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
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