What is Texas Pacific Land's debt-to-assets?

Texas Pacific Land (TPL) reported debt-to-assets of 0× in Q1 2026.

What does debt-to-assets mean?

What fraction of everything the company owns is funded by debt.

How do you interpret debt-to-assets?

A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.

How does debt-to-assets compare across companies?

Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.

Texas Pacific Land TPL Debt-to-assets

Debt-to-assets at other companies

Permian ResourcesPR

0.2×0.0×

Devon EnergyDVN

0.3×0.0×

Williams CompaniesWMB

0.5×0.0×

Enterprise Products PartnersEPD

0.4×0.0×

Atmos EnergyATO

0.3×0.0×

HalliburtonHAL

0.3×0.0×

Other financials

Income statement

See full

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

See full

Cash & equivalents$248.2M-46.5%

Total debt$18.0M—

Total equity$1.6B+29.0%

Total assets$1.8B+29.4%

Cash flow

See full

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

See full

Operating margin74.4%-1.6pp

Net margin60%-3.2pp

Returns & leverage

See full

Return on equity36.5%-3.1pp

Debt / equity0×—

Current ratio4.2×-3.6×

Where this comes from

Calculated from Texas Pacific Land’s reported figures.

total debt/total assets=0×

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 debt-to-assets?: Texas Pacific Land (TPL) reported debt-to-assets of 0× in Q1 2026.
What does debt-to-assets mean?: What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?: A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?: Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.