Cadence Design Systems Inc (CDNS) — Financial Flexibility Index

Latest as of June 2026: 0.13x

Cadence Design Systems Inc (CDNS) has a Financial Flexibility Index of 0.13x as of June 2026. Free cash flow of $687.56 Million (operating CF $634.93 Million minus capex $52.63 Million) represents 0% of total liabilities ($5.22 Billion). Check CDNS capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

$687.56 Million
Operating CF − Capex

Total Liabilities

$5.22 Billion
USD

Capital Expenditures

$52.63 Million
USD

Cadence Design Systems Inc Financial Flexibility Index (1986–2025)

Historical Financial Flexibility Index trend for Cadence Design Systems Inc across 40 annual periods. For the full cash flow conversion analysis, see CDNS cash flow conversion.

Annual Financial Flexibility Index for Cadence Design Systems Inc (1986–2025)

Year-by-year free cash flow to debt coverage for Cadence Design Systems Inc. Explore CDNS operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.40x $1.87 Billion $1.73 Billion $4.68 Billion ▲ +22.6%
2024 0.33x $1.40 Billion $1.26 Billion $4.30 Billion ▼ -49.1%
2023 0.64x $1.45 Billion $1.35 Billion $2.27 Billion ▲ +12.2%
2022 0.57x $1.37 Billion $1.24 Billion $2.39 Billion ▼ -19.5%
2021 0.71x $1.17 Billion $1.10 Billion $1.65 Billion ▲ +3.5%
2020 0.69x $999.74 Million $904.92 Million $1.46 Billion ▲ +7.0%
2019 0.64x $804.21 Million $729.60 Million $1.25 Billion ▲ +13.6%
2018 0.56x $666.25 Million $604.75 Million $1.18 Billion ▲ +52.6%
2017 0.37x $528.64 Million $470.74 Million $1.43 Billion ▲ +0.5%
2016 0.37x $498.59 Million $444.88 Million $1.36 Billion ▼ -15.2%
2015 0.43x $423.01 Million $378.20 Million $974.90 Million ▲ +128.3%
2014 0.19x $356.53 Million $316.72 Million $1.88 Billion ▼ -41.4%
2013 0.32x $412.53 Million $367.61 Million $1.27 Billion ▲ +26.4%
2012 0.26x $351.96 Million $315.99 Million $1.37 Billion ▲ +27.5%
2011 0.20x $271.76 Million $240.34 Million $1.35 Billion ▲ +20.4%
2010 0.17x $236.63 Million $199.14 Million $1.42 Billion ▲ +221.5%
2009 0.05x $67.72 Million $25.64 Million $1.30 Billion ▼ -51.8%
2008 0.11x $169.96 Million $70.29 Million $1.58 Billion ▼ -60.3%
2007 0.27x $486.23 Million $402.44 Million $1.79 Billion ▼ -4.8%
2006 0.29x $497.26 Million $421.22 Million $1.74 Billion ▼ -10.8%
2005 0.32x $497.94 Million $426.28 Million $1.56 Billion ▼ -5.0%
2004 0.34x $434.30 Million $372.52 Million $1.29 Billion ▲ +65.2%
2003 0.20x $253.88 Million $171.00 Million $1.25 Billion ▼ -66.8%
2002 0.61x $477.91 Million $350.20 Million $778.96 Million ▼ -7.8%
2001 0.67x $405.22 Million $250.91 Million $608.68 Million ▲ +41.6%
2000 0.47x $261.57 Million $142.10 Million $556.24 Million ▼ -6.3%
1999 0.50x $237.67 Million $127.22 Million $473.47 Million ▼ -23.7%
1998 0.66x $360.50 Million $246.07 Million $548.10 Million ▼ -32.9%
1997 0.98x $290.79 Million $198.36 Million $296.63 Million ▲ +13.2%
1996 0.87x $237.40 Million $175.31 Million $274.25 Million ▼ -12.5%
1995 0.99x $225.43 Million $197.10 Million $227.79 Million ▲ +7.9%
1994 0.92x $169.63 Million $154.44 Million $184.99 Million ▲ +11.0%
1993 0.83x $110.00 Million $90.70 Million $133.20 Million ▲ +35.0%
1992 0.61x $73.90 Million $42.50 Million $120.80 Million ▼ -12.9%
1991 0.70x $105.60 Million $76.00 Million $150.40 Million ▼ -28.7%
1990 0.98x $74.20 Million $52.00 Million $75.40 Million ▲ +22.1%
1989 0.81x $44.50 Million $38.30 Million $55.20 Million ▼ -40.3%
1988 1.35x $31.60 Million $22.50 Million $23.40 Million ▲ +18.0%
1987 1.14x $10.30 Million $4.70 Million $9.00 Million ▲ +2172.5%
1986 0.05x $700.00K $-2.70 Million $13.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities