Cadence Design Systems (CDNS) Quick Ratio: History & Chart

Cadence Design Systems, Inc. (CDNS)CDNSCadence Design Systems, Inc.

About Cadence Design Systems, Inc.

Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.

San Jose, CA

13,800 employees

www.cadence.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: Anirudh Devgan

View full financials

CDNS Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.32

QUICK RATIO (ACID-TEST) AVG TTM

2.48

QUICK RATIO (ACID-TEST) AVG 3Y

1.92

QUICK RATIO (ACID-TEST) AVG 5Y

1.76

QUICK RATIO (ACID-TEST) AVG 10Y

1.44

QUICK RATIO (ACID-TEST) AVG 15Y

1.36

QUICK RATIO (ACID-TEST) AVG 20Y

1.58

CURRENT VS TTM AVG

-46.66%

CURRENT VS 3Y AVG

-31.07%

CURRENT VS 5Y AVG

-24.61%

CURRENT VS 10Y AVG

-8.04%

CURRENT VS 15Y AVG

-2.53%

CURRENT VS 20Y AVG

-16.29%

SECTOR MEDIAN · TECHNOLOGY

1.58

median of 177 covered companies

CURRENT VS SECTOR MEDIAN

-16.22%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Cadence Design Systems, Inc. (CDNS)	$89.98B	1.32	2.48	1.92	1.76
Accenture plc (ACN)vs ›	$89.95B	1.42	1.26	1.26	1.28
Adobe Inc. (ADBE)vs ›	$89.48B	1.00	1.04	1.13	1.15
Datadog, Inc. (DDOG)vs ›	$87.87B	3.38	3.01	3.07	3.60
Snowflake Inc. (SNOW)vs ›	$92.91B	1.30	1.52	1.85	2.69
Cloudflare, Inc. (NET)vs ›	$93.11B	1.98	2.42	3.27	4.64
Intuit Inc. (INTU)vs ›	$81.06B	1.36	1.33	1.38	1.62
Automatic Data Processing, Inc. (ADP)vs ›	$99.97B	1.05	1.03	1.01	1.03
ServiceNow, Inc. (NOW)vs ›	$102.12B	0.95	1.02	1.05	1.08
Synopsys, Inc. (SNPS)vs ›	$71.51B	1.52	1.91	1.47	1.34

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Cadence Design Systems, Inc. (CDNS)

$89.98B

1.32

2.48

1.92

1.76

Accenture plc (ACN)vs ›

$89.95B

1.42

1.26

1.28

Adobe Inc. (ADBE)vs ›

$89.48B

1.00

1.04

1.13

1.15

Datadog, Inc. (DDOG)vs ›

$87.87B

3.38

3.01

3.07

3.60

Snowflake Inc. (SNOW)vs ›

$92.91B

1.30

1.52

1.85

2.69

Cloudflare, Inc. (NET)vs ›

$93.11B

1.98

2.42

3.27

4.64

Intuit Inc. (INTU)vs ›

$81.06B

1.36

1.33

1.38

1.62

Automatic Data Processing, Inc. (ADP)vs ›

$99.97B

1.05

1.03

1.01

1.03

ServiceNow, Inc. (NOW)vs ›

$102.12B

0.95

1.02

1.05

1.08

Synopsys, Inc. (SNPS)vs ›

$71.51B

1.52

1.91

1.47

1.34

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Cadence Design Systems, Inc. (CDNS)?

The quick ratio (acid-test) for CDNS stock is 1.32.

Is Cadence Design Systems, Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.32 is 25% below its 5-year average of 1.76, near the low end of its 5-year range (1.13–2.90).

What is the TTM average quick ratio (acid-test) for Cadence Design Systems, Inc. (CDNS)?

The TTM average quick ratio (acid-test) for CDNS stock is 2.48.

What is the 3Y average quick ratio (acid-test) for Cadence Design Systems, Inc. (CDNS)?

The 3Y average quick ratio (acid-test) for CDNS stock is 1.92.

What is the 5Y average quick ratio (acid-test) for Cadence Design Systems, Inc. (CDNS)?

The 5Y average quick ratio (acid-test) for CDNS stock is 1.76.

What is the 10Y average quick ratio (acid-test) for Cadence Design Systems, Inc. (CDNS)?

The 10Y average quick ratio (acid-test) for CDNS stock is 1.44.

What is the 15Y average quick ratio (acid-test) for Cadence Design Systems, Inc. (CDNS)?

The 15Y average quick ratio (acid-test) for CDNS stock is 1.36.

What is the 20Y average quick ratio (acid-test) for Cadence Design Systems, Inc. (CDNS)?

The 20Y average quick ratio (acid-test) for CDNS stock is 1.58.

