Crocs Tax Provision vs Ebit Analysis

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 Tax Provision and its Ebit 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.

Tax Provision vs Ebit

Tax Provision vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crocs Inc Tax Provision account and Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Crocs' Tax Provision and Ebit is 0.74. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of Crocs Inc, assuming nothing else is changed. The correlation between historical values of Crocs' Tax Provision and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Crocs Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., Crocs' Tax Provision and Ebit go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Ebit

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.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.9B2.2B2.3B
Total Revenue2.3B3.6B4.0B4.2B

Crocs fundamental ratios Correlations

0.840.41-0.14-0.820.980.90.980.980.950.950.970.960.011.00.090.020.97-0.110.980.960.460.950.450.670.98
0.840.040.14-0.460.720.790.760.80.730.650.810.730.230.820.480.240.77-0.210.70.770.630.780.240.550.85
0.410.04-0.17-0.80.510.40.520.490.530.490.550.560.070.39-0.190.070.54-0.080.50.40.020.490.340.390.26
-0.140.14-0.170.38-0.230.04-0.11-0.22-0.17-0.34-0.19-0.110.83-0.220.610.830.01-0.87-0.260.050.65-0.18-0.080.41-0.21
-0.82-0.46-0.80.38-0.89-0.75-0.87-0.86-0.88-0.89-0.89-0.890.18-0.830.230.18-0.85-0.02-0.88-0.77-0.18-0.86-0.56-0.51-0.74
0.980.720.51-0.23-0.890.870.980.980.950.990.960.97-0.060.98-0.05-0.060.96-0.071.00.950.370.940.490.660.95
0.90.790.40.04-0.750.870.920.860.880.820.90.90.110.880.220.110.92-0.330.850.910.60.890.610.670.85
0.980.760.52-0.11-0.870.980.920.970.980.950.971.00.00.970.040.00.99-0.210.970.950.460.970.550.680.93
0.980.80.49-0.22-0.860.980.860.970.960.950.980.97-0.050.990.04-0.050.96-0.050.970.920.370.960.440.620.95
0.950.730.53-0.17-0.880.950.880.980.960.930.960.97-0.060.950.01-0.050.95-0.120.940.90.380.990.50.610.89
0.950.650.49-0.34-0.890.990.820.950.950.930.920.94-0.180.96-0.16-0.170.920.020.990.920.290.910.50.60.94
0.970.810.55-0.19-0.890.960.90.970.980.960.920.97-0.010.970.09-0.010.96-0.080.950.90.410.970.470.60.93
0.960.730.56-0.11-0.890.970.91.00.970.970.940.97-0.020.950.0-0.020.98-0.210.960.930.440.970.560.660.9
0.010.230.070.830.18-0.060.110.0-0.05-0.06-0.18-0.01-0.02-0.070.751.00.14-0.65-0.080.150.59-0.07-0.320.56-0.07
1.00.820.39-0.22-0.830.980.880.970.990.950.960.970.95-0.070.04-0.060.95-0.040.980.940.410.950.450.610.99
0.090.48-0.190.610.23-0.050.220.040.040.01-0.160.090.00.750.040.750.11-0.41-0.070.120.610.05-0.410.40.07
0.020.240.070.830.18-0.060.110.0-0.05-0.05-0.17-0.01-0.021.0-0.060.750.14-0.65-0.080.150.59-0.07-0.320.56-0.07
0.970.770.540.01-0.850.960.920.990.960.950.920.960.980.140.950.110.14-0.30.950.970.530.940.520.760.9
-0.11-0.21-0.08-0.87-0.02-0.07-0.33-0.21-0.05-0.120.02-0.08-0.21-0.65-0.04-0.41-0.65-0.3-0.04-0.32-0.77-0.09-0.34-0.62-0.02
0.980.70.5-0.26-0.881.00.850.970.970.940.990.950.96-0.080.98-0.07-0.080.95-0.040.940.350.930.470.650.95
0.960.770.40.05-0.770.950.910.950.920.90.920.90.930.150.940.120.150.97-0.320.940.590.880.510.80.92
0.460.630.020.65-0.180.370.60.460.370.380.290.410.440.590.410.610.590.53-0.770.350.590.390.290.790.43
0.950.780.49-0.18-0.860.940.890.970.960.990.910.970.97-0.070.950.05-0.070.94-0.090.930.880.390.490.560.9
0.450.240.34-0.08-0.560.490.610.550.440.50.50.470.56-0.320.45-0.41-0.320.52-0.340.470.510.290.490.260.41
0.670.550.390.41-0.510.660.670.680.620.610.60.60.660.560.610.40.560.76-0.620.650.80.790.560.260.59
0.980.850.26-0.21-0.740.950.850.930.950.890.940.930.9-0.070.990.07-0.070.9-0.020.950.920.430.90.410.59
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Crocs Account Relationship Matchups

