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Current ratio at other companies

Synopsys logo
SynopsysSNPS
1.4×-5.6×
Rambus logo
RambusRMBS
9.8×-0.3×
Keysight Technologies logo
Keysight TechnologiesKEYS
1.9×-1.5×
Teradyne, Inc. logo
Teradyne, Inc.TER
2.1×-0.6×
KLA Corporation logo
KLA CorporationKLAC
+0.5×
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
10.2×+3.5×

Other financials

Income statement

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Revenue$1.5B+18.7%
Operating income$431.3M+19.3%
Net income$335.7M+22.7%
EPS (diluted)$1.23+23.0%

Balance sheet

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Cash & equivalents$1.4B-49.4%
Total debt$177.2M
Total equity$6.6B+37.4%
Total assets$12.1B+34.2%

Cash flow

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Operating cash flow$355.8M-27.0%
CapEx$48.8M+112%
Free cash flow$307.0M-33.8%

Valuation

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Market cap$107.46B+10.0%
Enterprise value$106.23B
P/E91.8×+1.4×
P/S19.4×-0.6×

Profitability

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Operating margin28.3%-1.7pp
Net margin21.2%-1.0pp

Returns & leverage

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Return on equity20.7%-5.3pp
Debt / equity

Where this comes from

Calculated from Cadence Design Systems’s reported figures.

Based on the most recent quarter.

The official record: Cadence Design Systems’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cadence Design Systems's current ratio?
Cadence Design Systems (CDNS) reported current ratio of 1.5× in Q1 2026.
How has Cadence Design Systems's current ratio changed year-over-year?
Cadence Design Systems's current ratio decreased by 52.2% year-over-year, from 3.1× to 1.5×.
What is the long-term trend for Cadence Design Systems's current ratio?
Over 4 years (2021 to 2025), Cadence Design Systems's current ratio has grown at a 15.0% compound annual growth rate (CAGR), from 6.7× to 11.8×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.