The Current Ratio of Cadence Design Systems Inc (CDNS) is 2.93.
Current Ratio compares a firm's current assets to its current liabilities to assess short-term liquidity. A ratio above 1.0 typically indicates a strong ability to meet obligations.
| Date | Value |
|---|---|
| 2024-12-31 | 2.93 |
| 2023-12-31 | 1.24 |
| 2022-12-31 | 1.27 |
| 2022-01-01 | 1.77 |
| 2021-01-02 | 1.86 |
| 2019-12-28 | 1.74 |
| 2018-12-29 | 1.34 |
| 2017-12-30 | 1.53 |
| 2016-12-31 | 1.20 |
| 2016-01-02 | 1.80 |