DPM (Desert Peak Minerals) Scaled Net Operating Assets: 1.50 (As of Jun. 2021)


What is Desert Peak Minerals Scaled Net Operating Assets?

Desert Peak Minerals DPM Scaled Net Operating Assets is 1.50 as of Jun. 2021.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Desert Peak Minerals's operating assets for the quarter that ended in Jun. 2021 was $903.36 Mil. Desert Peak Minerals's operating liabilities for the quarter that ended in Jun. 2021 was $7.07 Mil. Desert Peak Minerals's Total Assets for the quarter that ended in Dec. 2020 was $598.63 Mil. Therefore, Desert Peak Minerals's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2021 was 1.50.

Desert Peak Minerals Scaled Net Operating Assets Historical Data

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The historical data trend for Desert Peak Minerals's Scaled Net Operating 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 Scaled Net Operating Assets Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Scaled Net Operating Assets
0.96 0.93

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Scaled Net Operating Assets 0.96 0.93 1.50

DPM vs : Scaled Net Operating Assets Comparison

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

For the Oil & Gas industry and Energy sector, Desert Peak Minerals's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Desert Peak Minerals's Scaled Net Operating Assets falls into.


Desert Peak Minerals Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Desert Peak Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(591.097-2.731)/631.805
=0.93

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=598.628 - 7.531
=591.097

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.231 - 33.5 - 0
=2.731

Desert Peak Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2021 )
=(Operating Assets (Q: Jun. 2021 )-Operating Liabilities (Q: Jun. 2021 ))/Total Assets (Q: Dec. 2020 )
=(903.36-7.066)/598.628
=1.50

where

Operating Assets(Q: Jun. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=909.548 - 6.188
=903.36

Operating Liabilities(Q: Jun. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.966 - 9.9 - 0
=7.066

* 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.

What does a Scaled Net Operating Assets of 1.50 mean?
Desert Peak Minerals (DPM) has a Scaled Net Operating Assets of 1.50 as of Jun. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Scaled Net Operating Assets too high?
Desert Peak Minerals' current Scaled Net Operating Assets is 1.50.
How does Desert Peak Minerals' Scaled Net Operating Assets compare to ?
Desert Peak Minerals' Scaled Net Operating Assets of 1.50 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 Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Desert Peak Minerals and its competitors. Desert Peak Minerals's current Scaled Net Operating Assets is 1.50. 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 Scaled Net Operating Assets of 1.50. The current Scaled Net Operating Assets is 1.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Scaled Net Operating Assets is 1.50 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.