Credo Historical Balance Sheet

MUFTI Stock   179.78  0.23  0.13%   
Trend analysis of Credo Brands Marketing balance sheet accounts such as Total Current Liabilities of 1.1 B provides information on Credo Brands' total assets, liabilities, and equity, which is the actual value of Credo Brands Marketing to its prevalent stockholders. By breaking down trends over time using Credo Brands balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Credo Brands Marketing latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Credo Brands Marketing is a good buy for the upcoming year.

Credo Brands Inventory

997.39 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Credo Brands Marketing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Credo Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Credo Brands Marketing at a specified time, usually calculated after every quarter, six months, or one year. Credo Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Credo Brands and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Credo currently owns. An asset can also be divided into two categories, current and non-current.

Credo Brands Balance Sheet Chart

At this time, Credo Brands' Current Deferred Revenue is very stable compared to the past year. As of the 29th of November 2024, Intangible Assets is likely to grow to about 2.6 M, while Total Assets are likely to drop about 6 B.

Total Assets

Total assets refers to the total amount of Credo Brands assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Credo Brands Marketing books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Credo Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Credo Brands Marketing are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Credo Brands' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Credo Brands Marketing current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Credo Brands Marketing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Credo Brands' Current Deferred Revenue is very stable compared to the past year. As of the 29th of November 2024, Intangible Assets is likely to grow to about 2.6 M, while Total Assets are likely to drop about 6 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.5B1.9B2.5B2.0B
Total Assets4.8B5.7B7.1B6.0B

Credo Brands balance sheet Correlations

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Credo Brands Account Relationship Matchups

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Other Information on Investing in Credo Stock

Balance Sheet is a snapshot of the financial position of Credo Brands Marketing at a specified time, usually calculated after every quarter, six months, or one year. Credo Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Credo Brands and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Credo currently owns. An asset can also be divided into two categories, current and non-current.