Bragg Change In Working Capital vs Capital Expenditures Analysis
BRAG Stock | CAD 6.90 0.12 1.71% |
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 Change In Working Capital and its Capital Expenditures 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.
Change In Working Capital vs Capital Expenditures
Change In Working Capital vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bragg Gaming Group Change In Working Capital account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bragg Gaming's Change In Working Capital and Capital Expenditures is -0.3. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Capital Expenditures 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 Change In Working Capital and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Bragg Gaming Group are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Working Capital i.e., Bragg Gaming's Change In Working Capital and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Capital Expenditures
Capital Expenditures are funds used by Bragg Gaming Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Bragg Gaming operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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 1st of March 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.