Brooge Other Liab vs Total Assets Analysis
BROG Stock | USD 1.31 0.05 3.97% |
Brooge Holdings financial indicator trend analysis is way more than just evaluating Brooge Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brooge Holdings is a good investment. Please check the relationship between Brooge Holdings Other Liab and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brooge Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.
Other Liab vs Total Assets
Other Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brooge Holdings Other Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brooge Holdings' Other Liab and Total Assets is 0.9. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Brooge Holdings, assuming nothing else is changed. The correlation between historical values of Brooge Holdings' Other Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Brooge Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Liab i.e., Brooge Holdings' Other Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Liab
Total Assets
Total assets refers to the total amount of Brooge Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Brooge Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Brooge Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brooge Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brooge Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.The Brooge Holdings' current Selling General Administrative is estimated to increase to about 15.2 M, while Sales General And Administrative To Revenue is projected to decrease to 0.1.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.7M | 25.3M | 29.1M | 30.6M | Depreciation And Amortization | 8.0M | 13.6M | 15.6M | 16.4M |
Brooge Holdings fundamental ratios Correlations
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Brooge Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brooge Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 307.3M | 432.6M | 457.2M | 473.6M | 544.7M | 378.9M | |
Other Current Liab | 50.8M | 23.3M | 275.2M | 85.8M | 98.7M | 80.0M | |
Total Current Liabilities | 79.3M | 43.8M | 295.9M | 280.0M | 322.0M | 167.0M | |
Total Stockholder Equity | 125.1M | 128.6M | 78.5M | 105.1M | 120.9M | 103.8M | |
Other Liab | 13.9K | 913.8K | 2.1M | 2.2M | 2.5M | 2.6M | |
Net Tangible Assets | 109.4M | 128.6M | 78.5M | 105.1M | 120.9M | 100.9M | |
Retained Earnings | (65.3M) | (46.9M) | (95.0M) | (67.8M) | (61.0M) | (64.0M) | |
Accounts Payable | 26.0M | 3.7M | 9.1M | 9.9M | 11.3M | 9.6M | |
Cash | 19.8M | 39.4M | 7.4M | 940.9K | 1.1M | 1.0M | |
Non Current Assets Total | 284.9M | 392.2M | 444.7M | 459.1M | 527.9M | 326.1M | |
Non Currrent Assets Other | 21.7M | (40.2K) | 17.4M | 33.0M | 38.0M | 39.9M | |
Other Assets | 21.7M | 24.9M | 17.4M | 33.0M | 29.7M | 40.9M | |
Cash And Short Term Investments | 19.8M | 39.4M | 7.4M | 8.3M | 9.5M | 13.7M | |
Liabilities And Stockholders Equity | 307.3M | 432.6M | 457.2M | 473.6M | 544.7M | 343.0M | |
Non Current Liabilities Total | 102.8M | 260.2M | 82.9M | 88.5M | 101.8M | 103.1M | |
Capital Lease Obligations | 30.8M | 89.1M | 89.8M | 90.9M | 104.5M | 60.6M | |
Inventory | 179.6K | 321.8K | 250.4K | 315.6K | 362.9K | 255.0K | |
Other Current Assets | 783.5K | 247.7K | 1.1M | 947.6K | 1.1M | 647.0K | |
Total Liab | 182.1M | 304.0M | 378.7M | 368.6M | 423.8M | 275.2M | |
Property Plant And Equipment Gross | 263.2M | 367.3M | 455.8M | 468.1M | 538.4M | 321.2M | |
Short Long Term Debt | 3.7M | 2.3M | 7M | 171.3M | 197.0M | 206.9M | |
Total Current Assets | 22.4M | 40.4M | 12.5M | 14.6M | 16.8M | 17.0M | |
Short Term Debt | 18.2M | 16.8M | 9.0M | 177.7M | 204.3M | 214.5M | |
Property Plant Equipment | 263.2M | 367.3M | 427.3M | 426.0M | 489.9M | 344.1M | |
Short Long Term Debt Total | 119.5M | 276.1M | 272.6M | 264.0M | 303.6M | 233.4M | |
Property Plant And Equipment Net | 263.2M | 367.3M | 427.3M | 426.0M | 489.9M | 369.9M | |
Current Deferred Revenue | 35.1M | 1.0M | 2.4M | 6.2M | 5.6M | 8.4M | |
Net Debt | 99.6M | 236.7M | 265.2M | 263.1M | 302.5M | 218.5M | |
Net Receivables | 1.6M | 336.8K | 3.8M | 5.3M | 6.1M | 6.4M | |
Net Invested Capital | 199.3M | 315.6M | 78.5M | 278.2M | 320.0M | 206.0M | |
Net Working Capital | (57.0M) | (3.4M) | (283.3M) | (265.4M) | (238.9M) | (227.0M) |
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When determining whether Brooge Holdings is a strong investment it is important to analyze Brooge Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brooge Holdings' future performance. For an informed investment choice regarding Brooge Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brooge Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brooge Holdings. If investors know Brooge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brooge Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 8.596 | Earnings Share (0.55) | Revenue Per Share 1.203 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0363 |
The market value of Brooge Holdings is measured differently than its book value, which is the value of Brooge that is recorded on the company's balance sheet. Investors also form their own opinion of Brooge Holdings' value that differs from its market value or its book value, called intrinsic value, which is Brooge Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brooge Holdings' market value can be influenced by many factors that don't directly affect Brooge Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brooge Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brooge Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brooge Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.