Credo Technology (CRDO)

Net assets on the balance sheet as of July 2024 : A$0.85 Billion

According to Credo Technology's latest financial reports the company has A$0.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Credo Technology - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-04-30	$A$0.52 B	11.26%
2022-04-30	$A$0.47 B	-763.47%
2021-04-30	$-A$71.27 Million	396.57%
2020-04-30	$-A$14.36 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Credo Technology (CRDO) - Net assets