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TPLTexas Pacific Land Corporation

Debt to Assets Ratio: 0.90%

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Is the debt to assets ratio high or low?

The debt to assets ratio of 0.90% is 234% above its 5-year average of 0.27%, around the middle of its 5-year range (0.00%–1.99%).

As of Sunday, June 28, 2026. 13.64% above its 12-month average of 0.80%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

TPL Debt to Assets Ratio

0.90%

Reported quarterly debt to assets ratio; no daily interpolation.

+132.61% 5Y
TPL Debt to Assets Ratio

TPL Average Debt to Assets Ratio Chart

TPL Debt to Assets Ratio

TPL Current vs Average Debt to Assets Ratio Chart

TPL Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.90%

DEBT TO ASSETS RATIO AVG TTM

0.80%

DEBT TO ASSETS RATIO AVG 3Y

0.01%

DEBT TO ASSETS RATIO AVG 5Y

0.09%

DEBT TO ASSETS RATIO AVG 10Y

0.19%

DEBT TO ASSETS RATIO AVG 15Y

0.04%

DEBT TO ASSETS RATIO AVG 20Y

0.00%

CURRENT VS TTM AVG

+13.64%

CURRENT VS 3Y AVG

+6480.31%

CURRENT VS 5Y AVG

+857.65%

CURRENT VS 10Y AVG

+381.18%

CURRENT VS 15Y AVG

+2145.32%

CURRENT VS 20Y AVG

N/A

TPL Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Texas Pacific Land Corporation (TPL)$27.30B0.90%0.80%0.01%0.09%
Halliburton Company (HAL)vs ›$28.58B0.33%N/AN/AN/A
First Solar, Inc. (FSLR)vs ›$25.69B0.04%N/AN/AN/A
Coterra Energy Inc. (CTRA)vs ›$24.72B0.16%N/AN/AN/A
Tenaris S.A. (TS)vs ›$30.06B0.02%N/AN/AN/A
EQT Corporation (EQT)vs ›$32.96B0.19%N/AN/AN/A
Expand Energy Corporation (EXE)vs ›$21.16B0.18%N/AN/AN/A
APA Corporation (APA)vs ›$11.67B0.25%N/AN/AN/A
Antero Midstream Corporation (AM)vs ›$11.01B0.55%N/AN/AN/A
Cameco Corporation (CCJ)vs ›$45.51B0.10%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

0.9%

Debt/Equity

0.02

Current Ratio

4.40

Interest Coverage

N/A

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Texas Pacific Land Corporation (TPL)?
The debt to assets ratio for TPL stock is 0.90%.
Is Texas Pacific Land Corporation's debt to assets ratio high or low?
The debt to assets ratio of 0.90% is 234% above its 5-year average of 0.27%, around the middle of its 5-year range (0.00%–1.99%).
What is the TTM average debt to assets ratio for Texas Pacific Land Corporation (TPL)?
The TTM average debt to assets ratio for TPL stock is 0.80%.
What is the 3Y average debt to assets ratio for Texas Pacific Land Corporation (TPL)?
The 3Y average debt to assets ratio for TPL stock is 0.01%.
What is the 5Y average debt to assets ratio for Texas Pacific Land Corporation (TPL)?
The 5Y average debt to assets ratio for TPL stock is 0.09%.
What is the 10Y average debt to assets ratio for Texas Pacific Land Corporation (TPL)?
The 10Y average debt to assets ratio for TPL stock is 0.19%.
What is the 15Y average debt to assets ratio for Texas Pacific Land Corporation (TPL)?
The 15Y average debt to assets ratio for TPL stock is 0.04%.
What is the 20Y average debt to assets ratio for Texas Pacific Land Corporation (TPL)?
The 20Y average debt to assets ratio for TPL stock is 0.00%.

TPL Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-310.90%
2025-12-311.99%
2025-09-301.08%
2025-06-300.00%
2025-03-310.00%
2024-12-310.04%
2024-09-300.00%
2024-06-300.00%
2024-03-310.00%
2023-12-310.10%
2023-09-300.00%
2023-06-300.00%
2023-03-310.00%
2022-12-310.22%
2022-09-300.00%
2022-06-300.00%
2022-03-310.00%
2021-12-310.19%
2021-09-300.33%
2021-06-300.39%
2021-03-310.43%
2020-12-310.35%
2020-09-300.50%
2020-06-300.57%
2020-03-310.60%
2019-12-310.56%
2019-09-300.66%
2019-06-300.75%
2019-03-310.73%
2018-12-310.00%
2018-09-300.00%
2018-06-300.00%
2018-03-310.00%
2017-12-310.00%
2017-09-300.00%
2017-06-300.00%
2017-03-310.00%
2016-12-310.00%
2016-09-300.00%
2016-06-300.00%
2016-03-310.00%
2015-12-310.00%
2015-09-300.00%
2015-06-300.00%
2015-03-310.00%
2014-12-310.00%
2014-09-300.00%
2014-06-300.00%
2014-03-310.00%
2013-12-310.00%
2013-09-300.00%
2013-06-300.00%
2013-03-310.00%
2012-12-310.00%
2012-09-300.00%
2012-06-300.00%
2012-03-310.00%
2011-12-310.00%
2011-09-300.00%
2011-06-300.00%
2011-03-310.00%
2010-12-310.00%
2010-09-300.00%
2010-06-300.00%
2010-03-310.00%
2009-12-310.00%
2009-09-300.00%
2009-06-300.00%
2009-03-310.00%
2008-12-310.00%
2008-09-300.00%
2008-06-300.00%
2008-03-310.00%
2007-12-310.00%
2007-09-300.00%
2007-06-300.00%
2007-03-310.00%
2006-12-310.00%
2006-09-300.00%
2006-06-300.00%
2006-03-310.00%
2005-12-310.00%
2005-09-300.00%
2005-06-300.00%
2005-03-310.00%
2004-12-310.00%
2004-09-300.00%
2004-06-300.00%
2004-03-310.00%
2003-12-310.00%
2003-09-300.00%
2003-06-300.00%
2003-03-310.00%
2002-12-310.00%
2002-09-300.00%
2002-06-300.00%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About Texas Pacific Land Corporation

Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.

Dallas, TX
111 employees
www.texaspacific.com
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Tyler Glover
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