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Cadence Design Systems, Inc. (CDNS)
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Cadence Design Systems, Inc. (CDNS) Current Ratio: 2.86

Is Cadence Design Systems, Inc.’s current ratio high or low?

Cadence Design Systems, Inc.'s current ratio of 2.86 is 44% above its 5-year average of 1.99, near the high end of its 5-year range (1.24–2.93).

The current ratio for Cadence Design Systems, Inc. (CDNS) is 2.86 as of Wednesday, June 10, 2026. It is below its 12-month average by 1.21% (2.90).

CDNS Current Ratio Chart

CDNS Current Ratio
2.86-2.39% 1Y
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CDNS Average Current Ratio Chart

CDNS Current vs Average Current Ratio Chart

CDNS Current Ratio Metrics

CURRENT RATIO

2.86

CURRENT RATIO AVG TTM

2.90

CURRENT RATIO AVG 3Y

2.07

CURRENT RATIO AVG 5Y

1.99

CURRENT RATIO AVG 10Y

1.78

CURRENT RATIO AVG 15Y

1.59

CURRENT RATIO AVG 20Y

1.70

CURRENT VS TTM AVG

-1.21%

CURRENT VS 3Y AVG

+37.83%

CURRENT VS 5Y AVG

+43.84%

CURRENT VS 10Y AVG

+61.00%

CURRENT VS 15Y AVG

+79.73%

CURRENT VS 20Y AVG

+68.05%

CDNS Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Cadence Design Systems, Inc. (CDNS)2.862.902.071.99
Accenture plc (ACN)$104.93B1.421.261.261.28
ServiceNow, Inc. (NOW)$109.38B0.951.021.051.08
Fortinet, Inc. (FTNT)$101.91B1.171.321.271.35
Adobe Inc. (ADBE)$94.61B1.001.041.131.15
Synopsys, Inc. (SNPS)$87.82B1.622.031.571.44
Snowflake Inc. (SNOW)$83.15B1.301.521.852.69
Datadog, Inc. (DDOG)$81.03B3.383.013.073.60
Intuit Inc. (INTU)$77.74B1.361.331.381.62
Cloudflare, Inc. (NET)$77.62B1.982.423.274.64

Liquidity Analysis

Current Ratio

2.86

Quick Ratio

2.67

Cadence Design Systems, Inc. Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Cadence Design Systems, Inc. Current Ratio FAQ

What is the current ratio for Cadence Design Systems, Inc. (CDNS)?
The current ratio for CDNS stock is 2.86.
Is Cadence Design Systems, Inc.'s current ratio high or low?
Cadence Design Systems, Inc.'s current ratio of 2.86 is 44% above its 5-year average of 1.99, near the high end of its 5-year range (1.24–2.93).
What is the TTM average current ratio for Cadence Design Systems, Inc. (CDNS)?
The TTM average current ratio for CDNS stock is 2.90.
What is the 3Y average current ratio for Cadence Design Systems, Inc. (CDNS)?
The 3Y average current ratio for CDNS stock is 2.07.
What is the 5Y average current ratio for Cadence Design Systems, Inc. (CDNS)?
The 5Y average current ratio for CDNS stock is 1.99.
What is the 10Y average current ratio for Cadence Design Systems, Inc. (CDNS)?
The 10Y average current ratio for CDNS stock is 1.78.
What is the 15Y average current ratio for Cadence Design Systems, Inc. (CDNS)?
The 15Y average current ratio for CDNS stock is 1.59.
What is the 20Y average current ratio for Cadence Design Systems, Inc. (CDNS)?
The 20Y average current ratio for CDNS stock is 1.70.

Cadence Design Systems, Inc. Current Ratio History

DATECURRENT RATIO
2025-12-312.86
2024-12-312.93
2023-12-311.24
2022-12-311.27
2021-12-311.77
2020-12-311.86
2019-12-311.74
2018-12-311.34
2017-12-311.53
2016-12-311.20
2015-12-311.80
2014-12-311.33
2013-12-311.06
2012-12-311.14
2011-12-311.05
2010-12-311.34
2009-12-312.14
2008-12-311.69
2007-12-311.95
2006-12-312.39
2005-12-312.11
2004-12-311.95
2003-12-311.75
2002-12-311.48
2001-12-311.34
2000-12-311.13
1999-12-311.14
1998-12-312.03
1997-12-312.27
1996-12-312.12

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
12,837 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Anirudh Devgan