Cadence Design Systems Current Ratio 2010-2025 | CDNS
- Cadence Design Systems average current ratio for 2024 was 2.03, a 48.18% increase from 2023.
- Cadence Design Systems average current ratio for 2023 was 1.37, a 8.67% increase from 2022.
- Cadence Design Systems average current ratio for 2022 was 1.5, a 11.24% decline from 2021.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.