Bragg Other Stockholder Equity vs Cash And Short Term Investments Analysis

BRAG Stock  CAD 6.06  0.27  4.27%   
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 Other Stockholder Equity and its Cash And Short Term Investments 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.

Other Stockholder Equity vs Cash And Short Term Investments

Other Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bragg Gaming Group Other Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bragg Gaming's Other Stockholder Equity and Cash And Short Term Investments is 0.82. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Other Stockholder Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Bragg Gaming Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Bragg Gaming's Other Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Bragg Gaming Group balance sheet. This account contains Bragg Gaming investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bragg Gaming Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 28th of January 2025, Enterprise Value Over EBITDA is likely to grow to 9.70, while Tax Provision is likely to drop about 692 K.

Bragg Gaming fundamental ratios Correlations

0.520.950.97-0.49-0.960.710.710.950.750.890.950.97-0.240.760.840.710.990.630.910.40.780.60.730.120.98
0.520.560.53-0.8-0.610.870.870.450.720.420.70.44-0.230.180.15-0.110.430.020.410.010.43-0.050.43-0.240.44
0.950.560.88-0.55-0.920.740.740.870.750.920.950.94-0.250.820.830.730.920.620.850.380.670.660.650.110.9
0.970.530.88-0.47-0.910.70.70.980.760.740.940.96-0.190.590.850.670.950.650.950.180.830.470.750.180.97
-0.49-0.8-0.55-0.470.59-0.95-0.95-0.35-0.72-0.45-0.7-0.370.23-0.34-0.180.02-0.39-0.1-0.27-0.09-0.25-0.17-0.020.34-0.36
-0.96-0.61-0.92-0.910.59-0.77-0.77-0.88-0.79-0.89-0.93-0.890.39-0.75-0.72-0.59-0.94-0.45-0.82-0.45-0.78-0.57-0.65-0.02-0.92
0.710.870.740.7-0.95-0.771.00.590.820.620.880.62-0.260.470.410.180.630.270.540.140.450.280.33-0.190.6
0.710.870.740.7-0.95-0.771.00.590.820.620.880.62-0.260.470.410.180.620.270.530.140.450.280.33-0.190.6
0.950.450.870.98-0.35-0.880.590.590.710.720.890.96-0.180.560.890.750.940.680.980.140.880.460.770.230.96
0.750.720.750.76-0.72-0.790.820.820.710.610.840.7-0.340.480.530.380.690.30.640.130.580.450.45-0.270.67
0.890.420.920.74-0.45-0.890.620.620.720.610.810.83-0.280.950.680.650.890.470.680.720.570.740.58-0.010.84
0.950.70.950.94-0.7-0.930.880.880.890.840.810.92-0.240.660.770.580.910.570.860.230.70.510.650.050.9
0.970.440.940.96-0.37-0.890.620.620.960.70.830.92-0.180.710.930.80.960.730.970.260.740.620.790.250.96
-0.24-0.23-0.25-0.190.230.39-0.26-0.26-0.18-0.34-0.28-0.24-0.18-0.26-0.08-0.07-0.230.44-0.14-0.24-0.18-0.28-0.15-0.1-0.21
0.760.180.820.59-0.34-0.750.470.470.560.480.950.660.71-0.260.630.680.780.460.530.790.370.850.39-0.010.71
0.840.150.830.85-0.18-0.720.410.410.890.530.680.770.93-0.080.630.940.850.840.920.110.640.650.640.380.85
0.71-0.110.730.670.02-0.590.180.180.750.380.650.580.8-0.070.680.940.740.80.770.220.530.750.490.340.72
0.990.430.920.95-0.39-0.940.630.620.940.690.890.910.96-0.230.780.850.740.630.910.450.80.620.750.150.99
0.630.020.620.65-0.1-0.450.270.270.680.30.470.570.730.440.460.840.80.630.72-0.010.430.450.440.260.63
0.910.410.850.95-0.27-0.820.540.530.980.640.680.860.97-0.140.530.920.770.910.720.090.790.480.840.320.94
0.40.010.380.18-0.09-0.450.140.140.140.130.720.230.26-0.240.790.110.220.45-0.010.090.150.570.19-0.210.38
0.780.430.670.83-0.25-0.780.450.450.880.580.570.70.74-0.180.370.640.530.80.430.790.150.190.630.10.84
0.6-0.050.660.47-0.17-0.570.280.280.460.450.740.510.62-0.280.850.650.750.620.450.480.570.190.30.070.55
0.730.430.650.75-0.02-0.650.330.330.770.450.580.650.79-0.150.390.640.490.750.440.840.190.630.30.340.79
0.12-0.240.110.180.34-0.02-0.19-0.190.23-0.27-0.010.050.25-0.1-0.010.380.340.150.260.32-0.210.10.070.340.2
0.980.440.90.97-0.36-0.920.60.60.960.670.840.90.96-0.210.710.850.720.990.630.940.380.840.550.790.2
Click cells to compare fundamentals

