Texas Pacific Land Corporation (BMV:TPL)

Texas Pacific Land Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	460.38	369.84	725.17	510.83	428.24	281.05
Cash & Short-Term Investments	460.38	369.84	725.17	510.83	428.24	281.05
Cash Growth	-45.00%	-49.00%	41.96%	19.29%	52.37%	-7.44%
Receivables	138.25	126.67	128.97	103.98	95.22	48.22
Prepaid Expenses	4.87	5.32	2.94	7.43	3.05	1.29
Other Current Assets	3.42	1.55	5.38	11.16	-	1.98
Total Current Assets	606.92	503.37	862.46	633.4	526.51	332.53
Property, Plant & Equipment	128.47	123.74	91.45	88	81.55	81.74
Long-Term Investments	428.66	432.4	46.61	45.03	44.39	45.65
Other Intangible Assets	34.6	35.19	21.03	-	-	-
Other Long-Term Assets	154.64	153.32	134.85	111	111.61	111.72
Total Assets	1,353	1,248	1,156	877.43	764.06	571.64
Accounts Payable	25.07	26.16	22.5	23.44	17.91	13.33
Accrued Expenses	3.44	8.42	10.76	8.5	0.1	-
Current Portion of Leases	-	0.8	-	-	-	-
Current Income Taxes Payable	37.33	4.39	4.8	3.17	29.08	4.05
Current Unearned Revenue	12.02	6.8	6.33	4.49	3.81	4
Total Current Liabilities	77.86	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	20.31	20.64	25.01	21.71	20.45	22.17
Long-Term Deferred Tax Liabilities	48.19	47.4	42.37	41.15	38.95	38.73
Other Long-Term Liabilities	0.68	0.5	0.27	0.13	0.61	2.15
Total Liabilities	147.04	115.56	113.2	104.54	112.35	86.45
Common Stock	0.23	0.23	0.08	0.08	0.08	487.88
Additional Paid-In Capital	2.12	19.9	14.61	8.29	0.03	-
Retained Earnings	1,345	1,278	1,172	866.14	668.03	-
Treasury Stock	-144.85	-168.84	-145	-104.14	-15.42	-
Comprehensive Income & Other	3.54	3.58	1.83	2.52	-1.01	-2.69
Shareholders' Equity	1,206	1,132	1,043	772.89	651.71	485.18
Total Liabilities & Equity	1,353	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)	460.38	368.59	724	508.88	426.8	279.02
Net Cash Growth	-44.93%	-49.09%	42.27%	19.23%	52.96%	-7.08%
Net Cash Per Share	20.00	16.01	31.40	21.95	18.35	11.99
Filing Date Shares Outstanding	22.99	22.98	23.01	23.09	23.24	23.27
Total Common Shares Outstanding	22.99	22.97	23.01	23.09	23.23	7.76
Working Capital	529.06	456.81	818.08	593.81	475.61	311.15
Book Value Per Share	52.48	49.30	45.34	33.48	28.05	62.55
Tangible Book Value	1,172	1,097	1,022	772.89	651.71	485.18
Tangible Book Value Per Share	50.97	47.77	44.43	33.48	28.05	62.55
Machinery	9.94	9.93	9.8	9.72	9.07	6.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.