Bragg Total Assets vs Net Invested Capital Analysis

BRAG Stock

USD 5.80 0.00 0.00%

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 Total Assets and its Net Invested Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

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

The correlation between Bragg Gaming's Total Assets and Net Invested Capital is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital 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 Total Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Bragg Gaming Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., Bragg Gaming's Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Bragg Gaming assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bragg Gaming Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Invested Capital

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

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 tightly coupled 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 increase significantly in the upcoming years. The Bragg Gaming's current Enterprise Value Multiple is estimated to increase to 12.83, while Issuance Of Capital Stock is projected to decrease to 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	28.3M	45.1M	36.8M	38.6M
Total Revenue	58.3M	84.7M	93.3M	97.9M

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		0.91	0.93	0.96	-0.48	-0.98	0.72	0.72	0.98	0.74	0.85	0.95	0.97	-0.23	0.8	0.84	-0.02	0.99	-0.01	0.39	0.41	0.61	0.78	0.57	0.49	0.98
Other Current Liab	0.91		0.9	0.9	-0.74	-0.89	0.92	0.92	0.83	0.86	0.71	0.99	0.88	-0.21	0.71	0.67	-0.24	0.84	0.04	0.15	0.27	0.4	0.65	0.62	0.36	0.83
Total Current Liabilities	0.93	0.9		0.84	-0.55	-0.94	0.75	0.75	0.85	0.75	0.9	0.93	0.93	-0.26	0.9	0.81	0.03	0.9	0.0	0.43	0.25	0.58	0.68	0.47	0.46	0.86
Total Stockholder Equity	0.96	0.9	0.84		-0.49	-0.93	0.73	0.73	0.97	0.72	0.66	0.92	0.94	-0.17	0.65	0.8	-0.21	0.94	-0.01	0.15	0.38	0.59	0.79	0.58	0.53	0.96
Net Debt	-0.48	-0.74	-0.55	-0.49		0.54	-0.94	-0.94	-0.36	-0.86	-0.35	-0.71	-0.37	0.17	-0.3	-0.14	0.2	-0.35	-0.11	0.11	-0.31	0.12	0.02	-0.47	0.16	-0.32
Retained Earnings	-0.98	-0.89	-0.94	-0.93	0.54		-0.75	-0.74	-0.95	-0.8	-0.85	-0.95	-0.94	0.34	-0.81	-0.79	-0.05	-0.97	0.09	-0.42	-0.47	-0.56	-0.71	-0.58	-0.43	-0.95
Cash	0.72	0.92	0.75	0.73	-0.94	-0.75		1.0	0.61	0.92	0.53	0.89	0.64	-0.21	0.51	0.4	-0.26	0.61	0.08	-0.01	0.32	0.12	0.31	0.59	0.09	0.59
Cash And Short Term Investments	0.72	0.92	0.75	0.73	-0.94	-0.74	1.0		0.61	0.92	0.53	0.89	0.64	-0.21	0.51	0.4	-0.26	0.61	0.08	-0.02	0.32	0.12	0.31	0.59	0.09	0.59
Common Stock Shares Outstanding	0.98	0.83	0.85	0.97	-0.36	-0.95	0.61	0.61		0.64	0.76	0.88	0.96	-0.21	0.73	0.85	-0.05	0.99	-0.04	0.33	0.43	0.66	0.82	0.53	0.57	0.99
Other Stockholder Equity	0.74	0.86	0.75	0.72	-0.86	-0.8	0.92	0.92	0.64		0.61	0.86	0.63	-0.34	0.49	0.35	-0.1	0.66	-0.05	0.22	0.53	0.05	0.31	0.73	-0.04	0.64
Total Liab	0.85	0.71	0.9	0.66	-0.35	-0.85	0.53	0.53	0.76	0.61		0.78	0.81	-0.3	0.9	0.72	0.34	0.86	-0.02	0.76	0.38	0.5	0.59	0.43	0.31	0.8
Total Current Assets	0.95	0.99	0.93	0.92	-0.71	-0.95	0.89	0.89	0.88	0.86	0.78		0.91	-0.23	0.76	0.73	-0.14	0.89	0.03	0.23	0.35	0.47	0.65	0.59	0.38	0.87
Net Receivables	0.97	0.88	0.93	0.94	-0.37	-0.94	0.64	0.64	0.96	0.63	0.81	0.91		-0.18	0.84	0.9	-0.08	0.97	-0.01	0.32	0.22	0.72	0.88	0.47	0.64	0.96
Short Term Investments	-0.23	-0.21	-0.26	-0.17	0.17	0.34	-0.21	-0.21	-0.21	-0.34	-0.3	-0.23	-0.18		-0.32	-0.09	-0.25	-0.22	0.88	-0.27	-0.32	-0.03	-0.12	-0.23	-0.03	-0.2
Accounts Payable	0.8	0.71	0.9	0.65	-0.3	-0.81	0.51	0.51	0.73	0.49	0.9	0.76	0.84	-0.32		0.85	0.21	0.8	-0.08	0.53	0.04	0.71	0.66	0.16	0.6	0.74
Property Plant And Equipment Net	0.84	0.67	0.81	0.8	-0.14	-0.79	0.4	0.4	0.85	0.35	0.72	0.73	0.9	-0.09	0.85		-0.01	0.86	-0.01	0.27	-0.03	0.93	0.8	0.06	0.84	0.84
Current Deferred Revenue	-0.02	-0.24	0.03	-0.21	0.2	-0.05	-0.26	-0.26	-0.05	-0.1	0.34	-0.14	-0.08	-0.25	0.21	-0.01		0.04	-0.06	0.69	0.4	0.04	-0.15	-0.09	-0.25	-0.04
Non Current Assets Total	0.99	0.84	0.9	0.94	-0.35	-0.97	0.61	0.61	0.99	0.66	0.86	0.89	0.97	-0.22	0.8	0.86	0.04		-0.03	0.46	0.43	0.65	0.81	0.54	0.52	0.99
Non Currrent Assets Other	-0.01	0.04	0.0	-0.01	-0.11	0.09	0.08	0.08	-0.04	-0.05	-0.02	0.03	-0.01	0.88	-0.08	-0.01	-0.06	-0.03		-0.06	-0.09	-0.06	-0.06	0.0	-0.11	-0.04
Non Current Liabilities Total	0.39	0.15	0.43	0.15	0.11	-0.42	-0.01	-0.02	0.33	0.22	0.76	0.23	0.32	-0.27	0.53	0.27	0.69	0.46	-0.06		0.48	0.14	0.24	0.3	-0.1	0.4
Inventory	0.41	0.27	0.25	0.38	-0.31	-0.47	0.32	0.32	0.43	0.53	0.38	0.35	0.22	-0.32	0.04	-0.03	0.4	0.43	-0.09	0.48		-0.23	0.07	0.71	-0.41	0.43
Other Current Assets	0.61	0.4	0.58	0.59	0.12	-0.56	0.12	0.12	0.66	0.05	0.5	0.47	0.72	-0.03	0.71	0.93	0.04	0.65	-0.06	0.14	-0.23		0.71	-0.22	0.92	0.63
Short Long Term Debt Total	0.78	0.65	0.68	0.79	0.02	-0.71	0.31	0.31	0.82	0.31	0.59	0.65	0.88	-0.12	0.66	0.8	-0.15	0.81	-0.06	0.24	0.07	0.71		0.42	0.7	0.84
Other Assets	0.57	0.62	0.47	0.58	-0.47	-0.58	0.59	0.59	0.53	0.73	0.43	0.59	0.47	-0.23	0.16	0.06	-0.09	0.54	0.0	0.3	0.71	-0.22	0.42		-0.27	0.57
Short Term Debt	0.49	0.36	0.46	0.53	0.16	-0.43	0.09	0.09	0.57	-0.04	0.31	0.38	0.64	-0.03	0.6	0.84	-0.25	0.52	-0.11	-0.1	-0.41	0.92	0.7	-0.27		0.53
Intangible Assets	0.98	0.83	0.86	0.96	-0.32	-0.95	0.59	0.59	0.99	0.64	0.8	0.87	0.96	-0.2	0.74	0.84	-0.04	0.99	-0.04	0.4	0.43	0.63	0.84	0.57	0.53

