Texas Pacific Land Corporation (TPL)

Texas Pacific Land Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	369.84	725.17	510.83	428.24	281.05
Cash & Short-Term Investments	369.84	725.17	510.83	428.24	281.05
Cash Growth	-49.00%	41.96%	19.29%	52.37%	-7.44%
Receivables	126.67	128.97	103.98	95.22	48.22
Prepaid Expenses	5.32	2.94	7.43	3.05	1.29
Other Current Assets	1.55	5.38	11.16	-	1.98
Total Current Assets	503.37	862.46	633.4	526.51	332.53
Property, Plant & Equipment	123.74	91.45	88	81.55	81.74
Long-Term Investments	432.4	46.61	45.03	44.39	45.65
Other Intangible Assets	35.19	21.03	-	-	-
Other Long-Term Assets	153.32	134.85	111	111.61	111.72
Total Assets	1,248	1,156	877.43	764.06	571.64
Accounts Payable	26.16	22.5	23.44	17.91	13.33
Accrued Expenses	8.42	10.76	8.5	0.1	-
Current Portion of Leases	0.8	-	-	-	-
Current Income Taxes Payable	4.39	4.8	3.17	29.08	4.05
Current Unearned Revenue	6.8	6.33	4.49	3.81	4
Total Current Liabilities	46.56	44.39	39.6	50.9	21.38
Long-Term Leases	0.45	1.17	1.96	1.45	2.03
Long-Term Unearned Revenue	20.64	25.01	21.71	20.45	22.17
Long-Term Deferred Tax Liabilities	47.4	42.37	41.15	38.95	38.73
Other Long-Term Liabilities	0.5	0.27	0.13	0.61	2.15
Total Liabilities	115.56	113.2	104.54	112.35	86.45
Common Stock	0.23	0.08	0.08	0.08	487.88
Additional Paid-In Capital	19.9	14.61	8.29	0.03	-
Retained Earnings	1,278	1,172	866.14	668.03	-
Treasury Stock	-168.84	-145	-104.14	-15.42	-
Comprehensive Income & Other	3.58	1.83	2.52	-1.01	-2.69
Shareholders' Equity	1,132	1,043	772.89	651.71	485.18
Total Liabilities & Equity	1,248	1,156	877.43	764.06	571.64
Total Debt	1.25	1.17	1.96	1.45	2.03
Net Cash (Debt)	368.59	724	508.88	426.8	279.02
Net Cash Growth	-49.09%	42.27%	19.23%	52.96%	-7.08%
Net Cash Per Share	16.01	31.40	21.95	18.35	11.99
Filing Date Shares Outstanding	22.98	23.01	23.09	23.24	23.27
Total Common Shares Outstanding	22.97	23.01	23.09	23.23	7.76
Working Capital	456.81	818.08	593.81	475.61	311.15
Book Value Per Share	49.30	45.34	33.48	28.05	62.55
Tangible Book Value	1,097	1,022	772.89	651.71	485.18
Tangible Book Value Per Share	47.77	44.43	33.48	28.05	62.55
Machinery	9.93	9.8	9.72	9.07	6.13

Source: S&P Capital IQ. Standard template. Financial Sources.