CROXCrocs, Inc.

$123.67

Is it safe?

Can CROX take a bad year?

Crocs, Inc. carries $1.20B of net debt at 5.78× EBITDA: a heavy load to carry through a bad year.

$1.20B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
5.78×

Net debt / EBITDA · 1.21× a year ago · the load is going up

Altman Z-score
3.54

Altman Z-score · safe zone, above 3

Interest cover
1.48×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ1 2026
$1.34B
Cash and short-term investments
$131M
Net debt
$1.20B
EBITDA, trailing twelve months
$208M
Operating profit, trailing twelve months
$127M
Debt / equity
0.94×
Total debt / EBITDA
6.41×
Annualised volatilitytwo years of daily moves
53%
Worst drawdown on file
−75%
Below its 52-week high
−12%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.