Root Fixed Asset Turnover from 2010 to 2024

ROOT Stock  USD 108.44  0.79  0.72%   
Root Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Root Fixed Asset Turnover quarterly data regression had r-value of  0.85 and coefficient of variation of  86.09. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
72.22222222
Current Value
75.83
Quarterly Volatility
23.42051437
 
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 Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Root Inc over the last few years. It is Root's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Root Fixed Asset Turnover Regression Statistics

Arithmetic Mean27.20
Geometric Mean20.17
Coefficient Of Variation86.09
Mean Deviation18.97
Median11.39
Standard Deviation23.42
Sample Variance548.52
Range64.4353
R-Value0.85
Mean Square Error163.54
R-Squared0.72
Significance0.000059
Slope4.45
Total Sum of Squares7,679

Root Fixed Asset Turnover History

2024 75.83
2023 72.22
2022 56.51
2021 33.53
2020 38.97
2019 28.45

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Fixed Asset Turnover, 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
Fixed Asset Turnover 72.22  75.83 

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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.