Roots Corporation

TSX:ROOT Stock Report

Market Cap: CA$88.6m

Roots Balance Sheet Health

Financial Health criteria checks 4/6

Roots has a total shareholder equity of CA$179.7M and total debt of CA$52.2M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CA$370.6M and CA$190.9M respectively. Roots's EBIT is CA$15.1M making its interest coverage ratio 1.7. It has cash and short-term investments of CA$5.3M.

Key information

29.1%

Debt to equity ratio

CA$52.25m

Debt

Interest coverage ratio1.7x
CashCA$5.33m
EquityCA$179.75m
Total liabilitiesCA$190.89m
Total assetsCA$370.63m

Recent financial health updates

Is Roots (TSE:ROOT) A Risky Investment?

May 29
Is Roots (TSE:ROOT) A Risky Investment?

These 4 Measures Indicate That Roots (TSE:ROOT) Is Using Debt Extensively

Dec 23
These 4 Measures Indicate That Roots (TSE:ROOT) Is Using Debt Extensively

We Think Roots (TSE:ROOT) Is Taking Some Risk With Its Debt

Apr 08
We Think Roots (TSE:ROOT) Is Taking Some Risk With Its Debt

Here's Why Roots (TSE:ROOT) Has A Meaningful Debt Burden

Jul 19
Here's Why Roots (TSE:ROOT) Has A Meaningful Debt Burden

Auditors Are Concerned About Roots (TSE:ROOT)

Apr 11
Auditors Are Concerned About Roots (TSE:ROOT)

Recent updates

Investors Met With Slowing Returns on Capital At Roots (TSE:ROOT)

Nov 30
Investors Met With Slowing Returns on Capital At Roots (TSE:ROOT)

Is Roots (TSE:ROOT) A Risky Investment?

May 29
Is Roots (TSE:ROOT) A Risky Investment?

These Return Metrics Don't Make Roots (TSE:ROOT) Look Too Strong

Oct 04
These Return Metrics Don't Make Roots (TSE:ROOT) Look Too Strong

These 4 Measures Indicate That Roots (TSE:ROOT) Is Using Debt Extensively

Dec 23
These 4 Measures Indicate That Roots (TSE:ROOT) Is Using Debt Extensively

We Think Roots (TSE:ROOT) Is Taking Some Risk With Its Debt

Apr 08
We Think Roots (TSE:ROOT) Is Taking Some Risk With Its Debt

Returns At Roots (TSE:ROOT) Appear To Be Weighed Down

Jan 18
Returns At Roots (TSE:ROOT) Appear To Be Weighed Down

Here's Why Roots (TSE:ROOT) Has A Meaningful Debt Burden

Jul 19
Here's Why Roots (TSE:ROOT) Has A Meaningful Debt Burden

A Look At The Intrinsic Value Of Roots Corporation (TSE:ROOT)

Jun 01
A Look At The Intrinsic Value Of Roots Corporation (TSE:ROOT)

Roots' (TSE:ROOT) Solid Earnings May Rest On Weak Foundations

Apr 17
Roots' (TSE:ROOT) Solid Earnings May Rest On Weak Foundations

Auditors Are Concerned About Roots (TSE:ROOT)

Apr 11
Auditors Are Concerned About Roots (TSE:ROOT)

The Trends At Roots (TSE:ROOT) That You Should Know About

Feb 19
The Trends At Roots (TSE:ROOT) That You Should Know About

These 4 Measures Indicate That Roots (TSE:ROOT) Is Using Debt Extensively

Jan 15
These 4 Measures Indicate That Roots (TSE:ROOT) Is Using Debt Extensively

What Type Of Returns Would Roots'(TSE:ROOT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Dec 10
What Type Of Returns Would Roots'(TSE:ROOT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Financial Position Analysis

Short Term Liabilities: ROOT's short term assets (CA$87.1M) exceed its short term liabilities (CA$66.8M).

Long Term Liabilities: ROOT's short term assets (CA$87.1M) do not cover its long term liabilities (CA$124.1M).

Debt to Equity History and Analysis

Debt Level: ROOT's net debt to equity ratio (26.1%) is considered satisfactory.

Reducing Debt: ROOT's debt to equity ratio has reduced from 68.1% to 29.1% over the past 5 years.

Debt Coverage: ROOT's debt is well covered by operating cash flow (62.9%).

Interest Coverage: ROOT's interest payments on its debt are not well covered by EBIT (1.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/11/02
Annual Earnings2024/02/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Roots Corporation is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John MorrisBMO Capital Markets Equity Research
Matthew LeeCanaccord Genuity
Matt BankCIBC Capital Markets