Quick Ratio (Acid-Test): 8.88
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 8.88 is in line with its 5-year average of 8.33, around the middle of its 5-year range (4.82–11.94).
As of Monday, June 29, 2026. 9.09% above its 12-month average of 8.14.
CRDO Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
CRDO Average Quick Ratio (Acid-Test) Chart
CRDO Current vs Average Quick Ratio (Acid-Test) Chart
CRDO Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
8.88
QUICK RATIO (ACID-TEST) AVG TTM
8.14
QUICK RATIO (ACID-TEST) AVG 3Y
8.57
QUICK RATIO (ACID-TEST) AVG 5Y
8.33
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+9.09%
CURRENT VS 3Y AVG
+3.56%
CURRENT VS 5Y AVG
+6.67%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
CRDO Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd (CRDO) | $44.38B | 8.88 | 8.14 | 8.57 | 8.33 |
| Garmin Ltd. (GRMN)vs › | $44.84B | 2.60 | 2.58 | 2.39 | 2.36 |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $43.78B | 1.95 | 1.76 | 1.60 | 1.47 |
| Block, Inc. (XYZ)vs › | $46.25B | 2.19 | 2.25 | 2.08 | 2.02 |
| Autodesk, Inc. (ADSK)vs › | $41.44B | 0.85 | 0.77 | 0.80 | 0.79 |
| Microchip Technology Incorporated (MCHP)vs › | $47.67B | 1.18 | 1.32 | 0.97 | 0.94 |
| Celestica Inc. (CLS)vs › | $38.81B | 0.88 | 0.90 | 0.80 | 0.83 |
| Jabil Inc. (JBL)vs › | $37.79B | 0.66 | 0.69 | 0.68 | 0.66 |
| Block, Inc. (SQ)vs › | $51.73B | -0.18 | 2.15 | 2.02 | 1.97 |
| ON Semiconductor Corporation (ON)vs › | $35.53B | 2.98 | 3.18 | 2.52 | 2.14 |
Liquidity Comparison
Quick Ratio
8.88
Excludes inventory
Current Ratio
10.15
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Credo Technology Group Holding Ltd (CRDO)?
- The quick ratio (acid-test) for CRDO stock is 8.88.
- Is Credo Technology Group Holding Ltd's quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 8.88 is in line with its 5-year average of 8.33, around the middle of its 5-year range (4.82–11.94).
- What is the TTM average quick ratio (acid-test) for Credo Technology Group Holding Ltd (CRDO)?
- The TTM average quick ratio (acid-test) for CRDO stock is 8.14.
- What is the 3Y average quick ratio (acid-test) for Credo Technology Group Holding Ltd (CRDO)?
- The 3Y average quick ratio (acid-test) for CRDO stock is 8.57.
- What is the 5Y average quick ratio (acid-test) for Credo Technology Group Holding Ltd (CRDO)?
- The 5Y average quick ratio (acid-test) for CRDO stock is 8.33.
CRDO Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-05-02 | 8.88 |
| 2026-01-31 | 9.56 |
| 2025-11-01 | 7.79 |
| 2025-08-02 | 6.34 |
| 2025-04-30 | 5.79 |
| 2025-02-01 | 7.01 |
| 2024-11-02 | 10.11 |
| 2024-08-03 | 7.36 |
| 2024-04-30 | 11.30 |
| 2024-01-27 | 11.94 |
| 2023-10-28 | 7.86 |
| 2023-07-29 | 8.97 |
| 2023-04-30 | 9.09 |
| 2023-01-28 | 6.91 |
| 2022-10-29 | 6.10 |
| 2022-07-30 | 7.25 |
| 2022-04-30 | 11.50 |
| 2022-01-31 | 10.67 |
| 2021-10-31 | 4.82 |
| 2021-07-31 | 7.25 |
| 2021-04-30 | 10.43 |
| 2021-01-31 | 0.00 |
| 2020-10-31 | 0.00 |
| 2020-07-31 | 0.00 |
Related Metrics
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