Brooge Net Debt vs Retained Earnings 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 Net Debt and its Retained Earnings 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.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brooge Energy Limited Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Brooge Energy's Net Debt and Retained Earnings is -0.62. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings 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 Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Brooge Energy Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Brooge Energy's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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 Expense	6.7M	25.3M	20.7M	11.6M
Depreciation And Amortization	8.0M	13.6M	15.6M	16.4M

Interest Expense Depreciation And Amortization

Brooge Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash And Short Term Investments	Common Stock Shares Outstanding	Capital Surpluse	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Net Receivables	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Stockholder Equity	Net Invested Capital
Total Assets		0.87	0.89	-0.89	0.68	0.39	0.95	0.86	0.99	0.83	0.96	0.89	0.52	0.95	-0.01	0.75	0.69	0.58	0.95	-0.41	0.05	0.72	0.91	0.89	0.93	0.81
Total Current Liabilities	0.87		0.6	-0.86	0.25	0.57	0.81	0.94	0.92	0.49	0.82	0.83	0.56	0.9	-0.12	0.66	0.66	0.13	0.89	-0.45	0.21	0.32	0.84	0.82	0.77	0.52
Total Stockholder Equity	0.89	0.6		-0.71	0.83	0.03	0.91	0.65	0.82	0.88	0.92	0.64	0.41	0.73	0.27	0.61	0.64	0.75	0.76	-0.26	0.01	0.81	0.69	0.67	0.88	0.85
Retained Earnings	-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	-0.93	0.66	0.11	-0.57	-0.85	-0.87	-0.93	-0.69
Cash And Short Term Investments	0.68	0.25	0.83	-0.53		0.04	0.64	0.32	0.6	0.96	0.66	0.58	0.16	0.57	0.13	0.49	0.44	0.98	0.59	-0.2	-0.32	0.98	0.6	0.61	0.73	0.85
Common Stock Shares Outstanding	0.39	0.57	0.03	-0.57	0.04		0.36	0.4	0.49	0.25	0.33	0.59	-0.17	0.54	-0.38	0.18	0.4	-0.02	0.51	-0.75	-0.47	0.13	0.53	0.69	0.35	0.29
Capital Surpluse	0.95	0.81	0.91	-0.82	0.64	0.36		0.77	0.92	0.78	0.99	0.75	0.39	0.83	0.12	0.6	0.7	0.56	0.84	-0.49	-0.08	0.66	0.77	0.78	0.87	0.74
Other Current Assets	0.86	0.94	0.65	-0.9	0.32	0.4	0.77		0.88	0.53	0.8	0.75	0.66	0.87	0.14	0.58	0.8	0.22	0.87	-0.37	0.24	0.33	0.76	0.74	0.86	0.53
Total Liab	0.99	0.92	0.82	-0.9	0.6	0.49	0.92	0.88		0.78	0.94	0.93	0.53	0.97	-0.1	0.76	0.68	0.5	0.97	-0.44	0.05	0.66	0.94	0.92	0.91	0.77
Total Current Assets	0.83	0.49	0.88	-0.71	0.96	0.25	0.78	0.53	0.78		0.8	0.74	0.23	0.75	0.1	0.56	0.61	0.92	0.77	-0.32	-0.3	0.96	0.75	0.79	0.87	0.91
Common Stock	0.96	0.82	0.92	-0.81	0.66	0.33	0.99	0.8	0.94	0.8		0.76	0.44	0.84	0.13	0.6	0.72	0.58	0.85	-0.39	-0.03	0.67	0.78	0.79	0.89	0.76
Short Long Term Debt Total	0.89	0.83	0.64	-0.84	0.58	0.59	0.75	0.75	0.93	0.74	0.76		0.47	0.97	-0.39	0.84	0.47	0.48	0.96	-0.44	0.0	0.68	0.99	0.95	0.79	0.74
Other Current Liab	0.52	0.56	0.41	-0.47	0.16	-0.17	0.39	0.66	0.53	0.23	0.44	0.47		0.53	-0.08	0.66	0.21	0.13	0.53	0.16	0.58	0.2	0.51	0.25	0.44	0.08
Property Plant And Equipment Net	0.95	0.9	0.73	-0.93	0.57	0.54	0.83	0.87	0.97	0.75	0.84	0.97	0.53		-0.18	0.82	0.63	0.45	1.0	-0.5	0.07	0.64	0.98	0.94	0.89	0.76
Current Deferred Revenue	-0.01	-0.12	0.27	-0.08	0.13	-0.38	0.12	0.14	-0.1	0.1	0.13	-0.39	-0.08	-0.18		-0.46	0.57	0.15	-0.15	0.05	-0.07	-0.05	-0.35	-0.22	0.26	0.08
Net Debt	0.75	0.66	0.61	-0.62	0.49	0.18	0.6	0.58	0.76	0.56	0.6	0.84	0.66	0.82	-0.46		0.13	0.38	0.82	-0.22	0.36	0.61	0.88	0.68	0.59	0.59
Accounts Payable	0.69	0.66	0.64	-0.81	0.44	0.4	0.7	0.8	0.68	0.61	0.72	0.47	0.21	0.63	0.57	0.13		0.38	0.64	-0.48	-0.2	0.37	0.47	0.63	0.86	0.58
Cash	0.58	0.13	0.75	-0.44	0.98	-0.02	0.56	0.22	0.5	0.92	0.58	0.48	0.13	0.45	0.15	0.38	0.38		0.48	-0.12	-0.4	0.95	0.49	0.51	0.64	0.74
Non Current Assets Total	0.95	0.89	0.76	-0.93	0.59	0.51	0.84	0.87	0.97	0.77	0.85	0.96	0.53	1.0	-0.15	0.82	0.64	0.48		-0.49	0.08	0.67	0.97	0.94	0.9	0.78
Other Assets	-0.41	-0.45	-0.26	0.66	-0.2	-0.75	-0.49	-0.37	-0.44	-0.32	-0.39	-0.44	0.16	-0.5	0.05	-0.22	-0.48	-0.12	-0.49		0.53	-0.25	-0.44	-0.56	-0.46	-0.37
Net Receivables	0.05	0.21	0.01	0.11	-0.32	-0.47	-0.08	0.24	0.05	-0.3	-0.03	0.0	0.58	0.07	-0.07	0.36	-0.2	-0.4	0.08	0.53		-0.29	0.06	-0.16	-0.08	-0.13
Non Current Liabilities Total	0.72	0.32	0.81	-0.57	0.98	0.13	0.66	0.33	0.66	0.96	0.67	0.68	0.2	0.64	-0.05	0.61	0.37	0.95	0.67	-0.25	-0.29		0.7	0.69	0.72	0.86
Capital Lease Obligations	0.91	0.84	0.69	-0.85	0.6	0.53	0.77	0.76	0.94	0.75	0.78	0.99	0.51	0.98	-0.35	0.88	0.47	0.49	0.97	-0.44	0.06	0.7		0.94	0.81	0.76
Inventory	0.89	0.82	0.67	-0.87	0.61	0.69	0.78	0.74	0.92	0.79	0.79	0.95	0.25	0.94	-0.22	0.68	0.63	0.51	0.94	-0.56	-0.16	0.69	0.94		0.84	0.83
Other Stockholder Equity	0.93	0.77	0.88	-0.93	0.73	0.35	0.87	0.86	0.91	0.87	0.89	0.79	0.44	0.89	0.26	0.59	0.86	0.64	0.9	-0.46	-0.08	0.72	0.81	0.84		0.83
Net Invested Capital	0.81	0.52	0.85	-0.69	0.85	0.29	0.74	0.53	0.77	0.91	0.76	0.74	0.08	0.76	0.08	0.59	0.58	0.74	0.78	-0.37	-0.13	0.86	0.76	0.83	0.83

