Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Texas Pacific LandTPL +0.82%87 Cash-to-Debt is 16.03 as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TPL with a GF Score™ of 87/100 and a GF Value™ of $406.72 (Fairly Valued). The stock has 2 warning signs investors should review. Among 990 Oil & Gas companies, Texas Pacific Land ranks better than 80.61% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Texas Pacific Land's cash to debt ratio for the quarter that ended in Jun. 2026 was 16.03.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Texas Pacific Landcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Texas Pacific Land's Cash-to-Debt or its related term are showing as below:
TPL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 8.95 Med: No Debt Max: No Debt
Current: 16.03
During the past 13 years, Texas Pacific Land's highest Cash to Debt Ratio was No Debt. The lowest was 8.95. And the median was No Debt.
TPL's Cash-to-Debt is ranked better than 80.61% of 990
companies
in the Oil & Gas industry
Industry Median: 0.565
vs TPL: 16.03
Texas Pacific Land (NYSE:TPL) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Texas Pacific Land Cash-to-Debt Related Terms
Texas Pacific Land Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Texas Pacific Land's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Oil & Gas E&P subindustry, Texas Pacific Land's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Texas Pacific Land Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Texas Pacific Land's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Texas Pacific Land's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Texas Pacific Land (TPL) has a Cash-to-Debt of 16.03 as of Jun. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, Texas Pacific Land's Cash-to-Debt has ranged from 8.95 to 10,000.00. According to the industry distribution chart, Texas Pacific Land ranks #192 out of 990 companies in the Oil & Gas industry, placing it in the top 19.4%.
Is Texas Pacific Land's Cash-to-Debt too high?
Texas Pacific Land's current Cash-to-Debt of 16.03 is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 8.95 to a high of 10,000.00. The Oil & Gas industry median Cash-to-Debt is 0.57. Texas Pacific Land's value of 16.03 is 2737.2% above this industry median. Based on the distribution chart, Texas Pacific Land ranks #192 out of 990 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Texas Pacific Land has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's Cash-to-Debt compare to EXE and PR?
According to the Oil & Gas industry distribution chart, Texas Pacific Land ranks #192 out of 990 companies for Cash-to-Debt. This places Texas Pacific Land in the top 19% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.57. Texas Pacific Land's value of 16.03 is 2737.2% above this benchmark. Historically, Texas Pacific Land's own Cash-to-Debt has ranged from 8.95 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 0.57, Texas Pacific Land has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Oil & Gas company?
The median Cash-to-Debt among Oil & Gas companies is 0.57, based on 990 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texas Pacific Land's current Cash-to-Debt of 16.03 is 2737.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Cash-to-Debt is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Pacific Land's current Cash-to-Debt is 16.03, which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Pacific Land stock overvalued right now?
Based on GuruFocus' analysis, Texas Pacific Land (TPL) is currently considered Fairly Valued. The stock's GF Value™ is $406.72, compared to a current price of $369.10 — trading 9.2% below its estimated fair value. The current Cash-to-Debt is 16.03, which is 100% below median its 10-year median of 10,000.00 and 2737.2% above the Oil & Gas industry median of 0.57. Texas Pacific Land's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current Cash-to-Debt is 16.03 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Texas Pacific Land (TPL) Overvalued in 2026?
Based on GuruFocus' analysis, Texas Pacific Land stock appears to be undervalued.
The current stock price of $369.10 is trading 9.2% below its estimated GF Value™ of $406.72.
GuruFocus considers Texas Pacific Land to be Fairly Valued.
Key valuation signals for TPL:
Cash-to-Debt: 16.03 (100% below median its 10-year median of 10,000.00)
GF Value™: $406.72 vs. price of $369.10 (9.2% below fair value)
Industry Position: 2737.2% above the Oil & Gas median (#192 of 990)
No single metric tells the full story. See the TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
87GF Score
Get the complete analysis for TPL
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPL has been successfully added to your 
