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Route Mobile (BOM:543228) Equity-to-Asset : 0.62 (As of Mar. 2024)


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What is Route Mobile Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Route Mobile's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹21,496 Mil. Route Mobile's Total Assets for the quarter that ended in Mar. 2024 was ₹34,719 Mil. Therefore, Route Mobile's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.62.

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

BOM:543228' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.62   Max: 0.64
Current: 0.62

During the past 7 years, the highest Equity to Asset Ratio of Route Mobile was 0.64. The lowest was 0.36. And the median was 0.62.

BOM:543228's Equity-to-Asset is ranked better than
80.77% of 390 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs BOM:543228: 0.62

Route Mobile Equity-to-Asset Historical Data

The historical data trend for Route Mobile's Equity-to-Asset 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.

* Premium members only.

Route Mobile Equity-to-Asset Chart

Route Mobile Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.43 0.64 0.63 0.63 0.62

Route Mobile Quarterly Data
Mar18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.63 0.63 - 0.62

Competitive Comparison of Route Mobile's Equity-to-Asset

For the Telecom Services subindustry, Route Mobile's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Telecommunication Services Industry

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

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



Route Mobile Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Route Mobile's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=21495.9/34719.4
=0.62

Route Mobile's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=21495.9/34719.4
=0.62

* 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.


Route Mobile  (BOM:543228) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Route Mobile Equity-to-Asset Related Terms

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


Route Mobile (BOM:543228) Business Description

Traded in Other Exchanges
Address
4th Dimension, 3rd Floor, Mind space, Malad (West), Mumbai, MH, IND, 400 064
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.

Route Mobile (BOM:543228) Headlines

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