Cadence Net Tangible Assets from 2010 to 2024

CDNS Stock  USD 306.51  2.50  0.82%   
Cadence Design Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 1.1 B in 2024. Net Tangible Assets is the total assets of Cadence Design Systems minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
1.1 B
Current Value
1.3 B
Quarterly Volatility
577.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cadence Design financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cadence Design's main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.5 M, Interest Expense of 38 M or Selling General Administrative of 152.6 M, as well as many indicators such as Price To Sales Ratio of 18.84, Dividend Yield of 7.0E-4 or PTB Ratio of 22.63. Cadence financial statements analysis is a perfect complement when working with Cadence Design Valuation or Volatility modules.
  
Check out the analysis of Cadence Design Correlation against competitors.

Latest Cadence Design's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Cadence Design Systems over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Cadence Design's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cadence Design's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Cadence Net Tangible Assets Regression Statistics

Arithmetic Mean1,058,763,430
Coefficient Of Variation53.66
Mean Deviation416,543,944
Median1,156,105,000
Standard Deviation568,085,658
Sample Variance322721.3T
Range2.2B
R-Value0.62
Mean Square Error214692.2T
R-Squared0.38
Significance0.01
Slope78,537,975
Total Sum of Squares4518098.4T

Cadence Net Tangible Assets History

20241.1 B
20231.2 B
2022B
20211.6 B
20201.5 B
20192.1 B
20181.3 B

About Cadence Design Financial Statements

Cadence Design shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Cadence Design investors may analyze each financial statement separately, they are all interrelated. The changes in Cadence Design's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cadence Design's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets1.2 B1.1 B

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Additional Tools for Cadence Stock Analysis

When running Cadence Design's 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 the 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.