BRAG (Bragg Gaming Group) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Bragg Gaming Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bragg Gaming Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Bragg Gaming Group's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.03). It may suggest that Bragg Gaming Group is progressively becoming more dependent on debt to grow their business.

Bragg Gaming Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bragg Gaming Group's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bragg Gaming Group LT-Debt-to-Total-Asset Chart

Bragg Gaming Group Annual Data

Trend

Jan15

Jan16

Jan17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.07

0.03

Bragg Gaming Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.02	0.02	0.03

Bragg Gaming Group LT-Debt-to-Total-Asset Calculation

Bragg Gaming Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2.948	/	111.618
	=	0.03

Bragg Gaming Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2.948	/	111.618
	=	0.03

Bragg Gaming Group (NAS:BRAG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Bragg Gaming Group LT-Debt-to-Total-Asset Related Terms

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Bragg Gaming Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bragg Gaming Group Inc (NAS:BRAG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SL4:Germany BRAG:Canada

Address

130 King Street West, Suite 1955, Exchange Tower, Toronto, ON, CAN, M5X 1E3

Website

https://www.bragg.games

Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The Company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from the Netherlands and the rest from Curacao, Malta, United States, Croatia, and other regions.