Cadence Design Systems Inc (CDNS)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 6,043,680 4,563,340 4,260,890 3,567,600 3,404,270 3,113,890 2,908,460 2,940,880 2,745,110 2,708,130 2,625,230 2,760,180 2,740,680 2,631,260 2,516,740 2,542,430 2,493,020 2,395,720 2,256,630 2,157,990
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $6,043,680K)
= 0.00

The debt-to-capital ratio of Cadence Design Systems Inc has consistently been 0.00 throughout the reported periods from March 2020 to December 2024. This indicates that the company has not utilized debt to finance its operations or investments, resulting in a capital structure that is entirely equity-funded. A debt-to-capital ratio of 0.00 signifies a low financial risk as there is no debt contributing to the company's capital. Cadence Design Systems Inc's financial stability can be considered strong based on this metric, as it suggests a conservative approach to funding and a lower risk of financial distress due to debt obligations.


See also:

Cadence Design Systems Inc Debt to Capital (Quarterly Data)