Crocs Inc (CROX)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 180,485 | 186,122 | 167,734 | 159,286 | 149,288 | 127,320 | 166,235 | 125,687 | 191,629 | 142,971 | 187,352 | 171,969 | 213,197 | 436,601 | 197,853 | 255,869 | 135,802 | 123,562 | 151,370 | 107,038 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 740,208 | 692,526 | 686,416 | 628,561 | 698,296 | 647,877 | 665,940 | 634,366 | 641,274 | 571,160 | 602,144 | 530,785 | 388,243 | 350,215 | 380,922 | 325,748 | 291,584 | 278,610 | 232,979 | 236,031 |
| Cash ratio | 0.24 | 0.27 | 0.24 | 0.25 | 0.21 | 0.20 | 0.25 | 0.20 | 0.30 | 0.25 | 0.31 | 0.32 | 0.55 | 1.25 | 0.52 | 0.79 | 0.47 | 0.44 | 0.65 | 0.45 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($180,485K
+ $—K)
÷ $740,208K
= 0.24
The cash ratio of Crocs Inc has fluctuated over the past few years, indicating changes in the company's ability to cover its short-term liabilities with cash and cash equivalents. As of December 31, 2024, the cash ratio stood at 0.24, which means that the company had $0.24 in cash and cash equivalents for every $1 of current liabilities.
Looking at the trend over the years, the cash ratio has shown some variability, with values ranging from a low of 0.20 in March 31, 2023, to a high of 1.25 in September 30, 2021. The fluctuations in the cash ratio suggest that Crocs Inc's liquidity position has been somewhat volatile during this period.
A sustained analysis of the cash ratio may help to assess the company's ability to meet its short-term obligations and manage liquidity effectively. It is important for stakeholders to monitor changes in the cash ratio to understand the company's financial health and its ability to weather potential financial challenges.
Peer comparison
Dec 31, 2024