Roots Total Assets from 2010 to 2026
| ROOT Stock | CAD 3.09 0.09 2.83% |
Total Assets | First Reported 2017-01-31 | Previous Quarter 299.5 M | Current Value 318.3 M | Quarterly Volatility 55.5 M |
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 Income of 8 M, Depreciation And Amortization of 25.3 M or Interest Expense of 8.8 M, as well as many indicators such as Price To Sales Ratio of 0.4, Dividend Yield of 0.0385 or PTB Ratio of 1.21. Roots financial statements analysis is a perfect complement when working with Roots Corp Valuation or Volatility modules.
Roots | Total Assets |
Evaluating Roots Corp's Total Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Roots Corp's fundamental strength.
Latest Roots Corp's Total Assets Growth Pattern
Below is the plot of the Total Assets of Roots Corp over the last few years. Total assets refers to the total amount of Roots Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Roots Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Roots Corp's Total Assets 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.
| View | Last Reported 329.04 M | 10 Years Trend |
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Total Assets |
| Timeline |
Roots Total Assets Regression Statistics
| Arithmetic Mean | 367,559,326 | |
| Geometric Mean | 366,402,148 | |
| Coefficient Of Variation | 8.34 | |
| Mean Deviation | 25,535,874 | |
| Median | 357,443,000 | |
| Standard Deviation | 30,646,502 | |
| Sample Variance | 939.2T | |
| Range | 111.7M | |
| R-Value | 0.54 | |
| Mean Square Error | 709.6T | |
| R-Squared | 0.29 | |
| Significance | 0.03 | |
| Slope | 3,277,740 | |
| Total Sum of Squares | 15027.3T |
Roots Total Assets History
About Roots Corp Financial Statements
Roots Corp investors utilize fundamental indicators, such as Total Assets, to predict how Roots Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 378.4 M | 411.5 M | |
| Intangibles To Total Assets | 0.49 | 0.64 |
Pair Trading with Roots Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Roots Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roots Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Roots Stock
| 0.64 | ALBT-P | Albatros Acquisition | PairCorr |
| 0.57 | GDI | GDI Integrated | PairCorr |
| 0.56 | STLR | STLLR Gold | PairCorr |
| 0.47 | CS | Capstone Mining Corp | PairCorr |
| 0.47 | BNS | Bank of Nova Scotia | PairCorr |
The ability to find closely correlated positions to Roots Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roots Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Roots Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Roots Corp to buy it.
The correlation of Roots Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roots Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roots Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Roots Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.