Desert Peak Minerals (Desert Peak Minerals) Total Current Assets : $18.08 Mil (As of Jun. 2021)

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What is Desert Peak Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Desert Peak Minerals's total current assets for the quarter that ended in Jun. 2021 was $18.08 Mil.

Desert Peak Minerals Total Current Assets Historical Data

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

Desert Peak Minerals Annual Data

Trend

Dec19

Dec20

Total Current Assets

33.02

16.17

Desert Peak Minerals Quarterly Data
	Dec19	Dec20	Jun21
Total Current Assets	33.02	16.17	18.08

Desert Peak Minerals Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.531	+	8.505	+	0	+	0.138
	=	16.17

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.188	+	11.201	+	0	+	0.688
	=	18.08

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Desert Peak Minerals (NYSE:DPM) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Desert Peak Minerals's Liquidation Value for the quarter that ended in Jun. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.188	-	16.966	+	0.75 * 11.201	+	0.5 * 0
=	-2.38

Desert Peak Minerals Total Current 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 Current 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.