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

Cadence Design Systems, Inc. (CDNS) Current Ratio

Annual Current Ratio

2.931.69+136.29%

Summary

Current Value
As of today, CDNS annual current ratio is 2.93, up +136.29% on
Historical Performance
CDNS annual current ratio is up +65.54% over the past 3 years, and up +68.39% over the past 5 years
All-Time High Comparison
CDNS annual current ratio is currently -28.71% below its historical high of 4.11 set on
3-Year Low Comparison
CDNS annual current ratio is +136.29% above its 3-year low of 1.24 reached on
Sector Comparison
CDNS annual current ratio is higher than 72.02% of companies in Technology sector

Current Ratio Chart

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Performance

CDNS Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio2.93+136.3%+65.5%+68.4%+36.9%
Quarterly Current Ratio3.05+24.5%+129.3%+96.8%+71.3%
Price$325.51+8.9%+93.7%+143.4%+3685.0%
Annual Current Assets$4.02B+103.2%+134.1%+243.4%+372.1%
Annual Current Liabilities$1.37B-13.9%+41.1%+103.8%+244.3%
Annual Quick Ratio2.74+142.5%+66.1%+65.1%+31.7%
Annual Debt To Equity0.53+178.9%+307.7%+231.3%-86.8%
Piotroski F-Score6+20.0%-14.3%+20.0%0.0%
Altman Z-Score14.71+6.8%+4.9%-16.5%+2198.4%

Current Ratio Highs

CDNS Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.93at high
5Y2.93at high
All4.11-28.7%

Current Ratio Lows

CDNS Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.24+136.3%
5Y1.24+136.3%
All1.03+184.5%

Current Ratio History

YearValueChange
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%
2.11+8.2%
YearValueChange
1.95+11.4%
1.75+16.7%
1.50+11.9%
1.34+18.6%
1.13-0.9%
1.14-36.3%
1.79-21.1%
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%
2.79-32.1%
4.11+42.2%
2.89-

FAQ

  • What is the current annual current ratio of CDNS?

    As of today, CDNS annual current ratio is 2.93

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

    CDNS annual current ratio is up +136.29% year-over-year

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

    CDNS annual current ratio is up +65.54% over the past 3 years

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

    CDNS annual current ratio is currently -28.71% below its historical high of 4.11 set on December 31, 1987

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

    CDNS annual current ratio is higher than 72.02% of companies in Technology sector

  • When is CDNS next annual earnings release?

    The next annual earnings release for CDNS is on

Current Ratio Formula

Current Ratio =  

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