Root Insurance (ROOT)

Total debt on the balance sheet as of June 2024 : $0.30 Billion USD

According to Root Insurance 's latest financial reports the company's total debt is $0.30 Billion USD. A company’s total debt is the sum of all current and non-current debts.

Root Insurance - Total debt on balance sheet (from 2019 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	$0.29 B	1.04%
2022-12-31	$0.28 B
2020-12-31	$0.17 B	4.09%
2019-12-31	$0.17 B	1047.65%
2018-12-31	$14.9 M

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) - Total debt