Cadence Design Systems (CDNS) Interest Coverage Ratio (2009 - 2026)
Cadence Design Systems' (CDNS) quarterly Interest Coverage Ratio came in at 12.82 in Q2 2026, up 53.44% on a YoY basis from 8.35 in Q2 2025, and down 6.07% quarter-over-quarter from 13.64 in Q1 2026.
Analysis
Cadence Design Systems (CDNS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Cadence Design Systems (CDNS) has reported Interest Coverage Ratio for 18 consecutive years, with 12.82 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 53.44% year-over-year to 12.82; the trailing twelve-month figure through Jun 2026 stood at 14.14 (up 12.75% YoY), and the FY2025 full-year result was 12.8, down 27.97% from the prior year.
- Interest Coverage Ratio fell to 12.82 in Q2 2026 per CDNS's latest filing, from 13.64 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 288.51 in Q1 2022 and bottomed at 8.35 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 42.12 across 5 years, with a median of 23.25 in 2022.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 91.94% in 2022, then jumped 61.05% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 23.25 in 2022, then surged by 61.05% to 37.44 in 2023, then sank by 59.19% to 15.28 in 2024, then rose by 3.02% to 15.74 in 2025, then decreased by 18.57% to 12.82 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 12.82, 13.64, and 15.74 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cadence Design Systems | 80.61 Bn | 79.17 Bn | 1.41 Bn | 12.82 |
| 2 | Synopsys | 75.46 Bn | 71.85 Bn | 1.80 Bn | 2.68 |
| 3 | Dolby Laboratories | 5.84 Bn | 5.18 Bn | 264.68 Mn | - |
| 4 | Adeia | 2.92 Bn | 2.72 Bn | - | 3.16 |
| 5 | Pdf Solutions | 1.91 Bn | 1.80 Bn | 42.42 Mn | 4.58 |
| 6 | Ceva | 758.32 Mn | 758.32 Mn | - | - |
| 7 | Immersion | 255.40 Mn | 345.19 Mn | 84.86 Mn | 2.97 |
| 8 | Silvaco | 220.28 Mn | 207.28 Mn | 15.16 Mn | - |
| 9 | Atomera | 157.66 Mn | 157.66 Mn | 132,000.00 | -6,759.00 |
| 10 | Network-1 Technologies | 36.35 Mn | 2.60 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.82 |
| Mar 31, 2026 | 13.64 |
| Dec 31, 2025 | 15.74 |
| Sep 30, 2025 | 14.65 |
| Jun 30, 2025 | 8.35 |
| Mar 31, 2025 | 12.42 |
| Dec 31, 2024 | 15.28 |
| Sep 30, 2024 | 14.29 |
| Jun 30, 2024 | 22.77 |
| Mar 31, 2024 | 28.76 |
| Dec 31, 2023 | 37.44 |
| Sep 30, 2023 | 32.33 |
| Jun 30, 2023 | 33.72 |
| Mar 31, 2023 | 34.82 |
| Dec 31, 2022 | 23.25 |
| Oct 1, 2022 | 47.73 |
| Jul 2, 2022 | 66.08 |
| Apr 2, 2022 | 77.64 |
| Jan 1, 2022 | 288.51 |
| Oct 2, 2021 | 46.24 |