Brooge Reconciled Depreciation vs Cost Of Revenue Analysis

BROG Stock  USD 1.26  0.08  5.97%   
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 Reconciled Depreciation and its Cost Of Revenue 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.

Reconciled Depreciation vs Cost Of Revenue

Reconciled Depreciation vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brooge Holdings Reconciled Depreciation account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Brooge Holdings' Reconciled Depreciation and Cost Of Revenue is 1.0. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Cost Of Revenue 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' Reconciled Depreciation and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Brooge Holdings are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Reconciled Depreciation i.e., Brooge Holdings' Reconciled Depreciation and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Reconciled Depreciation

Cost Of Revenue

Cost of Revenue is found on Brooge Holdings income statement and represents the costs associated with goods and services Brooge Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Expense6.7M25.3M29.1M30.6M
Depreciation And Amortization8.0M13.6M15.6M16.4M

Brooge Holdings fundamental ratios Correlations

0.730.760.790.90.84-0.890.530.380.050.610.480.930.940.870.860.990.75-0.811.00.960.99-0.140.950.670.85
0.730.780.330.730.34-0.850.450.110.00.230.210.680.510.850.610.770.36-0.610.760.70.76-0.110.710.550.28
0.760.780.280.820.33-0.670.31-0.270.06-0.050.570.580.660.860.530.820.14-0.510.810.730.8-0.250.810.840.41
0.790.330.280.590.99-0.740.730.68-0.020.860.20.890.770.620.910.70.92-0.740.740.680.740.30.590.350.94
0.90.730.820.590.65-0.820.390.060.070.380.660.850.840.820.710.920.52-0.710.920.910.94-0.260.920.890.69
0.840.340.330.990.65-0.740.640.66-0.030.860.30.890.850.610.890.760.93-0.740.790.760.790.150.680.390.97
-0.89-0.85-0.67-0.74-0.82-0.74-0.73-0.390.08-0.59-0.2-0.94-0.72-0.91-0.91-0.87-0.710.78-0.88-0.8-0.89-0.14-0.76-0.6-0.67
0.530.450.310.730.390.64-0.730.350.010.47-0.130.730.330.720.810.460.55-0.640.490.290.490.760.240.340.54
0.380.11-0.270.680.060.66-0.390.35-0.020.93-0.280.480.380.10.490.290.86-0.460.310.350.290.160.21-0.360.55
0.050.00.06-0.020.07-0.030.080.01-0.020.020.060.06-0.060.08-0.220.060.07-0.520.050.040.05-0.010.050.080.06
0.610.23-0.050.860.380.86-0.590.470.930.02-0.010.730.610.320.690.520.98-0.660.550.580.550.130.45-0.010.78
0.480.210.570.20.660.3-0.2-0.13-0.280.06-0.010.330.60.330.230.520.09-0.220.520.580.54-0.510.640.720.4
0.930.680.580.890.850.89-0.940.730.480.060.730.330.820.850.930.880.84-0.870.90.840.910.140.790.630.85
0.940.510.660.770.840.85-0.720.330.38-0.060.610.60.820.680.770.930.73-0.650.940.960.93-0.310.940.610.9
0.870.850.860.620.820.61-0.910.720.10.080.320.330.850.680.820.880.48-0.760.880.750.880.140.770.740.6
0.860.610.530.910.710.89-0.910.810.49-0.220.690.230.930.770.820.80.78-0.690.830.730.830.30.680.510.82
0.990.770.820.70.920.76-0.870.460.290.060.520.520.880.930.880.80.67-0.781.00.971.0-0.230.970.70.78
0.750.360.140.920.520.93-0.710.550.860.070.980.090.840.730.480.780.67-0.770.690.70.690.110.590.150.86
-0.81-0.61-0.51-0.74-0.71-0.740.78-0.64-0.46-0.52-0.66-0.22-0.87-0.65-0.76-0.69-0.78-0.77-0.79-0.73-0.79-0.14-0.68-0.5-0.73
1.00.760.810.740.920.79-0.880.490.310.050.550.520.90.940.880.831.00.69-0.790.971.0-0.190.960.70.81
0.960.70.730.680.910.76-0.80.290.350.040.580.580.840.960.750.730.970.7-0.730.970.97-0.390.990.640.79
0.990.760.80.740.940.79-0.890.490.290.050.550.540.910.930.880.831.00.69-0.791.00.97-0.190.960.730.81
-0.14-0.11-0.250.3-0.260.15-0.140.760.16-0.010.13-0.510.14-0.310.140.3-0.230.11-0.14-0.19-0.39-0.19-0.44-0.140.05
0.950.710.810.590.920.68-0.760.240.210.050.450.640.790.940.770.680.970.59-0.680.960.990.96-0.440.710.73
0.670.550.840.350.890.39-0.60.34-0.360.08-0.010.720.630.610.740.510.70.15-0.50.70.640.73-0.140.710.47
0.850.280.410.940.690.97-0.670.540.550.060.780.40.850.90.60.820.780.86-0.730.810.790.810.050.730.47
Click cells to compare fundamentals

