ROUTE Cash vs Other Current Assets Analysis

ROUTE Stock

1,015 7.95 0.78%

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 Cash and its Other Current Assets 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.

Cash vs Other Current Assets

Cash vs Other Current Assets Correlation Analysis

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

The correlation between ROUTE MOBILE's Cash and Other Current Assets is 0.81. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets 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 Cash and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of ROUTE MOBILE LIMITED are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., ROUTE MOBILE's Cash and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash

Cash refers to the most liquid asset of ROUTE MOBILE LIMITED, which is listed under current asset account on ROUTE MOBILE LIMITED balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ROUTE MOBILE customers. The amounts must be unrestricted with restricted cash listed in a different ROUTE MOBILE account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 25th of February 2025, Tax Provision is likely to grow to about 799.8 M, while Selling General Administrative is likely to drop about 31.7 M.

	2022	2023	2024	2025 (projected)
Gross Profit	7.9B	6.6B	7.6B	8.0B
Total Revenue	35.7B	40.2B	46.3B	48.6B

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		0.88	0.33	0.99	1.0	0.93	-0.5	0.98	0.97	0.94	1.0	0.89	0.94	0.9	0.98	0.99	0.89	0.96	0.37	0.91	0.98	1.0	1.0	0.82	0.97	0.69
Short Long Term Debt Total	0.88		0.02	0.87	0.87	0.85	-0.1	0.94	0.94	0.79	0.89	0.98	0.9	0.59	0.94	0.82	0.8	0.91	0.67	0.72	0.77	0.89	0.87	0.96	0.77	0.54
Other Current Liab	0.33	0.02		0.41	0.32	0.28	-0.44	0.19	0.13	0.29	0.32	0.03	0.07	0.53	0.21	0.4	0.33	0.07	-0.21	0.66	0.43	0.34	0.33	0.05	0.47	0.42
Total Current Liabilities	0.99	0.87	0.41		0.98	0.94	-0.5	0.97	0.95	0.94	0.99	0.87	0.93	0.9	0.97	0.98	0.89	0.92	0.35	0.94	0.96	1.0	0.99	0.82	0.97	0.74
Total Stockholder Equity	1.0	0.87	0.32	0.98		0.92	-0.51	0.98	0.97	0.95	1.0	0.89	0.93	0.91	0.98	0.99	0.88	0.96	0.36	0.91	0.98	0.99	1.0	0.81	0.97	0.67
Property Plant And Equipment Net	0.93	0.85	0.28	0.94	0.92		-0.48	0.92	0.91	0.91	0.93	0.81	0.94	0.84	0.92	0.92	0.9	0.9	0.31	0.83	0.86	0.94	0.92	0.83	0.91	0.84
Net Debt	-0.5	-0.1	-0.44	-0.5	-0.51	-0.48		-0.41	-0.4	-0.69	-0.45	-0.17	-0.44	-0.78	-0.38	-0.51	-0.44	-0.35	0.38	-0.46	-0.58	-0.47	-0.53	-0.02	-0.55	-0.58
Retained Earnings	0.98	0.94	0.19	0.97	0.98	0.92	-0.41		1.0	0.93	0.98	0.95	0.97	0.82	1.0	0.95	0.87	0.97	0.45	0.84	0.92	0.98	0.98	0.89	0.92	0.66
