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 Direction | Positive |
Relationship Strength | Strong |
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
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Bragg Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bragg Gaming fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 72.1M | 83.4M | 104.4M | 103.4M | 118.9M | 124.8M | |
Other Current Liab | 23.4M | 13.7M | 18.8M | 2.9M | 3.4M | 3.5M | |
Total Current Liabilities | 30.0M | 15.3M | 24.3M | 27.9M | 32.1M | 33.7M | |
Total Stockholder Equity | 39.9M | 66.2M | 69.5M | 70.2M | 80.8M | 84.8M | |
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) | |
Cash | 26.1M | 16.0M | 11.3M | 8.8M | 10.1M | 10.6M | |
Cash And Short Term Investments | 26.1M | 16.0M | 11.3M | 8.8M | 10.1M | 10.6M | |
Common Stock Shares Outstanding | 8.6M | 19.5M | 21.4M | 22.6M | 26.0M | 27.3M | |
Liabilities And Stockholders Equity | 72.1M | 83.4M | 104.4M | 103.4M | 118.9M | 124.8M | |
Other Stockholder Equity | 39.0M | 32.2M | 27.8M | 23.4M | 26.9M | 28.2M | |
Total Liab | 32.2M | 17.2M | 34.9M | 33.1M | 38.1M | 40.0M | |
Total Current Assets | 36.8M | 27.0M | 29.7M | 29.1M | 33.5M | 35.1M | |
Accumulated Other Comprehensive Income | (150K) | 2.5M | 4.1M | 2.9M | 3.4M | 2.5M | |
Net Receivables | 10.4M | 8.5M | 16.6M | 18.6M | 21.4M | 22.5M | |
Accounts Payable | 6.4M | 1.5M | 4.3M | 7.5M | 8.6M | 9.1M | |
Property Plant And Equipment Net | 980K | 831K | 1.2M | 3.9M | 4.5M | 4.7M | |
Current Deferred Revenue | 102K | 27K | 746K | 16.8M | 19.3M | 20.3M | |
Non Current Assets Total | 35.3M | 56.4M | 74.7M | 74.3M | 85.4M | 89.7M | |
Non Currrent Assets Other | 87K | 28K | 47K | 348K | 400.2K | 420.2K | |
Other Assets | 1.2M | 2.6M | 3.8M | 7.4M | 8.5M | 8.9M | |
Non Current Liabilities Total | 2.2M | 1.9M | 10.5M | 5.2M | 6.0M | 4.6M | |
Other Current Assets | 263K | 20K | 128K | 372K | 427.8K | 449.2K | |
Short Long Term Debt Total | 726K | 600K | 7.4M | 3.3M | 3.8M | 4.0M | |
Short Term Debt | 133K | 149K | 403K | 709K | 638.1K | 670.0K | |
Intangible Assets | 14.3M | 30.8M | 41.7M | 38.1M | 43.9M | 46.0M | |
Common Stock | 62.3M | 100.3M | 109.9M | 120.0M | 138.0M | 144.9M | |
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 | |
Net Invested Capital | 39.9M | 66.2M | 76.3M | 70.2M | 80.8M | 49.2M | |
Cash And Equivalents | 682K | 26.1M | 16.0M | 11.3M | 13.0M | 11.3M | |
Net Working Capital | 6.8M | 11.6M | 5.4M | 1.2M | 1.4M | 2.7M |
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.