CADENCE DESIGN SYSTEMS INC Quarterly Quick Ratio in % from Q1 2011 to Q2 2024

Taxonomy & unit
ratio: %
Description
The acid-test ratio, also called the quick ratio, is a metric used to see if a company is positioned to sell assets within 90 days to meet immediate expenses.
Summary
Cadence Design Systems Inc quarterly Quick Ratio history and growth rate from Q1 2011 to Q2 2024.
  • Cadence Design Systems Inc Quick Ratio for the quarter ending June 30, 2024 was 12 %, a 17.4% increase year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 12 +1.78 +17.4% Jun 30, 2024
Q1 2024 12.2 +2.29 +23.2% Mar 31, 2024
Q4 2023 11.7 +1.75 +17.6% Dec 31, 2023
Q3 2023 11.2 +0.65 +6.16% Sep 30, 2023
Q2 2023 10.2 -0.95 -8.5% Jun 30, 2023
Q1 2023 9.86 -1.24 -11.2% Mar 31, 2023
Q4 2022 9.96 -0.73 -6.83% Dec 31, 2022
Q3 2022 10.6 +0.49 +4.87% Oct 1, 2022
Q2 2022 11.2 +3.17 +39.6% Jul 2, 2022
Q1 2022 11.1 +4.76 +75.1% Apr 2, 2022
Q4 2021 10.7 +5.08 +90.7% Jan 1, 2022
Q3 2021 10.1 +4.8 +91.1% Oct 2, 2021
Q2 2021 8.01 +1.44 +21.9% Jul 3, 2021
Q1 2021 6.33 -1.64 -20.6% Apr 3, 2021
Q4 2020 5.6 -2.66 -32.2% Jan 2, 2021
Q3 2020 5.27 -1.8 -25.5% Sep 26, 2020
Q2 2020 6.57 +0.73 +12.5% Jun 27, 2020
Q1 2020 7.98 +3.44 +75.9% Mar 28, 2020
Q4 2019 8.26 +4.34 +110% Dec 28, 2019
Q3 2019 7.07 +2.88 +68.7% Sep 28, 2019
Q2 2019 5.84 +1.43 +32.4% Jun 29, 2019
Q1 2019 4.53 -0.57 -11.2% Mar 30, 2019
Q4 2018 3.93 -1.85 -32% Dec 29, 2018
Q3 2018 4.19 -2.01 -32.4% Sep 29, 2018
Q2 2018 4.41 -3.03 -40.7% Jun 30, 2018
Q1 2018 5.1 -3.61 -41.4% Mar 31, 2018
Q4 2017 5.77 -4.12 -41.6% Dec 30, 2017
Q3 2017 6.2 -4.7 -43.1% Sep 30, 2017
Q2 2017 7.45 -3.25 -30.4% Jul 1, 2017
Q1 2017 8.71 -2.18 -20% Apr 1, 2017
Q4 2016 9.89 +1.64 +19.9% Dec 31, 2016
Q3 2016 10.9 +4.59 +72.7% Oct 1, 2016
Q2 2016 10.7 +5.43 +103% Jul 2, 2016
Q1 2016 10.9 +6.57 +152% Apr 2, 2016
Q4 2015 8.25 +3.88 +88.7% Jan 2, 2016
Q3 2015 6.31 +1.84 +41.2% Oct 3, 2015
Q2 2015 5.27 +1.11 +26.7% Jul 4, 2015
Q1 2015 4.33 +0.52 +13.7% Apr 4, 2015
Q4 2014 4.37 +0.95 +27.7% Jan 3, 2015
Q3 2014 4.46 +1.36 +43.9% Sep 27, 2014
Q2 2014 4.16 +1.15 +38.2% Jun 28, 2014
Q1 2014 3.81 +0.5 +15.1% Mar 29, 2014
Q4 2013 3.42 -0.14 -3.93% Dec 28, 2013
Q3 2013 3.1 -0.81 -20.7% Sep 28, 2013
Q2 2013 3.01 -1.69 -35.9% Jun 29, 2013
Q1 2013 3.3 -1.26 -27.6% Mar 30, 2013
Q4 2012 3.57 -1.48 -29.3% Dec 29, 2012
Q3 2012 3.91 -1.5 -27.7% Sep 29, 2012
Q2 2012 4.7 -0.43 -8.37% Jun 30, 2012
Q1 2012 4.57 -1.34 -22.7% Mar 31, 2012
Q4 2011 5.05 Dec 31, 2011
Q3 2011 5.41 Oct 1, 2011
Q2 2011 5.14 Jul 2, 2011
Q1 2011 5.91 Apr 2, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.