Root Insurance (ROOT)

Net assets on the balance sheet as of June 2024 : HK$1.17 B

According to Root Insurance 's latest financial reports the company has HK$1.17 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Root Insurance - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.29 B	-40.23%
2022-12-31	$HK$2.16 B	-48.24%
2021-12-31	$HK$4.18 B	-47.74%
2020-12-31	$HK$8.00 B	-374.77%
2019-12-31	$-HK$2.92 B	262.18%
2018-12-31	$-HK$0.81 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Root Insurance (ROOT) - Net assets