Credo Technology (CRDO)

Net assets on the balance sheet as of October 2024 : NZ$1.01 Billion

According to Credo Technology's latest financial reports the company has NZ$1.01 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	$NZ$0.56 B	8.72%
2022-04-30	$NZ$0.51 B	-775.88%
2021-04-30	$-NZ$76.49 Million	399.33%
2020-04-30	$-NZ$15.32 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