DPM (Desert Peak Minerals) Debt-to-Asset : 0.01 (As of Jun. 2021)

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Director of Data and Quant Analytics at GuruFocus
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What is Desert Peak Minerals Debt-to-Asset?

Desert Peak Minerals DPM Debt-to-Asset is 0.01 as of Jun. 2021.

Desert Peak Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. Desert Peak Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $9.90 Mil. Desert Peak Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2021 was $909.55 Mil. Desert Peak Minerals's debt to asset for the quarter that ended in Jun. 2021 was 0.01.

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

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Desert Peak Minerals Debt-to-Asset Related Terms

Desert Peak Minerals Debt-to-Asset Historical Data

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The historical data trend for Desert Peak Minerals's Debt-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.

Desert Peak Minerals Debt-to-Asset Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Debt-to-Asset
0.10 0.06

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Debt-to-Asset 0.10 0.06 0.01

DPM vs : Debt-to-Asset Comparison

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

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

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


Desert Peak Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 33.5) / 598.628
=0.06

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

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 9.9) / 909.548
=0.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.01 mean?
Desert Peak Minerals (DPM) has a Debt-to-Asset of 0.01 as of Jun. 2021. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Debt-to-Asset too high?
Desert Peak Minerals' current Debt-to-Asset is 0.01.
How does Desert Peak Minerals' Debt-to-Asset compare to ?
Desert Peak Minerals' Debt-to-Asset of 0.01 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Desert Peak Minerals and its competitors. Desert Peak Minerals's current Debt-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desert Peak Minerals stock overvalued right now?
Desert Peak Minerals (DPM) has a current Debt-to-Asset of 0.01. The current Debt-to-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Debt-to-Asset is 0.01 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Desert Peak Minerals Business Description

Industry EnergyOil & Gas
Comparable Companies
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.