Cadence Design Systems Debt/Equity Ratio 2010-2024 | CDNS
- Cadence Design Systems average debt/equity ratio for 2023 was 0.19, a 0% increase from 2022.
- Cadence Design Systems average debt/equity ratio for 2022 was 0.19, a 35.71% decline from 2021.
- Cadence Design Systems average debt/equity ratio for 2021 was 0.14, a 6.67% increase from 2020.
Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.