Credo Technology Group Holding Ltd (CRDO) - Net Assets
Based on the latest financial reports, Credo Technology Group Holding Ltd (CRDO) has net assets worth $2.73 Billion USD as of July 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.01 Billion) and total liabilities ($284.24 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CRDO strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.73 Billion |
| % of Total Assets | 90.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | 517.55% |
| 10-Year Change | N/A |
| Growth Volatility | 77.61 |
Credo Technology Group Holding Ltd - Net Assets Trend (2020–2026)
This chart illustrates how Credo Technology Group Holding Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see CRDO market cap overview.
Annual Net Assets for Credo Technology Group Holding Ltd (2020–2026)
The table below shows the annual net assets of Credo Technology Group Holding Ltd from 2020 to 2026. Also explore CRDO shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | $2.06 Billion | +202.77% |
| 2025-04-30 | $681.58 Million | +26.17% |
| 2024-04-30 | $540.20 Million | +55.39% |
| 2023-04-30 | $347.63 Million | +4.03% |
| 2022-04-30 | $334.16 Million | +702.84% |
| 2021-04-30 | $-55.43 Million | -489.19% |
| 2020-04-30 | $-9.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Credo Technology Group Holding Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 40788400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $389.12 Million | 18.86% |
| Common Stock | $9.00K | 0.00% |
| Other Comprehensive Income | $2.43 Million | 0.12% |
| Other Components | $1.67 Billion | 81.03% |
| Total Equity | $2.06 Billion | 100.00% |
Credo Technology Group Holding Ltd Competitors by Market Cap
The table below lists competitors of Credo Technology Group Holding Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avary Holding Shenzhen Co Ltd Class A
SHE:002938
|
$30.45 Billion |
|
Fiserv Inc.
NASDAQ:FISV
|
$30.53 Billion |
|
Zscaler Inc
NASDAQ:ZS
|
$30.55 Billion |
|
DAIMLER TRUCK SP.ADS/1/2
F:DTG1
|
$30.57 Billion |
|
STMicroelectronics NV ADR
NYSE:STM
|
$30.27 Billion |
|
Atlassian Corp Plc
NASDAQ:TEAM
|
$30.26 Billion |
|
China Merchants Bank Co. Ltd
F:M4B
|
$30.09 Billion |
|
Alcon AG
SW:ALC
|
$30.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Credo Technology Group Holding Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 681,582,000 to 2,063,612,000, a change of 1,382,030,000 (202.8%).
- Net income of 472,279,000 contributed positively to equity growth.
- Share repurchases of 19,157,000 reduced equity.
- New share issuances of 736,327,000 increased equity.
- Other comprehensive income increased equity by 2,863,000.
- Other factors increased equity by 189,718,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $472.28 Million | +22.89% |
| Share Repurchases | $19.16 Million | -0.93% |
| Share Issuances | $736.33 Million | +35.68% |
| Other Comprehensive Income | $2.86 Million | +0.14% |
| Other Changes | $189.72 Million | +9.19% |
| Total Change | $- | 202.77% |
Book Value vs Market Value Analysis
This analysis compares Credo Technology Group Holding Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 14.73x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-04-30 | $-0.13 | $161.49 | x |
| 2021-04-30 | $-0.40 | $161.49 | x |
| 2022-04-30 | $2.30 | $161.49 | x |
| 2023-04-30 | $2.37 | $161.49 | x |
| 2024-04-30 | $3.48 | $161.49 | x |
| 2025-04-30 | $3.76 | $161.49 | x |
| 2026-04-30 | $10.96 | $161.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Credo Technology Group Holding Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.37%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.11x
- Recent ROE (22.89%) is above the historical average (1.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 2.47% | 0.50x | 0.00x | $2.27 Million |
| 2021 | 0.00% | -46.87% | 0.38x | 0.00x | $-21.97 Million |
| 2022 | -6.64% | -20.83% | 0.28x | 1.12x | $-55.59 Million |
| 2023 | -4.76% | -8.98% | 0.46x | 1.14x | $-51.31 Million |
| 2024 | -5.25% | -14.70% | 0.32x | 1.11x | $-82.39 Million |
| 2025 | 7.66% | 11.95% | 0.54x | 1.19x | $-15.98 Million |
| 2026 | 22.89% | 35.37% | 0.58x | 1.11x | $265.92 Million |
Industry Comparison
This section compares Credo Technology Group Holding Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $7,250,821,742
- Average return on equity (ROE) among peers: -3.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Credo Technology Group Holding Ltd (CRDO) | $2.73 Billion | 0.00% | 0.10x | $30.35 Billion |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $175.05 Billion |
| Arteris Inc (AIP) | $-1.19 Million | 0.00% | 0.00x | $961.95 Million |
| Astera Labs, Inc. (ALAB) | $1.36 Billion | 16.07% | 0.12x | $46.70 Billion |
| Allegro Microsystems Inc (ALGM) | $956.45 Million | -1.56% | 0.48x | $6.15 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $243.46 Million |
| Ambiq Micro, Inc. (AMBQ) | $85.75 Million | -46.25% | 0.22x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $2.10 Billion | 14.29% | 0.46x | $836.64 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $516.33 Million | 11.26% | 0.78x | $739.26 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $4.05 Billion | 12.94% | 0.69x | $260.57 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $59.63 Billion | 6.83% | 1.24x | $51.18 Billion |
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