Texas Short Term Debt vs Total Current Assets Analysis

TPL Stock

USD 569.72 1.72 0.30%

Texas Pacific financial indicator trend analysis is much more than just breaking down Texas Pacific Land prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texas Pacific Land is a good investment. Please check the relationship between Texas Pacific Short Term Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Pacific Land Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Texas Pacific's Short Term Debt and Total Current Assets is -0.2. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Texas Pacific Land, assuming nothing else is changed. The correlation between historical values of Texas Pacific's Short Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Texas Pacific Land are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Debt i.e., Texas Pacific's Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Texas Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Texas Pacific Land current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

At this time, Texas Pacific's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.15 this year, although the value of Tax Provision will most likely fall to about 72.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	421.5M	634.5M	583.3M	612.4M
Total Revenue	451.0M	667.4M	631.6M	663.2M

Gross Profit Total Revenue

Texas Pacific fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Common Stock Shares Outstanding	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Total Current Assets	Other Current Liab	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Current Assets	Property Plant Equipment	Other Liab	Current Deferred Revenue	Inventory	Short Term Debt
Total Assets		1.0	1.0	0.83	0.94	0.97	-0.15	0.29	0.99	1.0	0.76	0.95	-0.99	0.96	0.99	0.99	0.81	-0.44	0.96	0.98	-0.06	0.95	0.96	0.79	0.47	-0.24
Total Stockholder Equity	1.0		1.0	0.83	0.93	0.97	-0.17	0.27	0.99	1.0	0.77	0.95	-1.0	0.96	1.0	1.0	0.79	-0.43	0.95	0.98	-0.05	0.95	0.95	0.78	0.45	-0.24
Retained Earnings	1.0	1.0		0.81	0.91	0.97	-0.21	0.23	0.99	0.99	0.77	0.95	-1.0	0.95	1.0	1.0	0.76	-0.42	0.93	0.97	-0.03	0.96	0.94	0.76	0.41	-0.23
Common Stock Shares Outstanding	0.83	0.83	0.81		0.84	0.76	-0.2	0.54	0.79	0.84	0.6	0.8	-0.8	0.83	0.8	0.8	0.76	-0.58	0.84	0.81	-0.21	0.77	0.87	0.71	0.68	-0.09
Property Plant And Equipment Net	0.94	0.93	0.91	0.84		0.89	0.16	0.53	0.92	0.94	0.62	0.87	-0.9	0.98	0.89	0.89	0.91	-0.45	0.96	0.95	-0.17	0.88	0.98	0.89	0.67	-0.32
Non Current Assets Total	0.97	0.97	0.97	0.76	0.89		-0.2	0.24	0.96	0.95	0.74	0.88	-0.96	0.91	0.97	0.97	0.77	-0.41	0.9	0.93	-0.04	0.93	0.92	0.73	0.31	-0.36
Non Currrent Assets Other	-0.15	-0.17	-0.21	-0.2	0.16	-0.2		0.48	-0.14	-0.13	-0.38	-0.18	0.22	0.06	-0.24	-0.24	0.24	0.11	0.03	-0.05	-0.26	-0.17	0.06	0.28	0.48	-0.22
Other Assets	0.29	0.27	0.23	0.54	0.53	0.24	0.48		0.21	0.31	0.06	0.22	-0.22	0.39	0.21	0.21	0.65	-0.66	0.46	0.27	-0.31	0.15	0.53	0.63	0.78	-0.44
