Bragg Book Value Per Share vs Price To Sales Ratio Analysis

BRAG Stock

CAD 4.60 0.10 2.22%

Bragg Gaming financial indicator trend analysis is way more than just evaluating Bragg Gaming Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bragg Gaming Group is a good investment. Please check the relationship between Bragg Gaming Book Value Per Share and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bragg Gaming Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bragg Gaming Group Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Bragg Gaming's Book Value Per Share and Price To Sales Ratio is -0.74. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Bragg Gaming Group, assuming nothing else is changed. The correlation between historical values of Bragg Gaming's Book Value Per Share and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Bragg Gaming Group are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Book Value Per Share i.e., Bragg Gaming's Book Value Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Bragg Gaming Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bragg Gaming sales, a figure that is much harder to manipulate than other Bragg Gaming Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Bragg Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bragg Gaming Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bragg Gaming Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Bragg Gaming's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value Over EBITDA is likely to grow to 8.43, while Tax Provision is likely to drop about 692 K.

Bragg Gaming fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Short Term Investments	Accounts Payable	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Non Current Liabilities Total	Inventory	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Intangible Assets
Total Assets		0.61	0.93	0.96	-0.56	-0.98	0.72	0.72	0.93	0.64	0.87	0.94	0.96	-0.25	0.72	0.8	0.6	0.99	0.5	0.88	0.44	0.75	0.5	0.69	0.04	0.98
Other Current Liab	0.61		0.64	0.62	-0.8	-0.63	0.89	0.89	0.55	0.78	0.47	0.79	0.54	-0.23	0.21	0.21	-0.12	0.51	0.04	0.46	0.01	0.46	-0.04	0.47	-0.23	0.52
Total Current Liabilities	0.93	0.64		0.84	-0.62	-0.94	0.75	0.75	0.83	0.64	0.91	0.93	0.93	-0.26	0.78	0.79	0.64	0.9	0.49	0.8	0.42	0.62	0.57	0.59	0.03	0.87
Total Stockholder Equity	0.96	0.62	0.84		-0.54	-0.93	0.71	0.71	0.97	0.64	0.7	0.93	0.94	-0.2	0.5	0.8	0.54	0.94	0.52	0.93	0.2	0.81	0.33	0.71	0.11	0.96
Net Debt	-0.56	-0.8	-0.62	-0.54		0.61	-0.96	-0.96	-0.41	-0.75	-0.48	-0.77	-0.44	0.23	-0.37	-0.23	0.02	-0.45	-0.12	-0.29	-0.09	-0.27	-0.18	-0.03	0.34	-0.4
Retained Earnings	-0.98	-0.63	-0.94	-0.93	0.61		-0.75	-0.75	-0.9	-0.7	-0.88	-0.94	-0.93	0.38	-0.73	-0.75	-0.58	-0.96	-0.39	-0.83	-0.45	-0.76	-0.53	-0.62	0.0	-0.94
Cash	0.72	0.89	0.75	0.71	-0.96	-0.75		1.0	0.59	0.8	0.6	0.9	0.63	-0.26	0.44	0.39	0.09	0.62	0.21	0.5	0.14	0.42	0.23	0.29	-0.23	0.6
