ROUTE Total Current Liabilities vs Common Stock Analysis

ROUTE Stock

1,408 1.90 0.13%

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 Total Current Liabilities and its Common Stock 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.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROUTE MOBILE LIMITED Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between ROUTE MOBILE's Total Current Liabilities and Common Stock is 0.73. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock 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 Total Current Liabilities and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of ROUTE MOBILE LIMITED are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., ROUTE MOBILE's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

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Total Current Liabilities

Total Current Liabilities is an item on ROUTE MOBILE balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ROUTE MOBILE LIMITED are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock

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 26th 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.

	2021	2022	2023	2024 (projected)
Gross Profit	4.2B	7.9B	6.6B	6.9B
Total Revenue	20.0B	35.7B	40.2B	42.2B

Gross Profit Total Revenue

ROUTE MOBILE fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.82	0.39	0.99	1.0	0.79	-0.62	0.98	0.96	0.92	1.0	0.84	0.92	0.94	0.98	0.99	0.9	0.93	-0.29	0.93	0.97	0.99	1.0	0.74	0.97	0.66
Short Long Term Debt Total	0.82		0.02	0.81	0.8	0.62	-0.17	0.9	0.9	0.7	0.84	0.97	0.89	0.59	0.91	0.75	0.72	0.84	0.1	0.78	0.68	0.84	0.8	0.94	0.7	0.48
Other Current Liab	0.39	0.02		0.48	0.38	0.34	-0.44	0.23	0.16	0.33	0.38	0.03	0.07	0.54	0.26	0.46	0.44	0.08	-0.31	0.6	0.49	0.4	0.39	0.06	0.53	0.45
Total Current Liabilities	0.99	0.81	0.48		0.98	0.82	-0.61	0.96	0.94	0.91	0.98	0.82	0.9	0.93	0.96	0.97	0.9	0.88	-0.3	0.95	0.95	0.99	0.98	0.73	0.96	0.73
Total Stockholder Equity	1.0	0.8	0.38	0.98		0.77	-0.64	0.97	0.95	0.93	0.99	0.84	0.91	0.95	0.97	0.99	0.89	0.93	-0.3	0.93	0.98	0.99	1.0	0.73	0.97	0.64
Property Plant And Equipment Net	0.79	0.62	0.34	0.82	0.77		-0.59	0.76	0.74	0.79	0.79	0.54	0.78	0.78	0.75	0.8	0.91	0.75	-0.33	0.68	0.73	0.82	0.79	0.61	0.8	0.9
Net Debt	-0.62	-0.17	-0.44	-0.61	-0.64	-0.59		-0.54	-0.53	-0.82	-0.56	-0.26	-0.51	-0.82	-0.5	-0.61	-0.6	-0.47	0.6	-0.47	-0.69	-0.59	-0.65	-0.06	-0.64	-0.62
Retained Earnings	0.98	0.9	0.23	0.96	0.97	0.76	-0.54		0.99	0.91	0.97	0.93	0.97	0.86	1.0	0.93	0.85	0.94	-0.23	0.89	0.91	0.97	0.98	0.83	0.9	0.63
