# Credo Technology Group Holding Ltd (CRDO) FY2024 Q3 Balance Sheet

- Company: Credo Technology Group Holding Ltd (CRDO)
- Period: As of 2024-01-27
- Filing: Q3 FY2024 10-Q, filed 2024-02-28, accession number 0001628280-24-007677
- Page: https://plicit.ai/financials/crdo/fy2024-q3-balance-sheet
- Chart image: https://plicit.ai/charts/crdo-fy2024-q3-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-01-27. The chart shows assets, liabilities and equity at that date.

- **Assets**: 592,466,000 US dollars
- **Current assets**: 511,443,000 US dollars
- **Non-current assets**: 81,023,000 US dollars
- **Liabilities**: 58,499,000 US dollars
- **Current liabilities**: 40,197,000 US dollars
- **Non-current liabilities**: 18,302,000 US dollars
- **Equity**: 533,967,000 US dollars
- **Short-term investments**: 313,061,000 US dollars
- **Cash and cash equivalents**: 96,073,000 US dollars
- **Accounts receivable**: 44,760,000 US dollars
- **Inventories**: 31,507,000 US dollars
- **Contract assets**: 17,909,000 US dollars
- **Prepaid expenses and other current assets**: 8,133,000 US dollars
- **Property and equipment, net**: 44,899,000 US dollars
- **Other non-current assets**: 22,490,000 US dollars
- **Right of use assets**: 13,634,000 US dollars
- **Accrued expenses and other current liabilities**: 18,268,000 US dollars
- **Accounts payable**: 10,294,000 US dollars
- **Accrued compensation and benefits**: 6,913,000 US dollars
- **Deferred revenue**: 4,722,000 US dollars
- **Non-current operating lease liabilities**: 11,601,000 US dollars
- **Other non-current liabilities**: 6,701,000 US dollars
- **Additional paid in capital**: 659,162,000 US dollars
- **Ordinary shares, $0.00005 par value; 1,000,000 shares authorized; 163,068 and 148,651 shares issued and outstanding at January 27, 2024 and April 29, 2023, respectively**: 8,000 US dollars
- **Accumulated deficit**: negative 124,868,000 US dollars
- **Accumulated other comprehensive loss**: negative 335,000 US dollars
- **Gross equity (calculated)**: 659,170,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.