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 Gross Profit and its Net Income 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.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crocs Inc Gross Profit account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Crocs' Gross Profit and Net Income is 0.93. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Crocs Inc, assuming nothing else is changed. The correlation between historical values of Crocs' Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Crocs Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Crocs' Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Crocs Inc minus its cost of goods sold. It is profit before Crocs operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Crocs Inc financial statement analysis. It represents the amount of money remaining after all of Crocs Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.4B | 1.9B | 2.2B | 2.3B | Total Revenue | 2.3B | 3.6B | 4.0B | 4.2B |
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.