ROUTE Other Current Liab vs Other Stockholder Equity Analysis

ROUTE Stock   1,415  13.10  0.92%   
ROUTE MOBILE financial indicator trend analysis is much more than just breaking down ROUTE MOBILE LIMITED prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ROUTE MOBILE LIMITED is a good investment. Please check the relationship between ROUTE MOBILE Other Current Liab and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ROUTE MOBILE LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROUTE MOBILE LIMITED Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ROUTE MOBILE's Other Current Liab and Other Stockholder Equity is 0.49. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of ROUTE MOBILE LIMITED, assuming nothing else is changed. The correlation between historical values of ROUTE MOBILE's Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of ROUTE MOBILE LIMITED are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., ROUTE MOBILE's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Other Stockholder Equity

Most indicators from ROUTE MOBILE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ROUTE MOBILE LIMITED 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ROUTE MOBILE LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of the 20th of December 2024, Tax Provision is likely to grow to about 695.5 M, while Selling General Administrative is likely to drop about 27.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.2B7.9B6.6B6.9B
Total Revenue20.0B35.7B40.2B42.2B

ROUTE MOBILE fundamental ratios Correlations

0.820.390.991.00.79-0.590.980.960.931.00.840.920.80.980.990.90.940.220.890.970.991.00.740.970.66
0.820.020.810.80.62-0.130.90.90.720.840.970.890.350.910.750.720.870.620.630.680.840.80.940.70.48
0.390.020.480.380.34-0.440.230.160.320.380.030.070.590.260.460.440.08-0.220.740.490.40.390.060.530.45
0.990.810.480.980.82-0.590.960.940.920.980.820.90.80.960.970.90.890.20.920.950.990.980.730.960.73
1.00.80.380.980.77-0.610.970.950.930.990.840.910.810.970.990.890.940.210.880.980.991.00.730.970.64
0.790.620.340.820.77-0.580.760.740.790.790.540.780.790.750.80.910.74-0.010.70.730.820.790.610.80.9
-0.59-0.13-0.44-0.59-0.61-0.58-0.5-0.49-0.78-0.53-0.22-0.48-0.86-0.47-0.59-0.58-0.420.39-0.52-0.66-0.56-0.62-0.03-0.62-0.61
0.980.90.230.960.970.76-0.50.990.920.970.930.970.691.00.930.850.960.320.80.910.970.980.830.90.63
0.960.90.160.940.950.74-0.490.990.910.950.930.980.650.990.90.810.950.330.750.870.960.960.820.860.61
0.930.720.320.920.930.79-0.780.920.910.90.760.90.820.90.890.850.840.120.760.890.920.940.610.870.72
1.00.840.380.980.990.79-0.530.970.950.90.850.920.780.980.990.910.950.260.90.960.990.990.770.970.65
0.840.970.030.820.840.54-0.220.930.930.760.850.890.390.930.760.660.870.560.630.730.840.840.890.70.42
0.920.890.070.90.910.78-0.480.970.980.90.920.890.630.960.870.820.950.280.680.820.930.920.780.830.62
0.80.350.590.80.810.79-0.860.690.650.820.780.390.630.680.850.820.66-0.250.80.880.790.820.280.880.71
0.980.910.260.960.970.75-0.471.00.990.90.980.930.960.680.940.850.950.340.820.910.980.980.840.910.61
0.990.750.460.970.990.8-0.590.930.90.890.990.760.870.850.940.920.920.150.920.980.980.980.691.00.66
0.90.720.440.90.890.91-0.580.850.810.850.910.660.820.820.850.920.840.140.840.870.910.890.690.920.76
0.940.870.080.890.940.74-0.420.960.950.840.950.870.950.660.950.920.840.330.720.880.930.930.790.880.52
0.220.62-0.220.20.21-0.010.390.320.330.120.260.560.28-0.250.340.150.140.330.090.110.230.20.580.1-0.11
0.890.630.740.920.880.7-0.520.80.750.760.90.630.680.80.820.920.840.720.090.910.90.880.60.940.64
0.970.680.490.950.980.73-0.660.910.870.890.960.730.820.880.910.980.870.880.110.910.950.970.610.980.59
0.990.840.40.990.990.82-0.560.970.960.920.990.840.930.790.980.980.910.930.230.90.950.990.760.960.7
1.00.80.390.981.00.79-0.620.980.960.940.990.840.920.820.980.980.890.930.20.880.970.990.720.960.67
0.740.940.060.730.730.61-0.030.830.820.610.770.890.780.280.840.690.690.790.580.60.610.760.720.640.48
0.970.70.530.960.970.8-0.620.90.860.870.970.70.830.880.911.00.920.880.10.940.980.960.960.640.67
0.660.480.450.730.640.9-0.610.630.610.720.650.420.620.710.610.660.760.52-0.110.640.590.70.670.480.67
Click cells to compare fundamentals

