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

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

Altman Z-Score

14.610.10-0.68%

Summary

As of today, CDNS altman z-score is 14.61, down -0.68% on
Based on its current altman z-score, CDNS falls into the safe category
CDNS altman z-score is higher than 89.82% of companies in Technology sector

Chart

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Performance

CDNS Performance
MetricDateValue1D1M3MYTD1Y3Y5Y
Altman Z-Score14.61-0.7%-0.1%-2.3%+2.7%+8.1%+3.6%-17.3%
Price$323.06-0.8%-0.1%-2.8%+3.4%+10.4%+90.9%+140.9%
Annual Working Capital$2.65B+586.6%–––+586.6%+255.4%+432.4%
Annual Retained Earnings$5.99B+21.4%–––+21.4%+96.7%+240.1%
Annual EBIT$1.47B+11.7%–––+11.7%+87.4%+195.7%
Annual Current Ratio2.93+136.3%–––+136.3%+65.5%+68.4%
Annual Quick Ratio2.74+142.5%–––+142.5%+66.1%+65.1%
Annual Debt To Equity0.53+178.9%–––+178.9%+307.7%+231.3%
Piotroski F-Score60.0%–0.0%–+20.0%-14.3%+20.0%

History

DateValueChange
14.61+2.7%
14.22+2.8%
13.83-38.2%
22.39+65.7%
13.51-36.5%
21.28+18.7%
17.93+57.6%
11.38+39.6%
8.15+23.9%
6.58+45.3%
4.53-11.5%
5.12+103.2%
2.52-0.4%
2.53+12.4%
2.25+67.9%
1.34+119.7%
0.61+125.9%
0.27+110.6%
-2.55-185.9%
2.97-5.1%
DateValueChange
3.13+0.6%
3.11+6.9%
2.91-13.4%
3.36-12.5%
3.84-47.8%
7.35-15.1%
8.66+0.3%
8.63-21.6%
11.01-33.6%
16.59+63.3%
10.16+15.7%
8.78+94.2%
4.52+24.5%
3.63-48.4%
7.03+27.4%
5.52-34.4%
8.42-6.2%
8.98+3.6%
8.67+127.0%
3.82-

FAQ

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

    As of today, CDNS altman z-score is 14.61

  • 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 89.82% of companies in Technology sector

Altman Z-Score Formula

Z-Score = 1.2*A + 1.4*B + 3.3*C + 0.6*D + 1.0*E
  • A = /
  • B = /
  • C = /
  • D = Market Cap /
  • E = Revenue /

Data Sources & References

  1. CDNS Official Website www.cadence.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/813672/000081367225000148/0000813672-25-000148-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/813672/000081367225000024/0000813672-25-000024-index.htm
  4. CDNS Profile on Yahoo Finance finance.yahoo.com/quote/CDNS
  5. CDNS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cdns