Cadence Design Systems Inc (CDNS)
280.00
-1.58
(-0.56%)
USD |
NASDAQ |
Apr 24, 10:53
Cadence Design Systems Debt to Equity Ratio: 0.1907 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| December 31, 2017 | 0.7373 |
| Date | Value |
|---|---|
| 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 |
| September 30, 2011 | 1.512 |
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
0.2059
Average
0.2084
Median
Sep 2023
Debt to Equity Ratio Benchmarks
| Microsoft Corp | 0.3115 |
| Synopsys Inc | 0.0025 |
| Ansys Inc | 0.1399 |
| Intuit Inc | 0.3519 |
| CrowdStrike Holdings Inc | 0.3223 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 5.669B |
| Total Liabilities (Quarterly) | 2.265B |
| Shareholders Equity (Quarterly) | 3.404B |
| Current Ratio | 1.242 |
| Net Debt Paydown Yield | 0.04% |