Total Current Assets
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 $4B 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.
Analysis
How to read this metric
An increase generally indicates improved short-term financial flexibility, provided it is not driven by excessive inventory or uncollectible receivables.
Detailed definition
This is the aggregate value of all assets that are reasonably expected to be converted into cash, sold, or consumed with...
Peer comparison
Should be compared against total current liabilities to assess the net working capital position relative to industry peers.
total_current_assetsHistorical Data
| 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 | $1.7B | $1.64B | $1.82B | $1.98B | $1.93B | $2.2B | $4.1B | $4.02B | $4B | $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% |
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Cadence Design Systems's total current assets?
- Cadence Design Systems (CDNS) reported total current assets of $3.18B in Q1 2026.
- How has Cadence Design Systems's total current assets changed year-over-year?
- Cadence Design Systems's total current assets decreased by 20.5% year-over-year, from $4B to $3.18B.
- What is the long-term trend for Cadence Design Systems's total current assets?
- Over 5 years (2020 to 2025), Cadence Design Systems's total current assets has grown at a 25.9% compound annual growth rate (CAGR), from $1.48B to $4.67B.
- What does total current assets mean?
- The sum of all assets the company expects to turn into cash within one year.