Desert Peak Minerals (Desert Peak Minerals) Total Assets : $909.55 Mil (As of Jun. 2021)

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What is Desert Peak Minerals Total Assets?

Desert Peak Minerals's Total Assets for the quarter that ended in Jun. 2021 was $909.55 Mil.

Total Assets is connected with ROA %. Desert Peak Minerals's annualized ROA % for the quarter that ended in Jun. 2021 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Desert Peak Minerals's Asset Turnover for the quarter that ended in Jun. 2021 was 0.00.

Desert Peak Minerals Total Assets Historical Data

The historical data trend for Desert Peak Minerals's Total Assets 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.

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Desert Peak Minerals Total Assets Chart

Desert Peak Minerals Annual Data

Trend

Dec19

Dec20

Total Assets

631.81

598.63

Desert Peak Minerals Quarterly Data
	Dec19	Dec20	Jun21
Total Assets	631.81	598.63	909.55

Desert Peak Minerals Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Desert Peak Minerals's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	562.397	+	36.231
	=	598.63

Desert Peak Minerals's Total Assets for the quarter that ended in Jun. 2021 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2021 )	+	Total Liabilities (Q: Jun. 2021 )
	=	892.582	+	16.966
	=	909.55

Desert Peak Minerals (NYSE:DPM) Total Assets Explanation

Total Assets is connected with ROA %.

Desert Peak Minerals's annualized ROA % for the quarter that ended in Jun. 2021 is

ROA %	=	Net Income (Q: Jun. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Jun. 2021 ))	/ count )
	=	0	/	( (598.628	+	909.548)	/ 2 )
	=	0	/	754.088
	=	0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Desert Peak Minerals's Asset Turnover for the quarter that ended in Jun. 2021 is

	Asset Turnover
=	Revenue (Q: Jun. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Jun. 2021 ))	/ count )
=	0	/	( (598.628	+	909.548)	/ 2 )
=	0	/	754.088
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Desert Peak Minerals Total Assets Related Terms

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Desert Peak Minerals (Desert Peak Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Desert Peak Minerals Inc (NYSE:DPM) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Website

http://www.desertpeak.com

Desert Peak Minerals Inc acquires, owns, and manages mineral and royalty interests in the Permian Basin. Its mineral and royalty interests entitle the company to receive a fixed percentage of the revenue from crude oil, natural gas, and NGLs produced from the acreage.