Brooge Accounts Payable vs Non Current Liabilities Total Analysis

BROGW Stock  USD 0  0.0004  25.00%   
Brooge Energy financial indicator trend analysis is way more than just evaluating Brooge Energy Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brooge Energy Limited is a good investment. Please check the relationship between Brooge Energy Accounts Payable and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brooge Energy Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brooge Energy Limited Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Brooge Energy's Accounts Payable and Non Current Liabilities Total is 0.37. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Brooge Energy Limited, assuming nothing else is changed. The correlation between historical values of Brooge Energy's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Brooge Energy Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Brooge Energy's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Brooge Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Brooge Energy Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Liabilities Total

Most indicators from Brooge Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brooge Energy Limited 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 Energy Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Selling General Administrative is likely to climb to about 15.7 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.1 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.7M25.3M20.7M11.6M
Depreciation And Amortization8.0M13.6M15.6M16.4M

Brooge Energy fundamental ratios Correlations

0.870.89-0.890.680.390.950.860.990.830.960.890.520.95-0.010.750.690.580.95-0.410.050.720.910.890.930.81
0.870.6-0.860.250.570.810.940.920.490.820.830.560.9-0.120.660.660.130.89-0.450.210.320.840.820.770.52
0.890.6-0.710.830.030.910.650.820.880.920.640.410.730.270.610.640.750.76-0.260.010.810.690.670.880.85
-0.89-0.86-0.71-0.53-0.57-0.82-0.9-0.9-0.71-0.81-0.84-0.47-0.93-0.08-0.62-0.81-0.44-0.930.660.11-0.57-0.85-0.87-0.93-0.69
0.680.250.83-0.530.040.640.320.60.960.660.580.160.570.130.490.440.980.59-0.2-0.320.980.60.610.730.85
0.390.570.03-0.570.040.360.40.490.250.330.59-0.170.54-0.380.180.4-0.020.51-0.75-0.470.130.530.690.350.29
0.950.810.91-0.820.640.360.770.920.780.990.750.390.830.120.60.70.560.84-0.49-0.080.660.770.780.870.74
0.860.940.65-0.90.320.40.770.880.530.80.750.660.870.140.580.80.220.87-0.370.240.330.760.740.860.53
0.990.920.82-0.90.60.490.920.880.780.940.930.530.97-0.10.760.680.50.97-0.440.050.660.940.920.910.77
0.830.490.88-0.710.960.250.780.530.780.80.740.230.750.10.560.610.920.77-0.32-0.30.960.750.790.870.91
0.960.820.92-0.810.660.330.990.80.940.80.760.440.840.130.60.720.580.85-0.39-0.030.670.780.790.890.76
0.890.830.64-0.840.580.590.750.750.930.740.760.470.97-0.390.840.470.480.96-0.440.00.680.990.950.790.74
0.520.560.41-0.470.16-0.170.390.660.530.230.440.470.53-0.080.660.210.130.530.160.580.20.510.250.440.08
0.950.90.73-0.930.570.540.830.870.970.750.840.970.53-0.180.820.630.451.0-0.50.070.640.980.940.890.76
-0.01-0.120.27-0.080.13-0.380.120.14-0.10.10.13-0.39-0.08-0.18-0.460.570.15-0.150.05-0.07-0.05-0.35-0.220.260.08
0.750.660.61-0.620.490.180.60.580.760.560.60.840.660.82-0.460.130.380.82-0.220.360.610.880.680.590.59
0.690.660.64-0.810.440.40.70.80.680.610.720.470.210.630.570.130.380.64-0.48-0.20.370.470.630.860.58
0.580.130.75-0.440.98-0.020.560.220.50.920.580.480.130.450.150.380.380.48-0.12-0.40.950.490.510.640.74
0.950.890.76-0.930.590.510.840.870.970.770.850.960.531.0-0.150.820.640.48-0.490.080.670.970.940.90.78
-0.41-0.45-0.260.66-0.2-0.75-0.49-0.37-0.44-0.32-0.39-0.440.16-0.50.05-0.22-0.48-0.12-0.490.53-0.25-0.44-0.56-0.46-0.37
0.050.210.010.11-0.32-0.47-0.080.240.05-0.3-0.030.00.580.07-0.070.36-0.2-0.40.080.53-0.290.06-0.16-0.08-0.13
0.720.320.81-0.570.980.130.660.330.660.960.670.680.20.64-0.050.610.370.950.67-0.25-0.290.70.690.720.86
0.910.840.69-0.850.60.530.770.760.940.750.780.990.510.98-0.350.880.470.490.97-0.440.060.70.940.810.76
0.890.820.67-0.870.610.690.780.740.920.790.790.950.250.94-0.220.680.630.510.94-0.56-0.160.690.940.840.83
0.930.770.88-0.930.730.350.870.860.910.870.890.790.440.890.260.590.860.640.9-0.46-0.080.720.810.840.83
0.810.520.85-0.690.850.290.740.530.770.910.760.740.080.760.080.590.580.740.78-0.37-0.130.860.760.830.83
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Brooge Energy Account Relationship Matchups

Brooge Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets307.3M432.6M457.2M473.6M486.0M370.4M
Total Current Liabilities79.3M43.8M295.9M280.0M342.6M181.1M
Total Stockholder Equity125.1M128.6M78.5M105.1M56.8M87.2M
Retained Earnings(65.3M)(46.9M)(95.0M)(67.8M)(116.1M)(110.3M)
Cash And Short Term Investments19.8M39.4M7.4M8.3M9.5M13.7M
Other Current Assets783.5K247.7K1.1M947.6K1.1M647.0K
Total Liab182.1M304.0M378.7M368.6M429.2M283.1M
Total Current Assets22.4M40.4M12.5M14.6M22.2M18.0M
Short Long Term Debt Total119.5M276.1M272.6M264.0M303.6M233.4M
Other Current Liab50.8M23.3M275.2M85.8M314.2K298.5K
Property Plant And Equipment Net263.2M367.3M427.3M426.0M449.5M390.7M
Current Deferred Revenue35.1M1.0M2.4M6.2M5.6M8.4M
Net Debt99.6M236.7M265.2M263.1M153.8M210.3M
Accounts Payable26.0M3.7M9.1M9.9M24.3M13.7M
Cash19.8M39.4M7.4M762.9K7.7M10.0M
Non Current Assets Total284.9M392.2M444.7M459.1M463.8M411.1M
Net Receivables1.6M336.8K3.8M5.3M41.6K39.5K
Liabilities And Stockholders Equity307.3M432.6M457.2M473.6M544.7M411.6M
Non Current Liabilities Total102.8M260.2M82.9M88.5M86.6M119.0M
Capital Lease Obligations30.8M89.1M89.8M90.9M92.0M77.5M
Inventory179.6K321.8K250.4K315.6K412.7K298.3K
Net Invested Capital199.3M315.6M78.5M278.2M218.3M211.7M
Net Working Capital(57.0M)(3.4M)(283.3M)(265.4M)(320.4M)(304.4M)
Short Term Debt18.2M16.8M9.0M177.6M204.3M214.5M

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