Accounts Payable	0.97	0.94	0.13	0.95	0.97	0.91	-0.4	1.0		0.93	0.97	0.96	0.97	0.8	0.99	0.93	0.84	0.96	0.46	0.8	0.9	0.97	0.97	0.88	0.89	0.65
Cash	0.94	0.79	0.29	0.94	0.95	0.91	-0.69	0.93	0.93		0.92	0.82	0.92	0.91	0.92	0.91	0.85	0.88	0.25	0.81	0.92	0.94	0.95	0.71	0.9	0.75
Non Current Assets Total	1.0	0.89	0.32	0.99	1.0	0.93	-0.45	0.98	0.97	0.92		0.9	0.94	0.88	0.99	0.99	0.9	0.96	0.4	0.92	0.97	1.0	0.99	0.84	0.97	0.68
Non Currrent Assets Other	0.89	0.98	0.03	0.87	0.89	0.81	-0.17	0.95	0.96	0.82	0.9		0.9	0.62	0.96	0.83	0.77	0.91	0.63	0.72	0.8	0.89	0.89	0.93	0.77	0.5
Other Assets	0.94	0.9	0.07	0.93	0.93	0.94	-0.44	0.97	0.97	0.92	0.94	0.9		0.79	0.96	0.9	0.85	0.96	0.35	0.75	0.86	0.95	0.94	0.83	0.87	0.68
Cash And Short Term Investments	0.9	0.59	0.53	0.9	0.91	0.84	-0.78	0.82	0.8	0.91	0.88	0.62	0.79		0.82	0.93	0.82	0.8	0.03	0.89	0.95	0.89	0.91	0.53	0.95	0.72
Net Receivables	0.98	0.94	0.21	0.97	0.98	0.92	-0.38	1.0	0.99	0.92	0.99	0.96	0.96	0.82		0.95	0.87	0.97	0.47	0.86	0.93	0.98	0.98	0.89	0.92	0.64
Good Will	0.99	0.82	0.4	0.98	0.99	0.92	-0.51	0.95	0.93	0.91	0.99	0.83	0.9	0.93	0.95		0.89	0.94	0.3	0.94	0.99	0.98	0.99	0.78	1.0	0.69
Common Stock Shares Outstanding	0.89	0.8	0.33	0.89	0.88	0.9	-0.44	0.87	0.84	0.85	0.9	0.77	0.85	0.82	0.87	0.89		0.86	0.34	0.83	0.86	0.9	0.88	0.77	0.89	0.76
Non Current Liabilities Total	0.96	0.91	0.07	0.92	0.96	0.9	-0.35	0.97	0.96	0.88	0.96	0.91	0.96	0.8	0.97	0.94	0.86		0.45	0.78	0.91	0.95	0.95	0.85	0.91	0.58
Inventory	0.37	0.67	-0.21	0.35	0.36	0.31	0.38	0.45	0.46	0.25	0.4	0.63	0.35	0.03	0.47	0.3	0.34	0.45		0.23	0.26	0.37	0.35	0.65	0.25	0.02
Other Current Assets	0.91	0.72	0.66	0.94	0.91	0.83	-0.46	0.84	0.8	0.81	0.92	0.72	0.75	0.89	0.86	0.94	0.83	0.78	0.23		0.93	0.92	0.91	0.69	0.95	0.68
Other Stockholder Equity	0.98	0.77	0.43	0.96	0.98	0.86	-0.58	0.92	0.9	0.92	0.97	0.8	0.86	0.95	0.93	0.99	0.86	0.91	0.26	0.93		0.96	0.98	0.71	0.99	0.64
Total Liab	1.0	0.89	0.34	1.0	0.99	0.94	-0.47	0.98	0.97	0.94	1.0	0.89	0.95	0.89	0.98	0.98	0.9	0.95	0.37	0.92	0.96		0.99	0.84	0.97	0.72
Total Current Assets	1.0	0.87	0.33	0.99	1.0	0.92	-0.53	0.98	0.97	0.95	0.99	0.89	0.94	0.91	0.98	0.99	0.88	0.95	0.35	0.91	0.98	0.99		0.81	0.97	0.69
Short Term Debt	0.82	0.96	0.05	0.82	0.81	0.83	-0.02	0.89	0.88	0.71	0.84	0.93	0.83	0.53	0.89	0.78	0.77	0.85	0.65	0.69	0.71	0.84	0.81		0.73	0.55
Intangible Assets	0.97	0.77	0.47	0.97	0.97	0.91	-0.55	0.92	0.89	0.9	0.97	0.77	0.87	0.95	0.92	1.0	0.89	0.91	0.25	0.95	0.99	0.97	0.97	0.73		0.7
Common Stock	0.69	0.54	0.42	0.74	0.67	0.84	-0.58	0.66	0.65	0.75	0.68	0.5	0.68	0.72	0.64	0.69	0.76	0.58	0.02	0.68	0.64	0.72	0.69	0.55	0.7

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ROUTE MOBILE Account Relationship Matchups

