CROX Stock | | | USD 105.60 1.54 1.48% |
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 Ebit and its Income Tax Expense 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.
Ebit vs Income Tax Expense
Ebit vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crocs Inc Ebit account and
Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Crocs' Ebit and Income Tax Expense is 0.51. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Crocs Inc, assuming nothing else is changed. The correlation between historical values of Crocs' Ebit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Crocs Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebit i.e., Crocs' Ebit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ebit
Income Tax Expense
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'
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 7.29 in 2024, whereas
Selling General Administrative is likely to drop slightly above 432.5
M in 2024.
Crocs fundamental ratios Correlations
Click cells to compare fundamentals
Crocs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crocs fundamental ratios Accounts
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Additional Tools for Crocs Stock Analysis
When running Crocs' price analysis, check to
measure Crocs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crocs is operating at the current time. Most of Crocs' value examination focuses on studying past and present price action to
predict the probability of Crocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crocs' price. Additionally, you may evaluate how the addition of Crocs to your portfolios can decrease your overall portfolio volatility.