CDNS - Cadence Design Systems, Inc.
NASDAQ
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Technology
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Software—Application
San Jose,
United States
Type: Equity
CDNS price evolution
CDNS
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1058.95 | $1012.42 | $1008.15 | |
| Short term investments | ||||
| Net receivables | $612.26 | $564.85 | $389.87 | $489.22 |
| Inventory | $293.35 | $171.51 | $185.78 | $181.66 |
| Total current assets | $4099.92 | $2196.39 | $1929.93 | $1976.22 |
| Long term investments | ||||
| Property, plant & equipment | $448.65 | $449.42 | $433.02 | $403.21 |
| Goodwill & intangible assets | $3081.78 | $1909.75 | $1872.69 | |
| Total noncurrent assets | $5029.35 | $3792.2 | $3693.27 | |
| Total investments | ||||
| Total assets | $9167.03 | $7225.74 | $5722.13 | $5669.49 |
| Current liabilities | ||||
| Accounts payable | $627.2 | $505.39 | $456.61 | $576.56 |
| Deferred revenue | $767.42 | $746.63 | $763.96 | |
| Short long term debt | $349.73 | $349.51 | $349.29 | |
| Total current liabilities | $1674.99 | $1533.72 | $1465.74 | $1590.87 |
| Long term debt | $2475.23 | $998.93 | $299.81 | $299.77 |
| Total noncurrent liabilities | $1431.13 | $688.79 | $674.35 | |
| Total debt | $1348.67 | $649.31 | $649.06 | |
| Total liabilities | $4603.69 | $2964.85 | $2154.53 | $2265.22 |
| Shareholders' equity | ||||
| Retained earnings | $5651.66 | $5413.55 | $5184.03 | $4936.38 |
| Other shareholder equity | -$7.53 | -$109.18 | -$107.8 | -$94.75 |
| Total shareholder equity | $4260.89 | $3567.6 | $3404.27 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1008.15 | $882.33 | $1088.94 | $928.43 |
| Short term investments | $4.45 | |||
| Net receivables | $489.22 | $509.48 | $337.6 | $338.49 |
| Inventory | $181.66 | $128 | $115.72 | $75.96 |
| Total current assets | $1976.22 | $1706.77 | $1715.77 | $1478.59 |
| Long term investments | $132.23 | |||
| Property, plant & equipment | $403.21 | $541.83 | $305.91 | $311.13 |
| Goodwill & intangible assets | $1872.69 | $1728.88 | $1161.62 | $992.68 |
| Total noncurrent assets | $3693.27 | $3430.3 | $2670.53 | $2472.2 |
| Total investments | ||||
| Total assets | $5669.49 | $5137.07 | $4386.3 | $3950.78 |
| Current liabilities | ||||
| Accounts payable | $576.56 | $557.16 | $417.28 | $349.95 |
| Deferred revenue | $763.96 | $782.06 | $655.09 | $553.92 |
| Short long term debt | $349.29 | $100 | ||
| Total current liabilities | $1590.87 | $1347.7 | $971.23 | $796.81 |
| Long term debt | $299.77 | $648.08 | $347.59 | $346.79 |
| Total noncurrent liabilities | $674.35 | $1044.26 | $674.4 | $660.96 |
| Total debt | $649.06 | $748.08 | $347.59 | $346.79 |
| Total liabilities | $2265.22 | $2391.96 | $1645.62 | $1457.77 |
| Shareholders' equity | ||||
| Retained earnings | $4936.38 | $3895.24 | $3046.29 | $2350.33 |
| Other shareholder equity | -$94.75 | -$91.64 | -$33.31 | -$17.43 |
| Total shareholder equity | $3404.27 | $2745.11 | $2740.68 | $2493.02 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1215.5 | $1060.68 | $1009.1 | $1068.62 |
| Cost of revenue | $139.27 | $125.2 | $104.13 | |
| Gross Profit | $1052.45 | $921.41 | $883.91 | $964.49 |
| Operating activities | ||||
| Research & development | $370.74 | $378.96 | $367.44 | |
| Selling, general & administrative | $250.16 | $249.31 | $256.11 | |
| Total operating expenses | $676.86 | $627.53 | $633.95 | $627.97 |
| Operating income | $293.88 | $249.96 | $336.53 | |
| Income from continuing operations | ||||
