Brooge Retained Earnings vs Property Plant And Equipment Net Analysis
BROG Stock | USD 1.32 0.07 5.04% |
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 Retained Earnings and its Property Plant And Equipment Net 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.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brooge Holdings Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Brooge Holdings' Retained Earnings and Property Plant And Equipment Net is -0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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' Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Brooge Holdings are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Brooge Holdings' Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 15.7 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 | 20.7M | 11.6M | Depreciation And Amortization | 8.0M | 13.6M | 15.6M | 16.4M |
Brooge Holdings fundamental ratios Correlations
Click cells to compare fundamentals
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 | 486.0M | 401.2M | |
Other Current Liab | 50.8M | 23.3M | 275.2M | 85.8M | 314.2K | 298.5K | |
Total Current Liabilities | 79.3M | 43.8M | 295.9M | 280.0M | 342.6M | 197.0M | |
Total Stockholder Equity | 125.1M | 128.6M | 78.5M | 105.1M | 56.8M | 97.9M | |
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) | (116.1M) | (110.3M) | |
Accounts Payable | 26.0M | 3.7M | 9.1M | 9.9M | 24.3M | 25.5M | |
Cash | 19.8M | 39.4M | 7.4M | 762.9K | 7.7M | 11.8M | |
Non Current Assets Total | 284.9M | 392.2M | 444.7M | 459.1M | 463.8M | 352.4M | |
Non Currrent Assets Other | 21.7M | (40.2K) | 17.4M | 33.0M | 8.5M | 12.7M | |
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 | 86.6M | 102.0M | |
Capital Lease Obligations | 30.8M | 89.1M | 89.8M | 90.9M | 92.0M | 66.4M | |
Inventory | 179.6K | 321.8K | 250.4K | 315.6K | 412.7K | 283.5K | |
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 | 429.2M | 303.3M | |
Property Plant And Equipment Gross | 263.2M | 367.3M | 455.8M | 468.1M | 505.1M | 354.7M | |
Short Long Term Debt | 3.7M | 2.3M | 7M | 171.3M | 160.1M | 168.1M | |
Total Current Assets | 22.4M | 40.4M | 12.5M | 14.6M | 22.2M | 18.0M | |
Short Term Debt | 18.2M | 16.8M | 9.0M | 177.6M | 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 | 449.5M | 390.7M | |
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 | 153.8M | 210.3M | |
Net Receivables | 1.6M | 336.8K | 3.8M | 5.3M | 41.6K | 39.5K | |
Net Invested Capital | 199.3M | 315.6M | 78.5M | 278.2M | 218.3M | 211.7M | |
Net Working Capital | (57.0M) | (3.4M) | (283.3M) | (265.4M) | (320.4M) | (304.4M) |
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.