Brooge Holdings Account Relationship Matchups

Brooge Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets307.3M432.6M457.2M473.6M544.7M378.9M
Other Current Liab50.8M23.3M275.2M85.8M98.7M80.0M
Total Current Liabilities79.3M43.8M295.9M280.0M322.0M167.0M
Total Stockholder Equity125.1M128.6M78.5M105.1M120.9M103.8M
Other Liab13.9K913.8K2.1M2.2M2.5M2.6M
Net Tangible Assets109.4M128.6M78.5M105.1M120.9M100.9M
Retained Earnings(65.3M)(46.9M)(95.0M)(67.8M)(61.0M)(64.0M)
Accounts Payable26.0M3.7M9.1M9.9M11.3M9.6M
Cash19.8M39.4M7.4M940.9K1.1M1.0M
Non Current Assets Total284.9M392.2M444.7M459.1M527.9M326.1M
Non Currrent Assets Other21.7M(40.2K)17.4M33.0M38.0M39.9M
Other Assets21.7M24.9M17.4M33.0M29.7M40.9M
Cash And Short Term Investments19.8M39.4M7.4M8.3M9.5M13.7M
Liabilities And Stockholders Equity307.3M432.6M457.2M473.6M544.7M343.0M
Non Current Liabilities Total102.8M260.2M82.9M88.5M101.8M103.1M
Capital Lease Obligations30.8M89.1M89.8M90.9M104.5M60.6M
Inventory179.6K321.8K250.4K315.6K362.9K255.0K
Other Current Assets783.5K247.7K1.1M947.6K1.1M647.0K
Total Liab182.1M304.0M378.7M368.6M423.8M275.2M
Property Plant And Equipment Gross263.2M367.3M455.8M468.1M538.4M321.2M
Short Long Term Debt3.7M2.3M7M171.3M197.0M206.9M
Total Current Assets22.4M40.4M12.5M14.6M16.8M17.0M
Short Term Debt18.2M16.8M9.0M177.7M204.3M214.5M
Property Plant Equipment263.2M367.3M427.3M426.0M489.9M344.1M
Short Long Term Debt Total119.5M276.1M272.6M264.0M303.6M233.4M
Property Plant And Equipment Net263.2M367.3M427.3M426.0M489.9M369.9M
Current Deferred Revenue35.1M1.0M2.4M6.2M5.6M8.4M
Net Debt99.6M236.7M265.2M263.1M302.5M218.5M
Net Receivables1.6M336.8K3.8M5.3M6.1M6.4M
Net Invested Capital199.3M315.6M78.5M278.2M320.0M206.0M
Net Working Capital(57.0M)(3.4M)(283.3M)(265.4M)(238.9M)(227.0M)

Currently Active Assets on Macroaxis

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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.