Root Capital Expenditures from 2010 to 2024

ROOT Stock  USD 99.06  2.80  2.75%   
Root Capital Expenditures yearly trend continues to be comparatively stable with very little volatility. Capital Expenditures is likely to outpace its year average in 2024. From the period from 2010 to 2024, Root Capital Expenditures quarterly data regression had r-value of  0.76 and coefficient of variation of  64.82. View All Fundamentals
 
Capital Expenditures  
First Reported
2017-12-31
Previous Quarter
2.7 M
Current Value
4.6 M
Quarterly Volatility
1.8 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 Capital Expenditures Growth Pattern

Below is the plot of the Capital Expenditures of Root Inc over the last few years. Capital Expenditures are funds used by Root Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Root operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software. It is Root's Capital Expenditures 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.
Capital Expenditures10 Years Trend
Slightly volatile
   Capital Expenditures   
       Timeline  

Root Capital Expenditures Regression Statistics

Arithmetic Mean6,789,333
Geometric Mean5,641,845
Coefficient Of Variation64.82
Mean Deviation3,947,200
Median3,500,000
Standard Deviation4,400,713
Sample Variance19.4T
Range12.6M
R-Value0.76
Mean Square Error8.8T
R-Squared0.58
Significance0.001
Slope749,214
Total Sum of Squares271.1T

Root Capital Expenditures History

202411.4 M
20239.4 M
202210.1 M
202111.2 M
202016.1 M
201912.1 M

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Capital Expenditures, 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
Capital Expenditures9.4 M11.4 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.