Root Capex To Revenue from 2010 to 2024

ROOT Stock  USD 99.06  2.80  2.75%   
Root Capex To Revenue yearly trend continues to be comparatively stable with very little volatility. Capex To Revenue will likely drop to 0.02 in 2024. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
0.02065934
Current Value
0.0196
Quarterly Volatility
0.02548483
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Root financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Root's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 34.4 M or Depreciation And Amortization of 7.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.57. Root financial statements analysis is a perfect complement when working with Root Valuation or Volatility modules.
  
Check out the analysis of Root Correlation against competitors.

Latest Root's Capex To Revenue Growth Pattern

Below is the plot of the Capex To Revenue of Root Inc over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Root's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Root's overall financial position and show how it may be relating to other accounts over time.
Capex To Revenue10 Years Trend
Slightly volatile
   Capex To Revenue   
       Timeline  

Root Capex To Revenue Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.05
Coefficient Of Variation41.52
Mean Deviation0.02
Median0.08
Standard Deviation0.03
Sample Variance0.0006
Range0.0612
R-Value(0.88)
Mean Square Error0.0002
R-Squared0.78
Significance0.000014
Slope(0.01)
Total Sum of Squares0.01

Root Capex To Revenue History

2024 0.0196
2023 0.0207
2022 0.0325
2021 0.0324
2020 0.0464
2019 0.0417

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Capex To Revenue, to determine how well the company is positioned to perform in the future. Although Root investors may analyze each financial statement separately, they are all interrelated. The changes in Root's assets and liabilities, for example, are also reflected in the revenues and expenses on on Root's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capex To Revenue 0.02  0.02 

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Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.