Root Income Before Tax from 2010 to 2024
| ROOT Stock | USD 99.06 2.80 2.75% |
Income Before Tax | First Reported 2017-12-31 | Previous Quarter -7.8 M | Current Value 22.8 M | Quarterly Volatility 46.2 M |
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.
Root | Income Before Tax |
Latest Root's Income Before Tax Growth Pattern
Below is the plot of the Income Before Tax of Root Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Root income statement and is an important metric when analyzing Root Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Root's Income Before Tax 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.
| Income Before Tax | 10 Years Trend |
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Income Before Tax |
| Timeline |
Root Income Before Tax Regression Statistics
| Arithmetic Mean | (159,218,000) | |
| Coefficient Of Variation | (88.84) | |
| Mean Deviation | 110,310,400 | |
| Median | (69,100,000) | |
| Standard Deviation | 141,443,449 | |
| Sample Variance | 20006.2T | |
| Range | 452M | |
| R-Value | (0.60) | |
| Mean Square Error | 13744.1T | |
| R-Squared | 0.36 | |
| Significance | 0.02 | |
| Slope | (19,031,393) | |
| Total Sum of Squares | 280087.5T |
Root Income Before Tax History
About Root Financial Statements
Root shareholders use historical fundamental indicators, such as Income Before Tax, 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 Reported | Projected for Next Year | ||
| Income Before Tax | -147.4 M | -154.8 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.