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

Cadence Design Systems, Inc. (CDNS) Quick Ratio

Annual Quick Ratio

2.670.07-2.55%

Summary

Current Value
As of today, CDNS annual quick ratio is 2.67, down -2.55% on
Historical Performance
CDNS annual quick ratio is up +128.21% over the past 3 years, up +51.70% over the past 5 years
All-Time High Comparison
CDNS annual quick ratio is currently -9.49% below its historical high of 2.95 set on
3-Year Low Comparison
CDNS annual quick ratio is +136.28% above its 3-year low of 1.13 reached on
Sector Comparison
CDNS annual quick ratio is higher than 74.97% of companies in Technology sector

Quick Ratio Chart

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Series
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Performance

CDNS Performance
MetricDateValue1Y3Y5Y15Y
2.67-2.5%+128.2%+51.7%+122.5%
2.67-2.5%+128.2%+51.7%+122.5%
Price$293.29+25.4%+49.9%+131.2%+2961.5%
$4.67B+16.3%+173.6%+215.8%+431.0%
$303.55M+17.8%+137.1%+299.6%+677.6%
$1.64B+19.4%+21.3%+105.2%+134.4%
2.86-2.4%+125.2%+53.8%+127.0%
Annual Debt To Equity0.45-19.6%+32.4%+125.0%-77.4%
6+20.0%0.0%-14.3%-14.3%
12.64+12.2%-20.7%-24.9%+1480.0%

Quick Ratio Highs

CDNS Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.74-2.5%
5Y2.74-2.5%
All2.95-9.5%

Quick Ratio Lows

CDNS Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.13+136.3%
5Y1.13+136.3%
All0.99+169.7%

Quick Ratio History

YearValueChange
2.67-2.6%
2.74+142.5%
1.13-3.4%
1.17-29.1%
1.65-6.3%
1.76+6.0%
1.66+27.7%
1.30-11.6%
1.47+30.1%
1.13-33.1%
1.69+31.0%
1.29+26.5%
1.02-8.1%
1.11+9.9%
1.01-15.8%
1.20-42.3%
2.08+26.8%
1.64-14.1%
1.91-18.0%
2.33+13.1%
YearValueChange
2.06+7.9%
1.91+11.7%
1.71+17.1%
1.46+11.5%
1.31+20.2%
1.090.0%
1.09-38.4%
1.77-22.0%
2.27+8.6%
2.09+111.1%
0.99-13.2%
1.14-39.0%
1.87-26.1%
2.53+31.1%
1.93-31.8%
2.83+5.6%
2.68-3.9%
2.79-5.4%
2.95-

FAQ

  • What is the current annual quick ratio of CDNS?

    As of today, CDNS annual quick ratio is 2.67

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

    CDNS annual quick ratio is down -2.55% year-over-year

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

    CDNS annual quick ratio is up +128.21% over the past 3 years

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

    CDNS annual quick ratio is currently -9.49% below its historical high of 2.95 set on December 31, 1987

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

    CDNS annual quick ratio is higher than 74.97% 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

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. CDNS Official Website www.cadence.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/813672/000081367226000016/0000813672-26-000016-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/813672/000081367226000016/0000813672-26-000016-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