Credo Technology Group Holding Ltd logo
CRDOCredo Technology Group Holding Ltd

Is the current ratio high or low?

The current ratio of 10.15 is in line with its 5-year average of 9.31, around the middle of its 5-year range (5.72–12.72).

As of Monday, June 29, 2026. 9.05% above its 12-month average of 9.31.

Current Ratio

CRDO Current Ratio

10.15

Reported quarterly current ratio; no daily interpolation.

+19.86% 5Y
CRDO Current Ratio

CRDO Average Current Ratio Chart

CRDO Current Ratio

CRDO Current vs Average Current Ratio Chart

CRDO Current Ratio Metrics

CURRENT RATIO

10.15

CURRENT RATIO AVG TTM

9.31

CURRENT RATIO AVG 3Y

9.49

CURRENT RATIO AVG 5Y

9.31

CURRENT RATIO AVG 10Y

N/A

CURRENT RATIO AVG 15Y

N/A

CURRENT RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+9.05%

CURRENT VS 3Y AVG

+6.98%

CURRENT VS 5Y AVG

+9.09%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

CRDO Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Credo Technology Group Holding Ltd (CRDO)$44.38B10.159.319.499.31
Garmin Ltd. (GRMN)vs ›$44.84B3.633.583.463.32
GLOBALFOUNDRIES Inc. (GFS)vs ›$43.78B2.622.372.131.96
Block, Inc. (XYZ)vs ›$46.25B2.202.272.102.04
Autodesk, Inc. (ADSK)vs ›$41.44B0.850.770.800.79
Microchip Technology Incorporated (MCHP)vs ›$47.67B2.092.341.711.58
Celestica Inc. (CLS)vs ›$38.81B1.441.461.441.50
Jabil Inc. (JBL)vs ›$37.79B1.001.041.071.05
Block, Inc. (SQ)vs ›$51.73B-0.182.172.031.99
ON Semiconductor Corporation (ON)vs ›$35.53B4.524.793.773.23

Liquidity Analysis

Current Ratio

10.15

Quick Ratio

8.88

Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Current Ratio FAQ

What is the current ratio for Credo Technology Group Holding Ltd (CRDO)?
The current ratio for CRDO stock is 10.15.
Is Credo Technology Group Holding Ltd's current ratio high or low?
The current ratio of 10.15 is in line with its 5-year average of 9.31, around the middle of its 5-year range (5.72–12.72).
What is the TTM average current ratio for Credo Technology Group Holding Ltd (CRDO)?
The TTM average current ratio for CRDO stock is 9.31.
What is the 3Y average current ratio for Credo Technology Group Holding Ltd (CRDO)?
The 3Y average current ratio for CRDO stock is 9.49.
What is the 5Y average current ratio for Credo Technology Group Holding Ltd (CRDO)?
The 5Y average current ratio for CRDO stock is 9.31.

CRDO Current Ratio History

DATECURRENT RATIO
2026-05-0210.15
2026-01-3110.82
2025-11-018.86
2025-08-027.41
2025-04-306.62
2025-02-017.67
2024-11-0210.84
2024-08-037.81
2024-04-3011.88
2024-01-2712.72
2023-10-288.82
2023-07-2910.27
2023-04-3010.58
2023-01-288.07
2022-10-297.07
2022-07-308.12
2022-04-3012.54
2022-01-3111.68
2021-10-315.72
2021-07-318.47
2021-04-3011.00
2021-01-310.00
2020-10-310.00
2020-07-310.00

About Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.

San Jose, CA
500 employees
Technology / Communication Equipment
Sector
Technology
Industry
Communication Equipment
CEO
William J. Brennan