Bragg Current Ratio from 2010 to 2024

BRAG Stock  USD 3.31  0.07  2.16%   
Bragg Gaming's Current Ratio is decreasing over the last several years with stable swings. Current Ratio is predicted to flatten to 0.99. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.04268664
Current Value
0.99
Quarterly Volatility
1.16748677
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bragg Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bragg Gaming's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.7 M, Interest Expense of 2.3 M or Total Revenue of 98.2 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0 or PTB Ratio of 1.5. Bragg financial statements analysis is a perfect complement when working with Bragg Gaming Valuation or Volatility modules.
  
Check out the analysis of Bragg Gaming Correlation against competitors.

Latest Bragg Gaming's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Bragg Gaming Group over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Bragg Gaming's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bragg Gaming's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.98 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Bragg Current Ratio Regression Statistics

Arithmetic Mean1.48
Geometric Mean1.16
Coefficient Of Variation79.08
Mean Deviation0.80
Median1.16
Standard Deviation1.17
Sample Variance1.36
Range4.7335
R-Value(0.13)
Mean Square Error1.44
R-Squared0.02
Significance0.64
Slope(0.03)
Total Sum of Squares19.08

Bragg Current Ratio History

2024 0.99
2023 1.04
2022 1.22
2021 1.76
2020 1.23
2019 0.4
2018 0.98

About Bragg Gaming Financial Statements

Bragg Gaming stakeholders use historical fundamental indicators, such as Bragg Gaming's Current Ratio, to determine how well the company is positioned to perform in the future. Although Bragg Gaming investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bragg Gaming's assets and liabilities are reflected in the revenues and expenses on Bragg Gaming's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bragg Gaming Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.04  0.99 

Currently Active Assets on Macroaxis

When determining whether Bragg Gaming Group is a strong investment it is important to analyze Bragg Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bragg Gaming's future performance. For an informed investment choice regarding Bragg Stock, refer to the following important reports:
Check out the analysis of Bragg Gaming Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bragg Gaming. If investors know Bragg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bragg Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.095
Earnings Share
(0.23)
Revenue Per Share
4.043
Quarterly Revenue Growth
0.005
Return On Assets
(0.02)
The market value of Bragg Gaming Group is measured differently than its book value, which is the value of Bragg that is recorded on the company's balance sheet. Investors also form their own opinion of Bragg Gaming's value that differs from its market value or its book value, called intrinsic value, which is Bragg Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bragg Gaming's market value can be influenced by many factors that don't directly affect Bragg Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bragg Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bragg Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bragg Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.