Credo Technology Group Holding Ltd financial data

Symbol
CRDO on Nasdaq
Industry
Semiconductors & Related Devices
Location
C/O Maples Corporate Services, Limited, Po Box 309, Ugland House, Grand Cayman, Cayman Islands
State of incorporation
Cayman Islands
Fiscal year end
April 29
Latest financial report
Q1 2024 - Jun 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.1 K % +33.7%
Quick Ratio 87.4 % -19.7%
Debt-to-equity 12.7 % -28.4%
Return On Equity -8.17 % +37.7%
Return On Assets -6.94 %
Operating Margin -19.2 % -66.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 165 M shares +10.8%
Common Stock, Shares, Outstanding 164 M shares +10.5%
Entity Public Float 1.6 B USD +6.67%
Common Stock, Value, Issued 8 K USD +14.3%
Weighted Average Number of Shares Outstanding, Basic 155 M shares +5.82%
Weighted Average Number of Shares Outstanding, Diluted 155 M shares +5.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 193 M USD +4.77%
Research and Development Expense 95.5 M USD +24.4%
Operating Income (Loss) -37.1 M USD -74.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -22.7 M USD -27%
Income Tax Expense (Benefit) 5.62 M USD +522%
Net Income (Loss) Attributable to Parent -28.4 M USD -71.4%
Earnings Per Share, Basic -0.18 USD/shares -63.6%
Earnings Per Share, Diluted -0.18 USD/shares -63.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 66.9 M USD -38.3%
Accounts Receivable, after Allowance for Credit Loss, Current 59.7 M USD +20.4%
Inventory, Net 25.9 M USD -43.7%
Other Assets, Current 1.26 M USD +10.2%
Assets, Current 530 M USD +61.6%
Property, Plant and Equipment, Net 43.7 M USD +8.56%
Operating Lease, Right-of-Use Asset 13.1 M USD -12%
Other Assets, Noncurrent 14.9 M USD +6.8%
Assets 602 M USD +51.5%
Accounts Payable, Current 13.4 M USD +121%
Employee-related Liabilities, Current 9 M USD +39.1%
Accrued Liabilities, Current 9.61 M USD +27.2%
Contract with Customer, Liability, Current 3.9 M USD -3.42%
Liabilities, Current 44.6 M USD +43.8%
Contract with Customer, Liability, Noncurrent 128 K USD -66.3%
Operating Lease, Liability, Noncurrent 11.1 M USD -13.5%
Other Liabilities, Noncurrent 5.98 M USD +3.96%
Liabilities 61.7 M USD +24.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -519 K USD -172%
Retained Earnings (Accumulated Deficit) -135 M USD -26.5%
Stockholders' Equity Attributable to Parent 540 M USD +55.4%
Liabilities and Equity 602 M USD +51.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 32.7 M USD
Net Cash Provided by (Used in) Financing Activities 175 M USD +3488%
Net Cash Provided by (Used in) Investing Activities -249 M USD -90.5%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 164 M shares +10.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -41.6 M USD +72.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 66.9 M USD -38.3%
Deferred Tax Assets, Valuation Allowance 23.3 M USD +150%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 27.1 M USD +59.3%
Operating Lease, Liability 13.9 M USD -10.5%
Payments to Acquire Property, Plant, and Equipment 15.7 M USD -27.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -28.7 M USD -71.2%
Lessee, Operating Lease, Liability, to be Paid 16.3 M USD -13.5%
Property, Plant and Equipment, Gross 72.4 M USD +24.3%
Operating Lease, Liability, Current 2.74 M USD +4.22%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.79 M USD -1.03%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.3 M USD -4.51%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 4.14 M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.41 M USD -27.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.21 M USD -5.75%
Deferred Tax Assets, Operating Loss Carryforwards 4.44 M USD +246%
Deferred Federal Income Tax Expense (Benefit) 3.09 M USD
Current Income Tax Expense (Benefit) 1.49 M USD +101%
Unrecognized Tax Benefits 4.57 M USD +59.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.19 M USD -0.95%
Operating Lease, Payments 3.5 M USD +10.2%
Additional Paid in Capital 676 M USD +48.7%
Current State and Local Tax Expense (Benefit) 3 K USD +50%
Current Federal Tax Expense (Benefit) 2 K USD
Depreciation, Depletion and Amortization 13.8 M USD +44.7%
Share-based Payment Arrangement, Expense 39 M USD +65.9%
Deferred State and Local Income Tax Expense (Benefit) 359 K USD