Route Mobile Balance Sheet Health
Financial Health criteria checks 6/6
Route Mobile has a total shareholder equity of ₹23.7B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹37.8B and ₹14.1B respectively. Route Mobile's EBIT is ₹4.3B making its interest coverage ratio 27. It has cash and short-term investments of ₹11.3B.
Key information
22.4%
Debt to equity ratio
₹5.31b
Debt
| Interest coverage ratio | 27x |
| Cash | ₹11.30b |
| Equity | ₹23.67b |
| Total liabilities | ₹14.13b |
| Total assets | ₹37.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543228's short term assets (₹27.7B) exceed its short term liabilities (₹12.7B).
Long Term Liabilities: 543228's short term assets (₹27.7B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 543228 has more cash than its total debt.
Reducing Debt: 543228's debt to equity ratio has reduced from 24.4% to 22.4% over the past 5 years.
Debt Coverage: 543228's debt is well covered by operating cash flow (40.9%).
Interest Coverage: 543228's interest payments on its debt are well covered by EBIT (27x coverage).