Brooge Holdings Ltd (BROG) - Net Assets
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. Also explore total assets of Brooge Holdings Ltd for the complete picture of this company's asset base.
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. Check BROG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see Brooge Holdings Ltd market cap and net worth.
| 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 |
|---|---|
|
Austindo Nusantara Jaya Tbk
JK:ANJT
|
$284.98 Million |
|
Addcn Technology Co Ltd
TWO:5287
|
$285.02 Million |
|
Guangzheng Group Co Ltd
SHE:002524
|
$285.05 Million |
|
First Western Financial Inc
NASDAQ:MYFW
|
$285.06 Million |
|
Imagicaaworld Entertainment Limited
NSE:IMAGICAA
|
$284.93 Million |
|
Shanghai Kaichuang Marine International Co Ltd
SHG:600097
|
$284.87 Million |
|
Bohai Water Industry Co Ltd
SHE:000605
|
$284.86 Million |
|
Global Standard Technology Limited
KQ:083450
|
$284.85 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: $1,055,676,354
- Average return on equity (ROE) among peers: 16.85%
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 | $284.93 Million |
| Antero Midstream Partners LP (AM) | $1.34 Billion | 1.25% | 0.04x | $10.12 Billion |
| CBL International Limited Ordinary Shares (BANL) | $8.43 Million | 42.35% | 2.20x | $11.39 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $304.54 Million | 11.23% | 0.00x | $2.99 Million |
| BW LPG Limited (BWLP) | $1.12 Billion | 2.12% | 1.32x | $2.99 Billion |
| Cheniere Energy Partners LP (CQP) | $1.88 Billion | -7.98% | 1.27x | $29.93 Billion |
| Cheniere Energy Partners LP (CQP) | $-253.34 Million | 0.00% | 0.00x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $37.60 Million | 78.27% | 9.00x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $297.70 Million | 16.98% | 1.96x | $133.89 Million |
| DT Midstream Inc (DTM) | $4.77 Billion | 7.43% | 1.08x | $12.24 Billion |
About 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