Root Short Term Debt from 2010 to 2024

ROOT Stock  USD 99.81  0.75  0.76%   
Root Short Term Debt yearly trend continues to be comparatively stable with very little volatility. Short Term Debt will likely drop to about 2.9 M in 2024. From the period from 2010 to 2024, Root Short Term Debt quarterly data regression had r-value of  0.15 and coefficient of variation of  160.50. View All Fundamentals
 
Short Term Debt  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.9 M
Quarterly Volatility
32.4 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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Root Inc over the last few years. It is Root's Short Term Debt 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.
Short Term Debt10 Years Trend
Pretty Stable
   Short Term Debt   
       Timeline  

Root Short Term Debt Regression Statistics

Arithmetic Mean20,156,667
Geometric Mean10,102,186
Coefficient Of Variation160.50
Mean Deviation21,158,222
Median10,000,000
Standard Deviation32,350,739
Sample Variance1046.6T
Range96.7M
R-Value0.15
Mean Square Error1102.6T
R-Squared0.02
Significance0.60
Slope1,066,607
Total Sum of Squares14652T

Root Short Term Debt History

20242.9 M
2023M
20223.2 M
20214.3 M
201999.5 M

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Short Term Debt, 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
Short Term DebtM2.9 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.