Credo Technology Group Holding Ltd (CRDO) — Working Capital to Net Assets Ratio
Credo Technology Group Holding Ltd (CRDO) has a Working Capital to Net Assets ratio of 46.5% as of July 2026. Working capital of $1.27 Billion (current assets of $1.47 Billion minus current liabilities of $198.16 Million) is measured against net assets of $2.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CRDO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Credo Technology Group Holding Ltd Working Capital to Net Assets (2020–2026)
This chart shows how Credo Technology Group Holding Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2020 to 2026. As of July 2026, the ratio stands at 46.5%, reflecting working capital of $1.27 Billion against net assets of $2.73 Billion USD. For the complete balance sheet picture, see total assets of Credo Technology Group Holding Ltd.
Annual Working Capital to Net Assets for Credo Technology Group Holding Ltd (2020–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Credo Technology Group Holding Ltd from 2020 to 2026, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check CRDO cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 87.4% | $1.80 Billion | $2.06 Billion | $2.00 Billion | $197.09 Million | ▼ -1.5 pp |
| 2025 | 88.9% | $605.82 Million | $681.58 Million | $713.53 Million | $107.71 Million | ▼ -1.0 pp |
| 2024 | 89.9% | $485.64 Million | $540.20 Million | $530.26 Million | $44.62 Million | ▲ +4.4 pp |
| 2023 | 85.5% | $297.20 Million | $347.63 Million | $328.23 Million | $31.03 Million | ▼ -6.0 pp |
| 2022 | 91.5% | $305.68 Million | $334.16 Million | $332.18 Million | $26.50 Million | ▲ +317.5 pp |
| 2021 | -226.0% | $125.27 Million | $-55.43 Million | $137.80 Million | $12.53 Million | ▲ +595.3 pp |
| 2020 | -821.3% | $77.27 Million | $-9.41 Million | $95.84 Million | $18.57 Million | — |