SNPSSynopsys, Inc.
Is it safe?
Mixed picture: a safe balance sheet and comfortable debt (AA), but quality weak and big price swings.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Some accounting flags, worth a closer look Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Weak, deteriorating fundamentals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Insiders were net sellers (-$44.6M, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -43% · now 5% below its 52-week high.
Unless marked, from SEC EDGAR, as of Oct 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can SNPS take a bad year?
Synopsys, Inc. carries $6.43B of net debt at 3.19× EBITDA: a load its earnings can carry.
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.19×
Net debt / EBITDA · 9.04× a year ago · the load is coming down
- Altman Z-score
- 3.24
Altman Z-score · safe zone, above 3
- Interest cover
- 1.29×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ3 2026
- $10.0B
- Cash and short-term investments
- $3.61B
- Net debt
- $6.43B
- EBITDA, trailing twelve months
- $2.01B
- Operating profit, trailing twelve months
- $802M
- Debt / equity
- 0.32×
- Total debt / EBITDA
- 4.99×
- Annualised volatilitytwo years of daily moves
- 51%
- Worst drawdown on file
- −43%
- Below its 52-week high
- 4.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Infrastructure
Ranks #28 of 80 by RyuScore