CROX Stock | | | USD 101.81 3.22 3.27% |
Crocs financial indicator trend analysis is way more than just evaluating Crocs Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crocs Inc is a good investment. Please check the relationship between Crocs Current Deferred Revenue and its Capex To Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Crocs Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Current Deferred Revenue vs Capex To Revenue
Current Deferred Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crocs Inc Current Deferred Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Crocs' Current Deferred Revenue and Capex To Revenue is -0.21. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Crocs Inc, assuming nothing else is changed. The correlation between historical values of Crocs' Current Deferred Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Crocs Inc are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Current Deferred Revenue i.e., Crocs' Current Deferred Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Crocs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crocs Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Crocs Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Crocs'
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 7.29 in 2024, whereas
Selling General Administrative is likely to drop slightly above 432.5
M in 2024.
Crocs fundamental ratios Correlations
Click cells to compare fundamentals
Crocs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crocs fundamental ratios Accounts
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Additional Tools for Crocs Stock Analysis
When running Crocs' price analysis, check to
measure Crocs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crocs is operating at the current time. Most of Crocs' value examination focuses on studying past and present price action to
predict the probability of Crocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crocs' price. Additionally, you may evaluate how the addition of Crocs to your portfolios can decrease your overall portfolio volatility.