Route Mobile (BOM:543228) Cash-to-Debt : 2.09 (As of Mar. 2024)

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What is Route Mobile Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Route Mobile's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.09.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Route Mobile could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Route Mobile's Cash-to-Debt or its related term are showing as below:

BOM:543228' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96 Med: 2.09 Max: 64.09
Current: 2.09

During the past 7 years, Route Mobile's highest Cash to Debt Ratio was 64.09. The lowest was 0.96. And the median was 2.09.

BOM:543228's Cash-to-Debt is ranked better than
78.04% of 378 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs BOM:543228: 2.09

Route Mobile Cash-to-Debt Historical Data

The historical data trend for Route Mobile's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Route Mobile Cash-to-Debt Chart

Route Mobile Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

1.74

24.07

64.09

6.38

2.09

Route Mobile Quarterly Data
	Mar18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	6.38	3.86	N/A	2.09

Competitive Comparison of Route Mobile's Cash-to-Debt

For the Telecom Services subindustry, Route Mobile's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Route Mobile's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Route Mobile's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Route Mobile's Cash-to-Debt falls into.

Route Mobile Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Route Mobile's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	7891.3	/	(2239.3	+	1545.6)
	=	2.08

Route Mobile's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	7891.3	/	(2239.3	+	1545.6)
	=	2.08

Route Mobile (BOM:543228) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Route Mobile Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Route Mobile's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Route Mobile (BOM:543228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Route Mobile Ltd (BOM:543228) » Definitions » Cash-to-Debt

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ROUTE:India

Address

4th Dimension, 3rd Floor, Mind space, Malad (West), Mumbai, MH, IND, 400 064

Website

https://www.routemobile.com

Route Mobile Ltd is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). Its range of enterprise communication services includes smart solutions in Messaging, Voice, Email, SMS Filtering, Analytics, and Monetization. The company's products and services include Messaging; Operator; Voice; Email; Identity Solution; and Bespoke Solutions. Its geographical operations are spread across India, Dubai, United Kingdom and Nigeria.

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