Root Net Debt To E B I T D A from 2010 to 2024

ROOT Stock  USD 99.81  0.75  0.76%   
Root Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA is likely to outpace its year average in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
4.28072153
Current Value
4.49
Quarterly Volatility
1.09175515
 
Credit Downgrade
 
Yuan Drop
 
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 Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Root Inc over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Root's Net Debt To EBITDA 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.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Root Net Debt To E B I T D A Regression Statistics

Arithmetic Mean2.05
Geometric Mean1.85
Coefficient Of Variation53.35
Mean Deviation0.81
Median1.59
Standard Deviation1.09
Sample Variance1.19
Range3.6312
R-Value0.61
Mean Square Error0.81
R-Squared0.37
Significance0.02
Slope0.15
Total Sum of Squares16.69

Root Net Debt To E B I T D A History

2024 4.49
2023 4.28
2022 1.87
2021 1.43
2020 3.47
2019 0.86

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, 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
Net Debt To EBITDA 4.28  4.49 

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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.