Cash Ratio Analysis of Texas Pacific Land Trust - Deep Dive


Cash Ratio of TPL
Dec-23
11.50
Excellent Cash Ratio
Dec-22
12.90
Excellent Cash Ratio
Growth
-10.87
%
Cash Ratio Analysis of Texas Pacific Land Trust
Cash Ratio of Texas Pacific Land Trust with value of 11.50 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of TPL has fallen by -10.87 % Compared to previous Financial Year.
Cash Ratio with value of 15.00 was highest in Year Dec-20 in last Five Years.
Cash Ratio with value of 6.34 was lowest in Year Dec-21 in last Five Years.
Latest Cash Ratio with value of 11.50 is lower than Average Cash Ratio of 11.63 in last five years.
Other Cash Ratio Related Info of TPL that may interest you.
Texas Pacific Land Trust Overview
CodePricePrevious PricePrice ChangeSector
TPL614.31614.54 0.0374 % Oil & Gas E&P
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Cash Ratio of Texas Pacific Land Trust
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio11.5012.906.3415.0012.419.8811.55
Change-10.87 %103.48 %-57.73 %20.87 %25.65 %-14.45 %-28.63 %
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FY Chart of Cash Ratio of Texas Pacific Land Trust


Note : All Data Generated at the End of Trading Hours (EOD Data)