Brooge Holdings Ltd
Brooge Energy Limited, through its subsidiaries, provides oil storage and related services at the Port of Fujairah in the United Arab Emirates. The company operates phase I and phase II facilities which comprises oil storage tanks offering storage, heating, and blending of fuel oil and clean petroleum products. The company was formerly known as Brooge Holdings Limited and changed its name to Broo… Read more
Brooge Holdings Ltd (BROG) - Net Assets
Latest net assets as of September 2024: $56.77 Million USD
Based on the latest financial reports, Brooge Holdings Ltd (BROG) has net assets worth $56.77 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($485.98 Million) and total liabilities ($429.22 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $56.77 Million |
| % of Total Assets | 11.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | -52.41% |
| 10-Year Change | N/A |
| Growth Volatility | 50.36 |
Brooge Holdings Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Brooge Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brooge Holdings Ltd (2017–2024)
The table below shows the annual net assets of Brooge Holdings Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $61.21 Million | +7.82% |
| 2023-12-31 | $56.77 Million | -45.99% |
| 2022-12-31 | $105.09 Million | +33.89% |
| 2021-12-31 | $78.49 Million | -38.97% |
| 2020-12-31 | $128.62 Million | +2.79% |
| 2019-12-31 | $125.13 Million | +105.20% |
| 2018-12-31 | $60.98 Million | +1735879.48% |
| 2017-12-31 | $-3.51K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brooge Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 11162437200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.96K | 0.01% |
| Other Comprehensive Income | $680.64K | 1.11% |
| Other Components | $172.17 Million | 281.30% |
| Total Equity | $61.21 Million | 100.00% |
Brooge Holdings Ltd Competitors by Market Cap
The table below lists competitors of Brooge Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yonyu Plastics Co Ltd
TW:1323
|
$32.40 Million |
|
Hindustan Motors Limited
NSE:HINDMOTORS
|
$32.40 Million |
|
Gaumont SA
PA:GAM
|
$32.41 Million |
|
Eco (Atlantic) Oil & Gas Ltd
PINK:ECAOF
|
$32.41 Million |
|
KLX Energy Services Holdings Inc
NASDAQ:KLXE
|
$32.39 Million |
|
Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS
IS:KIMMR
|
$32.37 Million |
|
Tarkett SA
PA:TKTT
|
$32.36 Million |
|
Tarkett S.A.
LSE:0QSA
|
$32.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brooge Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,766,497 to 61,205,407, a change of 4,438,910 (7.8%).
- Net income of 4,438,910 contributed positively to equity growth.
- Other comprehensive income increased equity by 680,643.
- Other factors decreased equity by 680,643.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.44 Million | +7.25% |
| Other Comprehensive Income | $680.64K | +1.11% |
| Other Changes | $-680.64K | -1.11% |
| Total Change | $- | 7.82% |
Book Value vs Market Value Analysis
This analysis compares Brooge Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $3.20 | x |
| 2018-12-31 | $0.69 | $3.20 | x |
| 2019-12-31 | $1.56 | $3.20 | x |
| 2020-12-31 | $1.46 | $3.20 | x |
| 2021-12-31 | $0.89 | $3.20 | x |
| 2022-12-31 | $1.19 | $3.20 | x |
| 2023-12-31 | $0.52 | $3.20 | x |
| 2024-12-31 | $0.70 | $3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brooge Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.80%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 7.93x
- Recent ROE (7.25%) is above the historical average (-8.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -4182.70% | 0.51x | 0.00x | $-3.75 Million |
| 2018 | 25.78% | 43.86% | 0.18x | 3.28x | $9.62 Million |
| 2019 | -65.77% | -186.66% | 0.14x | 2.46x | $-94.80 Million |
| 2020 | 7.50% | 23.07% | 0.10x | 3.36x | $-3.21 Million |
| 2021 | 16.31% | 30.65% | 0.09x | 5.83x | $4.95 Million |
| 2022 | 25.91% | 33.39% | 0.17x | 4.51x | $16.72 Million |
| 2023 | -85.14% | -45.72% | 0.22x | 8.56x | $-54.00 Million |
| 2024 | 7.25% | 5.80% | 0.16x | 7.93x | $-1.68 Million |
Industry Comparison
This section compares Brooge Holdings Ltd's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,358,386,750
- Average return on equity (ROE) among peers: 2445.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brooge Holdings Ltd (BROG) | $56.77 Million | 0.00% | 7.56x | $32.39 Million |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |