DPM (Desert Peak Minerals) Liabilities-to-Assets : 0.02 (As of Jun. 2021)

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What is Desert Peak Minerals Liabilities-to-Assets?

Desert Peak Minerals DPM Liabilities-to-Assets is 0.02 as of Jun. 2021.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Desert Peak Minerals's Total Liabilities for the quarter that ended in Jun. 2021 was $16.97 Mil. Desert Peak Minerals's Total Assets for the quarter that ended in Jun. 2021 was $909.55 Mil. Therefore, Desert Peak Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 was 0.02.

Desert Peak Minerals  (NYSE:DPM) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Desert Peak Minerals Liabilities-to-Assets Related Terms

Desert Peak Minerals Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Desert Peak Minerals's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Liabilities-to-Assets
0.11 0.06

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Liabilities-to-Assets 0.11 0.06 0.02

DPM vs : Liabilities-to-Assets Comparison

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

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

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


Desert Peak Minerals Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Desert Peak Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=36.231/598.628
=0.06

Desert Peak Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 is calculated as

Liabilities-to-Assets (Q: Jun. 2021 )=Total Liabilities/Total Assets
=16.966/909.548
=0.02

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.02 mean?
Desert Peak Minerals (DPM) has a Liabilities-to-Assets of 0.02 as of Jun. 2021. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Liabilities-to-Assets too high?
Desert Peak Minerals' current Liabilities-to-Assets is 0.02.
How does Desert Peak Minerals' Liabilities-to-Assets compare to ?
Desert Peak Minerals' Liabilities-to-Assets of 0.02 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 Liabilities-to-Assets for an Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Desert Peak Minerals and its competitors. Desert Peak Minerals's current Liabilities-to-Assets is 0.02. 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 Liabilities-to-Assets of 0.02. The current Liabilities-to-Assets is 0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Liabilities-to-Assets is 0.02 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.