Cash And Short Term Investments	0.72	0.89	0.75	0.71	-0.96	-0.75	1.0		0.59	0.8	0.6	0.9	0.63	-0.26	0.44	0.39	0.09	0.62	0.21	0.5	0.14	0.41	0.23	0.29	-0.23	0.59
Common Stock Shares Outstanding	0.93	0.55	0.83	0.97	-0.41	-0.9	0.59	0.59		0.58	0.67	0.87	0.95	-0.19	0.47	0.85	0.64	0.92	0.55	0.96	0.15	0.88	0.31	0.74	0.16	0.95
Other Stockholder Equity	0.64	0.78	0.64	0.64	-0.75	-0.7	0.8	0.8	0.58		0.51	0.75	0.56	-0.38	0.35	0.31	0.12	0.57	0.05	0.46	0.13	0.48	0.3	0.33	-0.43	0.54
Total Liab	0.87	0.47	0.91	0.7	-0.48	-0.88	0.6	0.6	0.67	0.51		0.78	0.8	-0.29	0.94	0.62	0.58	0.88	0.35	0.61	0.76	0.51	0.69	0.51	-0.08	0.82
Total Current Assets	0.94	0.79	0.93	0.93	-0.77	-0.94	0.9	0.9	0.87	0.75	0.78		0.91	-0.25	0.6	0.72	0.45	0.88	0.45	0.81	0.25	0.65	0.4	0.59	-0.03	0.87
Net Receivables	0.96	0.54	0.93	0.94	-0.44	-0.93	0.63	0.63	0.95	0.56	0.8	0.91		-0.19	0.65	0.9	0.71	0.95	0.61	0.96	0.3	0.71	0.5	0.76	0.18	0.95
Short Term Investments	-0.25	-0.23	-0.26	-0.2	0.23	0.38	-0.26	-0.26	-0.19	-0.38	-0.29	-0.25	-0.19		-0.27	-0.07	-0.06	-0.24	0.55	-0.13	-0.24	-0.18	-0.29	-0.14	-0.08	-0.22
Accounts Payable	0.72	0.21	0.78	0.5	-0.37	-0.73	0.44	0.44	0.47	0.35	0.94	0.6	0.65	-0.27		0.56	0.62	0.74	0.33	0.44	0.84	0.29	0.83	0.3	-0.08	0.65
Property Plant And Equipment Net	0.8	0.21	0.79	0.8	-0.23	-0.75	0.39	0.39	0.85	0.31	0.62	0.72	0.9	-0.07	0.56		0.91	0.8	0.76	0.91	0.12	0.59	0.53	0.57	0.35	0.8
Current Deferred Revenue	0.6	-0.12	0.64	0.54	0.02	-0.58	0.09	0.09	0.64	0.12	0.58	0.45	0.71	-0.06	0.62	0.91		0.64	0.7	0.7	0.25	0.43	0.67	0.37	0.3	0.62
Non Current Assets Total	0.99	0.51	0.9	0.94	-0.45	-0.96	0.62	0.62	0.92	0.57	0.88	0.88	0.95	-0.24	0.74	0.8	0.64		0.5	0.87	0.5	0.77	0.53	0.7	0.07	0.99
Non Currrent Assets Other	0.5	0.04	0.49	0.52	-0.12	-0.39	0.21	0.21	0.55	0.05	0.35	0.45	0.61	0.55	0.33	0.76	0.7	0.5		0.64	-0.03	0.31	0.28	0.32	0.2	0.5
Other Assets	0.88	0.46	0.8	0.93	-0.29	-0.83	0.5	0.5	0.96	0.46	0.61	0.81	0.96	-0.13	0.44	0.91	0.7	0.87	0.64		0.08	0.74	0.35	0.8	0.3	0.91
Non Current Liabilities Total	0.44	0.01	0.42	0.2	-0.09	-0.45	0.14	0.14	0.15	0.13	0.76	0.25	0.3	-0.24	0.84	0.12	0.25	0.5	-0.03	0.08		0.15	0.62	0.2	-0.22	0.42
Inventory	0.75	0.46	0.62	0.81	-0.27	-0.76	0.42	0.41	0.88	0.48	0.51	0.65	0.71	-0.18	0.29	0.59	0.43	0.77	0.31	0.74	0.15		0.06	0.58	0.04	0.82
Other Current Assets	0.5	-0.04	0.57	0.33	-0.18	-0.53	0.23	0.23	0.31	0.3	0.69	0.4	0.5	-0.29	0.83	0.53	0.67	0.53	0.28	0.35	0.62	0.06		0.18	-0.01	0.43
Short Long Term Debt Total	0.69	0.47	0.59	0.71	-0.03	-0.62	0.29	0.29	0.74	0.33	0.51	0.59	0.76	-0.14	0.3	0.57	0.37	0.7	0.32	0.8	0.2	0.58	0.18		0.3	0.76
Short Term Debt	0.04	-0.23	0.03	0.11	0.34	0.0	-0.23	-0.23	0.16	-0.43	-0.08	-0.03	0.18	-0.08	-0.08	0.35	0.3	0.07	0.2	0.3	-0.22	0.04	-0.01	0.3		0.13
Intangible Assets	0.98	0.52	0.87	0.96	-0.4	-0.94	0.6	0.59	0.95	0.54	0.82	0.87	0.95	-0.22	0.65	0.8	0.62	0.99	0.5	0.91	0.42	0.82	0.43	0.76	0.13

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Bragg Gaming Account Relationship Matchups

