Credo Technology Group Holding Ltd (CRDO) — Tangible Net Worth Ratio
Credo Technology Group Holding Ltd (CRDO) has a Tangible Net Worth Ratio of 86.1% as of July 2026. This metric is calculated by deducting intangible assets ($378.82 Million) from net assets ($2.73 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore CRDO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Credo Technology Group Holding Ltd Tangible Net Worth Ratio (2022–2026)
This chart shows how Credo Technology Group Holding Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2022 to 2026. As of July 2026, the ratio stands at 86.1%, reflecting net assets of $2.73 Billion with intangible assets of $378.82 Million USD. For live market cap and overall valuation, see Credo Technology Group Holding Ltd market cap and net worth.
Annual Tangible Net Worth Ratio for Credo Technology Group Holding Ltd (2022–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Credo Technology Group Holding Ltd from 2022 to 2026, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does Credo Technology Group Holding Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 98.6% | $2.06 Billion | $29.26 Million | $2.30 Billion | ▼ -1.4 pp |
| 2025 | 100.0% | $681.58 Million | $0.00 | $809.26 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $540.20 Million | $0.00 | $601.93 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $347.63 Million | $0.00 | $397.29 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $334.16 Million | $0.00 | $375.69 Million | — |