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


What is Desert Peak Minerals LT-Debt-to-Total-Asset?

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

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Desert Peak Minerals's long-term debt to total assests ratio for the quarter that ended in Jun. 2021 was 0.01.

Desert Peak Minerals's long-term debt to total assets ratio increased from . 20 (0.00) to Jun. 2021 (0.01). It may suggest that Desert Peak Minerals is progressively becoming more dependent on debt to grow their business.

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

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Desert Peak Minerals LT-Debt-to-Total-Asset Related Terms

Desert Peak Minerals LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Desert Peak Minerals's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

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

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

Desert Peak Minerals LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=33.5/598.628
=0.06

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

LT Debt to Total Assets (Q: Jun. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2021 )/Total Assets (Q: Jun. 2021 )
=9.9/909.548
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Desert Peak Minerals (DPM) has a LT-Debt-to-Total-Asset of 0.01 as of Jun. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' LT-Debt-to-Total-Asset too high?
Desert Peak Minerals' current LT-Debt-to-Total-Asset is 0.01.
How does Desert Peak Minerals' LT-Debt-to-Total-Asset compare to ?
Desert Peak Minerals' LT-Debt-to-Total-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 LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Desert Peak Minerals and its competitors. Desert Peak Minerals's current LT-Debt-to-Total-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 LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current LT-Debt-to-Total-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.