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

Cadence Design Systems, Inc. (CDNS) Quick Ratio

Annual Quick Ratio

2.741.61+142.48%

Summary

Current Value
As of today, CDNS annual quick ratio is 2.74, up +142.48% on
Historical Performance
CDNS annual quick ratio is up +66.06% over the past 3 years, and up +65.06% over the past 5 years
All-Time High Comparison
CDNS annual quick ratio is currently -33.33% below its historical high of 4.11 set on
3-Year Low Comparison
CDNS annual quick ratio is +142.48% above its 3-year low of 1.13 reached on
Sector Comparison
CDNS annual quick ratio is higher than 75.06% of companies in Technology sector

Quick Ratio Chart

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Performance

CDNS Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio2.74+142.5%+66.1%+65.1%+31.7%
Quarterly Quick Ratio2.84+25.1%+129.0%+88.1%+65.1%
Price$323.06+10.4%+90.9%+140.9%+3665.3%
Annual Current Assets$4.02B+103.2%+134.1%+243.4%+372.1%
Annual Inventory$257.71M+41.9%+122.7%+361.8%+966.5%
Annual Current Liabilities$1.37B-13.9%+41.1%+103.8%+244.3%
Annual Current Ratio2.93+136.3%+65.5%+68.4%+36.9%
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-Score14.61+8.1%+3.6%-17.3%+2182.8%

Quick Ratio Highs

CDNS Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.74at high
5Y2.74at high
All4.11-33.3%

Quick Ratio Lows

CDNS Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.13+142.5%
5Y1.13+142.5%
All0.99+176.8%

Quick Ratio History

YearValueChange
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+14.8%
1.49+13.7%
1.31+20.2%
1.090.0%
1.09-39.1%
1.79-21.1%
2.27+8.6%
2.09+111.1%
0.99-13.2%
1.14-39.0%
1.87-26.1%
2.53+30.4%
1.94-31.4%
2.83+5.6%
2.68-3.9%
2.79-32.1%
4.11-

FAQ

  • What is the current annual quick ratio of CDNS?

    As of today, CDNS annual quick ratio is 2.74

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

    CDNS annual quick ratio is up +142.48% year-over-year

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

    CDNS annual quick ratio is up +66.06% over the past 3 years

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

    CDNS annual quick ratio is currently -33.33% below its historical high of 4.11 set on December 31, 1987

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

    CDNS annual quick ratio is higher than 75.06% of companies in Technology sector

  • When is CDNS next annual earnings release?

    The next annual earnings release for CDNS is on

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/813672/000081367225000148/0000813672-25-000148-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