Root Other Current Liab from 2010 to 2024

ROOT Stock  USD 109.23  0.17  0.16%   
Root Other Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Other Current Liabilities will likely drop to about -126 M in 2024. From the period from 2010 to 2024, Root Other Current Liabilities quarterly data regression had r-value of (0.80) and coefficient of variation of (388.38). View All Fundamentals
 
Other Current Liabilities  
First Reported
2019-12-31
Previous Quarter
-110.6 M
Current Value
175.4 M
Quarterly Volatility
94.5 M
 
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 Liab Growth Pattern

Below is the plot of the Other Current Liab of Root Inc over the last few years. It is Root's Other Current Liabilities 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 Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Root Other Current Liab Regression Statistics

Arithmetic Mean(25,986,667)
Geometric Mean69,429,829
Coefficient Of Variation(388.38)
Mean Deviation87,944,000
Median47,300,000
Standard Deviation100,928,234
Sample Variance10186.5T
Range304.4M
R-Value(0.80)
Mean Square Error4022.6T
R-Squared0.63
Significance0.0004
Slope(17,960,000)
Total Sum of Squares142611.1T

Root Other Current Liab History

2024-126 M
2023-120 M
2022-119.8 M
2021-257.1 M
2020-137.1 M
2019-55.5 M

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Other Current Liab, 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 Liabilities-120 M-126 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.