Brooge Net Working Capital vs Net Receivables Analysis

BROGW Stock

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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 Working Capital and its Net Receivables 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 Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

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

The correlation between Brooge Energy's Net Working Capital and Net Receivables is -0.17. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Receivables 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 Working Capital and Net Receivables 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 Working Capital of Brooge Energy Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Working Capital i.e., Brooge Energy's Net Working Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Net Receivables

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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Brooge Net Working Capital vs Net Receivables Analysis

Net Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Working Capital

Net Receivables

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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Additional Tools for Brooge Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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