CADENCE DESIGN SYSTEMS INC Annual Return On Assets in % from 2011 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Cadence Design Systems Inc quarterly/annual Return On Assets history and growth rate from 2011 to 2023.
  • Cadence Design Systems Inc Return On Assets for the quarter ending September 30, 2024 was 15 %, a 18.4% decline year-over-year.
  • Cadence Design Systems Inc annual Return On Assets for 2023 was 19.4 %, a 7.94% increase from 2022.
  • Cadence Design Systems Inc annual Return On Assets for 2022 was 18 %, a 8.17% increase from 2021.
  • Cadence Design Systems Inc annual Return On Assets for 2021 was 16.7 %, a 11.7% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 19.4 +1.43 +7.94% Jan 1, 2023 Dec 31, 2023
2022 18 +1.36 +8.17% Jan 2, 2022 Dec 31, 2022
2021 16.7 +1.75 +11.7% Jan 3, 2021 Jan 1, 2022
2020 14.9 -20.5 -57.9% Dec 29, 2019 Jan 2, 2021
2019 35.4 +21.2 +150% Dec 30, 2018 Dec 28, 2019
2018 14.2 +5.29 +59.5% Dec 31, 2017 Dec 29, 2018
2017 8.89 +0.07 +0.79% Jan 1, 2017 Dec 30, 2017
2016 8.82 -1.15 -11.5% Jan 3, 2016 Dec 31, 2016
2015 9.98 +4.32 +76.3% Jan 4, 2015 Jan 2, 2016
2014 5.66 -0.99 -14.9% Dec 29, 2013 Jan 3, 2015
2013 6.65 -15.6 -70.1% Dec 30, 2012 Dec 28, 2013
2012 22.3 +18.3 +464% Jan 1, 2012 Dec 29, 2012
2011 3.95 Jan 2, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.