Roots Historical Financial Ratios
| ROOT Stock | CAD 2.18 0.03 1.36% |
Roots Corp is promptly reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 4.93, Free Cash Flow Yield of 0.38, Invested Capital of 0.0 or Operating Cash Flow Per Share of 0.65 will help investors to properly organize and evaluate Roots Corp financial condition quickly.
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About Roots Financial Ratios Analysis
Roots CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Roots Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Roots financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Roots Corp history.
Roots Corp Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Roots Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Roots Corp sales, a figure that is much harder to manipulate than other Roots Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Roots Corp dividend as a percentage of Roots Corp stock price. Roots Corp dividend yield is a measure of Roots Corp stock productivity, which can be interpreted as interest rate earned on an Roots Corp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Quick Ratio
A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.Most ratios from Roots Corp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Roots Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roots Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Roots Corp's Payables Turnover is very stable compared to the past year. As of the 27th of November 2024, Cash Per Share is likely to grow to 0.72, while Price To Sales Ratio is likely to drop 0.34.
| 2023 | 2024 (projected) | Dividend Yield | 0.0366 | 0.0385 | Price To Sales Ratio | 0.36 | 0.34 |
Roots Corp fundamentals Correlations
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Roots Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roots Corp fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.49 | 0.24 | 0.39 | 0.44 | 0.36 | 0.34 | |
| Ptb Ratio | 0.52 | 0.57 | 0.73 | 0.63 | 0.49 | 0.47 | |
| Days Sales Outstanding | 7.92 | 10.87 | 8.82 | 7.62 | 8.44 | 12.27 | |
| Book Value Per Share | 3.57 | 3.89 | 4.41 | 4.51 | 4.69 | 4.93 | |
| Free Cash Flow Yield | (0.11) | 0.23 | 0.51 | 0.38 | 0.19 | 0.36 | |
| Operating Cash Flow Per Share | 0.46 | 0.95 | 1.21 | 1.34 | 0.7 | 0.65 | |
| Stock Based Compensation To Revenue | (0.00157) | 0.002931 | 0.002392 | 0.001396 | 0.001728 | 0.002442 | |
| Capex To Depreciation | 2.8 | 0.56 | 0.1 | 0.15 | 0.22 | 0.16 | |
| Pb Ratio | 0.52 | 0.57 | 0.73 | 0.63 | 0.49 | 0.47 | |
| Ev To Sales | 0.99 | 1.06 | 0.91 | 0.82 | 0.72 | 0.69 | |
| Free Cash Flow Per Share | (0.44) | 0.42 | 1.13 | 1.23 | 0.55 | 0.83 | |
| Roic | 0.0464 | 0.0459 | 0.0942 | 0.0489 | 0.0356 | 0.0389 | |
| Inventory Turnover | 3.83 | 2.38 | 2.69 | 2.09 | 3.87 | 2.39 | |
| Net Income Per Share | (1.47) | 0.31 | 0.54 | 0.16 | 0.0453 | 0.034 | |
| Days Of Inventory On Hand | 95.37 | 153.59 | 135.69 | 174.32 | 94.32 | 161.54 | |
| Payables Turnover | 7.59 | 3.9 | 3.92 | 3.0 | 5.62 | 5.93 | |
| Capex To Revenue | 0.0677 | 0.0142 | 0.0161 | 0.0233 | 0.0184 | 0.0175 | |
| Cash Per Share | 0.0225 | 0.22 | 0.81 | 0.76 | 0.69 | 0.72 | |
| Pocfratio | 1.97 | 1.82 | 2.4 | 4.06 | 2.42 | 2.3 | |
| Interest Coverage | 0.86 | 1.26 | 3.62 | 1.9 | 1.21 | 1.74 | |
| Capex To Operating Cash Flow | 1.95 | 0.56 | 0.0672 | 0.0781 | 0.22 | 0.12 | |
| Pfcf Ratio | 4.44 | 1.95 | 2.6 | 5.18 | 2.76 | 2.62 | |
| Days Payables Outstanding | 48.1 | 93.63 | 93.1 | 121.77 | 64.9 | 90.75 | |
| Income Quality | (0.65) | 3.89 | 2.48 | 4.38 | 21.03 | 22.08 | |
| Roe | (0.41) | 0.0797 | 0.12 | 0.0356 | 0.009643 | 0.0101 | |
| Ev To Operating Cash Flow | 8.13 | 5.02 | 4.43 | 7.65 | 4.92 | 4.67 | |
| Pe Ratio | (1.27) | 7.09 | 5.95 | 17.77 | 50.82 | 53.36 | |
| Return On Tangible Assets | (0.26) | 0.0683 | 0.12 | 0.0338 | 0.0103 | 0.009815 | |
| Ev To Free Cash Flow | 18.38 | 5.39 | 4.81 | 9.77 | 5.62 | 5.34 | |
| Earnings Yield | (0.79) | 0.14 | 0.17 | 0.0563 | 0.0197 | 0.0207 | |
| Intangibles To Total Assets | 0.75 | 0.66 | 0.46 | 0.51 | 0.5 | 0.52 | |
| Net Debt To E B I T D A | (14.26) | 2.59 | 1.64 | 2.21 | 2.28 | 2.4 | |
| Current Ratio | 0.8 | 0.95 | 1.27 | 1.28 | 1.33 | 1.5 | |
| Tangible Book Value Per Share | (1.2) | (0.82) | (0.24) | (0.14) | (0.0235) | (0.0247) | |
| Receivables Turnover | 46.08 | 33.57 | 41.38 | 47.87 | 43.24 | 33.76 | |
| Graham Number | 10.88 | 5.21 | 7.31 | 4.03 | 2.19 | 2.08 | |
| Shareholders Equity Per Share | 3.57 | 3.89 | 4.41 | 4.51 | 4.69 | 4.93 | |
| Debt To Equity | 0.64 | 0.43 | 0.33 | 0.3 | 0.24 | 0.22 | |
| Capex Per Share | 0.53 | 0.0812 | 0.1 | 0.15 | 0.12 | 0.11 | |
| Graham Net Net | (6.26) | (4.52) | (3.5) | (3.36) | (3.16) | (3.32) |
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.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 CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Roots Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Roots financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Roots Corp history.