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Credo Technology Group Holding has a current ratio of 10.15. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Credo Technology Group Holding's Current Ratio or its related term are showing as below:
MEX:CRDON'
s Current Ratio Range Over the Past 10 Years
Min: 5.16 Med: 10.58 Max: 12.54
Current: 10.15
During the past 7 years, Credo Technology Group Holding's highest Current Ratio was 12.54. The lowest was 5.16. And the median was 10.58.
MEX:CRDON's Current Ratio is ranked better than 93.18% of 1027
companies
in the Semiconductors industry
Industry Median: 2.46
vs MEX:CRDON: 10.15
Credo Technology Group Holding (MEX:CRDON) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Credo Technology Group Holding Current Ratio Related Terms
Credo Technology Group Holding Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Credo Technology Group Holding Current Ratio Chart
MEX:CRDON vs MCHP, CBRS, ON: Current Ratio Comparison
For the Semiconductors subindustry, Credo Technology Group Holding's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Credo Technology Group Holding Current Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Credo Technology Group Holding's Current Ratio distribution charts can be found below:
* The bar in red indicates where Credo Technology Group Holding's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Credo Technology Group Holding (MEX:CRDON) has a Current Ratio of 10.15 as of Apr. 2026. This is near median its historical median of 10.58. Over the past decade, Credo Technology Group Holding's Current Ratio has ranged from 5.16 to 12.54. According to the industry distribution chart, Credo Technology Group Holding ranks #70 out of 1027 companies in the Semiconductors industry, placing it in the top 6.8%.
Is Credo Technology Group Holding's Current Ratio too high?
Credo Technology Group Holding's current Current Ratio of 10.15 is near median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 12.54. The Semiconductors industry median Current Ratio is 2.46. Credo Technology Group Holding's value of 10.15 is 312.6% above this industry median. Based on the distribution chart, Credo Technology Group Holding ranks #70 out of 1027 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Credo Technology Group Holding has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Current Ratio compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #70 out of 1027 companies for Current Ratio. This places Credo Technology Group Holding in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.46. Credo Technology Group Holding's value of 10.15 is 312.6% above this benchmark. Historically, Credo Technology Group Holding's own Current Ratio has ranged from 5.16 to 12.54 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 2.46, Credo Technology Group Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.46, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Credo Technology Group Holding's current Current Ratio of 10.15 is 312.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Current Ratio is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Current Ratio is 10.15, which is near median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (MEX:CRDON) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,776.76, compared to a current price of MXN3,675.01 — trading 2.7% below its estimated fair value. The current Current Ratio is 10.15, which is near median its 10-year median of 10.58 and 312.6% above the Semiconductors industry median of 2.46. Credo Technology Group Holding's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Credo Technology Group Holding (MEX:CRDON), the current Current Ratio is 10.15 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Credo Technology Group Holding (MEX:CRDON) Overvalued in 2026?
Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be undervalued.
The current stock price of MXN3,675.01 is trading 2.7% below its estimated GF Value™ of MXN3,776.76.
GuruFocus considers Credo Technology Group Holding to be Fairly Valued.
Key valuation signals for MEX:CRDON:
Current Ratio: 10.15 (near median its 10-year median of 10.58)
GF Value™: MXN3,776.76 vs. price of MXN3,675.01 (2.7% below fair value)
Industry Position: 312.6% above the Semiconductors median (#70 of 1027)
No single metric tells the full story. See the MEX:CRDON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Credo Technology Group Holding Business Description
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
80GF Score
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