Cadence Design Systems Inc (CDNS)

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

Cadence Design Systems Inc has consistently maintained a debt-to-equity ratio of 0.00 across the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has been entirely funded by equity capital during this period and has not utilized debt financing to support its operations or expansion. A debt-to-equity ratio of 0.00 typically suggests that the company is not relying on external borrowing to finance its activities, which may indicate a conservative financial strategy and a strong financial position. It may also imply lower financial risk as the absence of debt means lower interest payments and potential financial obligations.


See also:

Cadence Design Systems Inc Debt to Equity (Quarterly Data)