ROOT
Price:
$135.49
Market Cap:
$2.18B
Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.
Industry
Insurance - Property & Casualty
IPO Date
2020-10-28
Stock Exchange
NASDAQ
Ticker
ROOT
According to Root, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 17.64. This represents a change of 104.02% compared to the average of 8.65 of the last 4 quarters.
The mean historical Current Ratio of Root, Inc. over the last ten years is 8.55. The current 17.64 Current Ratio has changed 20.52% with respect to the historical average. Over the past ten years (40 quarters), ROOT's Current Ratio was at its highest in in the June 2022 quarter at 27.01. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
8.55
Median
8.71
Minimum
0
Maximum
22.03
Discovering the peaks and valleys of Root, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 22.03
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2024 | 0.76 | Infinity% |
2023 | 0 | -100.00% |
2022 | 22.03 | 152.74% |
2021 | 8.71 | -24.94% |
2020 | 11.61 | -2.74% |
2019 | 11.94 | 147.25% |
The current Current Ratio of Root, Inc. (ROOT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
7.60
5-year avg
8.62
10-year avg
8.55
Root, Inc.’s Current Ratio is less than Selective Insurance Group, Inc. (180.68), less than Donegal Group Inc. (29.15), greater than Horace Mann Educators Corporation (0), less than Global Indemnity Group, LLC (444.29), less than ProAssurance Corporation (31.40), greater than Kemper Corporation (0), greater than RLI Corp. (3.10), greater than Argo Group International Holdings, Ltd. (0), less than Heritage Insurance Holdings, Inc. (26.01), greater than Universal Insurance Holdings, Inc. (0), less than Kingstone Companies, Inc. (34.86), greater than HCI Group, Inc. (0), greater than FedNat Holding Company (10.66), less than United Insurance Holdings Corp. (0), greater than null (6.00),
Company | Current Ratio | Market cap |
---|---|---|
180.68 | $5.18B | |
29.15 | $677.95M | |
0 | $1.72B | |
444.29 | $464.07M | |
31.40 | $1.17B | |
0 | $4.05B | |
3.10 | $6.56B | |
0 | $325.00 | |
26.01 | $692.08M | |
0 | $737.11M | |
34.86 | $206.59M | |
0 | $1.72B | |
10.66 | $18.00 | |
0 | $343.27M | |
6.00 | $0 |
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