ROUTE MOBILE fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.2B	26.6B	28.9B	34.7B	39.9B	41.9B
Short Long Term Debt Total	199.7M	162.2M	1.4B	3.8B	4.4B	4.6B
Other Current Liab	703.1M	6.2B	(224.3M)	703.3M	808.8M	1.0B
Total Current Liabilities	3.6B	9.0B	7.8B	10.4B	11.9B	12.5B
Total Stockholder Equity	6.5B	16.7B	18.2B	21.5B	24.7B	26.0B
Property Plant And Equipment Net	378.6M	445.7M	679.2M	637.4M	733.0M	769.7M
Net Debt	(4.5B)	(3.9B)	(3.4B)	(1.5B)	(1.3B)	(1.4B)
Retained Earnings	3.4B	4.8B	7.3B	10.4B	12.0B	12.6B
Accounts Payable	2.4B	2.4B	4.7B	6.7B	7.7B	8.1B
Cash	4.7B	4.1B	4.8B	5.2B	6.0B	6.3B
Non Current Assets Total	2.5B	9.9B	11.0B	13.4B	15.4B	16.2B
Non Currrent Assets Other	512.9M	311.6M	1.1B	4.0B	4.6B	4.8B
Other Assets	457.6M	559.4M	367M	1.2B	1.4B	1.4B
Cash And Short Term Investments	4.8B	10.4B	9.2B	6.4B	7.4B	7.8B
Net Receivables	2.5B	5.2B	7.0B	10.7B	12.3B	12.9B
Good Will	902.5M	5.0B	5.2B	5.1B	5.9B	6.2B
Common Stock Shares Outstanding	55.0M	60.6M	63.0M	62.8M	72.2M	60.1M
Liabilities And Stockholders Equity	10.2B	26.6B	28.9B	34.7B	39.9B	41.9B
Non Current Liabilities Total	176.2M	813.9M	2.7B	2.7B	3.1B	3.2B
Inventory	(128M)	(133.8M)	(138.8M)	181.8M	163.6M	171.8M
Other Current Assets	347.3M	6.3B	2.7B	4.2B	4.8B	5.0B
Other Stockholder Equity	2.4B	11.0B	9.7B	9.8B	11.2B	11.8B
Total Liab	3.7B	9.8B	10.6B	13.0B	15.0B	15.7B
Total Current Assets	7.7B	16.7B	17.9B	21.3B	24.5B	25.7B
Accumulated Other Comprehensive Income	97.5M	305.7M	637M	686.2M	789.1M	828.6M
Short Term Debt	53.8M	39.2M	695.2M	2.2B	2.6B	2.7B
Intangible Assets	657.9M	4.1B	3.8B	3.5B	4.0B	4.2B
Common Stock	577.1M	628.7M	624.4M	627.9M	722.1M	432.5M
Current Deferred Revenue	891.3M	4.9B	2.2B	74.7M	85.9M	81.6M
Short Term Investments	128.0M	6.3B	4.3B	861.6M	990.8M	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	34.1M	0.0	436.8M	1.4B	1.6B	1.6B
Capital Lease Obligations	160.0M	162.2M	339.6M	288.5M	331.8M	229.1M
Net Invested Capital	6.6B	16.7B	19.3B	25.0B	28.7B	30.2B
Short Long Term Debt	5.6M	0.0	624.7M	2.1B	2.5B	2.6B
Net Working Capital	4.1B	7.7B	10.0B	11.0B	12.6B	13.2B
Capital Stock	577.1M	628.7M	624.4M	627.9M	722.1M	634.0M
Property Plant And Equipment Gross	839.2M	1.0B	679.2M	637.4M	573.7M	631.2M

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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 Cash vs Other Current Assets Analysis

Cash vs Other Current Assets

Cash vs Other Current Assets Correlation Analysis

Correlation Coefficient

Cash

Other Current Assets

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

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Stockholder Equity

Cash And Short Term Investments	- 0.78	Net Debt
Cash	- 0.69	Net Debt
Common Stock	- 0.58	Net Debt
Other Stockholder Equity	- 0.58	Net Debt
Intangible Assets	- 0.55	Net Debt
Total Current Assets	- 0.53	Net Debt