Crocs Net Income vs Depreciation Analysis

CROX Stock  USD 103.15  2.95  2.78%   
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 Net Income and its Depreciation 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.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crocs Inc Net Income account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Crocs' Net Income and Depreciation is 0.72. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Crocs Inc, assuming nothing else is changed. The correlation between historical values of Crocs' Net Income and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Crocs Inc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Crocs' Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Depreciation

Depreciation indicates how much of Crocs Inc value has been used up. For tax purposes Crocs can deduct the cost of the tangible assets it purchases as business expenses. However, Crocs Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 6.86 in 2025, despite the fact that Tax Provision is likely to grow to (37.5 M).
 2022 2023 2024 2025 (projected)
Gross Profit1.9B2.2B2.4B2.5B
Total Revenue3.6B4.0B4.1B4.3B

Crocs fundamental ratios Correlations

0.880.41-0.2-0.890.980.930.980.990.960.660.960.970.021.00.150.020.95-0.110.970.810.610.960.460.720.98
0.880.120.0-0.70.750.90.830.840.810.270.90.80.160.870.430.170.75-0.160.730.580.710.860.30.570.88
0.410.12-0.19-0.710.510.380.50.490.520.430.480.550.080.39-0.170.080.55-0.090.50.380.090.470.340.40.27
-0.20.0-0.190.39-0.27-0.1-0.17-0.26-0.22-0.3-0.24-0.170.82-0.270.580.82-0.02-0.86-0.290.060.43-0.23-0.110.33-0.26
-0.89-0.7-0.710.39-0.9-0.85-0.92-0.92-0.92-0.57-0.94-0.930.15-0.90.10.15-0.85-0.01-0.89-0.65-0.42-0.92-0.56-0.54-0.83
0.980.750.51-0.27-0.90.870.970.970.950.790.910.97-0.050.970.01-0.050.96-0.081.00.850.520.930.490.730.95
0.930.90.38-0.1-0.850.870.950.90.920.480.950.930.040.930.270.050.88-0.230.850.710.690.940.560.650.9
0.980.830.5-0.17-0.920.970.950.980.980.650.961.00.00.980.10.010.96-0.190.960.80.610.980.550.720.94
0.990.840.49-0.26-0.920.970.90.980.960.640.970.97-0.030.990.08-0.030.93-0.060.960.770.540.960.460.670.96
0.960.810.52-0.22-0.920.950.920.980.960.630.950.98-0.050.960.08-0.040.93-0.120.940.760.550.990.510.670.91
0.660.270.43-0.3-0.570.790.480.650.640.630.470.66-0.150.65-0.17-0.150.75-0.020.810.820.240.560.360.650.66
0.960.90.48-0.24-0.940.910.950.960.970.950.470.95-0.020.960.14-0.020.87-0.060.890.660.580.980.470.590.92
0.970.80.55-0.17-0.930.970.931.00.970.980.660.95-0.010.960.06-0.010.96-0.20.950.80.590.970.560.710.92
0.020.160.080.820.15-0.050.040.0-0.03-0.05-0.15-0.02-0.01-0.050.741.00.16-0.65-0.060.210.48-0.06-0.30.52-0.06
1.00.870.39-0.27-0.90.970.930.980.990.960.650.960.96-0.050.11-0.050.92-0.050.960.780.570.960.460.670.99
0.150.43-0.170.580.10.010.270.10.080.08-0.170.140.060.740.110.740.17-0.4-0.010.180.570.12-0.390.420.13
0.020.170.080.820.15-0.050.050.01-0.03-0.04-0.15-0.02-0.011.0-0.050.740.16-0.65-0.060.210.48-0.06-0.30.52-0.06
0.950.750.55-0.02-0.850.960.880.960.930.930.750.870.960.160.920.170.16-0.330.950.90.640.90.520.850.89
-0.11-0.16-0.09-0.86-0.01-0.08-0.23-0.19-0.06-0.12-0.02-0.06-0.2-0.65-0.05-0.4-0.65-0.33-0.06-0.41-0.65-0.09-0.34-0.59-0.03
0.970.730.5-0.29-0.891.00.850.960.960.940.810.890.95-0.060.96-0.01-0.060.95-0.060.860.50.910.480.730.95
0.810.580.380.06-0.650.850.710.80.770.760.820.660.80.210.780.180.210.9-0.410.860.720.710.450.940.79
0.610.710.090.43-0.420.520.690.610.540.550.240.580.590.480.570.570.480.64-0.650.50.720.570.340.80.59
0.960.860.47-0.23-0.920.930.940.980.960.990.560.980.97-0.060.960.12-0.060.9-0.090.910.710.570.50.620.92
0.460.30.34-0.11-0.560.490.560.550.460.510.360.470.56-0.30.46-0.39-0.30.52-0.340.480.450.340.50.30.43
0.720.570.40.33-0.540.730.650.720.670.670.650.590.710.520.670.420.520.85-0.590.730.940.80.620.30.66
0.980.880.27-0.26-0.830.950.90.940.960.910.660.920.92-0.060.990.13-0.060.89-0.030.950.790.590.920.430.66
Click cells to compare fundamentals

