Root Inc
NASDAQ:ROOT

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Root Inc
NASDAQ:ROOT
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Price: 70.48 USD 2.23% Market Closed
Market Cap: $1.1B

Balance Sheet

Balance Sheet Decomposition
Root Inc

Balance Sheet
Root Inc

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Balance Sheet
Currency: USD
Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023 Dec-2024
Assets
Cash & Cash Equivalents
122
392
1 113
706
762
679
599
Cash Equivalents
122
392
1 113
706
762
679
599
Insurance Receivable
35
123
130
148
112
247
305
Deferred Policy Acquisition Cost
2
3
0
0
0
0
29
Other Current Assets
13
17
113
101
74
48
25
Total Current Assets
13
17
113
101
74
48
25
PP&E Net
4
10
9
15
10
6
4
PP&E Gross
4
10
9
15
10
6
4
Accumulated Depreciation
1
2
5
10
13
13
14
Intangible Assets
3
7
10
13
16
19
22
Long-Term Investments
5
119
222
135
133
170
296
Other Long-Term Assets
15
28
4
1
1
2
16
Other Assets
18
29
163
201
204
176
198
Total Assets
216
N/A
729
+237%
1 762
+142%
1 319
-25%
1 313
0%
1 348
+3%
1 496
+11%
Liabilities
Insurance Policy Liabilities
100
312
483
602
544
622
800
Accounts Payable
11
30
48
29
40
66
71
Accrued Liabilities
0
0
0
14
18
16
10
Short-Term Debt
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
0
100
100
0
0
0
0
Total Current Liabilities
11
129
148
43
58
82
81
Long-Term Debt
15
93
89
0
288
291
196
Other Liabilities
3
8
10
26
35
75
103
Total Liabilities
129
N/A
542
+320%
730
+35%
671
-8%
924
+38%
1 070
+16%
1 180
+10%
Equity
Common Stock
190
560
0
112
112
112
112
Retained Earnings
103
385
748
1 270
1 568
1 715
1 682
Additional Paid In Capital
0
11
1 776
1 806
1 851
1 883
1 888
Unrealized Security Profit/Loss
0
1
6
0
6
3
2
Treasury Stock
0
0
1
0
0
0
0
Other Equity
0
0
0
0
0
0
0
Total Equity
87
N/A
186
+114%
1 032
+454%
648
-37%
389
-40%
278
-29%
316
+14%
Total Liabilities & Equity
216
N/A
729
+237%
1 762
+142%
1 319
-25%
1 313
0%
1 348
+3%
1 496
+11%
Shares Outstanding
Common Shares Outstanding
14
14
14
14
14
15
15
Preferred Shares Outstanding
0
0
0
14
14
14
14