ROUTE MOBILE Account Relationship Matchups

ROUTE MOBILE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B10.2B26.6B28.9B34.7B36.5B
Short Long Term Debt Total531.7M199.7M162.2M1.4B3.8B4.0B
Other Current Liab918.8M703.1M6.2B(224.3M)703.3M1.0B
Total Current Liabilities3.5B3.6B9.0B7.8B10.4B10.9B
Total Stockholder Equity2.7B6.5B16.7B18.2B21.5B22.6B
Property Plant And Equipment Net320.6M378.6M445.7M679.2M637.4M342.2M
Net Debt(274.6M)(4.5B)(3.9B)(3.4B)(1.5B)(1.5B)
Retained Earnings2.1B3.4B4.8B7.3B10.4B11.0B
Accounts Payable1.8B2.4B2.4B4.7B6.7B7.1B
Cash806.3M4.7B4.1B4.8B5.4B5.7B
Non Current Assets Total2.2B2.5B9.9B11.0B13.4B14.1B
Non Currrent Assets Other420.2M512.9M311.6M1.1B4.0B4.2B
Other Assets457.6M559.4M367M1.2B1.4B1.4B
Cash And Short Term Investments925.3M4.8B10.4B9.2B6.3B3.4B
Net Receivables2.1B2.5B5.2B7.0B10.7B11.3B
Good Will854.5M902.5M5.0B5.2B5.1B5.4B
Liabilities And Stockholders Equity6.3B10.2B26.6B28.9B34.7B36.5B
Non Current Liabilities Total120.8M176.2M813.9M2.7B2.7B2.8B
Inventory(119.0M)(128M)(133.8M)(138.8M)181.8M190.9M
Other Current Assets1.2B347.3M6.3B2.7B4.2B4.4B
Total Liab3.6B3.7B9.8B10.6B13.0B13.7B
Total Current Assets4.0B7.7B16.7B17.9B21.3B22.4B
Accumulated Other Comprehensive Income84.7M97.5M305.7M637M686.2M720.5M
Short Term Debt438.3M53.8M39.2M695.2M2.2B2.4B
Intangible Assets590.3M657.9M4.1B3.8B3.5B3.6B
Current Deferred Revenue1.2B891.3M4.9B2.2B74.7M71.0M
Short Term Investments119.0M128.0M6.3B4.3B1.0B1.5B
Other Liab22.5M27.4M30.4M690.9M794.5M834.3M
Net Tangible Assets742.0M1.3B5.0B7.6B8.8B9.2B
Property Plant Equipment233.9M320.8M378.6M445.7M512.6M327.1M
Long Term Debt37.1M34.1M0.0436.8M1.4B1.4B
Capital Lease Obligations115.1M160.0M162.2M339.6M288.5M229.1M
Net Invested Capital3.1B6.6B16.7B19.3B25.0B26.2B
Short Long Term Debt379.5M5.6M0.0624.7M2.1B2.3B
Net Working Capital578.2M4.1B7.7B10.0B11.0B11.5B

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Other Information on Investing in ROUTE Stock

Balance Sheet is a snapshot of the financial position of ROUTE MOBILE LIMITED at a specified time, usually calculated after every quarter, six months, or one year. ROUTE MOBILE Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ROUTE MOBILE and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ROUTE currently owns. An asset can also be divided into two categories, current and non-current.