Bragg Gaming Account Relationship Matchups

Bragg Gaming fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets72.1M83.4M104.4M103.4M118.9M124.8M
Other Current Liab23.4M13.7M18.8M2.9M3.4M3.5M
Total Current Liabilities30.0M15.3M24.3M27.9M32.1M33.7M
Total Stockholder Equity39.9M66.2M69.5M70.2M80.8M84.8M
Net Debt(25.4M)(15.4M)(3.9M)(5.5M)(5.0M)(4.7M)
Retained Earnings(61.2M)(68.7M)(72.2M)(76.1M)(68.5M)(65.0M)
Cash26.1M16.0M11.3M8.8M10.1M10.6M
Cash And Short Term Investments26.1M16.0M11.3M8.8M10.1M10.6M
Common Stock Shares Outstanding8.6M19.5M21.4M22.6M26.0M27.3M
Liabilities And Stockholders Equity72.1M83.4M104.4M103.4M118.9M124.8M
Other Stockholder Equity39.0M32.2M27.8M23.4M26.9M28.2M
Total Liab32.2M17.2M34.9M33.1M38.1M40.0M
Total Current Assets36.8M27.0M29.7M29.1M33.5M35.1M
Accumulated Other Comprehensive Income(150K)2.5M4.1M2.9M3.4M2.5M
Net Receivables10.4M8.5M16.6M18.6M21.4M22.5M
Accounts Payable6.4M1.5M4.3M7.5M8.6M9.1M
Property Plant And Equipment Net980K831K1.2M3.9M4.5M4.7M
Current Deferred Revenue102K27K746K16.8M19.3M20.3M
Non Current Assets Total35.3M56.4M74.7M74.3M85.4M89.7M
Non Currrent Assets Other87K28K47K348K400.2K420.2K
Other Assets1.2M2.6M3.8M7.4M8.5M8.9M
Non Current Liabilities Total2.2M1.9M10.5M5.2M6.0M4.6M
Other Current Assets263K20K128K372K427.8K449.2K
Short Long Term Debt Total726K600K7.4M3.3M3.8M4.0M
Short Term Debt133K149K403K709K638.1K670.0K
Intangible Assets14.3M30.8M41.7M38.1M43.9M46.0M
Common Stock62.3M100.3M109.9M120.0M138.0M144.9M
Net Tangible Assets(26.7M)8.1M14.4M3.5M4.0M4.2M
Long Term Debt Total674K593K451K7.0M8.0M8.4M
Capital Surpluse11.1M14.3M18.4M20.7M23.9M13.2M
Property Plant Equipment1.0M980K831K1.2M1.4M1.5M
Net Invested Capital39.9M66.2M76.3M70.2M80.8M49.2M
Cash And Equivalents682K26.1M16.0M11.3M13.0M11.3M
Net Working Capital6.8M11.6M5.4M1.2M1.4M2.7M
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 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.