Brooge Energy (Brooge Energy) Equity-to-Asset : 0.28 (As of Jun. 2023)

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What is Brooge Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Brooge Energy's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $142.5 Mil. Brooge Energy's Total Assets for the quarter that ended in Jun. 2023 was $506.7 Mil. Therefore, Brooge Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.28.

The historical rank and industry rank for Brooge Energy's Equity-to-Asset or its related term are showing as below:

BROG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.3 Max: 0.39
Current: 0.28

During the past 6 years, the highest Equity to Asset Ratio of Brooge Energy was 0.39. The lowest was 0.17. And the median was 0.30.

BROG's Equity-to-Asset is ranked worse than
75.64% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs BROG: 0.28

Brooge Energy Equity-to-Asset Historical Data

The historical data trend for Brooge Energy's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brooge Energy Equity-to-Asset Chart

Brooge Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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0.31

0.36

0.30

0.17

0.22

Brooge Energy Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial						0.31	0.17	-	0.22	0.28

Competitive Comparison of Brooge Energy's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Brooge Energy's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brooge Energy's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Brooge Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Brooge Energy's Equity-to-Asset falls into.

Brooge Energy Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Brooge Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	105.095	/	473.645
	=	0.22

Brooge Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	142.462	/	506.686
	=	0.28

Brooge Energy (NAS:BROG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Brooge Energy Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Brooge Energy's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Brooge Energy (Brooge Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Brooge Energy Ltd (NAS:BROG) » Definitions » Equity-to-Asset

Comparable Companies

NGL TK TNP EE OSG GPP SMLP PBT BPT MMLP TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

3SF:Germany

Address

c/o Brooge Petroleum and Gas Investment Company FZE, P.O. Box 50170, Fujairah, ARE

Website

https://www.broogeenergy.com

Brooge Energy Ltd is an Oil Refinery & Storage Company in the United Arab Emirates. The company generates revenue from the leasing of storage capacity of tanks and other ancillary services.