Credo Technology Group Holding (MEX:CRDON) Quick Ratio: 8.88 (As of Apr. 2026) — Near Median

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MEX:CRDON Credo Technology Group Holding Ltd MEX:CRDON
80 GF Score
Price MXN3,675.01
GF Value MXN3,776.76
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Credo Technology Group Holding Quick Ratio?

Credo Technology Group Holding MEX:CRDON -10.80% 80 Quick Ratio is 8.88 as of Apr. 2026, which is 2% below its 10-year median of 9.09. GuruFocus rates MEX:CRDON with a GF Score™ of 80/100 and a GF Value™ of MXN3,776.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,027 Semiconductors companies, Credo Technology Group Holding ranks better than 93.38% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Credo Technology Group Holding's quick ratio for the quarter that ended in Apr. 2026 was 8.88.

Credo Technology Group Holding has a quick ratio of 8.88. It generally indicates good short-term financial strength.

The historical rank and industry rank for Credo Technology Group Holding's Quick Ratio or its related term are showing as below:

MEX:CRDON' s Quick Ratio Range Over the Past 10 Years
Min: 5.04   Med: 9.09   Max: 11.5
Current: 8.88

During the past 7 years, Credo Technology Group Holding's highest Quick Ratio was 11.50. The lowest was 5.04. And the median was 9.09.

MEX:CRDON's Quick Ratio is ranked better than
93.38% of 1027 companies
in the Semiconductors industry
Industry Median: 1.82 vs MEX:CRDON: 8.88

Credo Technology Group Holding  (MEX:CRDON) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Credo Technology Group Holding Quick Ratio Related Terms


Credo Technology Group Holding Quick Ratio Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding's Quick Ratio can be seen below:

* 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 Quick Ratio Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Quick Ratio
Get a 7-Day Free Trial 11.50 9.09 11.30 5.79 8.88

Credo Technology Group Holding Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.79 6.34 7.79 9.56 8.88

MEX:CRDON vs MCHP, CBRS, ON: Quick Ratio Comparison

For the Semiconductors subindustry, Credo Technology Group Holding's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Credo Technology Group Holding's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's Quick Ratio falls into.


MEX:CRDON
80GF Score
Credo Technology Group Holding Ltd MEX:CRDON
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credo Technology Group Holding Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Credo Technology Group Holding's Quick Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Quick Ratio (A: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(35050.942-4393.581)/3452.266
=8.88

Credo Technology Group Holding's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(35050.942-4393.581)/3452.266
=8.88

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 8.88 mean?
Credo Technology Group Holding (MEX:CRDON) has a Quick Ratio of 8.88 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Credo Technology Group Holding and its competitors. This is near median its historical median of 9.09. Over the past decade, Credo Technology Group Holding's Quick Ratio has ranged from 5.04 to 11.50. According to the industry distribution chart, Credo Technology Group Holding ranks #68 out of 1027 companies in the Semiconductors industry, placing it in the top 6.6%.
Is Credo Technology Group Holding's Quick Ratio too high?
Credo Technology Group Holding's current Quick Ratio of 8.88 is near median its 10-year median of 9.09. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 11.50. The Semiconductors industry median Quick Ratio is 1.82. Credo Technology Group Holding's value of 8.88 is 387.9% above this industry median. Based on the distribution chart, Credo Technology Group Holding ranks #68 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 Quick Ratio compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #68 out of 1027 companies for Quick Ratio. This places Credo Technology Group Holding in the top 7% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.82. Credo Technology Group Holding's value of 8.88 is 387.9% above this benchmark. Historically, Credo Technology Group Holding's own Quick Ratio has ranged from 5.04 to 11.50 over the past decade. While the company's 10-year median is 9.09 vs. the industry median of 1.82, 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 Quick Ratio for a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.82, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Credo Technology Group Holding's current Quick Ratio of 8.88 is 387.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Quick Ratio is 8.88, which is near median its own 10-year median of 9.09. 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 Quick Ratio is 8.88, which is near median its 10-year median of 9.09 and 387.9% above the Semiconductors industry median of 1.82. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Credo Technology Group Holding (MEX:CRDON), the current Quick Ratio is 8.88 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:

  • Quick Ratio: 8.88 (near median its 10-year median of 9.09)
  • GF Value™: MXN3,776.76 vs. price of MXN3,675.01 (2.7% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 387.9% above the Semiconductors median (#68 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

Other Exchanges CRDO:USA
Address c/o Maples Corporate Services, Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
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

Get the complete analysis for MEX:CRDON

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,675.01
Price
MXN3,776.76
GF Value