ROOT: the balance sheet

MyFinsight

For the year ending 2025-12-31, ROOT has $1,674,500K in assets. $1,278,200K in debts. $669,300K in cash and cash equivalents.

Balance Sheets	2025-12-31
Fixed maturities available-for-sale, at fair value (amortized cost 383.1 and 294.3 at december31, 2025 and december31, 2024, respectively)	387,000
Short-term investments (amortized cost zero and 14.8 at december31, 2025 and december31, 2024, respectively)	0
Other investments	4,400
Total investments	391,400
Cash and cash equivalents	669,300
Restricted cash and cash equivalents	20,600
Premiums receivable, net of allowance of 8.9 and 9.8 at december31, 2025 and december31, 2024, respectively	332,800
Reinsurance recoverable and receivable, net of allowance of 0.1 at december31, 2025 and december31, 2024	129,800
Prepaid reinsurance premiums	6,300
Other assets	124,300
Total assets	1,674,500

Loss and loss adjustment expense reserves	483,600
Unearned premiums	393,700
Long-term debt	200,300
Reinsurance premiums payable	2,400
Accounts payable and accrued expenses	74,200
Other liabilities	124,000
Total liabilities	1,278,200
Redeemable convertible preferred stock, 0.0001 par value, 14.1 shares issued and outstanding at december31, 2025 and december31, 2024 (redemption value of 126.5) (note 11)	112,000
Common stock-Common Class A	0
Common stock-Common Class B	0
Additional paid-in capital	1,922,000
Accumulated other comprehensive income (loss)	3,900
Accumulated loss	-1,641,600
Total stockholders equity	284,300
Total liabilities, redeemable convertible preferred stock and stockholders equity	1,674,500

Unit: Thousand (K) dollars (except for numbers of shares and EPS).