Root, Inc. Annual Interest Expense in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Root, Inc. quarterly/annual Interest Expense history and growth rate from 2018 to 2023.
  • Root, Inc. Interest Expense for the quarter ending March 31, 2024 was $11.6M, a 4.51% increase year-over-year.
  • Root, Inc. Interest Expense for the twelve months ending March 31, 2024 was $46.6M, a 15.9% increase year-over-year.
  • Root, Inc. annual Interest Expense for 2023 was $46.1M, a 33.2% increase from 2022.
  • Root, Inc. annual Interest Expense for 2022 was $34.6M, a 73% increase from 2021.
  • Root, Inc. annual Interest Expense for 2021 was $20M, a 74.3% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $46.1M +$11.5M +33.2% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-21
2022 $34.6M +$14.6M +73% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-21
2021 $20M -$57.7M -74.3% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-21
2020 $77.7M +$55.4M +248% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-22
2019 $22.3M +$21.4M +2378% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $900K Jan 1, 2018 Dec 31, 2018 10-K 2021-03-04
* An asterisk sign (*) next to the value indicates that the value is likely invalid.