Root Other Current Assets from 2010 to 2024

ROOT Stock  USD 99.81  0.75  0.76%   
Root Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets will likely drop to about 832.4 M in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
953.1 M
Current Value
832.4 M
Quarterly Volatility
464.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Root financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Root's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 34.4 M or Depreciation And Amortization of 7.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.57. Root financial statements analysis is a perfect complement when working with Root Valuation or Volatility modules.
  
Check out the analysis of Root Correlation against competitors.

Latest Root's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Root Inc over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Root's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Root's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Root Other Current Assets Regression Statistics

Arithmetic Mean366,789,556
Geometric Mean79,322,397
Coefficient Of Variation126.68
Mean Deviation420,827,467
Median16,100,000
Standard Deviation464,646,390
Sample Variance215896.3T
Range1.2B
R-Value0.82
Mean Square Error74707.3T
R-Squared0.68
Significance0.0002
Slope85,593,583
Total Sum of Squares3022547.8T

Root Other Current Assets History

2024832.4 M
2023953.1 M
2022902.1 M
2021879.6 M
20201.2 B
2019542.8 M

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Other Current Assets, to determine how well the company is positioned to perform in the future. Although Root investors may analyze each financial statement separately, they are all interrelated. The changes in Root's assets and liabilities, for example, are also reflected in the revenues and expenses on on Root's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets953.1 M832.4 M

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Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.