Cadence Design Systems, Inc. company logo
Cadence Design Systems, Inc. logo

Cadence Design Systems, Inc. (CDNS) Altman Z-Score

Altman Z-Score

16.830.29-1.69%

Summary

Current Value
As of today, CDNS altman z-score is 16.83, down -1.69% 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 89.55% of companies in Technology sector

Chart

SUGGESTED SERIES

Performance

CDNS Performance
MetricDateValue1D1M3MYTD1Y3Y5Y
Altman Z-Score16.83-1.7%+13.9%+28.8%+26.6%+24.4%-7.7%+0.3%
Price$408.00-2.0%+16.7%+33.6%+30.5%+38.6%+77.6%+221.9%
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 Ratio2.86-2.4%-2.4%+125.2%+53.8%
Annual Quick Ratio2.67-2.5%-2.5%+128.2%+51.7%
Annual Debt To Equity0.45-19.6%-19.6%+32.4%+125.0%
Piotroski F-Score5-16.7%-16.7%0.0%-16.7%-28.6%

History

DateValueChange
16.83+26.6%
13.29-3.7%
13.80-38.3%
22.37+65.5%
13.52-36.4%
21.25+18.5%
17.93+57.4%
11.39+39.6%
8.16+24.2%
6.57+43.4%
4.58-13.1%
5.27+109.1%
2.52-1.6%
2.56+14.3%
2.24+71.0%
1.31+101.5%
0.65+85.7%
0.35+29.6%
0.27-90.7%
2.90-6.8%
DateValueChange
3.110.0%
3.11+6.9%
2.91-13.1%
3.35-6.7%
3.59-49.5%
7.11-18.1%
8.68+0.6%
8.63-21.6%
11.01-33.7%
16.61+64.0%
10.13+15.4%
8.78+94.2%
4.52+20.2%
3.76-46.5%
7.03+17.4%
5.99-28.9%
8.42-6.2%
8.98+3.6%
8.67+106.4%
4.20-

FAQ

  • What is the current altman z-score of CDNS?

    As of today, CDNS altman z-score is 16.83

  • 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 89.55% of companies in Technology sector

Formula

Z-Score = 1.2*A + 1.4*B + 3.3*C + 0.6*D + 1.0*E

Data Sources & References

  1. CDNS Official Website www.cadence.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/813672/000081367226000016/0000813672-26-000016-index.htm
  3. CDNS Profile on Yahoo Finance finance.yahoo.com/quote/CDNS
  4. CDNS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cdns