Root Net Receivables vs Non Current Liabilities Total Analysis

ROOT Stock

USD 135.39 36.68 37.16%

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 Net Receivables and its Non Current Liabilities Total 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.

Net Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Root Inc Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Root's Net Receivables and Non Current Liabilities Total is 0.83. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total 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 Net Receivables and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Root Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Root's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Receivables

Non Current Liabilities Total

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.

Enterprise Value is likely to gain to about 182.6 M in 2025, whereas Selling General Administrative is likely to drop slightly above 80.5 M in 2025.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	7.1M	7.8M	9.0M	6.3M
Interest Income	8.1M	32.8M	37.7M	39.6M

Depreciation And Amortization Interest Income

Root fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments
Total Assets		0.87	-0.91	0.76	0.85	0.95	0.88	0.71	-0.88	-0.89	0.97	0.99	0.72	0.42	0.59	0.93	0.97	0.94	0.13	0.65	0.73	1.0	0.8	0.69	0.92	0.98
Short Long Term Debt Total	0.87		-0.64	0.69	0.59	0.8	0.63	0.46	-0.6	-0.82	0.84	0.85	0.75	0.55	0.69	0.83	0.81	0.85	0.22	0.45	0.82	0.88	0.68	0.93	0.74	0.89
Other Current Liab	-0.91	-0.64		-0.66	-0.77	-0.94	-0.82	-0.82	0.87	0.86	-0.91	-0.89	-0.58	-0.29	-0.5	-0.92	-0.89	-0.88	-0.24	-0.65	-0.59	-0.91	-0.78	-0.48	-0.8	-0.87
Total Current Liabilities	0.76	0.69	-0.66		0.58	0.75	0.63	0.39	-0.49	-0.81	0.7	0.71	0.97	0.85	0.71	0.74	0.65	0.85	0.33	0.07	0.85	0.76	0.84	0.6	0.63	0.77
Total Stockholder Equity	0.85	0.59	-0.77	0.58		0.72	0.99	0.52	-0.94	-0.64	0.81	0.88	0.46	0.16	0.32	0.63	0.88	0.7	-0.31	0.67	0.42	0.82	0.63	0.27	0.98	0.79
Other Liab	0.95	0.8	-0.94	0.75	0.72		0.79	0.67	-0.77	-0.96	0.97	0.91	0.72	0.49	0.7	0.99	0.87	0.98	0.39	0.51	0.78	0.95	0.88	0.67	0.8	0.91
Net Tangible Assets	0.88	0.63	-0.82	0.63	0.99	0.79		0.53	-0.93	-0.72	0.87	0.91	0.52	0.23	0.42	0.71	0.9	0.77	-0.19	0.64	0.49	0.86	0.71	0.33	0.98	0.82
Property Plant And Equipment Net	0.71	0.46	-0.82	0.39	0.52	0.67	0.53		-0.76	-0.5	0.62	0.71	0.3	-0.06	0.03	0.69	0.75	0.6	0.05	0.79	0.23	0.73	0.32	0.42	0.56	0.75
Net Debt	-0.88	-0.6	0.87	-0.49	-0.94	-0.77	-0.93	-0.76		0.64	-0.84	-0.92	-0.37	-0.01	-0.23	-0.71	-0.94	-0.71	0.25	-0.85	-0.35	-0.87	-0.55	-0.35	-0.94	-0.85
Retained Earnings	-0.89	-0.82	0.86	-0.81	-0.64	-0.96	-0.72	-0.5	0.64		-0.93	-0.84	-0.82	-0.66	-0.86	-0.95	-0.79	-0.95	-0.48	-0.32	-0.9	-0.89	-0.95	-0.71	-0.74	-0.84
Accounts Payable	0.97	0.84	-0.91	0.7	0.81	0.97	0.87	0.62	-0.84	-0.93		0.96	0.67	0.42	0.69	0.95	0.94	0.93	0.22	0.6	0.76	0.96	0.86	0.66	0.9	0.92
Cash	0.99	0.85	-0.89	0.71	0.88	0.91	0.91	0.71	-0.92	-0.84	0.96		0.66	0.34	0.53	0.88	0.99	0.89	0.01	0.72	0.67	0.99	0.74	0.66	0.95	0.97
Non Current Assets Total	0.72	0.75	-0.58	0.97	0.46	0.72	0.52	0.3	-0.37	-0.82	0.67	0.66		0.92	0.8	0.73	0.59	0.82	0.43	-0.02	0.93	0.72	0.83	0.71	0.55	0.73
Non Currrent Assets Other	0.42	0.55	-0.29	0.85	0.16	0.49	0.23	-0.06	-0.01	-0.66	0.42	0.34	0.92		0.83	0.51	0.25	0.62	0.57	-0.39	0.88	0.42	0.74	0.57	0.25	0.43
Other Assets	0.59	0.69	-0.5	0.71	0.32	0.7	0.42	0.03	-0.23	-0.86	0.69	0.53	0.8	0.83		0.71	0.46	0.73	0.62	-0.11	0.95	0.58	0.9	0.64	0.44	0.53
Long Term Debt	0.93	0.83	-0.92	0.74	0.63	0.99	0.71	0.69	-0.71	-0.95	0.95	0.88	0.73	0.51	0.71		0.84	0.97	0.47	0.49	0.8	0.93	0.85	0.74	0.74	0.9
Cash And Short Term Investments	0.97	0.81	-0.89	0.65	0.88	0.87	0.9	0.75	-0.94	-0.79	0.94	0.99	0.59	0.25	0.46	0.84		0.83	-0.06	0.78	0.61	0.97	0.69	0.62	0.95	0.96
Net Receivables	0.94	0.85	-0.88	0.85	0.7	0.98	0.77	0.6	-0.71	-0.95	0.93	0.89	0.82	0.62	0.73	0.97	0.83		0.41	0.4	0.83	0.94	0.88	0.73	0.78	0.92
Common Stock Shares Outstanding	0.13	0.22	-0.24	0.33	-0.31	0.39	-0.19	0.05	0.25	-0.48	0.22	0.01	0.43	0.57	0.62	0.47	-0.06	0.41		-0.38	0.54	0.15	0.47	0.41	-0.21	0.1
Short Term Investments	0.65	0.45	-0.65	0.07	0.67	0.51	0.64	0.79	-0.85	-0.32	0.6	0.72	-0.02	-0.39	-0.11	0.49	0.78	0.4	-0.38		0.02	0.65	0.14	0.29	0.7	0.65
Non Current Liabilities Total	0.73	0.82	-0.59	0.85	0.42	0.78	0.49	0.23	-0.35	-0.9	0.76	0.67	0.93	0.88	0.95	0.8	0.61	0.83	0.54	0.02		0.73	0.89	0.79	0.55	0.71
Other Current Assets	1.0	0.88	-0.91	0.76	0.82	0.95	0.86	0.73	-0.87	-0.89	0.96	0.99	0.72	0.42	0.58	0.93	0.97	0.94	0.15	0.65	0.73		0.78	0.73	0.9	0.99
Other Stockholder Equity	0.8	0.68	-0.78	0.84	0.63	0.88	0.71	0.32	-0.55	-0.95	0.86	0.74	0.83	0.74	0.9	0.85	0.69	0.88	0.47	0.14	0.89	0.78		0.54	0.69	0.72
Total Liab	0.69	0.93	-0.48	0.6	0.27	0.67	0.33	0.42	-0.35	-0.71	0.66	0.66	0.71	0.57	0.64	0.74	0.62	0.73	0.41	0.29	0.79	0.73	0.54		0.46	0.76
Net Invested Capital	0.92	0.74	-0.8	0.63	0.98	0.8	0.98	0.56	-0.94	-0.74	0.9	0.95	0.55	0.25	0.44	0.74	0.95	0.78	-0.21	0.7	0.55	0.9	0.69	0.46		0.88
Long Term Investments	0.98	0.89	-0.87	0.77	0.79	0.91	0.82	0.75	-0.85	-0.84	0.92	0.97	0.73	0.43	0.53	0.9	0.96	0.92	0.1	0.65	0.71	0.99	0.72	0.76	0.88

