Roots Interest Expense from 2010 to 2026

4RO Stock  EUR 1.83  0.02  1.08%   
Roots Corp's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 8.3 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2019-10-31
Previous Quarter
M
Current Value
2.1 M
Quarterly Volatility
564.8 K
 
Covid
 
Interest Hikes
Check Roots Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roots Corp's main balance sheet or income statement drivers, such as Interest Expense of 8.3 M, Selling General Administrative of 115.3 M or Total Revenue of 229.2 M, as well as many indicators such as . Roots financial statements analysis is a perfect complement when working with Roots Corp Valuation or Volatility modules.
  
This module can also supplement various Roots Corp Technical models . Check out the analysis of Roots Corp Correlation against competitors.
The Interest Expense trend for Roots Corp offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Roots Corp is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Roots Corp's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Roots Corp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Roots Corp's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Roots Corp's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Roots Interest Expense Regression Statistics

Arithmetic Mean5,099,604
Geometric Mean0.00
Coefficient Of Variation104.82
Mean Deviation4,799,628
Median5,171,000
Standard Deviation5,345,609
Sample Variance28.6T
Range15.6M
R-Value0.78
Mean Square Error11.8T
R-Squared0.61
Significance0.0002
Slope829,153
Total Sum of Squares457.2T

Roots Interest Expense History

20268.3 M
202510.2 M
20248.9 M
20239.6 M
20228.5 M
20218.8 M
202011.7 M

About Roots Corp Financial Statements

Roots Corp stakeholders use historical fundamental indicators, such as Roots Corp's Interest Expense, to determine how well the company is positioned to perform in the future. Although Roots Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Roots Corp's assets and liabilities are reflected in the revenues and expenses on Roots Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Roots Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense10.2 M8.3 M

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Other Information on Investing in Roots Stock

Roots Corp financial ratios help investors to determine whether Roots Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Roots with respect to the benefits of owning Roots Corp security.