Cadence Design Systems Inc financial data

Symbol
CDNS on Nasdaq
Industry
Services-Prepackaged Software
Location
2655 Seely Avenue Bldg 5, San Jose, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 21, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 203 % +48.4%
Quick Ratio 15 % +28.4%
Return On Equity 24.7 % -26.5%
Return On Assets 13.6 % -30.2%
Operating Margin 29.1 % -4.87%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 274M shares +0.69%
Common Stock, Shares, Outstanding 274M shares +0.79%
Entity Public Float 84.3B USD +32.2%
Weighted Average Number of Shares Outstanding, Basic 271M shares +0.68%
Weighted Average Number of Shares Outstanding, Diluted 274M shares +0.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.64B USD +13.5%
Research and Development Expense 407M USD +10.2%
Selling and Marketing Expense 757M USD +9.73%
General and Administrative Expense 282M USD +16.4%
Costs and Expenses 3.29B USD +15.9%
Operating Income (Loss) 1.35B USD +7.96%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.4B USD +8.89%
Income Tax Expense (Benefit) 340M USD +41.3%
Net Income (Loss) Attributable to Parent 1.06B USD +1.38%
Earnings Per Share, Basic 3.89 USD/shares +0.78%
Earnings Per Share, Diluted 3.85 USD/shares +0.79%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.64B USD +162%
Inventory, Net 258M USD +41.9%
Assets, Current 4.02B USD +103%
Deferred Income Tax Assets, Net 982M USD +11.6%
Property, Plant and Equipment, Net 458M USD +13.6%
Operating Lease, Right-of-Use Asset 146M USD -3.06%
Intangible Assets, Net (Excluding Goodwill) 595M USD +76.6%
Goodwill 2.38B USD +54.9%
Other Assets, Noncurrent 274M USD +10.6%
Assets 8.97B USD +58.3%
Employee-related Liabilities, Current 335M USD +14%
Contract with Customer, Liability, Current 698M USD +4.8%
Liabilities, Current 1.37B USD -13.9%
Contract with Customer, Liability, Noncurrent 102M USD +1.82%
Operating Lease, Liability, Noncurrent 109M USD -5.6%
Other Liabilities, Noncurrent 339M USD +23.1%
Common Stocks, Including Additional Paid in Capital 4.18B USD +32%
Accumulated Other Comprehensive Income (Loss), Net of Tax -190M USD -101%
Retained Earnings (Accumulated Deficit) 5.99B USD +21.4%
Stockholders' Equity Attributable to Parent 4.67B USD +37.3%
Liabilities and Equity 8.97B USD +58.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 253M USD -5.3%
Net Cash Provided by (Used in) Financing Activities -159M USD +19.2%
Net Cash Provided by (Used in) Investing Activities -79.8M USD -124%
Common Stock, Shares Authorized 600M shares 0%
Common Stock, Shares, Issued 274M shares +0.79%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.27M USD -87.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.64B USD +162%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.9M USD -4.65%
Deferred Tax Assets, Valuation Allowance 90.6M USD +14.5%
Deferred Tax Assets, Gross 1.28B USD +11.3%
Operating Lease, Liability 150M USD -4.16%
Payments to Acquire Property, Plant, and Equipment 49.6M USD +85.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 960M USD -7.54%
Lessee, Operating Lease, Liability, to be Paid 169M USD -4.53%
Property, Plant and Equipment, Gross 1.37B USD +10.9%
Operating Lease, Liability, Current 41.6M USD -0.16%
Lessee, Operating Lease, Liability, to be Paid, Year Two 36.8M USD +0.87%
Lessee, Operating Lease, Liability, to be Paid, Year One 45.5M USD +0.34%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -1.52M USD +86.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18.9M USD -7.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 23.2M USD -14.3%
Deferred Tax Assets, Operating Loss Carryforwards 9.78M USD +1.91%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 400K shares 0%
Unrecognized Tax Benefits 107M USD +13.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 19M USD +13.5%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 30.4M USD +67.2%
Depreciation, Depletion and Amortization 39.6M USD +15%
Deferred Tax Assets, Net of Valuation Allowance 1.19B USD +11%
Interest Expense 76M USD +110%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%