Credo Technology Group Holding Ltd (CRDO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Credo Technology Group Holding Ltd (CRDO) has a cash flow conversion efficiency ratio of 0.088x as of April 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($182.24 Million) by net assets ($2.06 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Credo Technology Group Holding Ltd net asset quality index to measure how much of total assets are equity-financed.
Credo Technology Group Holding Ltd - Cash Flow Conversion Efficiency Trend (2020–2026)
This chart illustrates how Credo Technology Group Holding Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Credo Technology Group Holding Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Credo Technology Group Holding Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Credo Technology Group Holding Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Samsung C&T Corp
KO:028260
|
0.018x |
|
ERSTE GP BNK AG ADR 1/2
F:EBOR
|
0.070x |
|
China CSSC Holdings Ltd
SHG:600150
|
0.014x |
|
WEG S.A.
SA:WEGE3
|
0.066x |
|
Celestica Inc.
TO:CLS
|
0.170x |
|
Compagnie de Saint-Gobain S.A.
PA:SGO
|
0.167x |
|
3I GROUP PLC ADR 1/2
F:IGQ
|
N/A |
|
Bayerische Motoren Werke Aktiengesellschaft
XETRA:BMW
|
0.017x |
Annual Cash Flow Conversion Efficiency for Credo Technology Group Holding Ltd (2020–2026)
The table below shows the annual cash flow conversion efficiency of Credo Technology Group Holding Ltd from 2020 to 2026. For the full company profile with market capitalisation and key ratios, see CRDO market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-04-30 | $2.06 Billion | $464.29 Million | 0.225x | +135.62% |
| 2025-04-30 | $681.58 Million | $65.08 Million | 0.095x | +57.57% |
| 2024-04-30 | $540.20 Million | $32.74 Million | 0.061x | +185.59% |
| 2023-04-30 | $347.63 Million | $-24.61 Million | -0.071x | +23.26% |
| 2022-04-30 | $334.16 Million | $-30.83 Million | -0.092x | -112.07% |
| 2021-04-30 | $-55.43 Million | $-42.36 Million | 0.764x | -29.88% |
| 2020-04-30 | $-9.41 Million | $-10.25 Million | 1.090x | -- |
About Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and… Read more