Bragg Gaming Group Balance Sheet Health
Financial Health criteria checks 5/6
Bragg Gaming Group has a total shareholder equity of €71.7M and total debt of €7.2M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are €105.8M and €34.2M respectively.
Key information
10.0%
Debt to equity ratio
€7.17m
Debt
| Interest coverage ratio | n/a |
| Cash | €10.91m |
| Equity | €71.69m |
| Total liabilities | €34.16m |
| Total assets | €105.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SL4's short term assets (€32.2M) exceed its short term liabilities (€30.6M).
Long Term Liabilities: SL4's short term assets (€32.2M) exceed its long term liabilities (€3.5M).
Debt to Equity History and Analysis
Debt Level: SL4 has more cash than its total debt.
Reducing Debt: SL4's debt to equity ratio has increased from 3% to 10% 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 SL4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SL4 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.6% per year.