Permian Basin Royalty Trust (PBT) Balance Sheet
PBT balance sheet, 2025
December 31, 2025 · U.S. dollars$1.9M assets = $1.7M liabilities + $162,566 equity
Both columns are drawn to the same scale: what PBT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PBT financial health
Descriptive bands, not a rating. Fiscal 2025.
PBT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.4M2016 | $1.9M2025 | −9.0%/yr | |
| Total liabilities | $3.8M2016 | $1.7M2025 | −8.4%/yr | |
| Shareholders’ equity | $603,1192016 | $162,5662025 | −13.6%/yr | |
| Cash & short-term investments | $3.8M2016 | $1.72B2025 | +97.2%/yr | |
| Total debt | $02016 | $02025 | — | |
| Net cash (debt) | $3.8M2016 | $1.72B2025 | +$1.7B | |
| Working capital | $1.1M2016 | $1.1M2025 | +$50,000 | |
| Book value per share | $0.012016 | $0.002025 | −13.6%/yr | |
| Current ratio | 1.382016 | 2.792025 | +1.41 | |
| Debt / equity | 0.002016 | 0.002025 | 0.00 | |
| Shares outstanding | 46.6M2016 | 46.6M2025 | −0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PBT assets
PBT liabilities and equity
PBT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PBT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.72B | $2.1M | $6.1M | $2.9M | $2.2M | $1.7M | $2.9M | $3.5M | $3.4M | $3.8M |
| Cash & equivalents | $1.72B | $2.1M | $6.1M | $2.9M | $2.2M | $1.7M | $2.86B | $3.5M | $3.4M | $3.8M |
| Short-term investments | — | −$2.12B | −$6.05B | $3 | −$2.25B | −$1.72B | −$2.86B | — | — | — |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $467,580 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1.7M | $2.1M | $6.1M | $2.9M | $2.2M | $1.7M | $2.9M | $3.5M | $3.4M | $3.8M |
| Property, plant & equipment (net) | $162,566 | $164,407 | $221,474 | $279,433 | $352,688 | $382,876 | $424,507 | $467,580 | $529,043 | $603,119 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $529,043 | $603,119 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $424,507 | $467,580 | $529,043 | $603,119 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1.9M | $2.3M | $6.3M | $3.1M | $2.6M | $2.1M | $3.3M | $4.0M | $4.0M | $4.4M |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | $2.4M | $1.1M |
| Short-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $615,167 | $1.0M | $5.0M | $1.8M | $1.1M | $625,449 | $1.8M | $2.5M | $2.4M | $2.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M |
| Total liabilities | $1.7M | $2.1M | $6.1M | $2.9M | $2.2M | $1.7M | $2.9M | $3.5M | $3.4M | $3.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $162,566 | $164,407 | $221,474 | $279,433 | $352,688 | $382,876 | $424,507 | $467,580 | $529,043 | $603,119 |
| Accumulated other comprehensive income | — | — | — | — | — | — | −$10.6M | −$10.5M | −$10.4M | −$10.4M |
| Total shareholders' equity | $162,566 | $164,407 | $221,474 | $279,433 | $352,688 | $382,876 | $424,507 | $467,580 | $529,043 | $603,119 |
| Key figures | ||||||||||
| Total debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net cash (debt) | $1.72B | $2.1M | $6.1M | $2.9M | $2.2M | $1.7M | $2.9M | $3.5M | $3.4M | $3.8M |
| Working capital | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M |
| Tangible book value | $162,566 | $164,407 | $221,474 | $279,433 | $352,688 | $382,876 | $424,507 | $467,580 | $0 | $0 |
| Book value per share | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| Shares outstanding | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M |
| Current ratio | 2.79 | 2.08 | 1.22 | 1.63 | 1.96 | 2.76 | 1.58 | 1.42 | 1.44 | 1.38 |
| Quick ratio | 2,788.13 | 2.08 | 1.22 | 1.63 | 1.96 | 2.76 | 1.58 | 1.61 | 1.44 | 1.38 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 8.7% | 7.2% | 3.5% | 8.9% | 13.6% | 18.2% | 12.9% | 11.7% | 13.4% | 13.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.2M | $1.6M | $1.7M | $6.5M | $1.7M | $1.9M | $2.1M | $3.7M | $6.7M | $3.0M | $6.1M | $2.1M |
