Cadence Design Systems, Inc.

NasdaqGS:CDNS Stock Report

Mkt Cap: US$49.6b

Cadence Design Systems Financial Health

How is Cadence Design Systems's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CDNS's short term assets ($1.7B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: CDNS's short term assets ($1.7B) exceed its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: CDNS has more cash than its total debt.

Reducing Debt: CDNS's debt to equity ratio has reduced from 63.8% to 29.5% over the past 5 years.

Debt Coverage: CDNS's debt is well covered by operating cash flow (149.7%).

Interest Coverage: CDNS's interest payments on its debt are well covered by EBIT (68.9x coverage).


Balance Sheet


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