Desert Peak Minerals (Desert Peak Minerals) EBIT : $ Mil (TTM As of Jun. 2021)

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What is Desert Peak Minerals EBIT?

Desert Peak Minerals's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2021 was $0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Desert Peak Minerals's annualized ROC % for the quarter that ended in Jun. 2021 was 0.00%. Desert Peak Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Desert Peak Minerals EBIT Historical Data

The historical data trend for Desert Peak Minerals's EBIT 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.

* Premium members only.

Desert Peak Minerals EBIT Chart

Desert Peak Minerals Annual Data

Trend

Dec19

Dec20

EBIT

9.83

-12.21

Desert Peak Minerals Quarterly Data
	Dec19	Dec20	Jun21
EBIT	-	-	-

Competitive Comparison of Desert Peak Minerals's EBIT

For the Oil & Gas E&P subindustry, Desert Peak Minerals's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Desert Peak Minerals's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Desert Peak Minerals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Desert Peak Minerals's EV-to-EBIT falls into.

Desert Peak Minerals EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $ Mil.

Desert Peak Minerals (NYSE:DPM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Desert Peak Minerals's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

	ROC % (Q: Jun. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Jun. 2021 ))	/ count )
=	0 * ( 1 - % )	/	( (589.142	+	898.467)	/ 2 )
=	0	/	743.8045
=	0.00 %

where

	Invested Capital		(Q: Dec. 2020 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	598.628	-	1.955	-	( 7.531	-	max(0, 2.09	-	16.174	+	7.531	))
=	589.142

	Invested Capital		(Q: Jun. 2021 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	909.548	-	4.893	-	( 6.188	-	max(0, 6.449	-	18.077	+	6.188	))
=	898.467

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

2. Joel Greenblatt's definition of Return on Capital:

Desert Peak Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2020		Q: Jun. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (581.443 + max(6.553, 0))	+	(888.02 + max(5.44, 0)) )	/	2 )
=	0	/	( ( 587.996	+	893.46 )	/	2 )
=	0	/	740.728
=	0.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8.505	+	0	+	0.138)	-	(1.955	+	0.063	+	0.072)
=	6.553

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(11.201	+	0	+	0.688)	-	(4.893	+	0.063	+	1.493)
=	5.44

When net working capital is negative, 0 is used.

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

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Desert Peak Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2021 )
	=		/	0.000
	=	%

Desert Peak Minerals EBIT Related Terms

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Desert Peak Minerals (Desert Peak Minerals) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

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.