Bragg Gaming Group Balance Sheet Health
Financial Health criteria checks 6/6
Bragg Gaming Group has a total shareholder equity of €69.2M and total debt of €1.4M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are €101.7M and €32.5M respectively.
Key information
2.1%
Debt to equity ratio
€1.45m
Debt
| Interest coverage ratio | n/a |
| Cash | €7.80m |
| Equity | €69.21m |
| Total liabilities | €32.53m |
| Total assets | €101.75m |
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
Bragg 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 17Is Bragg Gaming Group Inc. (TSE:BRAG) Potentially Undervalued?
Oct 29Financial Position Analysis
Short Term Liabilities: BRAG's short term assets (€27.6M) exceed its short term liabilities (€27.2M).
Long Term Liabilities: BRAG's short term assets (€27.6M) exceed its long term liabilities (€5.4M).
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 reduced from 2.3% to 2.1% 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 47.9% per year.