Net Receivables	0.99	0.99	0.99	0.79	0.92	0.96	-0.14	0.21		0.99	0.79	0.97	-0.98	0.96	0.98	0.98	0.76	-0.32	0.94	0.99	-0.01	0.94	0.93	0.75	0.44	-0.17
Total Current Assets	1.0	1.0	0.99	0.84	0.94	0.95	-0.13	0.31	0.99		0.75	0.96	-0.99	0.97	0.99	0.99	0.81	-0.44	0.96	0.98	-0.07	0.94	0.96	0.8	0.52	-0.2
Other Current Liab	0.76	0.77	0.77	0.6	0.62	0.74	-0.38	0.06	0.79	0.75		0.85	-0.78	0.62	0.78	0.78	0.36	-0.26	0.67	0.75	0.45	0.6	0.63	0.44	0.15	-0.09
Total Current Liabilities	0.95	0.95	0.95	0.8	0.87	0.88	-0.18	0.22	0.97	0.96	0.85		-0.95	0.91	0.95	0.95	0.7	-0.32	0.93	0.96	0.05	0.86	0.89	0.72	0.49	-0.05
Net Debt	-0.99	-1.0	-1.0	-0.8	-0.9	-0.96	0.22	-0.22	-0.98	-0.99	-0.78	-0.95		-0.94	-1.0	-1.0	-0.76	0.42	-0.94	-0.97	0.02	-0.95	-0.93	-0.77	-0.42	0.21
Accounts Payable	0.96	0.96	0.95	0.83	0.98	0.91	0.06	0.39	0.96	0.97	0.62	0.91	-0.94		0.94	0.94	0.88	-0.4	0.98	0.98	-0.19	0.94	0.97	0.85	0.63	-0.2
Cash	0.99	1.0	1.0	0.8	0.89	0.97	-0.24	0.21	0.98	0.99	0.78	0.95	-1.0	0.94		1.0	0.76	-0.42	0.93	0.96	-0.02	0.95	0.93	0.75	0.39	-0.22
Cash And Short Term Investments	0.99	1.0	1.0	0.8	0.89	0.97	-0.24	0.21	0.98	0.99	0.78	0.95	-1.0	0.94	1.0		0.76	-0.42	0.93	0.96	-0.02	0.95	0.93	0.74	0.39	-0.22
Non Current Liabilities Total	0.81	0.79	0.76	0.76	0.91	0.77	0.24	0.65	0.76	0.81	0.36	0.7	-0.76	0.88	0.76	0.76		-0.59	0.91	0.79	-0.29	0.76	0.91	0.89	0.7	-0.44
Other Stockholder Equity	-0.44	-0.43	-0.42	-0.58	-0.45	-0.41	0.11	-0.66	-0.32	-0.44	-0.26	-0.32	0.42	-0.4	-0.42	-0.42	-0.59		-0.48	-0.3	-0.08	-0.32	-0.53	-0.56	-0.47	0.58
Total Liab	0.96	0.95	0.93	0.84	0.96	0.9	0.03	0.46	0.94	0.96	0.67	0.93	-0.94	0.98	0.93	0.93	0.91	-0.48		0.96	-0.13	0.88	0.97	0.87	0.64	-0.26
Property Plant And Equipment Gross	0.98	0.98	0.97	0.81	0.95	0.93	-0.05	0.27	0.99	0.98	0.75	0.96	-0.97	0.98	0.96	0.96	0.79	-0.3	0.96		-0.08	0.94	0.94	0.79	0.52	-0.14
Other Current Assets	-0.06	-0.05	-0.03	-0.21	-0.17	-0.04	-0.26	-0.31	-0.01	-0.07	0.45	0.05	0.02	-0.19	-0.02	-0.02	-0.29	-0.08	-0.13	-0.08		-0.2	-0.18	-0.14	-0.38	-0.25
Property Plant Equipment	0.95	0.95	0.96	0.77	0.88	0.93	-0.17	0.15	0.94	0.94	0.6	0.86	-0.95	0.94	0.95	0.95	0.76	-0.32	0.88	0.94	-0.2		0.9	0.7	0.4	-0.15
Other Liab	0.96	0.95	0.94	0.87	0.98	0.92	0.06	0.53	0.93	0.96	0.63	0.89	-0.93	0.97	0.93	0.93	0.91	-0.53	0.97	0.94	-0.18	0.9		0.9	0.65	-0.34
Current Deferred Revenue	0.79	0.78	0.76	0.71	0.89	0.73	0.28	0.63	0.75	0.8	0.44	0.72	-0.77	0.85	0.75	0.74	0.89	-0.56	0.87	0.79	-0.14	0.7	0.9		0.72	-0.48
Inventory	0.47	0.45	0.41	0.68	0.67	0.31	0.48	0.78	0.44	0.52	0.15	0.49	-0.42	0.63	0.39	0.39	0.7	-0.47	0.64	0.52	-0.38	0.4	0.65	0.72		-0.03
Short Term Debt	-0.24	-0.24	-0.23	-0.09	-0.32	-0.36	-0.22	-0.44	-0.17	-0.2	-0.09	-0.05	0.21	-0.2	-0.22	-0.22	-0.44	0.58	-0.26	-0.14	-0.25	-0.15	-0.34	-0.48	-0.03

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Texas Pacific Account Relationship Matchups

