Bragg Short Term Investments vs Current Deferred Revenue Analysis

BRAG Stock  CAD 7.86  0.02  0.25%   
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 Short Term Investments and its Current Deferred Revenue 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.

Short Term Investments vs Current Deferred Revenue

Short Term Investments vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bragg Gaming Group Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bragg Gaming's Short Term Investments and Current Deferred Revenue is -0.07. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Current Deferred Revenue 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 Short Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Bragg Gaming Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Investments i.e., Bragg Gaming's Short Term Investments and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Bragg Gaming balance sheet. It contains any investments Bragg Gaming Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bragg Gaming Group can easily liquidate in the marketplace.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 18th of February 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

0.520.950.97-0.49-0.960.710.710.950.750.890.950.97-0.240.760.840.710.990.630.910.40.780.60.730.120.98
0.520.560.53-0.8-0.610.870.870.450.720.420.70.44-0.230.180.15-0.110.430.020.410.010.43-0.050.43-0.240.44
0.950.560.88-0.55-0.920.740.740.870.750.920.950.94-0.250.820.830.730.920.620.850.380.670.660.650.110.9
0.970.530.88-0.47-0.910.70.70.980.760.740.940.96-0.190.590.850.670.950.650.950.180.830.470.750.180.97
-0.49-0.8-0.55-0.470.59-0.95-0.95-0.35-0.72-0.45-0.7-0.370.23-0.34-0.180.02-0.39-0.1-0.27-0.09-0.25-0.17-0.020.34-0.36
-0.96-0.61-0.92-0.910.59-0.77-0.77-0.88-0.79-0.89-0.93-0.890.39-0.75-0.72-0.59-0.94-0.45-0.82-0.45-0.78-0.57-0.65-0.02-0.92
0.710.870.740.7-0.95-0.771.00.590.820.620.880.62-0.260.470.410.180.630.270.540.140.450.280.33-0.190.6
0.710.870.740.7-0.95-0.771.00.590.820.620.880.62-0.260.470.410.180.620.270.530.140.450.280.33-0.190.6
0.950.450.870.98-0.35-0.880.590.590.710.720.890.96-0.180.560.890.750.940.680.980.140.880.460.770.230.96
0.750.720.750.76-0.72-0.790.820.820.710.610.840.7-0.340.480.530.380.690.30.640.130.580.450.45-0.270.67
0.890.420.920.74-0.45-0.890.620.620.720.610.810.83-0.280.950.680.650.890.470.680.720.570.740.58-0.010.84
0.950.70.950.94-0.7-0.930.880.880.890.840.810.92-0.240.660.770.580.910.570.860.230.70.510.650.050.9
0.970.440.940.96-0.37-0.890.620.620.960.70.830.92-0.180.710.930.80.960.730.970.260.740.620.790.250.96
-0.24-0.23-0.25-0.190.230.39-0.26-0.26-0.18-0.34-0.28-0.24-0.18-0.26-0.08-0.07-0.230.44-0.14-0.24-0.18-0.28-0.15-0.1-0.21
0.760.180.820.59-0.34-0.750.470.470.560.480.950.660.71-0.260.630.680.780.460.530.790.370.850.39-0.010.71
0.840.150.830.85-0.18-0.720.410.410.890.530.680.770.93-0.080.630.940.850.840.920.110.640.650.640.380.85
0.71-0.110.730.670.02-0.590.180.180.750.380.650.580.8-0.070.680.940.740.80.770.220.530.750.490.340.72
0.990.430.920.95-0.39-0.940.630.620.940.690.890.910.96-0.230.780.850.740.630.910.450.80.620.750.150.99
0.630.020.620.65-0.1-0.450.270.270.680.30.470.570.730.440.460.840.80.630.72-0.010.430.450.440.260.63
0.910.410.850.95-0.27-0.820.540.530.980.640.680.860.97-0.140.530.920.770.910.720.090.790.480.840.320.94
0.40.010.380.18-0.09-0.450.140.140.140.130.720.230.26-0.240.790.110.220.45-0.010.090.150.570.19-0.210.38
0.780.430.670.83-0.25-0.780.450.450.880.580.570.70.74-0.180.370.640.530.80.430.790.150.190.630.10.84
0.6-0.050.660.47-0.17-0.570.280.280.460.450.740.510.62-0.280.850.650.750.620.450.480.570.190.30.070.55
0.730.430.650.75-0.02-0.650.330.330.770.450.580.650.79-0.150.390.640.490.750.440.840.190.630.30.340.79
0.12-0.240.110.180.34-0.02-0.19-0.190.23-0.27-0.010.050.25-0.1-0.010.380.340.150.260.32-0.210.10.070.340.2
0.980.440.90.97-0.36-0.920.60.60.960.670.840.90.96-0.210.710.850.720.990.630.940.380.840.550.790.2
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Bragg Gaming Account Relationship Matchups

Bragg Gaming fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets72.1M83.4M104.4M103.4M118.9M124.8M
Other Current Liab23.4M13.7M18.8M2.9M3.4M3.5M
Total Current Liabilities30.0M15.3M24.3M27.9M32.1M33.7M
Total Stockholder Equity39.9M66.2M69.5M70.2M80.8M84.8M
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)
Cash26.1M16.0M11.3M8.8M10.1M10.6M
Cash And Short Term Investments26.1M16.0M11.3M8.8M10.1M10.6M
Common Stock Shares Outstanding8.6M19.5M21.4M22.6M26.0M27.3M
Liabilities And Stockholders Equity72.1M83.4M104.4M103.4M118.9M124.8M
Other Stockholder Equity39.0M32.2M27.8M23.4M26.9M28.2M
Total Liab32.2M17.2M34.9M33.1M38.1M40.0M
Total Current Assets36.8M27.0M29.7M29.1M33.5M35.1M
Accumulated Other Comprehensive Income(150K)2.5M4.1M2.9M3.4M2.5M
Net Receivables10.4M8.5M16.6M18.6M21.4M22.5M
Accounts Payable6.4M1.5M4.3M7.5M8.6M9.1M
Property Plant And Equipment Net980K831K1.2M3.9M4.5M4.7M
Current Deferred Revenue102K27K746K16.8M19.3M20.3M
Non Current Assets Total35.3M56.4M74.7M74.3M85.4M89.7M
Non Currrent Assets Other87K28K47K348K400.2K420.2K
Other Assets1.2M2.6M3.8M7.4M8.5M8.9M
Non Current Liabilities Total2.2M1.9M10.5M5.2M6.0M4.6M
Other Current Assets263K20K128K372K427.8K449.2K
Short Long Term Debt Total726K600K7.4M3.3M3.8M4.0M
Short Term Debt133K149K403K709K638.1K670.0K
Intangible Assets14.3M30.8M41.7M38.1M43.9M46.0M
Common Stock62.3M100.3M109.9M120.0M138.0M144.9M
Net Tangible Assets(26.7M)8.1M14.4M3.5M4.0M4.2M
Long Term Debt Total674K593K451K7.0M8.0M8.4M
Capital Surpluse11.1M14.3M18.4M20.7M23.9M13.2M
Property Plant Equipment1.0M980K831K1.2M1.4M1.5M
Net Invested Capital39.9M66.2M76.3M70.2M80.8M49.2M
Cash And Equivalents682K26.1M16.0M11.3M13.0M11.3M
Net Working Capital6.8M11.6M5.4M1.2M1.4M2.7M
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 board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.