Crocs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets738.8M1.1B1.5B4.5B4.6B4.9B
Total Stockholder Equity131.9M290.6M14.1M817.9M1.5B1.5B
Other Assets35.1M529.1M2.1B539.4M620.3M651.3M
Common Stock Shares Outstanding71.8M68.5M63.7M62.0M62.0M61.4M
Liabilities And Stockholders Equity738.8M1.1B1.5B4.5B4.6B4.9B
Other Stockholder Equity(50.3M)(206.5M)(1.2B)(897.9M)(1.1B)(1.0B)
Total Liab606.9M828.1M1.5B3.7B3.2B3.3B
Other Current Liab109.1M79.6M124.0M182.0M223.5M234.7M
Total Current Liabilities257.2M291.6M388.2M641.3M698.3M733.2M
Other Liab4.5M210.1M222.1M529.4M608.9M639.3M
Property Plant And Equipment Net229.6M224.9M269.2M421.4M525.8M552.0M
Net Debt285.5M237.7M750.4M2.4B1.8B1.9B
Retained Earnings240.5M553.3M1.3B1.8B2.6B2.7B
Accounts Payable95.8M112.8M162.1M230.8M261.0M274.0M
Cash108.3M135.8M213.2M191.6M149.3M150.9M
Non Current Assets Total313.4M625.9M878.5M3.5B3.7B3.9B
Non Currrent Assets Other8.1M8.9M8.1M7.9M35.3M18.2M
Cash And Short Term Investments108.3M135.8M213.2M191.6M149.3M152.1M
Net Receivables118.3M162.5M217.2M329.2M331.2M347.8M
Common Stock Total Equity104K105K106K110K99K155.4K
Non Current Liabilities Total349.7M536.5M1.1B3.0B2.5B2.6B
Inventory172.0M175.1M213.5M471.6M385.1M404.3M
Other Current Assets25.4M19.4M22.7M33.6M45.1M27.0M
Property Plant And Equipment Gross229.6M224.9M269.2M421.4M646.3M678.6M
Total Current Assets425.4M492.8M666.6M1.0B910.7M485.6M
Accumulated Other Comprehensive Income(58.4M)(56.4M)(76.8M)(103.5M)(95.8M)(91.0M)
Intangible Assets47.1M37.6M28.8M1.8B1.8B1.9B
Common Stock104K105K106K110K99K152.2K
Property Plant Equipment47.4M57.5M108.4M181.5M208.8M219.2M
Short Long Term Debt Total393.7M373.5M963.6M2.6B2.0B2.1B
Current Deferred Revenue3.7M112.8M156.8M89.2M66.0M34.1M
Long Term Debt205M180M771.4M2.3B1.6B1.7B
Good Will1.6M1.7M1.6M714.8M711.6M747.2M
Short Term Debt48.6M94.1M85.9M139.3M147.9M155.3M
Treasury Stock(546.2M)(688.8M)(1.7B)(1.7B)(1.5B)(1.4B)
Net Tangible Assets83.2M251.3M(16.3M)(1.7B)(1.5B)(1.5B)
Retained Earnings Total Equity240.5M553.3M1.3B1.8B2.1B2.2B
Capital Surpluse495.9M482.4M496.0M797.6M917.3M493.2M

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