Brooge Energy Balance Sheet Health
Financial Health criteria checks 0/6
Brooge Energy has a total shareholder equity of $56.8M and total debt of $161.9M, which brings its debt-to-equity ratio to 285.2%. Its total assets and total liabilities are $486.0M and $429.2M respectively. Brooge Energy's EBIT is $47.8M making its interest coverage ratio 2.3. It has cash and short-term investments of $7.7M.
Key information
285.2%
Debt to equity ratio
US$161.88m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$7.72m |
| Equity | US$56.77m |
| Total liabilities | US$429.22m |
| Total assets | US$485.98m |
Recent financial health updates
Recent updates
Returns On Capital At Brooge Energy (NASDAQ:BROG) Paint A Concerning Picture
Aug 19
Here's What's Concerning About Brooge Energy's (NASDAQ:BROG) Returns On Capital
Mar 04Brooge Energy, A Tollbooth At The Hormuz Chokepoint: A Midstream Stock You Do Not Want To Miss
Nov 03Be Wary Of Brooge Energy (NASDAQ:BROG) And Its Returns On Capital
Oct 21Is Brooge Energy (NASDAQ:BROG) Using Too Much Debt?
Sep 16Brooge Energy (NASDAQ:BROG) Seems To Be Using A Lot Of Debt
Jun 09Brooge Energy's (NASDAQ:BROG) Solid Earnings May Rest On Weak Foundations
Apr 14The Trends At Brooge Energy (NASDAQ:BROG) That You Should Know About
Mar 14Brooge Energy (NASDAQ:BROG) Shareholders Have Enjoyed A 22% Share Price Gain
Jan 20Brooge Energy’s subsidiary signs two new oil storage contracts
Dec 16Brooge Energy reports 1H results
Nov 30Here's Why Brooge Energy (NASDAQ:BROG) Has A Meaningful Debt Burden
Nov 29
Financial Position Analysis
Short Term Liabilities: BROG's short term assets ($22.2M) do not cover its short term liabilities ($342.6M).
Long Term Liabilities: BROG's short term assets ($22.2M) do not cover its long term liabilities ($86.6M).
Debt to Equity History and Analysis
Debt Level: BROG's net debt to equity ratio (271.6%) is considered high.
Reducing Debt: BROG's debt to equity ratio has increased from 163.5% to 285.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if BROG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BROG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.