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Cash ratio at other companies

Permian Resources logo
Permian ResourcesPR
0.1×-0.3×
Williams Companies logo
Williams CompaniesWMB
-0.1×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.0×
Atmos Energy logo
Atmos EnergyATO
0.1×-0.4×
Halliburton logo
HalliburtonHAL
0.4×+0.1×
Schlumberger
 logo
Schlumberger SLB
0.2×0.0×

Other financials

Income statement

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Revenue$236.8M+20.8%
Operating income$182.3M+21.5%
Net income$142.9M+18.4%
EPS (diluted)$2.07+18.3%

Balance sheet

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Cash & equivalents$248.2M-46.5%
Total debt$18.0M
Total equity$1.6B+29.0%
Total assets$1.8B+29.4%

Cash flow

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Operating cash flow$162.0M+3.4%

Valuation

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Market cap$24.49B+7.4%
Enterprise value$24.26B
P/E48.6×-0.9×
P/S29.2×-2.1×

Profitability

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Operating margin74.4%-1.6pp
Net margin60%-3.2pp

Returns & leverage

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Return on equity36.5%-3.1pp
Debt / equity
Current ratio4.2×-3.6×

Where this comes from

Calculated from Texas Pacific Land’s reported figures.

Based on the most recent quarter.

The official record: Texas Pacific Land’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Pacific Land's cash ratio?
Texas Pacific Land (TPL) reported cash ratio of 2.4× in Q1 2026.
How has Texas Pacific Land's cash ratio changed year-over-year?
Texas Pacific Land's cash ratio decreased by 59.5% year-over-year, from 6× to 2.4×.
What is the long-term trend for Texas Pacific Land's cash ratio?
Over 4 years (2021 to 2025), Texas Pacific Land's cash ratio has grown at a -11.6% compound annual growth rate (CAGR), from 45.6× to 27.8×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.