CRDO
Price:
$45.84
Market Cap:
$7.61B
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.[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 7.81. This represents a change of -24.21% compared to the average of 10.31 of the last 4 quarters.
The mean historical Current Ratio of Credo Technology Group Holding Ltd over the last ten years is 10.23. The current 7.81 Current Ratio has changed 7.54% 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
10.23
Median
11.00
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 = -15.63%
Minimum Annual Current Ratio = 5.16
Year | Current Ratio | Change |
---|---|---|
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 less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
11.67
5-year avg
10.23
10-year avg
10.23
Credo Technology Group Holding Ltd’s Current Ratio is greater than Zebra Technologies Corporation (1.37), greater than Ubiquiti Inc. (2.54), greater than Ciena Corporation (4.06), less than Clearfield, Inc. (9.43), greater than Viavi Solutions Inc. (3.71), greater than Infinera Corporation (1.58), greater than Applied Optoelectronics, Inc. (1.61), greater than Juniper Networks, Inc. (1.72), greater than Cisco Systems, Inc. (0.88), greater than Nokia Oyj (1.82), greater than Motorola Solutions, Inc. (1.25), greater than Lumentum Holdings Inc. (5.36), greater than Extreme Networks, Inc. (0.91), greater than Actelis Networks, Inc. (1.42), greater than ClearOne, Inc. (6.92), greater than Siyata Mobile Inc. (1.03), greater than Satixfy Communications Ltd. (0.47), less than Wireless Telecom Group, Inc. (9.09),
Company | Current Ratio | Market cap |
---|---|---|
1.37 | $20.49B | |
2.54 | $21.68B | |
4.06 | $10.13B | |
9.43 | $432.52M | |
3.71 | $2.24B | |
1.58 | $1.57B | |
1.61 | $1.71B | |
1.72 | $11.89B | |
0.88 | $233.19B | |
1.82 | $22.79B | |
1.25 | $83.71B | |
5.36 | $6.12B | |
0.91 | $2.12B | |
1.42 | $7.57M | |
6.92 | $11.86M | |
1.03 | $3.99M | |
0.47 | $70.40M | |
9.09 | $45.31M |
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