BROGF (Brooge Energy) LT-Debt-to-Total-Asset: 0.18 (As of Dec. 2024)


What is Brooge Energy LT-Debt-to-Total-Asset?

Brooge Energy BROGF LT-Debt-to-Total-Asset is 0.18 as of Dec. 2024.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Brooge Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

Brooge Energy's long-term debt to total assets ratio increased from Dec. 2023 (0.17) to Dec. 2024 (0.18). It may suggest that Brooge Energy is progressively becoming more dependent on debt to grow their business.

Brooge Energy  (OTCPK:BROGF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Brooge Energy LT-Debt-to-Total-Asset Related Terms

Brooge Energy LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Brooge Energy's LT-Debt-to-Total-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.

Brooge Energy LT-Debt-to-Total-Asset Chart

Brooge Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.60 0.18 0.18 0.17 0.18

Brooge Energy Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.18 0.17 0.18 0.18

Brooge Energy LT-Debt-to-Total-Asset Calculation

Brooge Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=85.544/485.637
=0.18

Brooge Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=85.544/485.637
=0.18

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.18 mean?
Brooge Energy (BROGF) has a LT-Debt-to-Total-Asset of 0.18 as of Dec. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Brooge Energy and its competitors.
Is Brooge Energy's LT-Debt-to-Total-Asset too high?
Brooge Energy's current LT-Debt-to-Total-Asset is 0.18.
How does Brooge Energy's LT-Debt-to-Total-Asset compare to CWPE and WMB?
Brooge Energy's LT-Debt-to-Total-Asset of 0.18 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Brooge Energy and its competitors. Brooge Energy's current LT-Debt-to-Total-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brooge Energy stock overvalued right now?
Brooge Energy (BROGF) has a current LT-Debt-to-Total-Asset of 0.18. The current LT-Debt-to-Total-Asset is 0.18. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Brooge Energy (BROGF), the current LT-Debt-to-Total-Asset is 0.18 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Brooge Energy Business Description

Industry EnergyOil & Gas
Address c/o Brooge Petroleum and Gas Investment Company FZE, P.O. Box 50170, Fujairah, ARE
Brooge Energy Ltd is an Oil Refinery & Storage Company in the United Arab Emirates. The company generates revenue from its only one reportable segment which is oil storage and related services.