Root Insurance (ROOT)

Total debt on the balance sheet as of September 2024 : NZ$0.53 Billion

According to Root Insurance 's latest financial reports the company's total debt is NZ$0.53 Billion. A company’s total debt is the sum of all current and non-current debts.

Root Insurance - Total debt on balance sheet (from 2019 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	NZ$0.46 B	1.44%
2022-12-31	NZ$0.45 B
2020-12-31	NZ$0.24 B	-2.84%
2019-12-31	NZ$0.25 B	1043.04%
2018-12-31	NZ$22.21 M

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) - Total debt