Root
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Root generated cash of -$33,600,000, which is more than the previous year. Cash used in financing activities reached the amount of -$4,099,999 last year. Net change in cash is therefore -$83,400,000.
Cash Flow
| 2018 | -26.1M | -20.6M | 150.9M |
|---|---|---|---|
| 2019 | -127.2M | -114M | 535.5M |
| 2020 | -287.2M | -114.1M | 1.09B |
| 2021 | -403.4M | 76.9M | -80.3M |
| 2022 | -210.6M | -16.6M | 283.3M |
| 2023 | -33.6M | -45.7M | -4.09M |
ROOT Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 763.1M | 707M | 1.11B | 416.6M | 122.3M | 18.1M |
Operating activities | ||||||
Net income | -147.4M | -297.7M | -521.1M | -363M | -282.4M | -69.1M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 12.6M | 13.8M | 16.6M | 15.6M | 4.9M | 600K |
Stock-based compensation expense | 17.3M | 45M | 28.1M | 3.7M | 1.4M | 0 |
| Deferred income tax benefit | 17.3M | 45M | 28.1M | 3.7M | 1.4M | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 0 | 25M | -70.1M | -130.5M | -105.9M | -48.9M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 36.1M | -6.7M | 81.6M | 26.1M | 28.4M |
Cash generated by operating activities | -33.6M | -210.6M | -403.4M | -287.2M | -127.2M | -26.1M |
Investing activities | ||||||
Purchases Of Investments | -76M | -47.7M | -17M | -158.4M | -138.1M | -40.3M |
Investments In Property Plant And Equipment | -200K | -10.1M | -11.2M | -16.1M | -12.1M | -3.5M |
Acquisitions Net | 0 | 1 | 6.6M | 14.3M | 5.5M | 2.3M |
Cash generated by investing activities | -45.7M | -16.6M | 76.9M | -114.1M | -114M | -20.6M |
Financing activities | ||||||
Common Stock Issued | 0 | 300K | 126.5M | 1.09B | 351.5M | 150.9M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -3M | -3M | -10.5M | -200K | 0 | 0 |
Repayments of term debt | 0 | 286M | -199.5M | -13.5M | 174M | 0 |
Cash used in financing activities | -4.09M | 283.3M | -80.3M | 1.09B | 535.5M | 150.9M |
Net Change In Cash | -83.4M | 56.1M | -406.8M | 697.2M | 294.3M | 104.2M |
Cash at end of period | 679.7M | 763.1M | 707M | 1.11B | 416.6M | 122.3M |
| Data source | Data source | Data source | Data source |