DATE	QUICK RATIO (ACID-TEST)
2026-03-31	1.32
2025-12-31	2.67
2025-09-30	2.84
2025-06-30	2.67
2025-03-31	2.90
2024-12-31	2.74
2024-09-30	2.27
2024-06-30	1.32
2024-03-31	1.19
2023-12-31	1.13
2023-09-30	1.31
2023-06-30	1.26
2023-03-31	1.33
2022-12-31	1.17
2022-10-01	1.24
2022-07-02	1.49
2022-04-02	1.69
2021-12-31	1.65
2021-10-02	1.59
2021-07-03	1.47
2021-04-03	1.61
2020-12-31	1.76
2020-09-26	1.51
2020-06-27	1.39
2020-03-28	1.32
2019-12-31	1.66
2019-09-28	1.59
2019-06-29	1.52
2019-03-30	1.39
2018-12-31	1.30
2018-09-29	1.58
2018-06-30	1.26
2018-03-31	1.20
2017-12-31	1.47
2017-09-30	1.72
2017-07-01	1.56
2017-04-01	1.34
2016-12-31	1.13
2016-10-01	1.37
2016-07-02	1.59
2016-04-02	1.93
2015-12-31	1.69
2015-10-03	1.93
2015-07-04	1.91
2015-04-04	1.37
2014-12-31	1.29
2014-09-27	1.00
2014-06-28	0.96
2014-03-29	1.04
2013-12-31	1.02
2013-09-28	0.95
2013-06-29	0.90
2013-03-30	1.18
2012-12-31	1.11
2012-09-29	1.13
2012-06-30	1.11
2012-03-31	1.06
2011-12-31	1.01
2011-10-01	1.40
2011-07-02	0.95
2011-04-02	1.31
2010-12-31	1.20
2010-10-02	1.72
2010-07-03	1.67
2010-04-03	2.14
2009-12-31	2.08
2009-10-03	2.06
2009-07-04	1.91
2009-04-04	1.90
2008-12-31	1.64
2008-09-27	1.82
2008-06-28	1.80
2008-03-29	1.71
2007-12-31	1.91
2007-09-29	1.88
2007-06-30	3.16
2007-03-31	2.87
2006-12-31	2.33
2006-09-30	2.15
2006-07-01	2.03
2006-04-01	2.21
2005-12-31	2.06
2005-10-01	2.09
2005-07-02	1.75
2005-04-02	2.17
2004-12-31	1.91
2004-10-02	1.77
2004-07-03	1.65
2004-04-03	1.85
2003-12-31	1.71
2003-09-27	1.45
2003-06-28	1.26
2003-03-29	1.34
2002-12-31	1.46
2002-09-28	1.30
2002-06-29	1.36

DATE

QUICK RATIO (ACID-TEST)

2026-03-31

1.32

2025-12-31

2.67

2025-09-30

2.84

2025-06-30

2.67

2025-03-31

2.90

2024-12-31

2.74

2024-09-30

2.27

2024-06-30

1.32

2024-03-31

1.19

2023-12-31

1.13

2023-09-30

1.31

2023-06-30

1.26

2023-03-31

1.33

2022-12-31

1.17

2022-10-01

1.24

2022-07-02

1.49

2022-04-02

1.69

2021-12-31

1.65

2021-10-02

1.59

2021-07-03

1.47

2021-04-03

1.61

2020-12-31

1.76

2020-09-26

1.51

2020-06-27

1.39

2020-03-28

1.32

2019-12-31

1.66

2019-09-28

1.59

2019-06-29

1.52

2019-03-30

1.39

2018-12-31

1.30

2018-09-29

1.58

2018-06-30

1.26

2018-03-31

1.20

2017-12-31

1.47

2017-09-30

1.72

2017-07-01

1.56

2017-04-01

1.34

2016-12-31

1.13

2016-10-01

1.37

2016-07-02

1.59

2016-04-02

1.93

2015-12-31

1.69

2015-10-03

1.93

2015-07-04

1.91

2015-04-04

1.37

2014-12-31

1.29

2014-09-27

1.00

2014-06-28

0.96

2014-03-29

1.04

2013-12-31

1.02

2013-09-28

0.95

2013-06-29

0.90

2013-03-30

1.18

2012-12-31

1.11

2012-09-29

1.13

2012-06-30

1.11

2012-03-31

1.06

2011-12-31

1.01

2011-10-01

1.40

2011-07-02

0.95

2011-04-02

1.31

2010-12-31

1.20

2010-10-02

1.72

2010-07-03

1.67

2010-04-03

2.14

2009-12-31

2.08

2009-10-03

2.06

2009-07-04

1.91

2009-04-04

1.90

2008-12-31

1.64

2008-09-27

1.82

2008-06-28

1.80

2008-03-29

1.71

2007-12-31

1.91

2007-09-29

1.88

2007-06-30

3.16

2007-03-31

2.87

2006-12-31

2.33

2006-09-30

2.15

2006-07-01

2.03

2006-04-01

2.21

2005-12-31

2.06

2005-10-01

2.09

2005-07-02

1.75

2005-04-02

2.17

2004-12-31

1.91

2004-10-02

1.77

2004-07-03

1.65

2004-04-03

1.85

2003-12-31

1.71

2003-09-27

1.45

2003-06-28

1.26

2003-03-29

1.34

2002-12-31

1.46

2002-09-28

1.30

2002-06-29

1.36

Quick Ratio (Acid-Test): 1.32

CDNS Quick Ratio

CDNS Average Quick Ratio (Acid-Test) Chart

CDNS Current vs Average Quick Ratio (Acid-Test) Chart

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Quick Ratio (Acid-Test) FAQ

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