Bragg Depreciation vs Investments 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 Depreciation and its Investments 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.
Depreciation vs Investments
Depreciation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bragg Gaming Group Depreciation account and Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bragg Gaming's Depreciation and Investments is -0.6. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments 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 Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Bragg Gaming Group are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Bragg Gaming's Depreciation and Investments go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Bragg Gaming Group value has been used up. For tax purposes Bragg Gaming can deduct the cost of the tangible assets it purchases as business expenses. However, Bragg Gaming Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.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
Click cells to compare fundamentals
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.