Cadence Design Systems (CDNS) Debt Ratio (2013 - 2026)
Cadence Design Systems' (CDNS) quarterly Debt Ratio came in at 0.21 in Q2 2026, down 21.16% YoY from 0.26 in Q2 2025, and down 14.46% on a QoQ basis from 0.24 in Q1 2026.
Cadence Design Systems (CDNS) Debt Ratio (2013 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has 14 years of Debt Ratio data on file, last reported at 0.21 in Q2 2026.
- Quarterly Debt Ratio fell 21.16% year-over-year to 0.21 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.21 (down 21.16% YoY) and the FY2025 annual result came in at 0.24, down 11.47% from the prior year.
- Debt Ratio retreated to 0.21 in Q2 2026, from 0.24 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.31 in Q3 2024 to a low of 0.08 in Q2 2022.
- A 5-year average of 0.18 and a median of 0.16 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio dropped 25.61% — and 2024, when it soared 158.0%.
- Tracing CDNS's Debt Ratio over 5 years: stood at 0.15 in 2022, then dropped by 21.38% to 0.11 in 2023, then jumped by 141.01% to 0.28 in 2024, then retreated by 11.47% to 0.24 in 2025, then fell by 15.88% to 0.21 in 2026.
- The last three Debt Ratio figures came in at 0.21 (Q2 2026), 0.24 (Q1 2026), and 0.24 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.11 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.37 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.22 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.24 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.08 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.22 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.18 |
| 10 | Cadence Design Systems | 89.45 Bn | 88.01 Bn | 1.41 Bn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.15 |
| Oct 1, 2022 | 0.16 |
| Jul 2, 2022 | 0.08 |
| Apr 2, 2022 | 0.08 |
| Jan 1, 2022 | 0.08 |
| Oct 2, 2021 | 0.08 |