Accounts Payable	0.96	0.9	0.16	0.94	0.95	0.74	-0.53	0.99		0.91	0.95	0.93	0.98	0.83	0.99	0.9	0.81	0.93	-0.23	0.85	0.87	0.96	0.96	0.82	0.86	0.61
Cash	0.92	0.7	0.33	0.91	0.93	0.79	-0.82	0.91	0.91		0.9	0.75	0.89	0.93	0.89	0.88	0.85	0.83	-0.38	0.79	0.89	0.91	0.94	0.6	0.87	0.73
Non Current Assets Total	1.0	0.84	0.38	0.98	0.99	0.79	-0.56	0.97	0.95	0.9		0.85	0.92	0.92	0.98	0.99	0.91	0.94	-0.25	0.94	0.96	0.99	0.99	0.77	0.97	0.65
Non Currrent Assets Other	0.84	0.97	0.03	0.82	0.84	0.54	-0.26	0.93	0.93	0.75	0.85		0.89	0.63	0.93	0.76	0.66	0.83	-0.01	0.8	0.73	0.84	0.84	0.89	0.7	0.42
Other Assets	0.92	0.89	0.07	0.9	0.91	0.78	-0.51	0.97	0.98	0.89	0.92	0.89		0.79	0.96	0.87	0.82	0.94	-0.25	0.78	0.82	0.93	0.92	0.78	0.83	0.62
Cash And Short Term Investments	0.94	0.59	0.54	0.93	0.95	0.78	-0.82	0.86	0.83	0.93	0.92	0.63	0.79		0.86	0.95	0.88	0.83	-0.44	0.87	0.97	0.93	0.95	0.5	0.96	0.7
Net Receivables	0.98	0.91	0.26	0.96	0.97	0.75	-0.5	1.0	0.99	0.89	0.98	0.93	0.96	0.86		0.94	0.85	0.94	-0.21	0.91	0.91	0.98	0.98	0.84	0.91	0.61
Good Will	0.99	0.75	0.46	0.97	0.99	0.8	-0.61	0.93	0.9	0.88	0.99	0.76	0.87	0.95	0.94		0.92	0.92	-0.32	0.93	0.98	0.98	0.98	0.69	1.0	0.66
Common Stock Shares Outstanding	0.9	0.72	0.44	0.9	0.89	0.91	-0.6	0.85	0.81	0.85	0.91	0.66	0.82	0.88	0.85	0.92		0.85	-0.24	0.84	0.87	0.91	0.89	0.69	0.92	0.76
Non Current Liabilities Total	0.93	0.84	0.08	0.88	0.93	0.75	-0.47	0.94	0.93	0.83	0.94	0.83	0.94	0.83	0.94	0.92	0.85		-0.2	0.79	0.89	0.92	0.93	0.76	0.89	0.54
Inventory	-0.29	0.1	-0.31	-0.3	-0.3	-0.33	0.6	-0.23	-0.23	-0.38	-0.25	-0.01	-0.25	-0.44	-0.21	-0.32	-0.24	-0.2		-0.22	-0.35	-0.28	-0.32	0.1	-0.34	-0.39
Other Current Assets	0.93	0.78	0.6	0.95	0.93	0.68	-0.47	0.89	0.85	0.79	0.94	0.8	0.78	0.87	0.91	0.93	0.84	0.79	-0.22		0.92	0.94	0.93	0.73	0.93	0.6
Other Stockholder Equity	0.97	0.68	0.49	0.95	0.98	0.73	-0.69	0.91	0.87	0.89	0.96	0.73	0.82	0.97	0.91	0.98	0.87	0.89	-0.35	0.92		0.95	0.97	0.61	0.98	0.59
Total Liab	0.99	0.84	0.4	0.99	0.99	0.82	-0.59	0.97	0.96	0.91	0.99	0.84	0.93	0.93	0.98	0.98	0.91	0.92	-0.28	0.94	0.95		0.99	0.76	0.96	0.7
Total Current Assets	1.0	0.8	0.39	0.98	1.0	0.79	-0.65	0.98	0.96	0.94	0.99	0.84	0.92	0.95	0.98	0.98	0.89	0.93	-0.32	0.93	0.97	0.99		0.72	0.96	0.67
Short Term Debt	0.74	0.94	0.06	0.73	0.73	0.61	-0.06	0.83	0.82	0.6	0.77	0.89	0.78	0.5	0.84	0.69	0.69	0.76	0.1	0.73	0.61	0.76	0.72		0.64	0.48
Intangible Assets	0.97	0.7	0.53	0.96	0.97	0.8	-0.64	0.9	0.86	0.87	0.97	0.7	0.83	0.96	0.91	1.0	0.92	0.89	-0.34	0.93	0.98	0.96	0.96	0.64		0.67
Common Stock	0.66	0.48	0.45	0.73	0.64	0.9	-0.62	0.63	0.61	0.73	0.65	0.42	0.62	0.7	0.61	0.66	0.76	0.54	-0.39	0.6	0.59	0.7	0.67	0.48	0.67

