CADENCE DESIGN SYSTEMS INC (CDNS) Quick Ratio % [USD] 2011 - 2024

Historical data

Taxonomy & unit
ratio: %
Description
The acid-test ratio, also called the quick ratio, is a metric used to see if a company is positioned to sell assets within 90 days to meet immediate expenses.
Summary
Cadence Design Systems Inc quarterly Quick Ratio history and growth rate from 2011 to 2024.
  • Cadence Design Systems Inc Quick Ratio for the quarter ending March 31, 2024 was 12.2 %, a 23.2% increase year-over-year.
Quick Ratio, Quarterly Data (% [USD])
Period Value YoY Chg Change % Date
Q1 2024 12.2 +2.29 +23.2% Mar 31, 2024
Q4 2023 11.7 +1.75 +17.6% Dec 31, 2023
Q3 2023 11.2 +0.65 +6.16% Sep 30, 2023
Q2 2023 10.2 -0.95 -8.5% Jun 30, 2023
Q1 2023 9.86 -1.24 -11.2% Mar 31, 2023
Q4 2022 9.96 -0.73 -6.83% Dec 31, 2022
Q3 2022 10.6 +0.49 +4.87% Oct 1, 2022
Q2 2022 11.2 +3.17 +39.6% Jul 2, 2022
Q1 2022 11.1 +4.76 +75.1% Apr 2, 2022
Q4 2021 10.7 +5.08 +90.7% Jan 1, 2022
Q3 2021 10.1 +4.8 +91.1% Oct 2, 2021
Q2 2021 8.01 +1.44 +21.9% Jul 3, 2021
Q1 2021 6.33 -1.64 -20.6% Apr 3, 2021
Q4 2020 5.6 -2.66 -32.2% Jan 2, 2021
Q3 2020 5.27 -1.8 -25.5% Sep 26, 2020
Q2 2020 6.57 +0.73 +12.5% Jun 27, 2020
Q1 2020 7.98 +3.44 +75.9% Mar 28, 2020
Q4 2019 8.26 +4.34 +110% Dec 28, 2019
Q3 2019 7.07 +2.88 +68.7% Sep 28, 2019
Q2 2019 5.84 +1.43 +32.4% Jun 29, 2019
Q1 2019 4.53 -0.57 -11.2% Mar 30, 2019
Q4 2018 3.93 -1.85 -32% Dec 29, 2018
Q3 2018 4.19 -2.01 -32.4% Sep 29, 2018
Q2 2018 4.41 -3.03 -40.7% Jun 30, 2018
Q1 2018 5.1 -3.61 -41.4% Mar 31, 2018
Q4 2017 5.77 -4.12 -41.6% Dec 30, 2017
Q3 2017 6.2 -4.7 -43.1% Sep 30, 2017
Q2 2017 7.45 -3.25 -30.4% Jul 1, 2017
Q1 2017 8.71 -2.18 -20% Apr 1, 2017
Q4 2016 9.89 +1.64 +19.9% Dec 31, 2016
Q3 2016 10.9 +4.59 +72.7% Oct 1, 2016
Q2 2016 10.7 +5.43 +103% Jul 2, 2016
Q1 2016 10.9 +6.57 +152% Apr 2, 2016
Q4 2015 8.25 +3.88 +88.7% Jan 2, 2016
Q3 2015 6.31 +1.84 +41.2% Oct 3, 2015
Q2 2015 5.27 +1.11 +26.7% Jul 4, 2015
Q1 2015 4.33 +0.52 +13.7% Apr 4, 2015
Q4 2014 4.37 +0.95 +27.7% Jan 3, 2015
Q3 2014 4.46 +1.36 +43.9% Sep 27, 2014
Q2 2014 4.16 +1.15 +38.2% Jun 28, 2014
Q1 2014 3.81 +0.5 +15.1% Mar 29, 2014
Q4 2013 3.42 -0.14 -3.93% Dec 28, 2013
Q3 2013 3.1 -0.81 -20.7% Sep 28, 2013
Q2 2013 3.01 -1.69 -35.9% Jun 29, 2013
Q1 2013 3.3 -1.26 -27.6% Mar 30, 2013
Q4 2012 3.57 -1.48 -29.3% Dec 29, 2012
Q3 2012 3.91 -1.5 -27.7% Sep 29, 2012
Q2 2012 4.7 -0.43 -8.37% Jun 30, 2012
Q1 2012 4.57 -1.34 -22.7% Mar 31, 2012
Q4 2011 5.05 Dec 31, 2011
Q3 2011 5.41 Oct 1, 2011
Q2 2011 5.14 Jul 2, 2011
Q1 2011 5.91 Apr 2, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.