Crocs Balance Sheet Health
Financial Health criteria checks 3/6
Crocs has a total shareholder equity of $1.5B and total debt of $1.7B, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are $4.6B and $3.2B respectively. Crocs's EBIT is $1.0B making its interest coverage ratio 6.6. It has cash and short-term investments of $149.3M.
Key information
114.5%
Debt to equity ratio
US$1.66b
Debt
Interest coverage ratio | 6.6x |
Cash | US$149.29m |
Equity | US$1.45b |
Total liabilities | US$3.19b |
Total assets | US$4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C7N's short term assets ($910.7M) exceed its short term liabilities ($698.3M).
Long Term Liabilities: C7N's short term assets ($910.7M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: C7N's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: C7N's debt to equity ratio has increased from 79.8% to 114.5% over the past 5 years.
Debt Coverage: C7N's debt is well covered by operating cash flow (55.9%).
Interest Coverage: C7N's interest payments on its debt are well covered by EBIT (6.6x coverage).