Texas Pacific fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	598.2M	571.6M	764.1M	877.4M	1.2B	1.2B
Total Stockholder Equity	512.1M	485.2M	651.7M	772.9M	1.0B	1.1B
Retained Earnings	513.6M	487.9M	668.0M	866.1M	1.2B	1.2B
Common Stock Shares Outstanding	23.3M	23.3M	23.3M	23.2M	23.1M	24.2M
Liabilities And Stockholders Equity	598.2M	571.6M	764.1M	877.4M	1.2B	1.2B
Property Plant And Equipment Net	120.5M	127.4M	125.9M	133.0M	138.1M	145.0M
Non Current Assets Total	124.5M	131.9M	128.5M	134.3M	293.9M	308.6M
Non Currrent Assets Other	4.0M	4.5M	2.5M	1.3M	(4.7M)	(4.5M)
Other Assets	111.1M	211.3M	111.6M	6.3M	7.3M	6.9M
Net Receivables	63.0M	48.2M	95.2M	104.0M	129.0M	135.4M
Total Current Assets	473.7M	439.8M	635.6M	743.1M	862.5M	905.6M
Other Current Liab	(12.8M)	4.1M	29.1M	11.2M	27.3M	28.7M
Total Current Liabilities	24.5M	18.7M	67.5M	56.8M	63.1M	66.2M
Net Debt	(300.3M)	(278.2M)	(426.8M)	(508.9M)	(724.0M)	(687.8M)
Accounts Payable	19.2M	14.7M	18.0M	23.9M	22.5M	23.6M
Cash	303.6M	281.0M	428.2M	510.8M	725.2M	761.4M
Cash And Short Term Investments	303.6M	281.0M	428.2M	510.8M	725.2M	761.4M
Non Current Liabilities Total	61.6M	67.7M	44.8M	47.7M	50.1M	52.6M
Other Stockholder Equity	1.0	(487.9M)	(15.4M)	(95.8M)	(130.4M)	(123.9M)
Total Liab	86.0M	86.5M	112.4M	104.5M	113.2M	118.9M
Property Plant And Equipment Gross	120.5M	79.3M	166.5M	185.9M	200.1M	210.1M
Other Current Assets	(366.6M)	2.0M	3.1M	7.4M	2.9M	3.1M
Property Plant Equipment	195.4M	81.7M	81.5M	242.7M	279.1M	293.1M
Other Liab	58.2M	64.9M	60.0M	63.0M	72.4M	76.1M
Accumulated Other Comprehensive Income	(1.5M)	(2.7M)	(1.0M)	2.5M	1.8M	1.9M
Current Deferred Revenue	17.4M	26.2M	20.4M	21.7M	25.0M	12.7M
Inventory	107.1M	108.5M	109.1M	109.7M	5.4M	5.1M
Short Term Debt	(13.4M)	696K	(26.2M)	0.0	(11.7M)	(11.2M)
Net Tangible Assets	512.1M	485.2M	651.7M	772.9M	888.8M	933.3M
Common Stock	245.8M	513.6M	487.9M	78K	89.7K	85.2K
Cash And Equivalents	303.6M	281.0M	428.2M	510.8M	587.5M	616.8M
Net Invested Capital	512.1M	485.2M	651.7M	772.9M	1.0B	595.4M
Net Working Capital	449.3M	421.0M	568.0M	686.3M	799.4M	501.8M

Texas Pacific Investors Sentiment

The influence of Texas Pacific's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Texas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Texas Pacific's public news can be used to forecast risks associated with an investment in Texas. The trend in average sentiment can be used to explain how an investor holding Texas can time the market purely based on public headlines and social activities around Texas Pacific Land. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Texas Pacific's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Texas Pacific's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Texas Pacific's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Texas Pacific.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Texas Pacific in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Texas Pacific's short interest history, or implied volatility extrapolated from Texas Pacific options trading.

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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:

How To Invest In Texas

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Is Texas Stock a good investment?

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What is Texas Pacific's Net Worth?

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Largest Oil & Gas Exploration & Production Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Texas Pacific's price analysis, check to measure Texas Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Texas Pacific is operating at the current time. Most of Texas Pacific's value examination focuses on studying past and present price action to predict the probability of Texas Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Pacific's price. Additionally, you may evaluate how the addition of Texas Pacific to your portfolios can decrease your overall portfolio volatility.

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Is Texas Pacific's industry 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

0.137

Dividend Share

4.333

Earnings Share

17.58

Revenue Per Share

27.408

Quarterly Revenue Growth

0.091

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.

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Texas Short Term Debt vs Total Current Assets Analysis

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Current Assets

Texas Pacific fundamental ratios Correlations

Texas Pacific Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Texas Pacific fundamental ratios Accounts

Texas Pacific Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash	+ 1.0	Total Stockholder Equity

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 1.0	Retained Earnings
Net Debt	- 1.0	Total Stockholder Equity
Net Debt	- 0.99	Total Current Assets
Net Debt	- 0.99	Total Assets