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Cadence Design Systems CDNS Net debt / EBITDA

Net debt / EBITDA at other companies

Synopsys logo
SynopsysSNPS
5.1×+3.9×
Rambus logo
RambusRMBS
-0.4×0.0×
Keysight Technologies logo
Keysight TechnologiesKEYS
0.3×+0.2×
Teradyne, Inc. logo
Teradyne, Inc.TER
-0.1×-0.1×
KLA Corporation logo
KLA CorporationKLAC
-0.2×
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
-2.4×-0.6×

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
Current ratio1.5×-1.6×

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 net debt / EBITDA?
Cadence Design Systems (CDNS) reported net debt / EBITDA of -0.7× in Q1 2026.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.