Bragg Net Invested Capital vs Total Liab Analysis

BRAG Stock

USD 3.31 0.07 2.16%

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 Net Invested Capital and its Total Liab 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 nation.

Net Invested Capital vs Total Liab

Net Invested Capital vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bragg Gaming Group Net Invested Capital account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Bragg Gaming's Net Invested Capital and Total Liab is 0.58. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Liab 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 Net Invested Capital and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Bragg Gaming Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Invested Capital i.e., Bragg Gaming's Net Invested Capital and Total Liab go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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 nation.

At this time, Bragg Gaming's Enterprise Value Over EBITDA is most likely to drop in the upcoming years. The Bragg Gaming's current Enterprise Value Multiple is estimated to increase to 8.43, while Issuance Of Capital Stock is projected to decrease to 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	28.3M	45.1M	49.9M	52.4M
Total Revenue	58.3M	84.7M	93.5M	98.2M

Gross Profit Total Revenue

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	Non Current Liabilities Total	Inventory	Other Current Assets	Short Long Term Debt Total	Other Assets	Short Term Debt	Intangible Assets
Total Assets		0.95	0.93	0.96	-0.56	-0.98	0.72	0.72	0.98	0.86	0.85	0.95	0.97	-0.39	0.8	0.84	-0.02	0.99	-0.24	0.39	0.41	0.86	0.69	0.61	-0.21	0.98
Other Current Liab	0.95		0.88	0.97	-0.72	-0.94	0.85	0.85	0.93	0.92	0.69	0.98	0.92	-0.35	0.69	0.76	-0.25	0.91	-0.2	0.13	0.34	0.86	0.6	0.61	-0.17	0.91
Total Current Liabilities	0.93	0.88		0.84	-0.62	-0.94	0.75	0.75	0.86	0.86	0.9	0.93	0.93	-0.41	0.9	0.81	0.03	0.9	-0.21	0.43	0.25	0.66	0.58	0.51	-0.19	0.86
Total Stockholder Equity	0.96	0.97	0.84		-0.57	-0.93	0.73	0.73	0.97	0.85	0.66	0.92	0.94	-0.34	0.65	0.79	-0.21	0.94	-0.24	0.15	0.38	0.93	0.69	0.62	-0.15	0.96
Net Debt	-0.56	-0.72	-0.62	-0.57		0.61	-0.97	-0.97	-0.44	-0.85	-0.4	-0.78	-0.46	0.19	-0.39	-0.26	0.22	-0.44	-0.06	0.1	-0.28	-0.41	-0.04	-0.45	0.37	-0.4
Retained Earnings	-0.98	-0.94	-0.94	-0.93	0.61		-0.75	-0.74	-0.95	-0.9	-0.85	-0.95	-0.94	0.48	-0.81	-0.79	-0.05	-0.97	0.29	-0.42	-0.47	-0.85	-0.63	-0.62	0.22	-0.95
Cash	0.72	0.85	0.75	0.73	-0.97	-0.75		1.0	0.61	0.93	0.53	0.89	0.64	-0.26	0.51	0.4	-0.26	0.61	0.0	-0.01	0.32	0.56	0.3	0.6	-0.3	0.59
Cash And Short Term Investments	0.72	0.85	0.75	0.73	-0.97	-0.74	1.0		0.61	0.93	0.53	0.89	0.64	-0.26	0.51	0.4	-0.26	0.61	0.0	-0.02	0.32	0.55	0.3	0.6	-0.31	0.59
Common Stock Shares Outstanding	0.98	0.93	0.86	0.97	-0.44	-0.95	0.61	0.61		0.78	0.76	0.88	0.96	-0.38	0.73	0.85	-0.05	0.99	-0.29	0.33	0.43	0.93	0.71	0.57	-0.13	0.99
Other Stockholder Equity	0.86	0.92	0.86	0.85	-0.85	-0.9	0.93	0.93	0.78		0.7	0.95	0.79	-0.39	0.64	0.56	-0.13	0.79	-0.17	0.2	0.44	0.72	0.45	0.67	-0.32	0.78
Total Liab	0.85	0.69	0.9	0.66	-0.4	-0.85	0.53	0.53	0.76	0.7		0.78	0.81	-0.41	0.9	0.72	0.34	0.86	-0.18	0.76	0.37	0.55	0.53	0.45	-0.28	0.8
Total Current Assets	0.95	0.98	0.93	0.92	-0.78	-0.95	0.89	0.89	0.88	0.95	0.78		0.91	-0.37	0.76	0.73	-0.14	0.89	-0.16	0.23	0.34	0.77	0.57	0.62	-0.25	0.87
Net Receivables	0.97	0.92	0.93	0.94	-0.46	-0.94	0.64	0.64	0.96	0.79	0.81	0.91		-0.38	0.84	0.91	-0.08	0.96	-0.28	0.32	0.22	0.8	0.75	0.51	-0.09	0.96
Short Term Investments	-0.39	-0.35	-0.41	-0.34	0.19	0.48	-0.26	-0.26	-0.38	-0.39	-0.41	-0.37	-0.38		-0.49	-0.34	-0.21	-0.39	0.88	-0.26	-0.23	-0.32	-0.28	-0.18	-0.24	-0.37
Accounts Payable	0.8	0.69	0.9	0.65	-0.39	-0.81	0.51	0.51	0.73	0.64	0.9	0.76	0.84	-0.49		0.85	0.21	0.8	-0.32	0.53	0.03	0.46	0.5	0.2	-0.03	0.74
Property Plant And Equipment Net	0.84	0.76	0.81	0.79	-0.26	-0.79	0.4	0.4	0.85	0.56	0.72	0.73	0.91	-0.34	0.85		-0.01	0.85	-0.36	0.27	-0.03	0.67	0.54	0.11	0.01	0.83
Current Deferred Revenue	-0.02	-0.25	0.03	-0.21	0.22	-0.05	-0.26	-0.26	-0.05	-0.13	0.34	-0.14	-0.08	-0.21	0.21	-0.01		0.04	0.0	0.69	0.4	-0.16	-0.13	-0.1	-0.39	-0.04
Non Current Assets Total	0.99	0.91	0.9	0.94	-0.44	-0.97	0.61	0.61	0.99	0.79	0.86	0.89	0.96	-0.39	0.8	0.85	0.04		-0.26	0.46	0.43	0.88	0.72	0.58	-0.19	0.99
Non Currrent Assets Other	-0.24	-0.2	-0.21	-0.24	-0.06	0.29	0.0	0.0	-0.29	-0.17	-0.18	-0.16	-0.28	0.88	-0.32	-0.36	0.0	-0.26		-0.06	0.02	-0.27	-0.22	0.06	-0.38	-0.27
Non Current Liabilities Total	0.39	0.13	0.43	0.15	0.1	-0.42	-0.01	-0.02	0.33	0.2	0.76	0.23	0.32	-0.26	0.53	0.27	0.69	0.46	-0.06		0.48	0.17	0.32	0.3	-0.31	0.4
Inventory	0.41	0.34	0.25	0.38	-0.28	-0.47	0.32	0.32	0.43	0.44	0.37	0.34	0.22	-0.23	0.03	-0.03	0.4	0.43	0.02	0.48		0.57	0.24	0.7	-0.49	0.43
Other Current Assets	0.86	0.86	0.66	0.93	-0.41	-0.85	0.56	0.55	0.93	0.72	0.55	0.77	0.8	-0.32	0.46	0.67	-0.16	0.88	-0.27	0.17	0.57		0.62	0.62	-0.14	0.91
Short Long Term Debt Total	0.69	0.6	0.58	0.69	-0.04	-0.63	0.3	0.3	0.71	0.45	0.53	0.57	0.75	-0.28	0.5	0.54	-0.13	0.72	-0.22	0.32	0.24	0.62		0.69	0.15	0.76
Other Assets	0.61	0.61	0.51	0.62	-0.45	-0.62	0.6	0.6	0.57	0.67	0.45	0.62	0.51	-0.18	0.2	0.11	-0.1	0.58	0.06	0.3	0.7	0.62	0.69		-0.28	0.61
Short Term Debt	-0.21	-0.17	-0.19	-0.15	0.37	0.22	-0.3	-0.31	-0.13	-0.32	-0.28	-0.25	-0.09	-0.24	-0.03	0.01	-0.39	-0.19	-0.38	-0.31	-0.49	-0.14	0.15	-0.28		-0.14
Intangible Assets	0.98	0.91	0.86	0.96	-0.4	-0.95	0.59	0.59	0.99	0.78	0.8	0.87	0.96	-0.37	0.74	0.83	-0.04	0.99	-0.27	0.4	0.43	0.91	0.76	0.61	-0.14

