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

Cadence Design Systems, Inc. (CDNS) Current Ratio

Annual Current Ratio

2.860.07-2.39%

Summary

Current Value
As of today, CDNS annual current ratio is 2.86, down -2.39% on
Historical Performance
CDNS annual current ratio is up +125.20% over the past 3 years, up +53.76% over the past 5 years
All-Time High Comparison
CDNS annual current ratio is currently -3.05% below its historical high of 2.95 set on
3-Year Low Comparison
CDNS annual current ratio is +130.65% above its 3-year low of 1.24 reached on
Sector Comparison
CDNS annual current ratio is higher than 69.36% of companies in Technology sector

Current Ratio Chart

SUGGESTED SERIES

Performance

CDNS Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio2.86-2.4%+125.2%+53.8%+127.0%
Quarterly Current Ratio1.47-52.1%+2.1%-13.5%+7.3%
Price$376.19+27.0%+61.9%+196.8%+3465.8%
Annual Current Assets$4.67B+16.3%+173.6%+215.8%+431.0%
Annual Current Liabilities$1.64B+19.4%+21.3%+105.2%+134.4%
Annual Quick Ratio2.67-2.5%+128.2%+51.7%+122.5%
Annual Debt To Equity0.45-19.6%+32.4%+125.0%-77.4%
Piotroski F-Score50.0%-16.7%-28.6%-16.7%
Altman Z-Score15.70+15.4%-14.8%-6.4%+1625.3%

Current Ratio Highs

CDNS Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.93-2.4%
5Y2.93-2.4%
All2.95-3.0%

Current Ratio Lows

CDNS Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.24+130.7%
5Y1.24+130.7%
All1.03+177.7%

Current Ratio History

YearValueChange
2.86-2.4%
2.93+136.3%
1.24-2.4%
1.27-28.2%
1.77-4.8%
1.86+6.9%
1.74+29.9%
1.34-12.4%
1.53+27.5%
1.20-33.3%
1.80+35.3%
1.33+25.5%
1.06-7.0%
1.14+8.6%
1.05-16.7%
1.26-41.1%
2.14+26.6%
1.69-13.3%
1.95-18.4%
2.39+13.3%
YearValueChange
2.11+8.2%
1.95+11.4%
1.75+18.2%
1.48+10.4%
1.34+18.6%
1.13-0.9%
1.14-35.6%
1.77-22.0%
2.27+7.1%
2.12+105.8%
1.03-12.0%
1.17-39.4%
1.93-26.1%
2.61+30.5%
2.00-30.1%
2.86+6.7%
2.68-3.9%
2.79-5.4%
2.95+2.1%
2.89-

FAQ

  • What is the current annual current ratio of CDNS?

    As of today, CDNS annual current ratio is 2.86

  • What is 1-year change in CDNS annual current ratio?

    CDNS annual current ratio is down -2.39% year-over-year

  • What is 3-year change in CDNS annual current ratio?

    CDNS annual current ratio is up +125.20% over the past 3 years

  • How far is CDNS annual current ratio from its all-time high?

    CDNS annual current ratio is currently -3.05% below its historical high of 2.95 set on December 31, 1987

  • How does CDNS annual current ratio rank versus sector peers?

    CDNS annual current ratio is higher than 69.36% of companies in Technology sector

  • When is CDNS next annual earnings release?

    As of today, the next annual earnings release for CDNS has not been scheduled

Current Ratio Formula

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