Brooge Other Current Assets vs Common Stock Shares Outstanding 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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brooge Energy Limited Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brooge Energy's Other Current Assets and Common Stock Shares Outstanding is 0.4. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Brooge Energy Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Brooge Energy's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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