Root Insurance (ROOT)

Net assets on the balance sheet as of September 2024 : ₹15.34 Billion

According to Root Insurance 's latest financial reports the company has ₹15.34 Billion 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	$₹13.79 B	-39.84%
2022-12-31	$₹22.93 B	-42.57%
2021-12-31	$₹39.92 B	-47.12%
2020-12-31	$₹75.50 B	-383.1%
2019-12-31	$-₹26.68 Billion	271.4%
2018-12-31	$-₹7.19 Billion

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