Crocs Balance Sheet Health
Financial Health criteria checks 4/6
Crocs has a total shareholder equity of $1.6B and total debt of $1.7B, which brings its debt-to-equity ratio to 108.1%. Its total assets and total liabilities are $4.8B and $3.2B respectively. Crocs's EBIT is $1.1B making its interest coverage ratio 7.2. It has cash and short-term investments of $159.3M.
Key information
108.1%
Debt to equity ratio
US$1.73b
Debt
Interest coverage ratio | 7.2x |
Cash | US$159.29m |
Equity | US$1.60b |
Total liabilities | US$3.20b |
Total assets | US$4.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CROX *'s short term assets ($1.1B) exceed its short term liabilities ($628.6M).
Long Term Liabilities: CROX *'s short term assets ($1.1B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CROX *'s net debt to equity ratio (98.2%) is considered high.
Reducing Debt: CROX *'s debt to equity ratio has reduced from 174.9% to 108.1% over the past 5 years.
Debt Coverage: CROX *'s debt is well covered by operating cash flow (51.7%).
Interest Coverage: CROX *'s interest payments on its debt are well covered by EBIT (7.2x coverage).