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 Income Before Tax and its Non Operating Income Net Other 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.
Income Before Tax vs Non Operating Income Net Other
Income Before Tax vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crocs Inc Income Before Tax account and
Non Operating Income Net Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Crocs' Income Before Tax and Non Operating Income Net Other is 0.81. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Crocs Inc, assuming nothing else is changed. The correlation between historical values of Crocs' Income Before Tax and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Crocs Inc are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Income Before Tax i.e., Crocs' Income Before Tax and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Crocs income statement and is an important metric when analyzing Crocs Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Non Operating Income Net Other
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.