Root Insurance (ROOT)

Net assets on the balance sheet as of September 2024 : €0.17 Billion

According to Root Insurance 's latest financial reports the company has €0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Root Insurance - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€0.14 B	-41.98%
2022-12-31	$€0.25 B	-45.46%
2021-12-31	$€0.47 B	-43.57%
2020-12-31	$€0.83 B	-351.41%
2019-12-31	$-€0.34 Billion	271.89%
2018-12-31	$-€89.78 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Root Insurance (ROOT) - Net assets