Root (ROOT) Amortization of Deferred Charges (2019 - 2021)
Root (ROOT) recorded quarterly Amortization of Deferred Charges of $1.3 million in Q4 2021, down 62.86% quarter-over-quarter from $3.5 million in Q3 2021, and down 43.48% on a YoY basis from $2.3 million in Q4 2020.
Root (ROOT) Amortization of Deferred Charges (2019 - 2021) Analysis & Trends
Root's Amortization of Deferred Charges history runs 3 years deep, the most recent figure standing at $1.3 million for 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 was $1.3 million for Q4 2021 at Root, down from $3.5 million in the prior quarter.
- In the past five years, Amortization of Deferred Charges ranged from a high of $3.5 million in Q3 2021 to a low of $800000.0 in Q4 2019.
- Historically, Amortization of Deferred Charges has averaged $2.3 million across 3 years, with a median of $2.3 million in 2020.
- The sharpest annual moves came in 2020 and 2021: Amortization of Deferred Charges jumped 187.5% in 2020, then plunged 43.48% in 2021.
- A 3-year view of Amortization of Deferred Charges shows it stood at $800000.0 in 2019, then surged by 187.5% to $2.3 million in 2020, then slumped by 43.48% to $1.3 million in 2021.
- The last three Amortization of Deferred Charges figures came in at $1.3 million (Q4 2021), $3.5 million (Q3 2021), and $3.4 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn |
| 10 | Root | 835.22 Mn | 227.22 Mn | 366.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |