DPM (Desert Peak Minerals) Effective Interest Rate on Debt %: 0.00% (As of Jun. 2021)


What is Desert Peak Minerals Effective Interest Rate on Debt %?

Desert Peak Minerals DPM Effective Interest Rate on Debt % is 0.00% as of Jun. 2021.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Desert Peak Minerals's annualized positive value of Interest Expense for the quarter that ended in Jun. 2021 was $0.00 Mil. Desert Peak Minerals's average total debt for the quarter that ended in Jun. 2021 was $21.70 Mil. Therefore, Desert Peak Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 was 0.00%.

Desert Peak Minerals  (NYSE:DPM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Desert Peak Minerals Effective Interest Rate on Debt % Related Terms

Desert Peak Minerals Effective Interest Rate on Debt % Historical Data

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The historical data trend for Desert Peak Minerals's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Effective Interest Rate on Debt %
1.45 4.21

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Effective Interest Rate on Debt % 0.00 0.00 0.00

DPM vs : Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Desert Peak Minerals's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Desert Peak Minerals's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Desert Peak Minerals's Effective Interest Rate on Debt % falls into.


Desert Peak Minerals Effective Interest Rate on Debt % Calculation

Desert Peak Minerals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -1.968/( (60+33.5)/ 2 )
=-1  *  -1.968/46.75
=4.21 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=60 + 0
=60

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.5 + 0
=33.5

Desert Peak Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2020 )+Total Debt  (Q: Jun. 2021 ))/ count )
=-1  *  0/( (33.5+9.9)/ 2 )
=-1  *  0/21.7
=0.00 %

where

Total Debt  (Q: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.5 + 0
=33.5

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.9 + 0
=9.9

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jun. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
Desert Peak Minerals (DPM) has a Effective Interest Rate on Debt % of 0.00% as of Jun. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Effective Interest Rate on Debt % too high?
Desert Peak Minerals' current Effective Interest Rate on Debt % is 0.00%.
How does Desert Peak Minerals' Effective Interest Rate on Debt % compare to ?
Desert Peak Minerals' Effective Interest Rate on Debt % of 0.00% 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 Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Desert Peak Minerals and its competitors. Desert Peak Minerals's current Effective Interest Rate on Debt % is 0.00%. 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 Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Effective Interest Rate on Debt % is 0.00% 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.