Cadence Design Systems Inc (CDNS)
281.63
+5.19
(+1.88%)
USD |
NASDAQ |
May 03, 16:00
283.00
+1.37
(+0.49%)
After-Hours: 20:00
Cadence Design Systems Debt to Equity Ratio: 0.182 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
March 31, 2024 | 0.182 |
December 31, 2023 | 0.1907 |
September 30, 2023 | 0.2084 |
June 30, 2023 | 0.223 |
March 31, 2023 | 0.2306 |
December 31, 2022 | 0.2725 |
September 30, 2022 | 0.2946 |
June 30, 2022 | 0.1326 |
March 31, 2022 | 0.126 |
December 31, 2021 | 0.1268 |
September 30, 2021 | 0.132 |
June 30, 2021 | 0.138 |
March 31, 2021 | 0.1365 |
December 31, 2020 | 0.1391 |
September 30, 2020 | 0.2908 |
June 30, 2020 | 0.3086 |
March 31, 2020 | 0.3226 |
December 31, 2019 | 0.1645 |
September 30, 2019 | 0.2336 |
June 30, 2019 | 0.2416 |
March 31, 2019 | 0.2895 |
December 31, 2018 | 0.3456 |
September 30, 2018 | 0.2745 |
June 30, 2018 | 0.5428 |
March 31, 2018 | 0.6037 |
Date | Value |
---|---|
December 31, 2017 | 0.7373 |
September 30, 2017 | 0.6373 |
June 30, 2017 | 0.6765 |
March 31, 2017 | 0.8253 |
December 31, 2016 | 0.9349 |
September 30, 2016 | 0.748 |
June 30, 2016 | 0.6445 |
March 31, 2016 | 0.5615 |
December 31, 2015 | 0.2495 |
September 30, 2015 | 0.2519 |
June 30, 2015 | 0.2496 |
March 31, 2015 | 0.4712 |
December 31, 2014 | 0.5183 |
September 30, 2014 | 0.2629 |
June 30, 2014 | 0.3438 |
March 31, 2014 | 0.271 |
December 31, 2013 | 0.281 |
September 30, 2013 | 0.4687 |
June 30, 2013 | 0.5366 |
March 31, 2013 | 0.4438 |
December 31, 2012 | 0.4884 |
September 30, 2012 | 0.7506 |
June 30, 2012 | 0.8691 |
March 31, 2012 | 0.9357 |
December 31, 2011 | 1.036 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.126
Minimum
Mar 2022
0.3226
Maximum
Mar 2020
0.2047
Average
0.1996
Median
Debt to Equity Ratio Benchmarks
Microsoft Corp | 0.2585 |
Synopsys Inc | 0.0025 |
Ansys Inc | 0.1394 |
Intuit Inc | 0.3519 |
CrowdStrike Holdings Inc | 0.3223 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 5.722B |
Total Liabilities (Quarterly) | 2.155B |
Shareholders Equity (Quarterly) | 3.568B |
Current Ratio | 1.317 |
Net Debt Paydown Yield | 0.02% |