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[CDNS] Cadence Design Systems, Inc. - Interest Coverage Ratio
Data updated 2024-Mar-24 (Sunday)Note: Detailed Statistics for Interest Coverage Ratio in Income Statement for Cadence Design Systems, Inc. [NASDAQ:CDNS] with frequency distribution chart that analyze trends & history . Interest Coverage Ratio is a coverage metric calculated as EBIT / InterestRatio examines ability for company to service debt and manage financial hardship. View Income Statement for broader context
Share
Quarterly Interest Coverage Ratio values for Cadence Design Systems, Inc. are rounded to enhance readability
| 2023-Dec | 2023-Sep | 2023-Jun | 2023-Mar | 2022-Dec | 2022-Sep | |
|---|---|---|---|---|---|---|
| Interest Coverage Ratio | - | 61 | 299 | 162 | - | 29 |
| Sequential Quarter Growth | -79.6% | +85.1% | +2.5% | |||
| Quarter-on Quarter Growth | +110.3% | +956.5% | +355.7% | -23.4% |
Annual Interest Coverage Ratio values for Cadence Design Systems, Inc. are rounded to enhance readability
| 2023-Dec | 2022-Dec | 2022-Jan | 2021-Jan | 2020-Jan | 2019-Jan | |
|---|---|---|---|---|---|---|
| Interest Coverage Ratio | - | 37 | 7.49 | 77.8 | 27.4 | 23.8 |
| Year-on-Year Growth | +394.4% | -90.4% | +184.1% | +15.0% | +81.3% | |
| 2-yr CAGR | -31.0% | -47.7% | +80.8% | +44.4% | +103.7% | |
| 3-yr CAGR | +10.6% | -32.0% | +81.0% | +68.3% | +37.5% | |
| 4-yr CAGR | +11.7% | -13.1% | +91.9% | +31.5% | +47.1% | |
| 5-yr CAGR | +23.0% | +5.5% | +53.4% | +40.1% | +43.9% |
Frequency distribution of quarterly Interest Coverage Ratio values from 2009-Jun-30 grouped into buckets. Latest Interest Coverage Ratio value is as of 2023-Dec-31
Subsequent stock performance post earnings date till next announcement for Cadence Design Systems, Inc. mapped with quarterly Interest Coverage Ratio values reported at that time. Most recent value denoted with star
Select frequency and calculation type for Interest Coverage Ratio above for vertical axis in scatter chart. Additionally choose type of performance for horizontal axis
Bayesian (Conditional Probability) analysis for Cadence Design Systems, Inc. with subsequent post-earnings performance given Interest Coverage Ratio values. Analysis uses quarterly data and subsequent absolute performance. Most recent quarter is denoted with a star and corresponding partial performance is excluded from calculations
| Underperform (absolute perf.) | Outperform (absolute perf.) | |
|---|---|---|
| Interest Coverage Ratio - Low | 62% | 38% |
| Interest Coverage Ratio - Medium | 54% | 46% |
| Interest Coverage Ratio - High | 36% | 64% |
| Interest Coverage Ratio (Sequential growth %) - Low | 54% | 46% |
| Interest Coverage Ratio (Sequential growth %) - Medium | 57% | 43% |
| Interest Coverage Ratio (Sequential growth %) - High | 51% | 49% |
| Interest Coverage Ratio (QoQ growth %) - Low | 51% | 49% |
| Interest Coverage Ratio (QoQ growth %) - Medium | 45% | 55% |
| Interest Coverage Ratio (QoQ growth %) - High | 57% | 43% |
Related to Cadence Design Systems, Inc.
Information for Cadence Design Systems, Inc.
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Historical Detail : Historical performance & related information using Time Machine
Financial Statements : Analyze Income Statement, Balance Sheet & Cashflow Statement and also compare with peers Currently Viewing
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SEC Reports : Quarterly reports around 2024-Nov-26 on SEC Edgar
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