Current Assets
Total Current Assets
Texas Pacific Land Total Current Assets increased by 36.3% to $435.09M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.3%, from $606.92M to $435.09M. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows relatively stable performance with a -0.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.
Detailed definition
The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...
Peer comparison
High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.
Metric ID:
total_current_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $398.23M | $458.11M | $526.51M | $618.84M | $523.94M | $589.19M | $633.40M | $711.01M | $737.53M | $790.86M | $862.46M | $963.83M | $1.02B | $708.97M | $503.37M | $606.92M | $667.50M | $737.17M | $319.32M | $435.09M |
| QoQ Change | — | +15.0% | +14.9% | +17.5% | -15.3% | +12.5% | +7.5% | +12.3% | +3.7% | +7.2% | +9.1% | +11.8% | +5.6% | -30.3% | -29.0% | +20.6% | +10.0% | +10.4% | -56.7% | +36.3% |
| YoY Change | — | — | — | — | +31.6% | +28.6% | +20.3% | +14.9% | +40.8% | +34.2% | +36.2% | +35.6% | +38.0% | -10.4% | -41.6% | -37.0% | -34.4% | +4.0% | -36.6% | -28.3% |
Range$319.32M – $1.02B
CAGR+1.9%
Avg YoY Growth+6.0%
Median YoY Growth+17.6%
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Texas Pacific Land's total current assets?
- Texas Pacific Land (TPL) reported total current assets of $435.09M in Q1 2026.
- How has Texas Pacific Land's total current assets changed year-over-year?
- Texas Pacific Land's total current assets decreased by 28.3% year-over-year, from $606.92M to $435.09M.
- What is the long-term trend for Texas Pacific Land's total current assets?
- Over 5 years (2020 to 2025), Texas Pacific Land's total current assets has grown at a -0.8% compound annual growth rate (CAGR), from $332.53M to $319.32M.
- What does total current assets mean?
- Everything the company owns that can be turned into cash within a single year.