Cadence Design Systems Total Current Assets decreased by 31.9% to $3.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 20.5%, from $4.00B to $3.18B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 25.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
total_current_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.46B | $1.54B | $1.72B | $1.73B | $1.66B | $1.67B | $1.71B | $1.70B | $1.64B | $1.82B | $1.98B | $1.93B | $2.20B | $4.10B | $4.02B | $4.00B | $4.22B | $4.29B | $4.67B | $3.18B |
| QoQ Change | — | +5.9% | +11.2% | +1.1% | -4.5% | +0.8% | +2.2% | -0.5% | -3.3% | +11.0% | +8.3% | -2.3% | +13.8% | +86.7% | -2.0% | -0.4% | +5.6% | +1.5% | +8.9% | -31.9% |
| YoY Change | — | — | — | — | +13.8% | +8.3% | -0.5% | -2.1% | -0.9% | +9.2% | +15.8% | +13.6% | +33.7% | +124.7% | +103.2% | +107.2% | +92.2% | +4.6% | +16.3% | -20.5% |