Root (ROOT) Amortization of Deferred Charges (2019 - 2021)

Root (ROOT) posted quarterly Amortization of Deferred Charges of $1.3 million for Q4 2021, down 43.48% year-over-year from $2.3 million in Q4 2020, and down 62.86% on a QoQ basis from $3.5 million in Q3 2021.

Root (ROOT) Amortization of Deferred Charges (2019 - 2021) Analysis & Trends

Root (ROOT) has reported Amortization of Deferred Charges for 3 consecutive years, with $1.3 million the latest figure, recorded in Q4 2021.

  • In Q4 2021, Amortization of Deferred Charges fell 43.48% year-over-year to $1.3 million; the TTM figure through Sep 2022 stood at $1.3 million (down 88.79% YoY), while the FY2021 annual figure was $10.6 million, up 16.48% from the prior year.
  • Amortization of Deferred Charges came in at $1.3 million for Q4 2021 at Root, down from $3.5 million in the prior quarter.
  • The five-year high for Amortization of Deferred Charges was $3.5 million in Q3 2021, with the low at $800000.0 in Q4 2019.
  • Average Amortization of Deferred Charges over 3 years is $2.3 million, with a median of $2.3 million recorded in 2020.
  • Across the five-year window, Amortization of Deferred Charges jumped 187.5% in 2020 and sank 43.48% in 2021, its largest moves.
  • Year by year, Amortization of Deferred Charges stood at $800000.0 in 2019, then surged by 187.5% to $2.3 million in 2020, then tumbled by 43.48% to $1.3 million in 2021.
  • According to Business Quant data, Amortization of Deferred Charges over the past three periods registered $1.3 million, $3.5 million, and $3.4 million for Q4 2021, Q3 2021, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn
10 Root 936.16 Mn 328.16 Mn 366.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2021 1.30 Mn
Dec 31, 2021 1.30 Mn
Sep 30, 2021 3.50 Mn
Sep 30, 2021 3.50 Mn
Jun 30, 2021 3.40 Mn
Jun 30, 2021 3.40 Mn
Mar 31, 2021 2.40 Mn
Mar 31, 2021 2.40 Mn
Dec 31, 2020 2.30 Mn
Dec 31, 2020 2.30 Mn
Sep 30, 2020 2.30 Mn
Sep 30, 2020 2.30 Mn
Jun 30, 2020 2.20 Mn
Jun 30, 2020 2.20 Mn
Mar 31, 2020 2.20 Mn
Mar 31, 2020 2.20 Mn
Dec 31, 2019 800,000.00
Dec 31, 2019 800,000.00