Bragg Gaming fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.9M	72.1M	83.4M	104.4M	103.4M	108.5M
Other Current Liab	1.5M	23.4M	13.7M	18.8M	2.9M	3.5M
Total Current Liabilities	20.8M	30.0M	15.3M	24.3M	27.9M	29.3M
Total Stockholder Equity	6.6M	39.9M	66.2M	69.5M	70.2M	73.8M
Net Debt	177K	(25.4M)	(15.4M)	(3.9M)	(5.5M)	(5.2M)
Retained Earnings	(46.7M)	(61.2M)	(68.7M)	(72.2M)	(76.1M)	(72.3M)
Cash	682K	26.1M	16.0M	11.3M	8.8M	9.2M
Cash And Short Term Investments	682K	26.1M	16.0M	11.3M	8.8M	9.2M
Common Stock Shares Outstanding	7.3M	8.6M	19.5M	21.4M	22.6M	23.7M
Liabilities And Stockholders Equity	43.9M	72.1M	83.4M	104.4M	103.4M	108.5M
Other Stockholder Equity	13.3M	39.0M	32.2M	27.8M	23.4M	12.1M
Total Liab	37.3M	32.2M	17.2M	34.9M	33.1M	34.8M
Total Current Assets	8.3M	36.8M	27.0M	29.7M	29.1M	30.5M
Accumulated Other Comprehensive Income	(212K)	(150K)	2.5M	4.1M	2.9M	2.5M
Net Receivables	6.2M	10.4M	8.5M	16.6M	18.6M	19.6M
Accounts Payable	8.9M	6.4M	1.5M	4.3M	7.5M	7.9M
Property Plant And Equipment Net	1.0M	980K	831K	1.2M	3.9M	4.1M
Current Deferred Revenue	10.3M	102K	27K	746K	16.8M	17.6M
Non Current Assets Total	35.5M	35.3M	56.4M	74.7M	74.3M	78.0M
Non Currrent Assets Other	38K	87K	28K	47K	348K	365.4K
Other Assets	1.2M	2.6M	3.8M	7.4M	8.5M	8.9M
Non Current Liabilities Total	16.5M	2.2M	1.9M	10.5M	5.2M	4.6M
Other Current Assets	333K	263K	20K	128K	372K	390.6K
Short Long Term Debt Total	859K	726K	600K	7.4M	3.3M	3.4M
Short Term Debt	185K	133K	149K	403K	709K	744.5K
Intangible Assets	14.6M	14.3M	30.8M	41.7M	38.1M	40.0M
Common Stock	40.2M	62.3M	100.3M	109.9M	120.0M	62.2M
Net Tangible Assets	(26.7M)	8.1M	14.4M	3.5M	4.0M	4.2M
Long Term Debt Total	674K	593K	451K	7.0M	8.0M	8.4M
Capital Surpluse	11.1M	14.3M	18.4M	20.7M	23.9M	13.2M
Property Plant Equipment	1.0M	980K	831K	1.2M	1.4M	1.5M
Cash And Equivalents	682K	26.1M	16.0M	11.3M	13.0M	11.3M

Pair Trading with Bragg Gaming

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bragg Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bragg Gaming will appreciate offsetting losses from the drop in the long position's value.

Moving against Bragg Stock

0.75	TD-PFI	Toronto Dominion Bank	Pair Corr
0.53	NVDA	NVIDIA CDR	Pair Corr

The ability to find closely correlated positions to Bragg Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bragg Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bragg Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bragg Gaming Group to buy it.

The correlation of Bragg Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bragg Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bragg Gaming Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Bragg Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Bragg

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Is Bragg Stock a good investment?

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What is Bragg Gaming's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bragg Gaming Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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.

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Bragg Book Value Per Share vs Price To Sales Ratio Analysis

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Book Value Per Share

Price To Sales Ratio

Bragg Gaming fundamental ratios Correlations

Bragg Gaming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bragg Gaming fundamental ratios Accounts

Pair Trading with Bragg Gaming

Moving against Bragg Stock

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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Non Current Assets Total
Intangible Assets	+ 0.98	Total Assets
Common Stock Shares Outstanding	+ 0.97	Total Stockholder Equity
Total Stockholder Equity	+ 0.96	Total Assets

Retained Earnings	- 0.98	Total Assets
Non Current Assets Total	- 0.96	Retained Earnings
Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Intangible Assets	- 0.94	Retained Earnings
Total Current Assets	- 0.94	Retained Earnings