Route Mobile Balance Sheet Health
Financial Health criteria checks 5/6
Route Mobile has a total shareholder equity of ₹20.1B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹31.7B and ₹11.6B respectively. Route Mobile's EBIT is ₹4.3B making its interest coverage ratio -43.7. It has cash and short-term investments of ₹6.8B.
Key information
9.0%
Debt to equity ratio
₹1.81b
Debt
| Interest coverage ratio | -43.7x |
| Cash | ₹6.82b |
| Equity | ₹20.08b |
| Total liabilities | ₹11.59b |
| Total assets | ₹31.67b |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With Route Mobile's (NSE:ROUTE) Returns On Capital
Apr 19
Route Mobile Limited Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next
Jan 26Route Mobile (NSE:ROUTE) Is Reinvesting At Lower Rates Of Return
Dec 16Route Mobile (NSE:ROUTE) Has Affirmed Its Dividend Of ₹3.00
Oct 31Does Route Mobile (NSE:ROUTE) Deserve A Spot On Your Watchlist?
Jun 07Returns On Capital At Route Mobile (NSE:ROUTE) Paint A Concerning Picture
May 16Route Mobile (NSE:ROUTE) Is Paying Out A Larger Dividend Than Last Year
Jan 29Route Mobile (NSE:ROUTE) Has Affirmed Its Dividend Of ₹2.00
Jul 03There Are Reasons To Feel Uneasy About Route Mobile's (NSE:ROUTE) Returns On Capital
May 21Is Now The Time To Put Route Mobile (NSE:ROUTE) On Your Watchlist?
Nov 04Shareholders Will Be Pleased With The Quality of Route Mobile's (NSE:ROUTE) Earnings
May 25Who Has Been Selling Route Mobile Limited (NSE:ROUTE) Shares?
Mar 07Earnings Tell The Story For Route Mobile Limited (NSE:ROUTE) As Its Stock Soars 30%
Feb 11Route Mobile Limited's (NSE:ROUTE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 08What Kind Of Shareholders Hold The Majority In Route Mobile Limited's (NSE:ROUTE) Shares?
Jan 11
Financial Position Analysis
Short Term Liabilities: ROUTE's short term assets (₹19.7B) exceed its short term liabilities (₹9.6B).
Long Term Liabilities: ROUTE's short term assets (₹19.7B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: ROUTE has more cash than its total debt.
Reducing Debt: ROUTE's debt to equity ratio has reduced from 37.7% to 9% over the past 5 years.
Debt Coverage: ROUTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ROUTE earns more interest than it pays, so coverage of interest payments is not a concern.