Debt to Assets Ratio: 0.90%
Is the debt to assets ratio high or low?
The debt to assets ratio of 0.90% is 90% below its 5-year average of 9.13%, near the low end of its 5-year range (0.80%–133.26%).
As of Monday, June 29, 2026. 21.13% below its 12-month average of 1.14%.
CRDO Debt to Assets Ratio
Reported quarterly debt to assets ratio; no daily interpolation.
CRDO Average Debt to Assets Ratio Chart
CRDO Current vs Average Debt to Assets Ratio Chart
CRDO Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.90%
DEBT TO ASSETS RATIO AVG TTM
1.14%
DEBT TO ASSETS RATIO AVG 3Y
2.15%
DEBT TO ASSETS RATIO AVG 5Y
2.60%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.13%
CURRENT VS 3Y AVG
-58.32%
CURRENT VS 5Y AVG
-65.44%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
CRDO Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd (CRDO) | $44.38B | 0.90% | 1.14% | 2.15% | 2.60% |
| Garmin Ltd. (GRMN)vs › | $44.84B | 0.01% | N/A | N/A | N/A |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $43.78B | 0.10% | N/A | N/A | N/A |
| Block, Inc. (XYZ)vs › | $46.25B | 0.23% | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $41.44B | 0.22% | N/A | N/A | N/A |
| Microchip Technology Incorporated (MCHP)vs › | $47.67B | 0.39% | N/A | N/A | N/A |
| Celestica Inc. (CLS)vs › | $38.81B | 0.13% | N/A | N/A | N/A |
| Jabil Inc. (JBL)vs › | $37.79B | 0.18% | N/A | N/A | N/A |
| Block, Inc. (SQ)vs › | $51.73B | -1.18% | N/A | N/A | N/A |
| ON Semiconductor Corporation (ON)vs › | $35.53B | 0.28% | N/A | N/A | N/A |
Leverage Ratios Comparison
Debt/Assets
0.9%
Debt/Equity
0.01
Current Ratio
10.15
Interest Coverage
N/A
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Credo Technology Group Holding Ltd (CRDO)?
- The debt to assets ratio for CRDO stock is 0.90%.
- Is Credo Technology Group Holding Ltd's debt to assets ratio high or low?
- The debt to assets ratio of 0.90% is 90% below its 5-year average of 9.13%, near the low end of its 5-year range (0.80%–133.26%).
- What is the TTM average debt to assets ratio for Credo Technology Group Holding Ltd (CRDO)?
- The TTM average debt to assets ratio for CRDO stock is 1.14%.
- What is the 3Y average debt to assets ratio for Credo Technology Group Holding Ltd (CRDO)?
- The 3Y average debt to assets ratio for CRDO stock is 2.15%.
- What is the 5Y average debt to assets ratio for Credo Technology Group Holding Ltd (CRDO)?
- The 5Y average debt to assets ratio for CRDO stock is 2.60%.
CRDO Debt to Assets Ratio History
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-05-02 | 0.90% |
| 2026-01-31 | 0.80% |
| 2025-11-01 | 1.13% |
| 2025-08-02 | 1.72% |
| 2025-04-30 | 1.98% |
| 2025-02-01 | 2.24% |
| 2024-11-02 | 2.50% |
| 2024-08-03 | 2.58% |
| 2024-04-30 | 2.30% |
| 2024-01-27 | 2.43% |
| 2023-10-28 | 3.51% |
| 2023-07-29 | 3.75% |
| 2023-04-30 | 3.90% |
| 2023-01-28 | 3.88% |
| 2022-10-29 | 4.01% |
| 2022-07-30 | 4.12% |
| 2022-04-30 | 4.58% |
| 2022-01-31 | 1.00% |
| 2021-10-31 | 2.02% |
| 2021-07-31 | 133.26% |
| 2021-04-30 | 0.00% |
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.
- Sector
- Technology
- Industry
- Communication Equipment
- CEO
- William J. Brennan