Root Inc (ROOT)
56.29
-0.56
(-0.98%)
USD |
NASDAQ |
May 03, 16:00
56.18
-0.10
(-0.19%)
After-Hours: 20:00
Root Debt to Equity Ratio: 1.806 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.806 |
| December 31, 2023 | 1.804 |
| September 30, 2023 | 1.684 |
| June 30, 2023 | 1.387 |
| March 31, 2023 | 1.216 |
| December 31, 2022 | 1.066 |
| September 30, 2022 | 0.8882 |
| June 30, 2022 | 0.7534 |
| March 31, 2022 | 0.6204 |
| Date | Value |
|---|---|
| December 31, 2021 | 0.00 |
| September 30, 2021 | 0.3171 |
| June 30, 2021 | 0.2587 |
| March 31, 2021 | 0.2057 |
| December 31, 2020 | 0.1823 |
| September 30, 2020 | -0.3221 |
| June 30, 2020 | 1.769 |
| March 31, 2020 | |
| December 31, 2019 | -0.4596 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-0.4596
Minimum
Dec 2019
1.806
Maximum
Mar 2024
0.7751
Average
0.7534
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| SelectQuote Inc | 2.061 |
| Hippo Holdings Inc | 0.00 |
| Erie Indemnity Co | 0.00 |
| Fundamental Global Inc | 0.00 |
| Enact Holdings Inc | 0.1583 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.432B |
| Total Liabilities (Quarterly) | 1.267B |
| Shareholders Equity (Quarterly) | 165.70M |
| Current Ratio | 14.17 |
| Net Debt Paydown Yield | -0.09% |