Root Insurance (ROOT) - Total liabilities

Total liabilities on the balance sheet as of September 2024 : NZ$2.44 Billion

According to Root Insurance 's latest financial reports the company's total liabilities are NZ$2.44 Billion. A company’s total liabilities is the sum of all current and non-current debts and obligations.

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

Total liabilities by year

Year	Total liabilities	Change
2023-12-31	NZ$1.86 B	14.57%
2022-12-31	NZ$1.63 B	42.33%
2021-12-31	NZ$1.14 B	13.31%
2020-12-31	NZ$1.01 B	-38.21%
2019-12-31	NZ$1.63 B	244.58%
2018-12-31	NZ$0.47 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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