CDNS Quick Ratio Analysis
Updated 105h ago·SEC filings & market data
Key Takeaway
The quick ratio measures a company’s ability to pay short-term obligations with its most liquid assets, excluding inventory; CDNS’s current 1.05x means it holds $1.05 in cash, marketable securities, and receivables for every $1 of current liabilities.
Sector Performance
71th percentileCDNS
1.05x
Sector Median
0.72x
Sector Avg
2.70x
Prior Period
0.89x(Jul 2026)
Deep Analysis
The quick ratio measures a company’s ability to pay short-term obligations with its most liquid assets, excluding inventory; CDNS’s current 1.05x means it holds $1.05 in cash, marketable securities, and receivables for every $1 of current liabilities.
This sits above the sector median of 0.71x, placing CDNS in the 72th percentile among sector peers. A year-over-year figure is not available, but quarter-over-quarter
Frequently Asked Questions
What does the Quick Ratio tell investors about CDNS?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
Who are CDNS's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).
Learn More About Quick Ratio
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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1.05x
Sector Median
0.72x
Sector Avg
2.70x
How CDNS's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.