Is it safe?
Can CDNS take a bad year?
Cadence Design Systems holds $982M more cash than debt, so a bad year is a question about profits, not about lenders.
$982M
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- 15.34
Altman Z-score · safe zone, above 3
- Interest cover
- 13.1×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $425M
- Cash and short-term investments
- $1.41B
- Net cash
- $982M
- EBITDA, trailing twelve months
- $1.73B
- Operating profit, trailing twelve months
- $1.56B
- Debt / equity
- 0.07×
- Total debt / EBITDA
- 0.25×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −32%
- Below its 52-week high
- −20%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Application
Ranks #50 of 90 by Smart Score