Cadence Design Systems (CDNS) Interest Coverage Ratio (2009 - 2026)
Cadence Design Systems' (CDNS) Interest Coverage Ratio was 12.82 for Q2 2026, up 53.4% from 8.35 a year earlier but down 6.1% from the prior quarter.
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Analysis
Cadence Design Systems (CDNS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cadence Design Systems' Interest Coverage Ratio came in at 14.14, up 12.7% year-over-year; for FY2025, it was 12.80, down 28.0% from FY2024.
- Interest Coverage Ratio has declined for three consecutive years.
- By year, Interest Coverage Ratio came in at 17.77 in FY2024 (-48.6%), 34.58 in FY2023 (-26.1%), 46.82 in FY2022 (+2.0%) and 45.88 in FY2021.
- Five-year quarterly Interest Coverage Ratio spans a low of 8.35 in Q2 2025 and a high of 288.51 in Q4 2021.
- Year over year, Interest Coverage Ratio has now increased in each of the last four quarters, with an average decline of 20.8% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2023 (growth of 61.1%); the low point was Q4 2022 (a decline of 91.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 13.64 (Q1 2026), 15.74 (Q4 2025) and 14.65 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,258.66 Bn | 5,032.83 Bn | 72.14 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 2,186.01 Bn | 1,810.88 Bn | 27.22 Bn | 248.49 |
| 3 | Broadcom | 1,641.55 Bn | 1,567.60 Bn | 20.46 Bn | 20.51 |
| 4 | Micron Technology | 1,047.64 Bn | 953.27 Bn | 47.05 Bn | - |
| 5 | Advanced Micro Devices | 917.54 Bn | 874.29 Bn | 6.20 Bn | 53.78 |
| 6 | Asml Holding | 643.92 Bn | 599.61 Bn | 5.90 Bn | - |
| 7 | Intel | 487.69 Bn | 356.82 Bn | 6.51 Bn | - |
| 8 | Lam Research | 348.49 Bn | 325.29 Bn | 3.48 Bn | - |
| 9 | Applied Materials | 342.16 Bn | 307.60 Bn | 4.59 Bn | 45.22 |
| 10 | Cadence Design Systems | 89.00 Bn | 80.40 Bn | 1.35 Bn | 12.82 |
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 |
API Access
Cadence Design Systems Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CDNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "CDNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CDNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();