Root Total Current Liabilities from 2010 to 2024

ROOT Stock  USD 104.77  3.70  3.66%   
Root Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 115 M in 2024. Total Current Liabilities is the total amount of liabilities that Root Inc is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2019-12-31
Previous Quarter
282.1 M
Current Value
285.6 M
Quarterly Volatility
76.7 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Root Inc over the last few years. Total Current Liabilities is an item on Root balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Root Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Root's Total 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Root Total Current Liabilities Regression Statistics

Arithmetic Mean70,873,667
Geometric Mean57,863,302
Coefficient Of Variation78.34
Mean Deviation43,134,711
Median40,100,000
Standard Deviation55,518,961
Sample Variance3082.4T
Range184.5M
R-Value0.66
Mean Square Error1852.1T
R-Squared0.44
Significance0.01
Slope8,254,054
Total Sum of Squares43153T

Root Total Current Liabilities History

2024115 M
2023224.2 M
202239.7 M
2021130.7 M
2020137.1 M
201955.5 M

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Total Current Liabilities, 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
Total Current Liabilities224.2 M115 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.