DPM (Desert Peak Minerals) Total Current Liabilities: $6.45 Mil (As of Jun. 2021)


What is Desert Peak Minerals Total Current Liabilities?

Desert Peak Minerals DPM Total Current Liabilities is $6.45 Mil as of Jun. 2021.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Desert Peak Minerals's total current liabilities for the quarter that ended in Jun. 2021 was $6.45

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Desert Peak Minerals Total Current Liabilities Related Terms

Desert Peak Minerals Total Current Liabilities Historical Data

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The historical data trend for Desert Peak Minerals's Total Current Liabilities 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 Total Current Liabilities Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Total Current Liabilities
8.14 2.09

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Total Current Liabilities 8.14 2.09 6.45

Desert Peak Minerals Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Desert Peak Minerals's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.955+0
+Other Current Liabilities+Current Deferred Liabilities
=0.072+0.063
=2.09

Desert Peak Minerals's Total Current Liabilities for the quarter that ended in Jun. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.893+0
+Other Current Liabilities+Current Deferred Liabilities
=1.493+0.063
=6.45

* 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 increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of $6.45 Mil mean?
Desert Peak Minerals (DPM) has a Total Current Liabilities of $6.45 Mil as of Jun. 2021. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Total Current Liabilities too high?
Desert Peak Minerals' current Total Current Liabilities is $6.45 Mil.
How does Desert Peak Minerals' Total Current Liabilities compare to ?
Desert Peak Minerals' Total Current Liabilities of $6.45 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 Total Current Liabilities for an Oil & Gas company?
A good Total Current Liabilities depends on the Oil & Gas industry context. However, Total Current Liabilities 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Desert Peak Minerals and its competitors. Desert Peak Minerals's current Total Current Liabilities is $6.45 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 Total Current Liabilities of $6.45 Mil. The current Total Current Liabilities is $6.45 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Total Current Liabilities is $6.45 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.