ROUTE Stock | | | 1,440 25.85 1.76% |
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 Non Currrent Assets Other 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 Non Currrent Assets Other
Other Current Liab vs Non Currrent Assets Other 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
Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between ROUTE MOBILE's Other Current Liab and Non Currrent Assets Other is 0.03. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., ROUTE MOBILE's Other Current Liab and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Current Liab
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 29th of November 2024,
Tax Provision is likely to grow to about 695.5
M, while
Selling General Administrative is likely to drop about 27.6
M.
ROUTE MOBILE fundamental ratios Correlations
Click cells to compare fundamentals
ROUTE MOBILE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ROUTE MOBILE fundamental ratios Accounts
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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.