Cadence Financial Statements From 2010 to 2022

CDNS -  USA Stock  

USD 146.60  2.77  1.93%

Cadence Design financial statements provide useful quarterly and yearly information to potential Cadence Design Sys investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cadence Design financial statements helps investors assess Cadence Design's valuation, profitability, and current liquidity needs.
There are over one hundred seven available fundamental signals for Cadence Design Sys, which can be analyzed over time and compared to other ratios. Please make sure to validate Cadence Design's prevailing fundamental performance against the performance between 2010 and 2022 to make sure the trends are evolving in the right direction.
As of 05/23/2022, Net Income Per Employee is likely to grow to about 31.9 K, while Revenue Per Employee is likely to drop slightly above 242.6 K.
  
Refresh
Check Cadence Design financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cadence main balance sheet or income statement drivers, such as Direct Expenses of 229.7 M, Consolidated Income of 473.2 M or Cost of Revenue of 296.6 M, as well as many exotic indicators such as Interest Coverage of 13.62, Long Term Debt to Equity of 0.94 or Calculated Tax Rate of 15.5. Cadence financial statements analysis is a perfect complement when working with Cadence Design Valuation or Volatility modules. It can also supplement various Cadence Design Technical models. Continue to the analysis of Cadence Design Correlation against competitors.

Cadence Design Revenues

2.53 Billion

Share

Cadence Design Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.4 B4.4 B3.9 B
Increasing
Stable
Cash and Equivalents818 M1.1 B982.6 M
Increasing
Very volatile
Investments2.8 M2.8 M38.2 M
Decreasing
Slightly volatile
Investments Current2.8 M2.8 M38.2 M
Decreasing
Slightly volatile
Deferred Revenue535.8 M655.1 M604.9 M
Increasing
Very volatile
Property Plant and Equipment Net286.6 M305.9 M295.9 M
Increasing
Very volatile
Inventory81.7 M115.7 M101.7 M
Increasing
Stable
Tax Assets483.5 M763.8 M742.2 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables267.2 M337.6 M304.7 M
Increasing
Stable
Trade and Non Trade Payables345.7 M417.3 M378.8 M
Increasing
Stable
Goodwill and Intangible AssetsB1.2 B1.1 B
Increasing
Stable
Total Liabilities1.6 B1.6 B1.6 B
Increasing
Stable
Shareholders Equity1.8 B2.7 B2.3 B
Increasing
Stable
Accumulated Retained Earnings Deficit1.7 BB2.4 B
Increasing
Stable
Accumulated Other Comprehensive Income(30.8 M)(33.3 M)(26 M)
Decreasing
Slightly volatile
Current Assets1.3 B1.7 B1.6 B
Increasing
Very volatile
Assets Non Current2.1 B2.7 B2.4 B
Increasing
Stable
Current Liabilities819.4 M971.2 M933.3 M
Decreasing
Stable
Liabilities Non Current760 M674.4 M662.2 M
Increasing
Slightly volatile
Total Debt547.9 M347.6 M395.6 M
Increasing
Stable
Debt Current46.2 M45 M165.8 M
Decreasing
Slightly volatile
Debt Non Current521.6 M347.6 M367.1 M
Increasing
Slightly volatile
Shareholders Equity USD1.8 B2.7 B2.3 B
Increasing
Stable
Cash and Equivalents USD818 M1.1 B982.6 M
Increasing
Very volatile
Total Debt USD547.9 M347.6 M395.6 M
Increasing
Stable
Accounts PayableM3.9 M10.8 M
Decreasing
Slightly volatile
Receivables164.7 M157.2 M219 M
Increasing
Slightly volatile
Inventories39.7 M39.5 M56.3 M
Increasing
Stable

