CRDO
Price:
$271.83
Market Cap:
$50.69B
Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, t...[Read more]
Industry
Communication Equipment
IPO Date
2022-01-27
Stock Exchange
NASDAQ
Ticker
CRDO
According to Credo Technology Group Holding Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 10.15. This represents a change of 9.05% compared to the average of 9.31 of the last 4 quarters.
The mean historical Current Ratio of Credo Technology Group Holding Ltd over the last ten years is 9.70. The current 10.15 Current Ratio has changed 10.36% with respect to the historical average. Over the past ten years (40 quarters), CRDO's Current Ratio was at its highest in in the January 2024 quarter at 12.72. The Current Ratio was at its lowest in in the July 2020 quarter at 0.
Average
9.70
Median
10.58
Minimum
5.16
Maximum
12.54
Discovering the peaks and valleys of Credo Technology Group Holding Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 113.11%
Maximum Annual Current Ratio = 12.54
Minimum Annual Increase = -44.26%
Minimum Annual Current Ratio = 5.16
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 10.15 | 53.26% |
| 2025 | 6.62 | -44.26% |
| 2024 | 11.88 | 12.35% |
| 2023 | 10.58 | -15.63% |
| 2022 | 12.54 | 14.01% |
| 2021 | 11.00 | 113.11% |
The current Current Ratio of Credo Technology Group Holding Ltd (CRDO) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
9.55
5-year avg
10.36
10-year avg
9.70
Credo Technology Group Holding Ltd’s Current Ratio is greater than Hewlett Packard Enterprise Company (1.09), greater than Ciena Corporation (2.73), greater than Telefonaktiebolaget LM Ericsson (publ) (1.12), less than Astera Labs, Inc. Common Stock (11.30), greater than Everpure, Inc (1.62), greater than Fidelity National Information Services, Inc. (0.59), greater than Keysight Technologies, Inc. (1.90), greater than Nokia Oyj (1.57), greater than Sandisk Corporation (4.78), greater than Super Micro Computer, Inc. (2.66),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.09 | $62.78B | |
| 2.73 | $60.62B | |
| 1.12 | $37.76B | |
| 11.30 | $71.49B | |
| 1.62 | $28.49B | |
| 0.59 | $19.75B | |
| 1.90 | $62.15B | |
| 1.57 | $72.86B | |
| 4.78 | $323.54B | |
| 2.66 | $18.44B |
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