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Bragg Gaming Account Relationship Matchups

Bragg Gaming fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.5M	17.7M	19.2M	17.7M	18.8M	19.7M
Total Current Liabilities	20.8M	30.0M	15.3M	24.3M	27.9M	29.3M
Retained Earnings	(46.7M)	(61.2M)	(68.7M)	(72.2M)	(76.1M)	(72.3M)
Other Stockholder Equity	13.3M	39.0M	32.2M	27.8M	23.1M	24.2M
Total Current Assets	8.3M	36.8M	27.0M	29.7M	29.1M	30.5M
Net Receivables	6.2M	10.4M	8.5M	16.6M	18.6M	19.6M
Accounts Payable	5.1M	6.4M	1.5M	4.3M	7.5M	7.9M
Other Assets	1.2M	2.6M	3.8M	7.4M	319.1K	303.1K
Common Stock	40.2M	62.3M	100.3M	109.9M	120.0M	126.0M
Net Tangible Assets	(26.7M)	8.1M	14.4M	3.5M	4.0M	4.2M
Property Plant Equipment	1.0M	980K	831K	1.2M	1.4M	802.0K
Other Liab	15.8M	1.6M	1.4M	3.6M	3.2M	3.0M

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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 nation.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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.

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Bragg Net Invested Capital vs Total Liab Analysis

Net Invested Capital vs Total Liab

Net Invested Capital vs Total Liab Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Liab

Bragg Gaming fundamental ratios Correlations

Bragg Gaming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bragg Gaming fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Retained Earnings	- 0.98	Total Assets
Non Current Assets Total	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Intangible Assets	- 0.95	Retained Earnings
Total Current Assets	- 0.95	Retained Earnings