Bragg Total Current Assets vs Other Stockholder Equity Analysis

BRAG Stock  USD 5.83  0.17  2.83%   
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 Current Assets and its Other Stockholder Equity 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.

Total Current Assets vs Other Stockholder Equity

Total Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bragg Gaming Group Total Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bragg Gaming's Total Current Assets and Other Stockholder Equity is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Stockholder Equity 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 Current Assets and Other Stockholder Equity 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 Current Assets of Bragg Gaming Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Assets i.e., Bragg Gaming's Total Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Stockholder Equity

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 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 Profit28.3M45.1M36.8M38.6M
Total Revenue58.3M84.7M93.3M97.9M

Bragg Gaming fundamental ratios Correlations

0.910.930.96-0.48-0.980.720.720.980.740.850.950.97-0.230.80.84-0.020.99-0.010.390.410.610.780.570.490.98
0.910.90.9-0.74-0.890.920.920.830.860.710.990.88-0.210.710.67-0.240.840.040.150.270.40.650.620.360.83
0.930.90.84-0.55-0.940.750.750.850.750.90.930.93-0.260.90.810.030.90.00.430.250.580.680.470.460.86
0.960.90.84-0.49-0.930.730.730.970.720.660.920.94-0.170.650.8-0.210.94-0.010.150.380.590.790.580.530.96
-0.48-0.74-0.55-0.490.54-0.94-0.94-0.36-0.86-0.35-0.71-0.370.17-0.3-0.140.2-0.35-0.110.11-0.310.120.02-0.470.16-0.32
-0.98-0.89-0.94-0.930.54-0.75-0.74-0.95-0.8-0.85-0.95-0.940.34-0.81-0.79-0.05-0.970.09-0.42-0.47-0.56-0.71-0.58-0.43-0.95
0.720.920.750.73-0.94-0.751.00.610.920.530.890.64-0.210.510.4-0.260.610.08-0.010.320.120.310.590.090.59
0.720.920.750.73-0.94-0.741.00.610.920.530.890.64-0.210.510.4-0.260.610.08-0.020.320.120.310.590.090.59
0.980.830.850.97-0.36-0.950.610.610.640.760.880.96-0.210.730.85-0.050.99-0.040.330.430.660.820.530.570.99
0.740.860.750.72-0.86-0.80.920.920.640.610.860.63-0.340.490.35-0.10.66-0.050.220.530.050.310.73-0.040.64
0.850.710.90.66-0.35-0.850.530.530.760.610.780.81-0.30.90.720.340.86-0.020.760.380.50.590.430.310.8
0.950.990.930.92-0.71-0.950.890.890.880.860.780.91-0.230.760.73-0.140.890.030.230.350.470.650.590.380.87
0.970.880.930.94-0.37-0.940.640.640.960.630.810.91-0.180.840.9-0.080.97-0.010.320.220.720.880.470.640.96
-0.23-0.21-0.26-0.170.170.34-0.21-0.21-0.21-0.34-0.3-0.23-0.18-0.32-0.09-0.25-0.220.88-0.27-0.32-0.03-0.12-0.23-0.03-0.2
0.80.710.90.65-0.3-0.810.510.510.730.490.90.760.84-0.320.850.210.8-0.080.530.040.710.660.160.60.74
0.840.670.810.8-0.14-0.790.40.40.850.350.720.730.9-0.090.85-0.010.86-0.010.27-0.030.930.80.060.840.84
-0.02-0.240.03-0.210.2-0.05-0.26-0.26-0.05-0.10.34-0.14-0.08-0.250.21-0.010.04-0.060.690.40.04-0.15-0.09-0.25-0.04
0.990.840.90.94-0.35-0.970.610.610.990.660.860.890.97-0.220.80.860.04-0.030.460.430.650.810.540.520.99
-0.010.040.0-0.01-0.110.090.080.08-0.04-0.05-0.020.03-0.010.88-0.08-0.01-0.06-0.03-0.06-0.09-0.06-0.060.0-0.11-0.04
0.390.150.430.150.11-0.42-0.01-0.020.330.220.760.230.32-0.270.530.270.690.46-0.060.480.140.240.3-0.10.4
0.410.270.250.38-0.31-0.470.320.320.430.530.380.350.22-0.320.04-0.030.40.43-0.090.48-0.230.070.71-0.410.43
0.610.40.580.590.12-0.560.120.120.660.050.50.470.72-0.030.710.930.040.65-0.060.14-0.230.71-0.220.920.63
0.780.650.680.790.02-0.710.310.310.820.310.590.650.88-0.120.660.8-0.150.81-0.060.240.070.710.420.70.84
0.570.620.470.58-0.47-0.580.590.590.530.730.430.590.47-0.230.160.06-0.090.540.00.30.71-0.220.42-0.270.57
0.490.360.460.530.16-0.430.090.090.57-0.040.310.380.64-0.030.60.84-0.250.52-0.11-0.1-0.410.920.7-0.270.53
0.980.830.860.96-0.32-0.950.590.590.990.640.80.870.96-0.20.740.84-0.040.99-0.040.40.430.630.840.570.53
Click cells to compare fundamentals

Bragg Gaming Account Relationship Matchups

Bragg Gaming fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.5M23.4M13.7M18.8M15.8M16.6M
Total Current Liabilities20.8M30.0M15.3M24.3M27.8M29.2M
Retained Earnings(46.7M)(61.2M)(68.7M)(72.2M)(75.7M)(71.9M)
Other Stockholder Equity13.3M39.0M32.2M27.8M19.8M10.3M
Total Current Assets8.3M36.8M27.0M29.7M29.0M30.4M
Net Receivables6.2M10.4M8.5M16.6M18.6M19.5M
Accounts Payable5.1M6.4M1.5M4.3M7.5M7.8M
Other Assets1.2M2.6M3.8M7.4M1.00.95
Common Stock40.2M62.3M100.3M109.9M119.5M125.5M
Net Tangible Assets(26.7M)8.1M14.4M3.5M4.0M4.2M
Property Plant Equipment1.0M980K831K1.2M1.4M802.0K
Other Liab15.8M1.6M1.4M3.6M3.2M3.0M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Bragg Stock

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 nation.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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
(0.25)
Revenue Per Share
4.116
Quarterly Revenue Growth
0.042
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.