Stock Analysis on Net
Stock Analysis on Net

Cadence Design Systems Inc. (NASDAQ:CDNS)

Current Ratio
since 2005

Microsoft Excel

Calculation

Cadence Design Systems Inc., current ratio, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).

1 US$ in thousands

Comparison to Competitors

Cadence Design Systems Inc., current ratio, long-term trends, comparison to competitors

Microsoft Excel
Cadence Design Systems Inc. Accenture PLC Adobe Inc. Autodesk Inc. CrowdStrike Holdings Inc. International Business Machines Corp. Intuit Inc. Microsoft Corp. Oracle Corp. Palo Alto Networks Inc. Salesforce Inc. ServiceNow Inc. Synopsys Inc.
Dec 31, 2023 1.24 1.30 1.34 0.84 1.73 0.96 1.47 1.77 0.91 0.78 1.02 1.06 1.15
Dec 31, 2022 1.27 1.23 1.11 0.69 1.83 0.92 1.39 1.78 1.62 0.77 1.05 1.11 1.09
Dec 31, 2021 1.77 1.25 1.25 0.83 2.65 0.88 1.94 2.08 2.30 0.91 1.23 1.05 1.16
Dec 31, 2020 1.86 1.40 1.48 0.83 2.38 0.98 2.26 2.52 3.03 1.91 1.08 1.21 1.19
Dec 28, 2019 1.74 1.40 0.79 0.70 — 1.02 1.83 2.53 2.49 1.78 0.95 1.03 0.99
Dec 29, 2018 1.34 1.34 1.13 0.88 — 1.29 1.14 2.90 3.96 1.93 0.92 1.17 0.73
Dec 30, 2017 1.53 1.23 2.05 1.13 — 1.33 0.73 2.48 3.08 1.65 0.83 1.15 1.04
Dec 31, 2016 1.20 1.35 2.08 1.88 — 1.21 0.72 2.35 3.74 2.03 0.77 1.25 1.00
Dec 31, 2015 1.80 1.36 2.18 1.91 — 1.24 1.47 2.50 4.13 1.04 0.81 1.48 0.99
Dec 31, 2014 1.33 1.46 1.85 2.65 — 1.25 1.84 2.50 3.35 2.75 0.67 1.79 1.09
Dec 28, 2013 1.06 1.45 2.65 2.45 — 1.28 1.87 2.71 3.24 2.57 0.69 2.43 1.18
Dec 29, 2012 1.14 1.55 3.41 1.99 — 1.13 1.20 2.60 2.60 3.13 0.72 1.99 0.91
Dec 31, 2011 1.05 1.45 3.02 1.97 — 1.21 1.25 2.60 2.76 — 0.84 — 1.33
Dec 31, 2010 1.26 1.46 3.01 1.96 — 1.19 1.88 2.13 1.84 — 1.88 — 1.35
Dec 31, 2009 2.14 1.46 2.93 1.73 — 1.36 1.82 1.82 2.03 — 1.39 — 1.80
Dec 31, 2008 1.69 1.34 3.59 1.98 — 1.15 1.21 1.45 1.81 — 1.22 — 1.45
Dec 29, 2007 1.95 1.14 3.02 2.07 — 1.20 1.68 1.69 1.37 — 1.11 — 1.29
Dec 30, 2006 2.39 1.26 4.26 1.46 — 1.11 1.79 2.18 1.73 — 1.29 — 1.03
Dec 31, 2005 2.11 1.37 4.18 1.64 — 1.30 1.61 2.89 1.05 — 1.36 — 1.16

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Software & Services)

Cadence Design Systems Inc., current ratio, long-term trends, comparison to sector (software & services)

Microsoft Excel
Cadence Design Systems Inc. Software & Services
Dec 31, 2023 1.24 1.36
Dec 31, 2022 1.27 1.41
Dec 31, 2021 1.77 1.66
Dec 31, 2020 1.86 1.90
Dec 28, 2019 1.74 1.83
Dec 29, 2018 1.34 2.21
Dec 30, 2017 1.53 2.05
Dec 31, 2016 1.20 2.03
Dec 31, 2015 1.80 2.14
Dec 31, 2014 1.33 2.01
Dec 28, 2013 1.06 2.04
Dec 29, 2012 1.14 1.84
Dec 31, 2011 1.05 1.87
Dec 31, 2010 1.26 1.62
Dec 31, 2009 2.14 1.63
Dec 31, 2008 1.69 1.36
Dec 29, 2007 1.95 1.38
Dec 30, 2006 2.39 1.53
Dec 31, 2005 2.11 1.70

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Information Technology)

Cadence Design Systems Inc., current ratio, long-term trends, comparison to industry (information technology)

Microsoft Excel
Cadence Design Systems Inc. Information Technology
Dec 31, 2023 1.24 1.46
Dec 31, 2022 1.27 1.43
Dec 31, 2021 1.77 1.64
Dec 31, 2020 1.86 1.85
Dec 28, 2019 1.74 1.77
Dec 29, 2018 1.34 1.88
Dec 30, 2017 1.53 2.04
Dec 31, 2016 1.20 2.01
Dec 31, 2015 1.80 2.03
Dec 31, 2014 1.33 1.98
Dec 28, 2013 1.06 2.20
Dec 29, 2012 1.14 2.07
Dec 31, 2011 1.05 2.11
Dec 31, 2010 1.26 2.01
Dec 31, 2009 2.14 2.04
Dec 31, 2008 1.69 1.81
Dec 29, 2007 1.95 1.79
Dec 30, 2006 2.39 1.85
Dec 31, 2005 2.11 2.01

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).