Root Inc (ROOT)
62.20
-0.46
(-0.73%)
USD |
NASDAQ |
Apr 26, 09:43
Root Debt to Equity Ratio: 1.757 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.757 |
| September 30, 2023 | 1.640 |
| June 30, 2023 | 1.351 |
| March 31, 2023 | 1.186 |
| December 31, 2022 | 1.040 |
| September 30, 2022 | 0.8685 |
| June 30, 2022 | 0.7389 |
| March 31, 2022 | 0.61 |
| December 31, 2021 | 0.00 |
| Date | Value |
|---|---|
| September 30, 2021 | 0.2868 |
| June 30, 2021 | 0.2374 |
| March 31, 2021 | 0.1921 |
| December 31, 2020 | 0.1724 |
| September 30, 2020 | -0.3086 |
| June 30, 2020 | 1.769 |
| March 31, 2020 | |
| December 31, 2019 | -0.4572 |
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
-0.4572
Minimum
Dec 2019
1.769
Maximum
Jun 2020
0.6926
Average
0.6744
Median
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 | 0.1609 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.348B |
| Total Liabilities (Quarterly) | 1.182B |
| Shareholders Equity (Quarterly) | 165.70M |
| Current Ratio | 9.899 |
| Net Debt Paydown Yield | -0.49% |