Root
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Root's balance sheet done over the years? Its assets were worth $1,347,700,000 last year, which is more than in the previous period. 79% of Root’s total assets is currently financed by debt. Its liabilities reached the amount of $1,070,000,000, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2018 | 216000000 | 318.7M | 147.55% |
|---|---|---|---|
| 2019 | 728600000 | 1.10B | 151.33% |
| 2020 | 1762300000 | 729.9M | 41.42% |
| 2021 | 1319300000 | 130.7M | 9.91% |
| 2022 | 1312900000 | 1.03B | 78.89% |
| 2023 | 1347700000 | 1.07B | 79.39% |
ROOT Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 678.7M | 762.1M | 706M | 1.11B | 391.7M | 122.3M |
Short term investments | 26.3M | 128.8M | 129.9M | 224M | 122.8M | 20.2M |
Net receivables | 0 | 260.7M | 303.1M | 254.9M | 148M | 51.1M |
Inventory | 0 | -1.17B | -879.6M | -1.24B | -542.8M | 0 |
Other current assets | 0 | 902.1M | 879.6M | 1.24B | 542.8M | 0 |
Total current assets | 678.7M | 874.4M | 1.13B | 1.59B | 662.5M | 193.6M |
Non-current assets: | ||||||
Property, Plant and Equipment | 6.3M | 5.5M | 10.3M | 8.9M | 10.2M | 3.8M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 29.4M | 26.5M | 21.4M | 18.5M | 6.6M | 0 |
Long term investments | 4.4M | 128.8M | 129.9M | 224M | 122.8M | 20.2M |
Other non-current assets | 628.9M | 4M | -140.2M | -232.9M | -133M | -24M |
Total non-current assets | 669M | 138.3M | 140.2M | 232.9M | 133M | 24M |
Total assets | 1.34B | 1.31B | 1.31B | 1.76B | 728.6M | 216M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 0 | -3.2M | 126.4M | 37.6M | -44M | 0 |
Short term debt | 0 | 3.2M | 4.3M | 99.5M | 99.5M | 10M |
Total current liabilities | 0 | 39.7M | 130.7M | 137.1M | 55.5M | 40.1M |
| Non-current liabilities: | ||||||
Long term debt | 299M | 295.4M | 0 | 178M | 171M | 4.9M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 771M | 588.7M | 144M | -178M | -171M | 0 |
Total non-current liabilities | 1.07B | 884.1M | 144M | 178M | 171M | 4.9M |
Total liabilities | 1.07B | 1.03B | 130.7M | 729.9M | 1.10B | 318.7M |
| Data source | Data source | Data source | Data source |