ROUTE Operating Income vs Total Operating Expenses Analysis

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 Operating Income and its Total Operating Expenses 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.

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROUTE MOBILE LIMITED Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ROUTE MOBILE's Operating Income and Total Operating Expenses is 0.19. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses 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 Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ROUTE MOBILE LIMITED are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., ROUTE MOBILE's Operating Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from ROUTE MOBILE LIMITED operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ROUTE MOBILE LIMITED is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 30th 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 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
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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.