Brooge Energy (Brooge Energy) Total Assets : $506.7 Mil (As of Jun. 2023)

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What is Brooge Energy Total Assets?

Brooge Energy's Total Assets for the quarter that ended in Jun. 2023 was $506.7 Mil.

During the past 3 years, the average Total Assets Growth Rate was 18.00% per year.

During the past 6 years, Brooge Energy's highest 3-Year average Total Assets Growth Rate was 31.00%. The lowest was 18.00%. And the median was 24.50%.

Total Assets is connected with ROA %. Brooge Energy's annualized ROA % for the quarter that ended in Jun. 2023 was 15.25%. Total Assets is also linked to Revenue through Asset Turnover. Brooge Energy's Asset Turnover for the quarter that ended in Jun. 2023 was 0.13.

Brooge Energy Total Assets Historical Data

The historical data trend for Brooge Energy's Total Assets 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.

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Brooge Energy Total Assets Chart

Brooge Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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199.94

307.25

432.62

457.23

473.65

Brooge Energy Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial						455.22	457.23	-	473.65	506.69

Brooge Energy Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Brooge Energy's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	105.095	+	368.551
	=	473.6

Brooge Energy's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	142.462	+	364.224
	=	506.7

Brooge Energy (NAS:BROG) Total Assets Explanation

Total Assets is connected with ROA %.

Brooge Energy's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	74.736	/	( (473.645	+	506.686)	/ 2 )
	=	74.736	/	490.1655
	=	15.25 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Brooge Energy's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	62.912	/	( (473.645	+	506.686)	/ 2 )
=	62.912	/	490.1655
=	0.13

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Brooge Energy Total Assets Related Terms

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Brooge Energy (Brooge Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Brooge Energy Ltd (NAS:BROG) » Definitions » Total Assets

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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.