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Desert Peak Minerals (Desert Peak Minerals) Equity-to-Asset : 0.65 (As of Jun. 2021)


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What is Desert Peak Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Desert Peak Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $593.64 Mil. Desert Peak Minerals's Total Assets for the quarter that ended in Jun. 2021 was $909.55 Mil.

The historical rank and industry rank for Desert Peak Minerals's Equity-to-Asset or its related term are showing as below:

DPM's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.505
* Ranked among companies with meaningful Equity-to-Asset only.

Desert Peak Minerals Equity-to-Asset Historical Data

The historical data trend for Desert Peak Minerals's Equity-to-Asset 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 Equity-to-Asset Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Equity-to-Asset
0.89 0.94

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Equity-to-Asset 0.89 0.94 0.65

Competitive Comparison of Desert Peak Minerals's Equity-to-Asset

For the Oil & Gas E&P subindustry, Desert Peak Minerals's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Desert Peak Minerals Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Desert Peak Minerals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=562.397/598.628
=0.94

Desert Peak Minerals's Equity to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Equity to Asset (Q: Jun. 2021 )=Total Stockholders Equity/Total Assets
=593.642/909.548
=

* 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.


Desert Peak Minerals  (NYSE:DPM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Desert Peak Minerals Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Desert Peak Minerals's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Desert Peak Minerals (Desert Peak Minerals) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
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.

Desert Peak Minerals (Desert Peak Minerals) Headlines