Cadence Design Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues2.5 BB2.7 B
Increasing
Stable
Cost of Revenue296.6 M307 M293.7 M
Increasing
Slightly volatile
Selling General and Administrative Expense668.2 M749.3 M699.8 M
Increasing
Stable
Research and Development Expense984 M1.1 BB
Increasing
Stable
Operating Expenses1.7 B1.9 B1.8 B
Increasing
Stable
Interest Expense21.4 M17 M19.8 M
Decreasing
Stable
Income Tax Expense56.1 M72.5 M64.5 M
Increasing
Stable
Consolidated Income473.2 M696 M592.9 M
Increasing
Stable
Net Income473.2 M696 M592.9 M
Increasing
Stable
Net Income Common Stock473.2 M696 M592.9 M
Increasing
Stable
Weighted Average Shares293.7 M273.5 M275.2 M
Increasing
Slightly volatile
Weighted Average Shares Diluted300.1 M278.9 M280.8 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT550.7 M785.4 M677.2 M
Increasing
Stable
Revenues USD2.5 BB2.7 B
Increasing
Stable
Net Income Common Stock USD473.2 M696 M592.9 M
Increasing
Stable
Earning Before Interest and Taxes USD550.7 M785.4 M677.2 M
Increasing
Stable
Gross Profit2.2 B2.7 B2.4 B
Increasing
Stable
Operating Income538.9 M779.1 M668.9 M
Increasing
Stable
Direct Expenses229.7 M256.5 M251.5 M
Increasing
Slightly volatile

Cadence Design Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals50.5 M128 K12.8 M
Increasing
Stable
Issuance Repayment of Debt Securities 183.2 M(1.3 M)28.4 M
Increasing
Slightly volatile
Issuance Purchase of Equity Shares(752.3 M)(524.5 M)(529.4 M)
Decreasing
Slightly volatile
Net Cash Flow from Investing(153.5 M)(293 M)(241.4 M)
Decreasing
Very volatile
Net Cash Flow from Operations813.6 M1.1 B962.2 M
Increasing
Stable
Effect of Exchange Rate Changes on Cash (4.6 M)(3.7 M)(3.2 M)
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents4.8 M160.5 M115.6 M
Decreasing
Very volatile
Share Based Compensation168.1 M210.1 M186.3 M
Increasing
Stable
Depreciation Amortization and Accretion131.7 M130.7 M126.9 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.712.542.1608
Increasing
Stable
Earnings per Diluted Share1.682.52.1272
Increasing
Stable
Earnings per Basic Share USD1.712.542.1608
Increasing
Stable
Return on Average Equity0.250.2670.2557
Increasing
Stable
Return on Average Assets0.130.1660.1478
Increasing
Stable
Return on Invested Capital0.410.5140.47
Increasing
Stable
Gross Margin0.920.8970.8911
Increasing
Slightly volatile
Profit Margin0.180.2330.2066
Increasing
Stable
EBITDA Margin0.270.3070.2885
Increasing
Stable
Return on Sales0.210.2630.2389
Increasing
Stable
Asset Turnover0.790.7150.72
Increasing
Slightly volatile
Enterprise Value over EBITDA39.5255.64748.2466
Increasing
Stable
Enterprise Value over EBIT48.9565.057.4575
Increasing
Stable
Price to Earnings Ratio57.3173.36666.5391
Increasing
Stable
Sales per Share9.1110.9269.9314
Increasing
Stable
Price to Sales Ratio11.0617.05614.458
Increasing
Stable
Price to Book Value15.0518.84416.9328
Increasing
Stable
Debt to Equity Ratio1.280.60.9531
Decreasing
Stable
Current Ratio1.561.7671.6522
Increasing
Stable
Free Cash Flow per Share2.723.7873.2892
Increasing
Stable
Book Value per Share6.6510.0218.5402
Increasing
Stable
Tangible Assets Book Value per Share8.5511.7910.4758
Increasing
Very volatile
Total Assets Per Share7.647.54019.4392
Increasing
Slightly volatile
Cash Flow Per Share1.461.59971.8581
Increasing
Slightly volatile
Return on Investment13.615.499216.4148
Increasing
Slightly volatile
Operating Margin12.213.485116.144
Increasing
Slightly volatile
Calculated Tax Rate15.514.3659.4985
Increasing
Very volatile
Receivables Turnover9.9111.31039.53
Increasing
Stable
Inventory Turnover5.095.33044.6814
Increasing
Slightly volatile
PPandE Turnover6.827.79567.3467
Increasing
Slightly volatile
Cash and Equivalents Turnover2.863.36642.6916
Increasing
Slightly volatile
Accounts Payable Turnover141111148
Decreasing
Very volatile
Accrued Expenses Turnover7.868.70097.8914
Increasing
Slightly volatile
Interest Coverage13.6211.800819.0969
Increasing
Slightly volatile
Long Term Debt to Equity0.940.86750.4643
Decreasing
Very volatile
Quick Ratio1.061.06811.3779
Increasing
Very volatile
Net Current Assets as percentage of Total Assets5.75.554513.2304
Decreasing
Very volatile
Revenue to Assets0.740.86610.7137
Increasing
Slightly volatile

