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

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What is Desert Peak Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Desert Peak Minerals's interest expense for the three months ended in Jun. 2021 was $ 0.00 Mil. Desert Peak Minerals does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2021.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Desert Peak Minerals's Operating Income for the three months ended in Jun. 2021 was $ 0.00 Mil. Desert Peak Minerals's Interest Expense for the three months ended in Jun. 2021 was $ 0.00 Mil. GuruFocus does not calculate Desert Peak Minerals's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Desert Peak Minerals Interest Expense Historical Data

The historical data trend for Desert Peak Minerals's Interest Expense 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 Interest Expense Chart

Desert Peak Minerals Annual Data

Trend

Dec19

Dec20

Interest Expense

-0.87

-1.97

Desert Peak Minerals Quarterly Data
	Dec19	Dec20	Jun21
Interest Expense	-	-	-

Desert Peak Minerals Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Desert Peak Minerals (NYSE:DPM) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Desert Peak Minerals's Interest Expense for the three months ended in Jun. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2021 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $9.90 Mil.

Desert Peak Minerals's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

GuruFocus does not calculate Desert Peak Minerals's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Desert Peak Minerals (Desert Peak Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Desert Peak Minerals Inc (NYSE:DPM) » Definitions » Interest Expense

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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.