Bragg Gaming Cash And Equivalents vs. Price To Sales
| BRAG Stock | USD 3.31 0.09 2.80% |
For Bragg Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bragg Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bragg Gaming Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bragg Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bragg Gaming Group over time as well as its relative position and ranking within its peers.
Bragg |
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.
Bragg Gaming Group Price To Sales vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bragg Gaming's current stock value. Our valuation model uses many indicators to compare Bragg Gaming value to that of its competitors to determine the firm's financial worth. Bragg Gaming Group is rated below average in cash and equivalents category among its peers. It is rated below average in price to sales category among its peers . The ratio of Cash And Equivalents to Price To Sales for Bragg Gaming Group is about 13,002,226 . At this time, Bragg Gaming's Price To Sales Ratio is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bragg Gaming by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Bragg Price To Sales vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Bragg Gaming |
| = | 11.1 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Bragg Gaming |
| = | 0.85 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Bragg Price To Sales Comparison
Bragg Gaming is currently under evaluation in price to sales category among its peers.
Bragg Gaming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bragg Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bragg Gaming will eventually generate negative long term returns. The profitability progress is the general direction of Bragg Gaming's change in net profit over the period of time. It can combine multiple indicators of Bragg Gaming, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.9 M | 3.1 M | |
| Operating Income | -777 K | -815.9 K | |
| Net Loss | -3.8 M | -4 M | |
| Income Tax Expense | 910 K | 955.5 K | |
| Income Before Tax | -2.9 M | -3.1 M | |
| Total Other Income Expense Net | -2.1 M | -2 M | |
| Net Interest Income | -2.2 M | -2.1 M | |
| Net Loss | -3.8 M | -4 M | |
| Net Loss | -4 M | -4.2 M | |
| Interest Income | 1,000.00 | 950.00 | |
| Change To Netincome | 3.7 M | 3.5 M | |
| Net Loss | (0.17) | (0.18) | |
| Income Quality | (3.06) | (2.91) | |
| Net Income Per E B T | 1.31 | 0.93 |
Bragg Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bragg Gaming. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Bragg Gaming position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Bragg Gaming's important profitability drivers and their relationship over time.
Use Bragg Gaming in pair-trading
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.Bragg Gaming Pair Trading
Bragg Gaming Group Pair Trading Analysis
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.Use Investing Themes to Complement your Bragg Gaming position
In addition to having Bragg Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Bragg Gaming's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bragg Gaming Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Bragg Gaming's income statement, its balance sheet, and the statement of cash flows.