Click cells to compare fundamentals

Bragg Gaming Account Relationship Matchups

Bragg Gaming fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.5M	23.4M	13.7M	18.8M	15.8M	16.6M
Total Current Liabilities	20.8M	30.0M	15.3M	24.3M	27.8M	29.2M
Retained Earnings	(46.7M)	(61.2M)	(68.7M)	(72.2M)	(75.7M)	(71.9M)
Other Stockholder Equity	13.3M	39.0M	32.2M	27.8M	19.8M	10.3M
Total Current Assets	8.3M	36.8M	27.0M	29.7M	29.0M	30.4M
Net Receivables	6.2M	10.4M	8.5M	16.6M	18.6M	19.5M
Accounts Payable	5.1M	6.4M	1.5M	4.3M	7.5M	7.8M
Other Assets	1.2M	2.6M	3.8M	7.4M	1.0	0.95
Common Stock	40.2M	62.3M	100.3M	109.9M	119.5M	125.5M
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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bragg Gaming in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bragg Gaming's short interest history, or implied volatility extrapolated from Bragg Gaming options trading.

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

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0.62	MGAM	Mobile Global Esports	Pair Corr
0.61	Z	Zillow Group Class Earnings Call This Week	Pair Corr
0.57	GDEVW	Nexters Warrant	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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the Bragg Gaming Group information on this page should be used as a complementary analysis to other Bragg Gaming's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Bragg Stock analysis

When running Bragg Gaming's price analysis, check to measure Bragg Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bragg Gaming is operating at the current time. Most of Bragg Gaming's value examination focuses on studying past and present price action to predict the probability of Bragg Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bragg Gaming's price. Additionally, you may evaluate how the addition of Bragg Gaming to your portfolios can decrease your overall portfolio volatility.

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Is Bragg Gaming's industry 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

(0.18)

Revenue Per Share

4.138

Quarterly Revenue Growth

(0.01)

Return On Assets

(0.01)

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 Total Assets vs Net Invested Capital Analysis

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Assets

Net Invested Capital

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

Complementary Tools for Bragg Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Other Current Liab
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

Retained Earnings	- 0.98	Total Assets
Non Current Assets Total	- 0.97	Retained Earnings
Intangible Assets	- 0.95	Retained Earnings
Total Current Assets	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Net Receivables	- 0.94	Retained Earnings