Cadence Design Systems Inc financial data

Symbol
CDNS on Nasdaq
Location
2655 Seely Avenue Bldg 5, San Jose, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 163 % +18.2%
Quick Ratio 13.3 % +18.6%
Return On Equity 26.3 % -19.6%
Return On Assets 15 % -18.4%
Operating Margin 28.3 % -1.57%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 274M shares +0.81%
Common Stock, Shares, Outstanding 272M shares -0.36%
Entity Public Float 63.7B USD +55.5%
Weighted Average Number of Shares Outstanding, Basic 272M shares +1.12%
Weighted Average Number of Shares Outstanding, Diluted 274M shares +0.56%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.35B USD +11%
Research and Development Expense 407M USD +10.2%
Selling and Marketing Expense 737M USD +8.17%
General and Administrative Expense 279M USD +19.1%
Costs and Expenses 3.12B USD +11.7%
Operating Income (Loss) 1.23B USD +9.29%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.32B USD +16.9%
Income Tax Expense (Benefit) 282M USD +63.3%
Net Income (Loss) Attributable to Parent 1.04B USD +8.51%
Earnings Per Share, Basic 3.84 USD/shares +8.17%
Earnings Per Share, Diluted 3.81 USD/shares +8.55%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.79B USD +190%
Inventory, Net 293M USD +79.2%
Assets, Current 4.1B USD +125%
Deferred Income Tax Assets, Net 890M USD +1.73%
Property, Plant and Equipment, Net 449M USD +18.1%
Operating Lease, Right-of-Use Asset 151M USD -11.5%
Intangible Assets, Net (Excluding Goodwill) 662M USD +90.5%
Goodwill 2.49B USD +66.2%
Other Assets, Noncurrent 248M USD +33.5%
Assets 9.17B USD +68.8%
Employee-related Liabilities, Current 294M USD -0.17%
Contract with Customer, Liability, Current 698M USD +4.8%
Liabilities, Current 1.67B USD +32.5%
Contract with Customer, Liability, Noncurrent 102M USD +1.82%
Operating Lease, Liability, Noncurrent 115M USD -17.2%
Other Liabilities, Noncurrent 351M USD +15.5%
Common Stocks, Including Additional Paid in Capital 4.07B USD +32.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -13.9M USD +87.7%
Retained Earnings (Accumulated Deficit) 5.65B USD +22.5%
Stockholders' Equity Attributable to Parent 4.56B USD +46.5%
Liabilities and Equity 9.17B USD +68.8%

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 272M shares -0.36%
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 2.79B USD +190%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.9M USD -4.65%
Deferred Tax Assets, Valuation Allowance 79.2M USD +13%
Deferred Tax Assets, Gross 1.15B USD +5.42%
Operating Lease, Liability 157M USD -10.8%
Payments to Acquire Property, Plant, and Equipment 49.6M USD +85.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.14B USD +17.7%
Lessee, Operating Lease, Liability, to be Paid 177M USD -11.5%
Property, Plant and Equipment, Gross 1.24B USD +7.98%
Operating Lease, Liability, Current 41.6M USD +13.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 36.4M USD -8.17%
Lessee, Operating Lease, Liability, to be Paid, Year One 45.3M USD +9.92%
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 20.4M USD -16%
Lessee, Operating Lease, Liability, to be Paid, Year Three 27.1M USD -13.4%
Deferred Tax Assets, Operating Loss Carryforwards 9.6M USD -13.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 400K shares 0%
Unrecognized Tax Benefits 94.3M USD -25.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 16.8M USD -23.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 26.2M USD +44.7%
Depreciation, Depletion and Amortization 39.6M USD +15%
Deferred Tax Assets, Net of Valuation Allowance 1.07B USD +4.91%
Interest Expense 55.1M USD +51.8%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%