Root Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

ROOT Stock  USD 76.29  0.03  0.04%   
Root financial indicator trend analysis is much more than just breaking down Root Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Root Inc is a good investment. Please check the relationship between Root Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Root Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Root Inc Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Root's Ev To Free Cash Flow and Free Cash Flow Yield is -0.49. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Root Inc, assuming nothing else is changed. The correlation between historical values of Root's Ev To Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Root Inc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Free Cash Flow i.e., Root's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Root's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Root Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Root Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Root's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 2.71 in 2024, whereas Selling General Administrative is likely to drop slightly above 80.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.3M7.1M12.6M7.2M
Interest Income3.5M8.1M32.8M34.4M

Root fundamental ratios Correlations

0.84-0.920.770.860.930.890.75-0.93-0.870.970.990.680.270.510.920.980.94-0.060.760.691.00.760.630.930.98
0.84-0.630.630.590.770.630.5-0.66-0.770.820.840.70.40.610.780.820.80.00.590.80.860.60.910.740.87
-0.92-0.63-0.73-0.76-0.95-0.81-0.830.880.86-0.92-0.89-0.6-0.22-0.47-0.94-0.89-0.93-0.17-0.69-0.6-0.92-0.8-0.45-0.79-0.88
0.770.63-0.730.660.790.720.56-0.66-0.740.670.720.820.560.440.720.670.860.050.330.630.770.70.460.680.78
0.860.59-0.760.660.710.990.53-0.95-0.620.810.890.450.070.280.630.880.73-0.450.710.390.820.650.220.980.8
0.930.77-0.950.790.710.790.71-0.8-0.950.950.890.70.380.650.990.860.990.260.60.760.930.90.610.790.89
0.890.63-0.810.720.990.790.54-0.94-0.710.860.910.520.150.380.710.890.8-0.330.680.480.860.750.270.980.82
0.750.5-0.830.560.530.710.54-0.76-0.520.650.740.36-0.10.020.750.760.70.050.80.260.780.370.460.570.8
-0.93-0.660.88-0.66-0.95-0.8-0.94-0.760.67-0.88-0.95-0.440.02-0.24-0.77-0.96-0.80.32-0.87-0.4-0.92-0.64-0.37-0.96-0.9
-0.87-0.770.86-0.74-0.62-0.95-0.71-0.520.67-0.92-0.81-0.82-0.61-0.84-0.94-0.78-0.95-0.37-0.39-0.91-0.86-0.91-0.64-0.71-0.81
0.970.82-0.920.670.810.950.860.65-0.88-0.920.950.630.290.650.940.940.940.080.70.740.960.860.60.890.91
0.990.84-0.890.720.890.890.910.74-0.95-0.810.950.630.20.460.871.00.9-0.160.80.640.990.710.610.950.98
0.680.7-0.60.820.450.70.520.36-0.44-0.820.630.630.870.710.670.580.780.240.090.890.690.630.640.530.7
0.270.4-0.220.560.070.380.15-0.10.02-0.610.290.20.870.760.360.140.460.45-0.390.810.270.470.430.140.27
0.510.61-0.470.440.280.650.380.02-0.24-0.840.650.460.710.760.650.40.650.53-0.050.930.50.80.550.390.42
0.920.78-0.940.720.630.990.710.75-0.77-0.940.940.870.670.360.650.850.970.340.610.760.920.850.670.730.88
0.980.82-0.890.670.880.860.890.76-0.96-0.780.941.00.580.140.40.850.87-0.190.840.590.980.660.590.940.97
0.940.8-0.930.860.730.990.80.7-0.8-0.950.940.90.780.460.650.970.870.220.560.790.950.880.640.80.91
-0.060.0-0.170.05-0.450.26-0.330.050.32-0.370.08-0.160.240.450.530.34-0.190.22-0.360.42-0.030.330.24-0.36-0.09
0.760.59-0.690.330.710.60.680.8-0.87-0.390.70.80.09-0.39-0.050.610.840.56-0.360.130.770.320.410.760.77
0.690.8-0.60.630.390.760.480.26-0.4-0.910.740.640.890.810.930.760.590.790.420.130.690.750.750.520.66
1.00.86-0.920.770.820.930.860.78-0.92-0.860.960.990.690.270.50.920.980.95-0.030.770.690.740.670.90.99
0.760.6-0.80.70.650.90.750.37-0.64-0.910.860.710.630.470.80.850.660.880.330.320.750.740.380.70.65
0.630.91-0.450.460.220.610.270.46-0.37-0.640.60.610.640.430.550.670.590.640.240.410.750.670.380.410.71
0.930.74-0.790.680.980.790.980.57-0.96-0.710.890.950.530.140.390.730.940.8-0.360.760.520.90.70.410.88
0.980.87-0.880.780.80.890.820.8-0.9-0.810.910.980.70.270.420.880.970.91-0.090.770.660.990.650.710.88
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Root Account Relationship Matchups

Root fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets728.6M1.8B1.3B1.3B1.3B1.2B
Short Long Term Debt Total171M287.7M14.1M298.6M299M199.0M
Other Current Liab(55.5M)(137.1M)(257.1M)(119.8M)(120M)(126M)
Total Current Liabilities55.5M137.1M130.7M39.7M224.2M115.0M
Total Stockholder Equity(374M)1.0B536.4M277.1M277.7M301.9M
Other Liab149.1M247.5M360.1M321.9M370.2M245.3M
Net Tangible Assets(380.6M)1.0B648.4M389.1M447.5M345.0M
Property Plant And Equipment Net10.2M8.9M10.3M5.5M6.3M6M
Net Debt(220.7M)(934.8M)(691.9M)(466.7M)(379.7M)(398.7M)
Retained Earnings(385M)(748M)(1.3B)(1.6B)(1.7B)(1.6B)
Accounts Payable55.5M137.1M130.7M159.5M120M116.0M
Cash391.7M1.1B706M762.1M678.7M691.8M
Non Current Assets Total133M232.9M140.2M138.3M669M702.5M
Non Currrent Assets Other(133M)(232.9M)(140.2M)4M628.9M660.3M
Other Assets(66.9M)(62.3M)40.1M300.2M250.7M263.2M
Cash And Short Term Investments514.5M1.3B835.9M890.9M678.7M806.5M
Net Receivables148M254.9M303.1M260.7M372.4M254.9M
Common Stock Shares Outstanding14.1M4.2M13.8M14.1M14.4M13.2M
Short Term Investments122.8M224M129.9M128.8M26.3M25.0M
Liabilities And Stockholders Equity728.6M1.8B1.3B1.3B1.3B1.2B
Non Current Liabilities Total171M178M144M884.1M1.1B1.1B
Other Current Assets542.8M1.2B879.6M902.1M953.1M832.4M
Other Stockholder Equity(550M)537.3M1.7B1.7B1.9B972.3M
Total Liab1.1B729.9M130.7M1.0B1.1B804.4M
Net Invested Capital(203M)1.2B536.4M572.5M456.8M455.6M
Long Term Investments122.8M224M134.6M133.2M166.8M147.0M
Total Current Assets662.5M1.6B1.1B874.4M678.7M942.3M
Property Plant Equipment10.2M8.9M15.4M9.8M11.3M10.6M

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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.