Crocs Inc (CROX)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,835,730 | 1,725,120 | 1,653,210 | 1,597,060 | 1,453,920 | 1,200,260 | 1,189,690 | 968,500 | 817,931 | 630,802 | 491,965 | 349,170 | 14,082 | 352,831 | 358,764 | 326,231 | 290,633 | 227,987 | 156,884 | 94,029 |
| Debt-to-equity ratio | 0.74 | 0.82 | 0.93 | 1.08 | 1.13 | 1.60 | 1.69 | 2.32 | 2.81 | 4.12 | 5.58 | 8.17 | 54.78 | 1.94 | 1.08 | 1.05 | 0.62 | 0.59 | 1.75 | 3.72 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,349,340K ÷ $1,835,730K
= 0.74
Crocs Inc's debt-to-equity ratio has exhibited significant fluctuations over the reported periods. The ratio stood at a high of 54.78 as of December 31, 2021, indicating a substantial amount of debt relative to equity at that time. However, the company has since reduced its debt levels significantly, with the ratio declining to 0.74 by the end of December 31, 2024.
These fluctuations suggest that Crocs Inc has actively managed its capital structure and debt levels over the period in question. It is important to note that a high debt-to-equity ratio can indicate increased financial risk, while a lower ratio may suggest a more conservative financial approach.
Overall, the downward trend in the debt-to-equity ratio from 2021 to 2024 indicates an improved balance between debt and equity financing for Crocs Inc, which could potentially enhance the company's financial stability and long-term sustainability.
Peer comparison
Dec 31, 2024