Crocs (CROX) Interest Expense : $-161 Mil (TTM As of Dec. 2023)

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What is Crocs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Crocs's interest expense for the three months ended in Dec. 2023 was $ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-161 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Crocs's Operating Income for the three months ended in Dec. 2023 was $ 219 Mil. Crocs's Interest Expense for the three months ended in Dec. 2023 was $ -36 Mil. Crocs's Interest Coverage for the quarter that ended in Dec. 2023 was 6.00. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Crocs Interest Expense Historical Data

The historical data trend for Crocs's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Crocs Interest Expense Chart

Crocs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-8.64

-6.74

-21.65

-136.16

-161.35

Crocs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-49.80	-42.64	-43.06	-39.21	-36.44

Crocs Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-161 Mil.

Crocs (NAS:CROX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Crocs's Interest Expense for the three months ended in Dec. 2023 was $-36 Mil. Its Operating Income for the three months ended in Dec. 2023 was $219 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,911 Mil.

Crocs's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	218.801	/	-36.444
	=	6.00

The higher the ratio, the stronger the company's financial strength is.

Crocs (CROX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Crocs Inc (NAS:CROX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CROX:Mexico C7N:Germany

Address

13601 Via Varra, Broomfield, CO, USA, 80020

Website

https://www.crocs.com

Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.

Executives

Adam Michaels	officer: EVP, Chief Digital Officer	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Michelle Poole	officer: EVP CP&M Officer	C/O CROCS, INC., 7477 DRY CREEK PARKWAY, NIWOT CO 80503
Shannon Sisler	officer: EVP, Chief People Officer	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Douglas J Treff	director	3231 S.E. SIXTH AVENUE, TOPEKA KS 66607
Anne Mehlman	officer: CFO	C/O CROCS, INC., 7477 E DRY CREEK PARKWAY, NIWOT CO 80503
Thomas J Smach	director	C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Thomas Britt	officer: EVP, Chief Information Officer	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Andrew Rees	officer: President	C/O CROCS, INC., 7477 DRY CREEK PARKWAY, NIWOT CO 80503
Ian Bickley	director	516 WEST 34TH STREET, NEW YORK NY 10001
Daniel P Hart	officer: EVP-Admin. & Corp. Development	7477 E. DRY CREEK PARKWAY, NIWOT CO 80503
Richard Blackshaw	officer: EVP, Brand President	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Ronald Frasch	director	NEIMAN MARCUS GROUP, 1618 MAIN ST, DALLAS TX 75201
Charisse Ford Hughes	director	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Beth J Kaplan	director	1716 LOCUST STREET, DES MOINES IA 50309
Elaine L Boltz	officer: Chief Operations Officer	C/O CROCS, INC., 7477 E DRY CREEK PARKWAY, NIWOT CO 80503