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Brooge Energy Account Relationship Matchups

Brooge Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	307.3M	432.6M	457.2M	473.6M	486.0M	370.4M
Total Current Liabilities	79.3M	43.8M	295.9M	280.0M	342.6M	181.1M
Total Stockholder Equity	125.1M	128.6M	78.5M	105.1M	56.8M	87.2M
Retained Earnings	(65.3M)	(46.9M)	(95.0M)	(67.8M)	(116.1M)	(110.3M)
Cash And Short Term Investments	19.8M	39.4M	7.4M	8.3M	9.5M	13.7M
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	283.1M
Total Current Assets	22.4M	40.4M	12.5M	14.6M	22.2M	18.0M
Short Long Term Debt Total	119.5M	276.1M	272.6M	264.0M	303.6M	233.4M
Other Current Liab	50.8M	23.3M	275.2M	85.8M	314.2K	298.5K
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
Accounts Payable	26.0M	3.7M	9.1M	9.9M	24.3M	13.7M
Cash	19.8M	39.4M	7.4M	762.9K	7.7M	10.0M
Non Current Assets Total	284.9M	392.2M	444.7M	459.1M	463.8M	411.1M
Net Receivables	1.6M	336.8K	3.8M	5.3M	41.6K	39.5K
Liabilities And Stockholders Equity	307.3M	432.6M	457.2M	473.6M	544.7M	411.6M
Non Current Liabilities Total	102.8M	260.2M	82.9M	88.5M	86.6M	119.0M
Capital Lease Obligations	30.8M	89.1M	89.8M	90.9M	92.0M	77.5M
Inventory	179.6K	321.8K	250.4K	315.6K	412.7K	298.3K
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)
Short Term Debt	18.2M	16.8M	9.0M	177.6M	204.3M	214.5M

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When running Brooge Energy's price analysis, check to measure Brooge Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brooge Energy is operating at the current time. Most of Brooge Energy's value examination focuses on studying past and present price action to predict the probability of Brooge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brooge Energy's price. Additionally, you may evaluate how the addition of Brooge Energy to your portfolios can decrease your overall portfolio volatility.

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Brooge Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

Brooge Energy fundamental ratios Correlations

Brooge Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Brooge Energy fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Assets
Common Stock	+ 0.99	Capital Surpluse
Capital Lease Obligations	+ 0.99	Short Long Term Debt Total
Cash	+ 0.98	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.98	Cash And Short Term Investments

Other Stockholder Equity	- 0.93	Retained Earnings
Non Current Assets Total	- 0.93	Retained Earnings
Property Plant And Equipment Net	- 0.93	Retained Earnings
Total Liab	- 0.9	Retained Earnings
Other Current Assets	- 0.9	Retained Earnings
Retained Earnings	- 0.89	Total Assets