Debt to Equity Ratio Analysis of Cadence Design Syst Inc. - Deep Dive


Latest FY Debt to Equity
Period Ending - Dec-23

0.203


Excellent Debt to Equity
Period Ending - Dec-22
0.273

Excellent Debt to Equity
Growth
-25.55 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24

0.182


Excellent Debt to Equity
Debt to Equity Analysis of Cadence Design Syst Inc.
Debt to Equity Ratio 0.203 of Cadence Design Syst Inc. indicates to run a business company uses lower amount of long-term debt.
Debt to Equity Ratio of CDNS drastically fell by -25.55 % this year.
Debt to Equity Ratio with value of 0.273 was highest in Year Dec-22 in last Five Years.
Debt to Equity Ratio with value of 0.136 was lowest in Year Dec-21 in last Five Years.
Latest Debt to Equity Ratio with value of 0.203 is Greater than Average Debt to Equity of 0.188 in last five years.
Other Debt to Equity Related Info of CDNS that may interest you.
Cadence Design Syst Inc. Overview
CodePricePrevious PricePrice ChangeSector
CDNS286.31288.25 0.673 % Software-Application
Fundamental AnalysisTechnical Analysis
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time.   more ..
Debt to Equity Ratio Formula
Debt to Equity Related Ratios
ShortTermDebtToEquityRatioDividendCoverageRatioCurrentRatio
Tsr Stability Index
Good Stability
FY - Historical Debt to Equity Ratio of Cadence Design Syst Inc.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to Equity0.2030.2730.1360.1530.1770.3460.737
Change-25.55 %100.31 %-10.91 %-13.57 %-48.87 %-53.13 %-21.13 %
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FY Chart of Debt to Equity Ratio of Cadence Design Syst Inc.


Note : All Data Generated at the End of Trading Hours (EOD Data)