Crocs Inc (CROX)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,812,150 | 4,643,830 | 4,501,800 | 1,545,070 | 1,118,720 |
| Total stockholders’ equity | US$ in thousands | 1,835,730 | 1,453,920 | 817,931 | 14,082 | 290,633 |
| Financial leverage ratio | 2.62 | 3.19 | 5.50 | 109.72 | 3.85 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,812,150K ÷ $1,835,730K
= 2.62
Crocs Inc's financial leverage ratio has shown significant fluctuations over the past five years. In December 2020, the ratio stood at 3.85, indicating that the company had $3.85 in debt for every $1 of equity. This ratio spiked to 109.72 by December 2021, suggesting a substantial increase in financial leverage, potentially due to a significant increase in debt or a decrease in equity. However, in the following years, the ratio decreased significantly to 5.50 in December 2022, 3.19 in December 2023, and further to 2.62 in December 2024. These decreases indicate a trend towards lower financial leverage, which could suggest improved financial stability and reduced reliance on debt financing. Overall, the fluctuating trend in Crocs Inc's financial leverage ratio highlights the company's changing capital structure and the importance of monitoring leverage levels for financial health.
Peer comparison
Dec 31, 2024