Bragg Gaming Group Balance Sheet Health
Financial Health criteria checks 5/6
Bragg Gaming Group has a total shareholder equity of €70.6M and total debt of €6.5M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are €103.6M and €33.0M respectively.
Key information
9.2%
Debt to equity ratio
€6.50m
Debt
| Interest coverage ratio | n/a |
| Cash | €11.57m |
| Equity | €70.65m |
| Total liabilities | €33.00m |
| Total assets | €103.65m |
Recent financial health updates
Is Bragg Gaming Group (TSE:BRAG) Using Debt Sensibly?
Aug 15
Is Bragg Gaming Group (TSE:BRAG) A Risky Investment?
Mar 30Recent updates
Lacklustre Performance Is Driving Bragg Gaming Group Inc.'s (TSE:BRAG) 36% Price Drop
Nov 15Bragg Gaming Group Inc.'s (TSE:BRAG) Shares Climb 26% But Its Business Is Yet to Catch Up
Apr 04Bragg Gaming Group Inc. (TSE:BRAG) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Mar 29Estimating The Fair Value Of Bragg Gaming Group Inc. (TSE:BRAG)
Jan 20When Should You Buy Bragg Gaming Group Inc. (TSE:BRAG)?
Sep 13Is Bragg Gaming Group (TSE:BRAG) Using Debt Sensibly?
Aug 15Estimating The Fair Value Of Bragg Gaming Group Inc. (TSE:BRAG)
Jul 28There Is A Reason Bragg Gaming Group Inc.'s (TSE:BRAG) Price Is Undemanding
Jun 08Is Bragg Gaming Group (TSE:BRAG) A Risky Investment?
Mar 30Analysts Just Shipped A Sizeable Upgrade To Their Bragg Gaming Group Inc. (TSE:BRAG) Estimates
Feb 17Financial Position Analysis
Short Term Liabilities: BRAG's short term assets (€33.0M) exceed its short term liabilities (€29.7M).
Long Term Liabilities: BRAG's short term assets (€33.0M) exceed its long term liabilities (€3.3M).
Debt to Equity History and Analysis
Debt Level: BRAG has more cash than its total debt.
Reducing Debt: BRAG's debt to equity ratio has increased from 1.8% to 9.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BRAG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BRAG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.7% per year.