Texas Total Current Assets from 2010 to 2024

TPL Stock  USD 1,197  10.14  0.84%   
Texas Pacific Total Current Assets yearly trend continues to be quite stable with very little volatility. Total Current Assets may rise above about 905.6 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1990-03-31
Previous Quarter
B
Current Value
709 M
Quarterly Volatility
241.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Pacific's main balance sheet or income statement drivers, such as Total Revenue of 663.2 M, Gross Profit of 612.4 M or Other Operating Expenses of 152.8 M, as well as many indicators such as Price To Sales Ratio of 13.18, Dividend Yield of 0.0123 or PTB Ratio of 12.12. Texas financial statements analysis is a perfect complement when working with Texas Pacific Valuation or Volatility modules.
  
Check out the analysis of Texas Pacific Correlation against competitors.

Latest Texas Pacific's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Texas Pacific Land over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Texas Pacific's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Texas Pacific's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Texas Total Current Assets Regression Statistics

Arithmetic Mean304,395,041
Geometric Mean118,698,060
Coefficient Of Variation111.13
Mean Deviation297,848,127
Median100,102,000
Standard Deviation338,280,850
Sample Variance114433.9T
Range897.7M
R-Value0.92
Mean Square Error18076.2T
R-Squared0.85
Slope69,874,503
Total Sum of Squares1602075.1T

Texas Total Current Assets History

2024905.6 M
2023862.5 M
2022743.1 M
2021635.6 M
2020439.8 M
2019473.7 M
2018188.3 M

About Texas Pacific Financial Statements

Texas Pacific investors utilize fundamental indicators, such as Total Current Assets, to predict how Texas Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Assets862.5 M905.6 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Texas Pacific Land is a strong investment it is important to analyze Texas Pacific's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Texas Pacific's future performance. For an informed investment choice regarding Texas Stock, refer to the following important reports:
Check out the analysis of Texas Pacific Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Pacific. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.011
Dividend Share
4.603
Earnings Share
19.43
Revenue Per Share
29.861
Quarterly Revenue Growth
0.099
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.