Crocs Inc (CROX)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,349,340 | 1,421,950 | 1,529,570 | 1,727,150 | 1,641,000 | 1,918,670 | 2,007,480 | 2,250,290 | 2,298,030 | 2,595,770 | 2,743,510 | 2,851,260 | 771,390 | 685,955 | 386,383 | 341,103 | 180,000 | 135,000 | 275,000 | 350,000 |
| Total assets | US$ in thousands | 4,812,150 | 4,713,150 | 4,719,800 | 4,795,600 | 4,643,830 | 4,581,360 | 4,603,120 | 4,595,640 | 4,501,800 | 4,543,170 | 4,586,640 | 4,470,660 | 1,545,070 | 1,745,060 | 1,493,800 | 1,362,320 | 1,118,720 | 802,045 | 810,884 | 836,240 |
| Debt-to-assets ratio | 0.28 | 0.30 | 0.32 | 0.36 | 0.35 | 0.42 | 0.44 | 0.49 | 0.51 | 0.57 | 0.60 | 0.64 | 0.50 | 0.39 | 0.26 | 0.25 | 0.16 | 0.17 | 0.34 | 0.42 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,349,340K ÷ $4,812,150K
= 0.28
The debt-to-assets ratio of Crocs Inc has been fluctuating over the past few years, indicating changes in the company's financial leverage and capital structure. The ratio has shown a downward trend from 0.42 as of March 31, 2020, to 0.28 as of December 31, 2024.
During this period, the company's debt-to-assets ratio reached its lowest point of 0.16 as of December 31, 2020, indicating a relatively lower proportion of debt to assets at that point. However, the ratio increased to 0.64 as of March 31, 2022, then showed a decreasing trend until reaching 0.28 by December 31, 2024.
Overall, the downward trend in the debt-to-assets ratio suggests that Crocs Inc has been gradually decreasing its reliance on debt financing in relation to its total assets, which can be seen as a positive sign of financial stability and reduced financial risk for the company.
Peer comparison
Dec 31, 2024