Crocs Account Relationship Matchups

Crocs fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.5B4.5B4.6B4.8B5.1B
Total Stockholder Equity290.6M14.1M817.9M1.5B1.8B1.9B
Other Assets35.1M529.1M2.1B539.4M620.3M651.3M
Common Stock Shares Outstanding68.5M63.7M62.0M62.0M59.8M60.8M
Liabilities And Stockholders Equity1.1B1.5B4.5B4.6B4.8B5.1B
Other Stockholder Equity(206.5M)(1.2B)(897.9M)(1.1B)(1.6B)(1.5B)
Total Liab828.1M1.5B3.7B3.2B3.0B3.1B
Other Current Liab79.6M124.0M182.0M285.8M298.1M313.0M
Total Current Liabilities291.6M388.2M641.3M698.3M740.2M777.2M
Other Liab4.5M210.1M222.1M529.4M608.9M639.3M
Property Plant And Equipment Net224.9M269.2M421.4M525.8M551.6M579.1M
Net Debt237.7M750.4M2.4B1.8B171.5M191.7M
Retained Earnings553.3M1.3B1.8B2.6B3.6B3.7B
Accounts Payable112.8M162.1M230.8M261.0M264.9M278.1M
Cash135.8M213.2M191.6M149.3M180.5M153.1M
Non Current Assets Total625.9M878.5M3.5B3.7B3.9B4.1B
Non Currrent Assets Other8.9M8.1M7.9M35.3M27.4M18.8M
Cash And Short Term Investments135.8M213.2M191.6M149.3M180.5M154.2M
Net Receivables162.5M217.2M329.2M331.2M279.9M293.9M
Common Stock Total Equity104K105K106K110K99K155.4K
Non Current Liabilities Total536.5M1.1B3.0B2.5B2.2B2.3B
Inventory175.1M213.5M471.6M385.1M356.3M184.8M
Other Current Assets19.4M22.7M33.6M45.1M55.7M28.5M
Property Plant And Equipment Gross224.9M269.2M421.4M646.3M705.0M740.3M
Total Current Assets492.8M666.6M1.0B910.7M872.3M507.1M
Accumulated Other Comprehensive Income(56.4M)(76.8M)(103.5M)(95.8M)(132.6M)(126.0M)
Intangible Assets37.6M28.8M1.8B1.8B1.8B1.9B
Common Stock104K105K106K110K99K149.3K
Property Plant Equipment47.4M57.5M108.4M181.5M208.8M219.2M
Short Long Term Debt Total373.5M963.6M2.6B2.0B352.0M361.3M
Current Deferred Revenue112.8M156.8M89.2M66.0M75.8M79.6M
Long Term Debt180M771.4M2.3B1.6B1.3B1.4B
Good Will1.7M1.6M714.8M711.6M711.5M747.1M
Short Term Debt94.1M85.9M139.3M85.6M68.6M72.0M
Treasury Stock(546.2M)(688.8M)(1.7B)(1.7B)(1.5B)(1.4B)
Net Tangible Assets83.2M251.3M(16.3M)(1.7B)(1.5B)(1.5B)
Retained Earnings Total Equity240.5M553.3M1.3B1.8B2.1B2.2B
Capital Surpluse495.9M482.4M496.0M797.6M917.3M493.2M

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