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Root Account Relationship Matchups

Root fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.8B	1.3B	1.3B	1.3B	1.5B	1.2B
Short Long Term Debt Total	287.7M	14.1M	298.6M	299M	343.9M	199.0M
Other Current Liab	(137.1M)	(257.1M)	(119.8M)	(120M)	(108M)	(113.4M)
Total Current Liabilities	137.1M	130.7M	39.7M	224.2M	257.8M	270.7M
Total Stockholder Equity	1.0B	536.4M	277.1M	277.7M	319.4M	301.9M
Other Liab	149.1M	247.5M	360.1M	321.9M	370.2M	245.3M
Net Tangible Assets	(380.6M)	1.0B	648.4M	389.1M	447.5M	345.0M
Property Plant And Equipment Net	8.9M	10.3M	5.5M	6.3M	5.7M	6M
Net Debt	(934.8M)	(691.9M)	(466.7M)	(379.7M)	(341.7M)	(358.8M)
Retained Earnings	(748M)	(1.3B)	(1.6B)	(1.7B)	(1.5B)	(1.5B)
Accounts Payable	137.1M	130.7M	159.5M	120M	138M	116.0M
Cash	1.1B	706M	762.1M	678.7M	780.5M	691.8M
Non Current Assets Total	232.9M	140.2M	138.3M	669M	769.4M	807.8M
Non Currrent Assets Other	(232.9M)	(140.2M)	4M	628.9M	723.2M	759.4M
Other Assets	(62.3M)	40.1M	300.2M	250.7M	288.3M	302.7M
Long Term Debt	171M	178M	295.4M	291.1M	334.8M	206.9M
Cash And Short Term Investments	1.3B	835.9M	890.9M	678.7M	780.5M	806.5M
Net Receivables	254.9M	303.1M	260.7M	372.4M	428.3M	254.9M
Common Stock Shares Outstanding	4.2M	13.8M	14.1M	14.4M	16.6M	13.2M
Short Term Investments	224M	129.9M	128.8M	26.3M	23.7M	22.5M
Liabilities And Stockholders Equity	1.8B	1.3B	1.3B	1.3B	1.5B	1.2B
Non Current Liabilities Total	178M	144M	884.1M	1.1B	1.2B	1.3B
Other Current Assets	1.2B	879.6M	902.1M	953.1M	1.1B	832.4M
Other Stockholder Equity	537.3M	1.7B	1.7B	1.9B	2.2B	2.3B
Total Liab	729.9M	130.7M	1.0B	1.1B	1.2B	804.4M
Net Invested Capital	1.2B	536.4M	572.5M	456.8M	525.3M	455.6M
Long Term Investments	224M	134.6M	133.2M	166.8M	191.8M	147.0M
Total Current Assets	1.6B	1.1B	874.4M	678.7M	780.5M	942.3M
Property Plant Equipment	10.2M	8.9M	15.4M	9.8M	11.3M	10.6M
Inventory	(1.2B)	(879.6M)	(1.2B)	(926.7M)	(834.0M)	(875.7M)
Accumulated Other Comprehensive Income	5.6M	400K	(5.8M)	(2.5M)	(2.3M)	(2.1M)
Intangible Assets	18.5M	21.4M	26.5M	29.4M	33.8M	22.5M

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