Cadence Design Systems (CDNS) Interest Coverage Ratio (2009 - 2026)
Cadence Design Systems (CDNS) reported Interest Coverage Ratio of 13.64 for Q1 2026, up 9.89% on a YoY basis from 12.42 in Q1 2025, and down 13.31% quarter-over-quarter from 15.74 in Q4 2025.
Cadence Design Systems (CDNS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Cadence Design Systems has reported Interest Coverage Ratio for 18 years, with the latest figure at 13.64 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 9.89% year-over-year to 13.64; the trailing twelve-month figure through Mar 2026 stood at 13.12 (down 13.48% YoY), and the FY2025 full-year result was 12.8, down 27.97% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 13.64, down from 15.74 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 288.51 in Q1 2022, with the low at 8.35 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 43.75 across 5 years, with a median of 26.0 in 2022.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 91.94% — and 2023, when it soared 61.05%.
- Cadence Design Systems' Interest Coverage Ratio stood at 23.25 in 2022, then soared by 61.05% to 37.44 in 2023, then tumbled by 59.19% to 15.28 in 2024, then grew by 3.02% to 15.74 in 2025, then dropped by 13.31% to 13.64 in 2026.
- The last three Interest Coverage Ratio figures came in at 13.64 (Q1 2026), 15.74 (Q4 2025), and 14.65 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -9.39 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.81 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 7.40 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 13.64 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -17.35 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 34.43 |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -156.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 3, 2021 | 42.97 |