Root Operating Cash Flow Per Share vs Income Quality Analysis

ROOT Stock

USD 108.44 0.79 0.72%

Root financial indicator trend analysis is much more than just breaking down Root Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Root Inc is a good investment. Please check the relationship between Root Operating Cash Flow Per Share and its Income Quality accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Root Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Operating Cash Flow Per Share vs Income Quality

Operating Cash Flow Per Share vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Root Inc Operating Cash Flow Per Share account and Income Quality. At this time, the significance of the direction appears to have pay attention.

The correlation between Root's Operating Cash Flow Per Share and Income Quality is -0.83. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Income Quality in the same time period over historical financial statements of Root Inc, assuming nothing else is changed. The correlation between historical values of Root's Operating Cash Flow Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Root Inc are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Operating Cash Flow Per Share i.e., Root's Operating Cash Flow Per Share and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Root's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Root Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Root Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Root's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 2.71 in 2024, whereas Selling General Administrative is likely to drop slightly above 80.5 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	8.3M	7.1M	12.6M	7.2M
Interest Income	3.5M	8.1M	32.8M	34.4M

Depreciation And Amortization Interest Income

Root fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments
Total Assets		0.84	-0.92	0.77	0.86	0.93	0.89	0.75	-0.93	-0.87	0.97	0.99	0.68	0.27	0.51	0.92	0.98	0.94	-0.06	0.76	0.69	1.0	0.76	0.63	0.93	0.98
Short Long Term Debt Total	0.84		-0.63	0.63	0.59	0.77	0.63	0.5	-0.66	-0.77	0.82	0.84	0.7	0.4	0.61	0.78	0.82	0.8	0.0	0.59	0.8	0.86	0.6	0.91	0.74	0.87
Other Current Liab	-0.92	-0.63		-0.73	-0.76	-0.95	-0.81	-0.83	0.88	0.86	-0.92	-0.89	-0.6	-0.22	-0.47	-0.94	-0.89	-0.93	-0.17	-0.69	-0.6	-0.92	-0.8	-0.45	-0.79	-0.88
Total Current Liabilities	0.77	0.63	-0.73		0.66	0.79	0.72	0.56	-0.66	-0.74	0.67	0.72	0.82	0.56	0.44	0.72	0.67	0.86	0.05	0.33	0.63	0.77	0.7	0.46	0.68	0.78
Total Stockholder Equity	0.86	0.59	-0.76	0.66		0.71	0.99	0.53	-0.95	-0.62	0.81	0.89	0.45	0.07	0.28	0.63	0.88	0.73	-0.45	0.71	0.39	0.82	0.65	0.22	0.98	0.8
Other Liab	0.93	0.77	-0.95	0.79	0.71		0.79	0.71	-0.8	-0.95	0.95	0.89	0.7	0.38	0.65	0.99	0.86	0.99	0.26	0.6	0.76	0.93	0.9	0.61	0.79	0.89
Net Tangible Assets	0.89	0.63	-0.81	0.72	0.99	0.79		0.54	-0.94	-0.71	0.86	0.91	0.52	0.15	0.38	0.71	0.89	0.8	-0.33	0.68	0.48	0.86	0.75	0.27	0.98	0.82
Property Plant And Equipment Net	0.75	0.5	-0.83	0.56	0.53	0.71	0.54		-0.76	-0.52	0.65	0.74	0.36	-0.1	0.02	0.75	0.76	0.7	0.05	0.8	0.26	0.78	0.37	0.46	0.57	0.8
Net Debt	-0.93	-0.66	0.88	-0.66	-0.95	-0.8	-0.94	-0.76		0.67	-0.88	-0.95	-0.44	0.02	-0.24	-0.77	-0.96	-0.8	0.32	-0.87	-0.4	-0.92	-0.64	-0.37	-0.96	-0.9
Retained Earnings	-0.87	-0.77	0.86	-0.74	-0.62	-0.95	-0.71	-0.52	0.67		-0.92	-0.81	-0.82	-0.61	-0.84	-0.94	-0.78	-0.95	-0.37	-0.39	-0.91	-0.86	-0.91	-0.64	-0.71	-0.81
Accounts Payable	0.97	0.82	-0.92	0.67	0.81	0.95	0.86	0.65	-0.88	-0.92		0.95	0.63	0.29	0.65	0.94	0.94	0.94	0.08	0.7	0.74	0.96	0.86	0.6	0.89	0.91
Cash	0.99	0.84	-0.89	0.72	0.89	0.89	0.91	0.74	-0.95	-0.81	0.95		0.63	0.2	0.46	0.87	1.0	0.9	-0.16	0.8	0.64	0.99	0.71	0.61	0.95	0.98
Non Current Assets Total	0.68	0.7	-0.6	0.82	0.45	0.7	0.52	0.36	-0.44	-0.82	0.63	0.63		0.87	0.71	0.67	0.58	0.78	0.24	0.09	0.89	0.69	0.63	0.64	0.53	0.7
Non Currrent Assets Other	0.27	0.4	-0.22	0.56	0.07	0.38	0.15	-0.1	0.02	-0.61	0.29	0.2	0.87		0.76	0.36	0.14	0.46	0.45	-0.39	0.81	0.27	0.47	0.43	0.14	0.27
Other Assets	0.51	0.61	-0.47	0.44	0.28	0.65	0.38	0.02	-0.24	-0.84	0.65	0.46	0.71	0.76		0.65	0.4	0.65	0.53	-0.05	0.93	0.5	0.8	0.55	0.39	0.42
Long Term Debt	0.92	0.78	-0.94	0.72	0.63	0.99	0.71	0.75	-0.77	-0.94	0.94	0.87	0.67	0.36	0.65		0.85	0.97	0.34	0.61	0.76	0.92	0.85	0.67	0.73	0.88
Cash And Short Term Investments	0.98	0.82	-0.89	0.67	0.88	0.86	0.89	0.76	-0.96	-0.78	0.94	1.0	0.58	0.14	0.4	0.85		0.87	-0.19	0.84	0.59	0.98	0.66	0.59	0.94	0.97
Net Receivables	0.94	0.8	-0.93	0.86	0.73	0.99	0.8	0.7	-0.8	-0.95	0.94	0.9	0.78	0.46	0.65	0.97	0.87		0.22	0.56	0.79	0.95	0.88	0.64	0.8	0.91
Common Stock Shares Outstanding	-0.06	0.0	-0.17	0.05	-0.45	0.26	-0.33	0.05	0.32	-0.37	0.08	-0.16	0.24	0.45	0.53	0.34	-0.19	0.22		-0.36	0.42	-0.03	0.33	0.24	-0.36	-0.09
Short Term Investments	0.76	0.59	-0.69	0.33	0.71	0.6	0.68	0.8	-0.87	-0.39	0.7	0.8	0.09	-0.39	-0.05	0.61	0.84	0.56	-0.36		0.13	0.77	0.32	0.41	0.76	0.77
Non Current Liabilities Total	0.69	0.8	-0.6	0.63	0.39	0.76	0.48	0.26	-0.4	-0.91	0.74	0.64	0.89	0.81	0.93	0.76	0.59	0.79	0.42	0.13		0.69	0.75	0.75	0.52	0.66
Other Current Assets	1.0	0.86	-0.92	0.77	0.82	0.93	0.86	0.78	-0.92	-0.86	0.96	0.99	0.69	0.27	0.5	0.92	0.98	0.95	-0.03	0.77	0.69		0.74	0.67	0.9	0.99
Other Stockholder Equity	0.76	0.6	-0.8	0.7	0.65	0.9	0.75	0.37	-0.64	-0.91	0.86	0.71	0.63	0.47	0.8	0.85	0.66	0.88	0.33	0.32	0.75	0.74		0.38	0.7	0.65
Total Liab	0.63	0.91	-0.45	0.46	0.22	0.61	0.27	0.46	-0.37	-0.64	0.6	0.61	0.64	0.43	0.55	0.67	0.59	0.64	0.24	0.41	0.75	0.67	0.38		0.41	0.71
Net Invested Capital	0.93	0.74	-0.79	0.68	0.98	0.79	0.98	0.57	-0.96	-0.71	0.89	0.95	0.53	0.14	0.39	0.73	0.94	0.8	-0.36	0.76	0.52	0.9	0.7	0.41		0.88
Long Term Investments	0.98	0.87	-0.88	0.78	0.8	0.89	0.82	0.8	-0.9	-0.81	0.91	0.98	0.7	0.27	0.42	0.88	0.97	0.91	-0.09	0.77	0.66	0.99	0.65	0.71	0.88

