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 87.4% as of April 2026. Working capital of $1.80 Billion (current assets of $2.00 Billion minus current liabilities of $197.09 Million) is measured against net assets of $2.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Credo Technology Group Holding Ltd (CRDO) flexibility index to measure the company's free cash flow as a share of total liabilities.
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 April 2026, the ratio stands at 87.4%, reflecting working capital of $1.80 Billion against net assets of $2.06 Billion USD. See CRDO days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see Credo Technology Group Holding Ltd market capitalisation.
| 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 | — |