Altman Z-Score
15.701.26-7.43%
Summary
- Current Value
- As of today, CDNS altman z-score is 15.70, down -7.43% on
- Current Value Category
- Based on its current altman z-score, CDNS falls into the safe category
- Sector Comparison
- CDNS altman z-score is higher than 89.58% of companies in Technology sector
Chart
SUGGESTED SERIES
Performance
| Metric | Date | Value | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|---|---|
| Altman Z-Score | 15.70 | -7.4% | +5.2% | +22.0% | +18.1% | +15.4% | -14.8% | -6.4% | |
| Price | $376.19 | -8.6% | +6.4% | +25.5% | +20.4% | +27.0% | +61.9% | +196.8% | |
| Annual Working Capital | $3.03B | +14.7% | – | – | – | +14.7% | +745.1% | +345.1% | |
| Annual Retained Earnings | $7.10B | +18.5% | – | – | – | +18.5% | +82.3% | +202.1% | |
| Annual EBIT | $1.65B | +18.8% | – | – | – | +18.8% | +53.6% | +151.0% | |
| Annual Current Ratio | 2.86 | -2.4% | – | – | – | -2.4% | +125.2% | +53.8% | |
| Annual Quick Ratio | 2.67 | -2.5% | – | – | – | -2.5% | +128.2% | +51.7% | |
| Annual Debt To Equity | 0.45 | -19.6% | – | – | – | -19.6% | +32.4% | +125.0% | |
| Piotroski F-Score | 5 | -16.7% | – | -16.7% | – | 0.0% | -16.7% | -28.6% |
History
FAQ
What is the current altman z-score of CDNS?
As of today, CDNS altman z-score is 15.70
What altman z-score category does CDNS fall into?
Based on its current altman z-score, CDNS falls into the safe category
How does CDNS altman z-score rank versus sector peers?
CDNS altman z-score is higher than 89.58% of companies in Technology sector
Formula
Z-Score = 1.2*A + 1.4*B + 3.3*C + 0.6*D + 1.0*E
- A = Working Capital / Total Assets
- B = Retained Earnings / Total Assets
- C = EBIT / Total Assets
- D = Market Cap / Total Liabilities
- E = Revenue / Total Assets
Data Sources & References
- CDNS Official Website www.cadence.com
- Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/813672/000081367226000016/0000813672-26-000016-index.htm
- CDNS Profile on Yahoo Finance finance.yahoo.com/quote/CDNS
- CDNS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cdns