Root Historical Income Statement
| ROOT Stock | USD 99.06 2.80 2.75% |
Historical analysis of Root income statement accounts such as Selling General Administrative of 80.5 M, Selling And Marketing Expenses of 87.6 M, Total Revenue of 328.4 M or Gross Profit of 328.4 M can show how well Root Inc performed in making a profits. Evaluating Root income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Root's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Root Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Root Inc is a good buy for the upcoming year.
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About Root Income Statement Analysis
Root Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Root shareholders. The income statement also shows Root investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Root Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Root Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Root Inc minus its cost of goods sold. It is profit before Root operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Root's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Root Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Root Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Root's Interest Income is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 87.6 M in 2024, whereas Interest Expense is likely to drop slightly above 37 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 8.3M | 7.1M | 12.6M | 7.2M | Interest Income | 3.5M | 8.1M | 32.8M | 34.4M |
Root income statement Correlations
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Root income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | (22.3M) | (77.7M) | (20M) | (34.6M) | (46.1M) | (48.4M) | |
| Interest Income | 5.6M | 5.9M | 3.5M | 8.1M | 32.8M | 34.4M | |
| Depreciation And Amortization | 4.9M | 5.5M | 8.3M | 7.1M | 12.6M | 7.2M | |
| Interest Expense | 22.3M | 77.7M | 20M | 34.6M | 46.1M | 37.0M | |
| Selling General Administrative | 43M | 78.5M | 97.6M | 127.4M | 83.3M | 80.5M | |
| Selling And Marketing Expenses | 109.6M | 139.7M | 270.2M | 48M | 49.3M | 87.6M | |
| Total Revenue | 290.2M | 346.8M | 345.4M | 310.8M | 455M | 328.4M | |
| Gross Profit | 290.2M | 346.8M | 345.4M | 310.8M | 455M | 328.4M | |
| Other Operating Expenses | 572.6M | 709.8M | 866.5M | 608.5M | 556.3M | 628.1M | |
| Operating Income | (282.4M) | (363M) | (527.9M) | (263.1M) | (101.3M) | (106.4M) | |
| Net Income From Continuing Ops | (282.4M) | (363M) | (521.1M) | (297.7M) | (147.4M) | (154.8M) | |
| Ebit | (282.4M) | (275.2M) | (492.8M) | (256.4M) | (101.3M) | (106.4M) | |
| Ebitda | (277.5M) | (269.7M) | (484.5M) | (249.3M) | (88.7M) | (93.1M) | |
| Total Operating Expenses | (572.6M) | (709.8M) | (873.3M) | 573.9M | 556.3M | 584.1M | |
| Reconciled Depreciation | 4.9M | 15.6M | 16.6M | 13.8M | 12.6M | 11.8M | |
| Income Before Tax | (282.4M) | (363M) | (521.1M) | (297.7M) | (147.4M) | (154.8M) | |
| Total Other Income Expense Net | (282.4M) | (1.4B) | (35.9M) | (34.6M) | (46.1M) | (48.4M) | |
| Net Income Applicable To Common Shares | (282.4M) | (363M) | (521.1M) | (297.7M) | (267.9M) | (281.3M) | |
| Net Income | (282.4M) | (363M) | (521.1M) | 6.2M | (147.4M) | (154.8M) |
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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.