Cadence Design Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax529.3 M768.4 M657.4 M
Increasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization EBITDA682.4 M916.1 M804.2 M
Increasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USD682.4 M916.1 M804.2 M
Increasing
Stable
Market Capitalization31 B51.6 B42.9 B
Increasing
Stable
Enterprise Value30.7 B51 B42.4 B
Increasing
Stable
Invested Capital1.3 B1.5 B1.3 B
Increasing
Stable
Average Equity1.9 B2.6 B2.3 B
Increasing
Stable
Average Assets3.4 B4.2 B3.8 B
Increasing
Stable
Invested Capital Average1.3 B1.5 B1.4 B
Increasing
Stable
Tangible Asset Value2.4 B3.2 B2.9 B
Increasing
Very volatile
Free Cash Flow751.4 MB900.7 M
Increasing
Stable
Working Capital453.2 M744.5 M620.3 M
Increasing
Stable
Revenue Per Employee242.6 K256.5 K263.4 K
Increasing
Slightly volatile
Net Income Per Employee31.9 K28.7 K42.1 K
Increasing
Slightly volatile

Cadence Fundamental Market Drivers

Forward Price Earnings32.47
Short Percent Of Float1.67%
Average Daily Volume Last 10 Day1.58M
Shares Short Prior Month2.89M
Average Daily Volume In Three Month1.84M
Date Short Interest29th of April 2022
Fifty Day Average152.62
Two Hundred Day Average160.81

Cadence Upcoming Events

Upcoming Quarterly Report22nd of February 2022
Next Financial Report25th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Cadence Design Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cadence Design income statement, its balance sheet, and the statement of cash flows. Cadence Design investors use historical funamental indicators, such as Cadence Design's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cadence Design investors may use each financial statement separately, they are all related. The changes in Cadence Design's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cadence Design's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cadence Design Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cadence Design. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue655.1 M535.8 M
Cost of Revenue307 M296.6 M
RevenuesB2.5 B
Revenue to Assets 0.87  0.74 
Revenue Per Employee256.5 K242.6 K
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California. Cadence Design operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 9300 people.

Cadence Design Investors Sentiment

The influence of Cadence Design's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cadence. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Cadence Design Implied Volatility

    
  43.11  
Cadence Design's implied volatility exposes the market's sentiment of Cadence Design Sys stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cadence Design's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cadence Design stock will not fluctuate a lot when Cadence Design's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cadence Design in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cadence Design's short interest history, or implied volatility extrapolated from Cadence Design options trading.

Current Sentiment - CDNS

Cadence Design Sys Investor Sentiment

Most of Macroaxis users are currently bullish on Cadence Design Sys. What is your opinion about investing in Cadence Design Sys? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Pair Trading with Cadence Design

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cadence Design position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cadence Design will appreciate offsetting losses from the drop in the long position's value.

Cadence Design Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Cadence Design could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadence Design when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cadence Design - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cadence Design Sys to buy it.
The correlation of Cadence Design is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cadence Design moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadence Design Sys moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cadence Design can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Cadence Design Correlation against competitors. Note that the Cadence Design Sys information on this page should be used as a complementary analysis to other Cadence Design's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Cadence Stock analysis

When running Cadence Design Sys price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Is Cadence Design's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadence Design. If investors know Cadence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadence Design listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cadence Design Sys is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Design's value that differs from its market value or its book value, called intrinsic value, which is Cadence Design's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadence Design's market value can be influenced by many factors that don't directly affect Cadence Design's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadence Design's value and its price as these two are different measures arrived at by different means. Investors typically determine Cadence Design value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Design's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.