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


What is Desert Peak Minerals Interest Expense?

Desert Peak Minerals DPM Interest Expense is $ Mil as of Jun. 2021.

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  (NYSE:DPM) Interest Expense Explanation

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. The higher, the better.

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.

* 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.

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

Desert Peak Minerals Interest Expense Historical Data

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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.

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 0.00 0.00 0.00

Desert Peak Minerals Interest Expense Calculation

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

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Desert Peak Minerals (DPM) has a Interest Expense of $ Mil as of Jun. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Interest Expense too high?
Desert Peak Minerals' current Interest Expense is $ Mil.
How does Desert Peak Minerals' Interest Expense compare to ?
Desert Peak Minerals' Interest Expense of $ Mil 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 Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Desert Peak Minerals and its competitors. Desert Peak Minerals's current Interest Expense is $ Mil. 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 Interest Expense of $ Mil. The current Interest Expense is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Interest Expense is $ Mil 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.