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Root Account Relationship Matchups

Root fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	728.6M	1.8B	1.3B	1.3B	1.3B	1.2B
Short Long Term Debt Total	171M	287.7M	14.1M	298.6M	299M	199.0M
Other Current Liab	(55.5M)	(137.1M)	(257.1M)	(119.8M)	(120M)	(126M)
Total Current Liabilities	55.5M	137.1M	130.7M	39.7M	224.2M	115.0M
Total Stockholder Equity	(374M)	1.0B	536.4M	277.1M	277.7M	301.9M
Other Liab	149.1M	247.5M	360.1M	321.9M	370.2M	245.3M
Net Tangible Assets	(380.6M)	1.0B	648.4M	389.1M	447.5M	345.0M
Property Plant And Equipment Net	10.2M	8.9M	10.3M	5.5M	6.3M	6M
Net Debt	(220.7M)	(934.8M)	(691.9M)	(466.7M)	(379.7M)	(398.7M)
Retained Earnings	(385M)	(748M)	(1.3B)	(1.6B)	(1.7B)	(1.6B)
Accounts Payable	55.5M	137.1M	130.7M	159.5M	120M	116.0M
Cash	391.7M	1.1B	706M	762.1M	678.7M	691.8M
Non Current Assets Total	133M	232.9M	140.2M	138.3M	669M	702.5M
Non Currrent Assets Other	(133M)	(232.9M)	(140.2M)	4M	628.9M	660.3M
Other Assets	(66.9M)	(62.3M)	40.1M	300.2M	250.7M	263.2M
Cash And Short Term Investments	514.5M	1.3B	835.9M	890.9M	678.7M	806.5M
Net Receivables	148M	254.9M	303.1M	260.7M	372.4M	254.9M
Common Stock Shares Outstanding	14.1M	4.2M	13.8M	14.1M	14.4M	13.2M
Short Term Investments	122.8M	224M	129.9M	128.8M	26.3M	25.0M
Liabilities And Stockholders Equity	728.6M	1.8B	1.3B	1.3B	1.3B	1.2B
Non Current Liabilities Total	171M	178M	144M	884.1M	1.1B	1.1B
Other Current Assets	542.8M	1.2B	879.6M	902.1M	953.1M	832.4M
Other Stockholder Equity	(550M)	537.3M	1.7B	1.7B	1.9B	972.3M
Total Liab	1.1B	729.9M	130.7M	1.0B	1.1B	804.4M
Net Invested Capital	(203M)	1.2B	536.4M	572.5M	456.8M	455.6M
Long Term Investments	122.8M	224M	134.6M	133.2M	166.8M	147.0M
Total Current Assets	662.5M	1.6B	1.1B	874.4M	678.7M	942.3M
Property Plant Equipment	10.2M	8.9M	15.4M	9.8M	11.3M	10.6M

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