| EBIT | $328.62 | $318.74 | $371.05 | |
| Income tax expense | $95.3 | $86.19 | $62.4 | $38.16 |
| Interest expense | -$16.36 | $12.9 | $8.69 | $8.99 |
| Net income | ||||
| Net income | $238.11 | $229.52 | $247.64 | $323.9 |
| Income (for common shares) | $229.52 | $247.64 | $323.9 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $4089.99 | $3561.72 | $2988.24 | $2682.89 |
| Cost of revenue | $435.04 | $371.62 | $307.01 | $305.5 |
| Gross Profit | $3654.95 | $3190.09 | $2681.24 | $2377.39 |
| Operating activities | ||||
| Research & development | $1441.8 | $1251.54 | $1134.28 | $1033.73 |
| Selling, general & administrative | $932.75 | $846.34 | $749.28 | $670.88 |
| Total operating expenses | $2403.72 | $2116.41 | $1902.15 | $1731.84 |
| Operating income | $1251.22 | $1073.69 | $779.09 | $645.55 |
| Income from continuing operations | ||||
| EBIT | $1318.11 | $1068.3 | $785.41 | $653.5 |
| Income tax expense | $240.78 | $196.41 | $72.48 | $42.1 |
| Interest expense | $36.19 | $22.93 | $16.98 | $20.75 |
| Net income | ||||
| Net income | $1041.14 | $848.95 | $695.96 | $590.64 |
| Income (for common shares) | $1041.14 | $848.95 | $695.96 | $590.64 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $229.52 | $247.64 | $323.9 | |
| Operating activities | ||||
| Depreciation | $47.15 | $38.64 | $41.64 | |
| Business acquisitions & disposals | -$649.37 | -$71.45 | -$34.39 | |
| Stock-based compensation | $87.57 | $88.13 | $86.68 | |
| Total cash flows from operations | $155.97 | $253.23 | $272.09 | |
| Investing activities | ||||
| Capital expenditures | -$29.2 | -$49.6 | -$33.7 | |
| Investments | $0.49 | $41.28 | -$30.42 | |
| Total cash flows from investing | -$797.11 | -$678.08 | -$79.77 | -$98.68 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$108.46 | -$8.28 | -$123.39 | |
| Net borrowings | $699.06 | |||
| Total cash flows from financing | $1750.38 | $574.82 | -$159.4 | -$137.6 |
| Effect of exchange rate | $5.42 | -$6.16 | -$9.79 | $10.36 |
| Change in cash and equivalents | $1777.89 | $46.54 | $4.27 | $46.17 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $1041.14 | $848.95 | $695.96 | $590.64 |
| Operating activities | ||||
| Depreciation | $145.74 | $135.43 | $130.7 | $150.14 |
| Business acquisitions & disposals | -$198.35 | -$613.78 | -$226.2 | -$197.56 |
| Stock-based compensation | $325.61 | $270.44 | $210.09 | $197.27 |
| Total cash flows from operations | $1349.18 | $1241.89 | $1100.96 | $904.92 |
| Investing activities | ||||
| Capital expenditures | -$102.34 | -$123.22 | -$65.3 | -$94.81 |
| Investments | -$111.39 | -$0.63 | $0.13 | $0.22 |
| Total cash flows from investing | -$412.25 | -$738.63 | -$292.95 | -$292.16 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$567.18 | -$944.76 | -$524.52 | -$305.26 |
| Net borrowings | -$100 | $399.57 | -$1.28 | |
| Total cash flows from financing | -$803.57 | -$657.05 | -$643.79 | -$415.29 |
| Effect of exchange rate | -$7.53 | -$52.83 | -$3.7 | $25.75 |
| Change in cash and equivalents | $125.83 | -$206.62 | $160.51 | $223.22 |
News
Fundamentals
| Market cap | $82.68B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 274.26M |
| Revenue | $4.35B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $1.04B |
| Revenue Q/Q | 18.81% |
| Revenue Y/Y | 11.03% |
| P/E ratio | 79.57 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 18.99 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $3.79 |
|---|---|
| ROA | 14.96% |
| ROE | N/A |
| Debt/Equity | 0.67 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 2.45 |
| Quick ratio | 2.27 |