For the quarter ending 2025-09-30, ROOT has $1,642,400K in assets. $1,265,400K in debts. $653,300K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Fixed maturities available-for-sale, at fair value (amortized cost 354.3 and 294.3 at september30, 2025 and december31, 2024, respectively) | 357,800 | 319,200 | ||
| Short-term investments (amortized cost zero and 14.8 at september30, 2025 and december31, 2024, respectively) | 0 | - | ||
| Other investments | 4,400 | 4,400 | ||
| Total investments | 362,200 | 327,100 | ||
| Cash and cash equivalents | 653,300 | 641,400 | ||
| Restricted cash | 1,100 | 1,100 | ||
| Premiums receivable, net of allowance of 8.0 and 9.8 at september30, 2025 and december31, 2024, respectively | 352,500 | 341,300 | ||
| Reinsurance recoverable and receivable, net of allowance of 0.1 at september30, 2025 and december31, 2024 | 142,300 | 145,500 | ||
| Prepaid reinsurance premiums | 11,700 | 14,900 | ||
| Other assets | 119,300 | 116,400 | ||
| Total assets | 1,642,400 | 1,587,700 | ||
| Loss and loss adjustment expense reserves | 462,900 | 444,500 | ||
| Unearned premiums | 409,300 | 395,200 | ||
| Long-term debt | 200,400 | 200,100 | ||
| Reinsurance premiums payable | 12,000 | 15,800 | ||
| Accounts payable and accrued expenses | 58,600 | 52,300 | ||
| Other liabilities | 122,200 | 123,300 | ||
| Total liabilities | 1,265,400 | 1,231,200 | ||
| Redeemable convertible preferred stock, 0.0001 par value, 100.0 shares authorized, 14.1 shares issued and outstanding at september30, 2025 and december31, 2024 (redemption value of 126.5) | 112,000 | 112,000 | ||
| Common stock, value-Common Class A | 0 | 0 | ||
| Common stock, value-Common Class B | 0 | 0 | ||
| Additional paid-in capital | 1,908,400 | 1,883,700 | ||
| Accumulated other comprehensive income (loss) | 3,500 | 2,300 | ||
| Accumulated loss | -1,646,900 | -1,641,500 | ||
| Total stockholders equity | 265,000 | 244,500 | ||
| Total liabilities, redeemable convertible preferred stock and stockholders equity | 1,642,400 | 1,587,700 | ||
Root, Inc. (ROOT)
Root, Inc. (ROOT)