| Cash & equivalents | $2.2M | $1.6M | $1.7M | $6.5M | $1.7M | $1.9M | $2.1M | $3.7M | $6.7M | $3.0M | $6.1M | $2.1M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | −$6.05B | — |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2.2M | $1.6M | $1.7M | $6.5M | $1.7M | $1.9M | $2.1M | $3.7M | $6.7M | $3.0M | $6.1M | $2.1M |
| Property, plant & equipment (net) | $161,721 | $162,134 | $162,566 | $162,423 | $163,122 | $163,765 | $164,407 | $185,625 | $197,625 | $209,625 | $221,474 | $159,433 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $2.4M | $1.8M | $1.9M | $6.7M | $1.9M | $2.1M | $2.3M | $3.9M | $6.9M | $3.2M | $6.3M | $2.3M |
| Liabilities | ||||||||||||
| Short-term debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | $0 |
| Total current liabilities | $1.1M | $496,941 | $615,167 | $5.4M | $604,817 | $848,624 | $1.0M | $2.4M | $3.4M | $1.9M | $5.0M | $1.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.2M | $0 | $0 | $0 |
| Other long-term liabilities | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.4M | $1.1M | $1.1M | $1.1M | $1.1M |
| Total liabilities | $2.2M | $1.6M | $1.9M | $6.5M | $1.7M | $1.9M | $2.1M | $3.7M | $6.7M | $3.0M | $6.1M | $2.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $161,721 | $162,134 | $162,566 | $162,423 | $163,122 | $163,765 | $164,407 | $185,625 | $197,625 | $209,625 | $221,474 | $159,433 |
| Total shareholders' equity | $161,721 | $162,134 | $162,566 | $162,423 | $163,122 | $163,765 | $164,407 | $185,625 | $197,625 | $209,625 | $221,474 | $159,433 |
| Key figures | ||||||||||||
| Total debt | — | — | $0 | $0 | $0 | $0 | $0 | $267,781 | $2.2M | — | — | $0 |
| Net cash (debt) | — | — | $1.7M | $6.5M | $1.7M | $1.9M | $2.1M | $3.5M | $4.5M | — | — | $2.1M |
| Working capital | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.4M | $3.3M | $1.1M | $1.1M | $1.1M |
| Tangible book value | $161,721 | $162,134 | $162,566 | $162,423 | $163,122 | $163,765 | $164,407 | $185,625 | $197,625 | $209,625 | $221,474 | $159,433 |
| Book value per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M |
| Current ratio | 1.96 | 3.21 | 2.79 | 1.20 | 2.82 | 2.30 | 2.08 | 1.58 | 1.97 | 1.57 | 1.22 | 2.05 |
| Quick ratio | 1.96 | 3.21 | 2.79 | 1.20 | 2.82 | 2.30 | 2.08 | 1.58 | 1.97 | 1.57 | 1.22 | 2.05 |
| Debt / equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.44 | 11.02 | — | — | 0.00 |
| Equity / assets | 6.7% | 9.2% | 8.7% | 2.4% | 8.7% | 7.8% | 7.2% | 4.7% | 2.9% | 6.5% | 3.5% | 6.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 27, 2026); data from EODHD.
PBT financial position
At the end of fiscal 2025 (December 31, 2025), Permian Basin Royalty had total assets of $1.9 million (down 17.9% from a year earlier), total liabilities of $1.7 million and shareholders' equity of $0.2 million. It held $1.7 billion in cash and short-term investments against $0 of debt, a net cash position of $1.7 billion. Its current ratio was 2.79. In the latest quarter (ended June 30, 2026) total assets were $2.4 million and equity $0.2 million.
Related: PBT income statement, PBT cash flow statement, PBT key metrics. See the PBT stock overview for the latest quote and news.
PBT balance sheet FAQ
What are Permian Basin Royalty's total assets?
Permian Basin Royalty reported total assets of $1.9 million at the end of fiscal 2025 (December 31, 2025), compared with $2.3 million a year earlier.
How much debt does Permian Basin Royalty have?
Permian Basin Royalty had $0 of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does Permian Basin Royalty have?
Permian Basin Royalty held $1.7 billion in cash and short-term investments at the end of fiscal 2025; with $0 of debt that is net cash of $1.7 billion.
What is Permian Basin Royalty's book value?
Permian Basin Royalty's shareholders' equity (book value) was $0.2 million at the end of fiscal 2025, or $0.00 per share.
What is Permian Basin Royalty's current ratio?
Permian Basin Royalty had current assets of $1.7 million and current liabilities of $0.6 million, a current ratio of 2.79 (it can cover its short-term obligations).