Brooge Energy Limited
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 comprising of oil storage tanks offering storage, heating, and blending of fuel oil and clean petroleum products, gas oil, kerosene, gasoline, and other grades products. Brooge Energy Limited was former… Read more
Brooge Energy Limited (BROGW) - Net Assets
Latest net assets as of September 2024: $56.77 Million USD
Based on the latest financial reports, Brooge Energy Limited (BROGW) 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 | -55.86% |
| 10-Year Change | N/A |
| Growth Volatility | 50.53 |
Brooge Energy Limited - Net Assets Trend (2017–2024)
This chart illustrates how Brooge Energy Limited'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 Energy Limited (2017–2024)
The table below shows the annual net assets of Brooge Energy Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $56.77 Million | 0.00% |
| 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 | +1737363.05% |
| 2017-12-31 | $-3.51K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brooge Energy Limited'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 11606328500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.80K | 0.02% |
| Other Comprehensive Income | $680.64K | 1.20% |
| Other Components | $172.17 Million | 303.29% |
| Total Equity | $56.77 Million | 100.00% |
Brooge Energy Limited Competitors by Market Cap
The table below lists competitors of Brooge Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perseverance Metals Inc.
V:PMI
|
$5.67K |
|
INTERMIN RES
BE:I6R
|
$5.68K |
|
VSTE3
SA:VSTE3
|
$5.69K |
|
Platinum Asia Investments Ltd
AU:PAI
|
$5.69K |
|
J Smart Co Contractors PLC
LSE:SMJ
|
$5.67K |
|
Philippine Seven Corp
PSE:SEVN
|
$5.66K |
|
Gelesis Holdings Inc.
PINK:GLSHQ
|
$5.66K |
|
NOODLES & CO-A
BE:NO3
|
$5.65K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brooge Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,766,497 to 56,766,497, a change of 0 (0.0%).
- Net loss of 48,328,195 reduced equity.
- Other comprehensive income increased equity by 680,643.
- Other factors increased equity by 47,647,552.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-48.33 Million | -85.14% |
| Other Comprehensive Income | $680.64K | +1.2% |
| Other Changes | $47.65 Million | +83.94% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Brooge Energy Limited'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.69 | $0.00 | x |
| 2019-12-31 | $1.56 | $0.00 | x |
| 2020-12-31 | $1.46 | $0.00 | x |
| 2021-12-31 | $0.89 | $0.00 | x |
| 2022-12-31 | $1.19 | $0.00 | x |
| 2023-12-31 | $0.52 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brooge Energy Limited 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): -85.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.72%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 8.56x
- Recent ROE (-85.14%) is below the historical average (-20.07%), suggesting potential challenges in 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 | -85.14% | -45.72% | 0.22x | 8.56x | $-54.00 Million |
Industry Comparison
This section compares Brooge Energy Limited's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,360,800,632
- Average return on equity (ROE) among peers: 2457.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brooge Energy Limited (BROGW) | $56.77 Million | 0.00% | 7.56x | $5.67K |
| 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 Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| 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 |