Root, Inc. (ROOT)

Root, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	319.2	292	165.9	128.4	129.9	221
Investments in Equity & Preferred Securities	4.4	4.4	4.4	4.4	4.7	0.5
Other Investments	3.5	14.8	0.9	0.4	-	3
Total Investments	327.1	311.2	171.2	133.2	134.6	224.5
Cash & Equivalents	641.4	599.3	678.7	762.1	706	1,113
Reinsurance Recoverable	145.5	150.6	125.3	148.8	155	124.8
Other Receivables	341.3	305.3	247.1	111.9	148.1	130.1
Property, Plant & Equipment	-	4.4	6.3	9.8	15.4	8.9
Other Intangible Assets	-	32.2	29.4	26.5	21.4	18.5
Restricted Cash	1.1	1	1	1	1	1
Other Current Assets	14.9	25.1	48.2	74.2	100.8	112.8
Other Long-Term Assets	116.4	66.6	40.5	45.4	37	28.9
Total Assets	1,588	1,496	1,348	1,313	1,319	1,762
Accounts Payable	52.3	71.1	65.6	39.7	29.1	48
Insurance & Annuity Liabilities	444.5	413.2	284.2	287.4	320.2	237.2
Unearned Premiums	395.2	353.9	283.7	136.5	180.1	157.1
Reinsurance Payable	15.8	32.8	54.4	119.8	101.6	89.1
Current Portion of Leases	-	2.2	-	-	-	-
Long-Term Debt	200.1	200.1	299	295.4	-	188.2
Long-Term Leases	-	3.8	8.2	10.5	14.1	-
Other Long-Term Liabilities	123.3	102.9	74.9	34.5	25.8	10.3
Total Liabilities	1,231	1,180	1,070	923.8	670.9	729.9
Preferred Stock, Convertible	112	112	112	112	112	-
Additional Paid-In Capital	1,884	1,888	1,883	1,851	1,806	1,776
Retained Earnings	-1,642	-1,682	-1,715	-1,568	-1,270	-748
Treasury Stock	-	-	-	-	-	-0.8
Comprehensive Income & Other	2.3	-2.3	-2.5	-5.8	0.4	5.6
Total Common Equity	244.5	203.7	165.7	277.1	536.4	1,032
Shareholders' Equity	356.5	315.7	277.7	389.1	648.4	1,032
Total Liabilities & Equity	1,588	1,496	1,348	1,313	1,319	1,762
Filing Date Shares Outstanding	15.45	15.2	14.6	14.2	14.11	13.73
Total Common Shares Outstanding	15.4	15.1	14.5	14.2	14.04	13.72
Total Debt	200.1	206.1	307.2	305.9	14.1	188.2
Net Cash (Debt)	441.3	393.2	371.5	456.2	691.9	924.6
Net Cash Growth	20.21%	5.84%	-18.57%	-34.07%	-25.17%	363.46%
Net Cash Per Share	24.45	23.27	25.80	32.35	50.14	220.14
Book Value Per Share	15.88	13.49	11.43	19.51	38.19	75.24
Tangible Book Value	244.5	171.5	136.3	250.6	515	1,014
Tangible Book Value Per Share	15.88	11.36	9.40	17.65	36.67	73.89
Machinery	-	8.6	8.5	9.4	10.4	7.9
Leasehold Improvements	-	7.2	7.6	8.9	9.8	6.3

Updated May 7, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q