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ROUTE MOBILE Account Relationship Matchups

ROUTE MOBILE fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	10.2B	26.6B	28.9B	34.7B	36.5B
Short Long Term Debt Total	531.7M	199.7M	162.2M	1.4B	3.8B	4.0B
Other Current Liab	918.8M	703.1M	6.2B	(224.3M)	703.3M	1.0B
Total Current Liabilities	3.5B	3.6B	9.0B	7.8B	10.4B	10.9B
Total Stockholder Equity	2.7B	6.5B	16.7B	18.2B	21.5B	22.6B
Property Plant And Equipment Net	320.6M	378.6M	445.7M	679.2M	637.4M	342.2M
Net Debt	(274.6M)	(4.5B)	(3.9B)	(3.4B)	(1.6B)	(1.7B)
Retained Earnings	2.1B	3.4B	4.8B	7.3B	10.4B	11.0B
Accounts Payable	1.8B	2.4B	2.4B	4.7B	6.7B	7.1B
Cash	806.3M	4.7B	4.1B	4.8B	5.2B	5.5B
Non Current Assets Total	2.2B	2.5B	9.9B	11.0B	13.4B	14.1B
Non Currrent Assets Other	420.2M	512.9M	311.6M	1.1B	4.0B	4.2B
Other Assets	457.6M	559.4M	367M	1.2B	1.4B	1.4B
Cash And Short Term Investments	925.3M	4.8B	10.4B	9.2B	7.7B	8.1B
Net Receivables	2.1B	2.5B	5.2B	7.0B	10.7B	11.3B
Good Will	854.5M	902.5M	5.0B	5.2B	5.1B	5.4B
Liabilities And Stockholders Equity	6.3B	10.2B	26.6B	28.9B	34.7B	36.5B
Non Current Liabilities Total	120.8M	176.2M	813.9M	2.7B	2.4B	2.5B
Inventory	(106.7M)	(119.0M)	(128M)	(133.8M)	(138.8M)	1.05
Other Current Assets	1.2B	347.3M	6.3B	2.7B	6.2B	6.5B
Total Liab	3.6B	3.7B	9.8B	10.6B	13.0B	13.7B
Total Current Assets	4.0B	7.7B	16.7B	17.9B	21.3B	22.4B
Accumulated Other Comprehensive Income	84.7M	97.5M	305.7M	637M	686.2M	720.5M
Short Term Debt	438.3M	53.8M	39.2M	695.2M	2.2B	2.4B
Intangible Assets	590.3M	657.9M	4.1B	3.8B	3.5B	3.6B
Current Deferred Revenue	1.2B	891.3M	4.9B	2.2B	74.7M	71.0M
Short Term Investments	119.0M	128.0M	6.3B	4.3B	1.4B	1.5B
Other Liab	22.5M	27.4M	30.4M	690.9M	794.5M	834.3M
Net Tangible Assets	742.0M	1.3B	5.0B	7.6B	8.8B	9.2B
Property Plant Equipment	233.9M	320.8M	378.6M	445.7M	512.6M	327.1M
Long Term Debt	37.1M	34.1M	0.0	436.8M	1.4B	1.4B
Capital Lease Obligations	115.1M	160.0M	162.2M	339.6M	288.5M	229.1M
Net Invested Capital	3.1B	6.6B	16.7B	19.3B	25.0B	26.2B
Short Long Term Debt	379.5M	5.6M	0.0	624.7M	2.1B	2.3B
Net Working Capital	578.2M	4.1B	7.7B	10.0B	11.0B	11.5B

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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.

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ROUTE Total Current Liabilities vs Common Stock Analysis

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Common Stock

ROUTE MOBILE fundamental ratios Correlations

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

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Retained Earnings
Intangible Assets	+ 1.0	Good Will

Cash And Short Term Investments	- 0.82	Net Debt
Cash	- 0.82	Net Debt
Other Stockholder Equity	- 0.69	Net Debt
Total Current Assets	- 0.65	Net Debt
Intangible Assets	- 0.64	Net Debt
Net Debt	- 0.64	Total Stockholder Equity