Based on the analysis of Cadence Design's profitability, liquidity, and operating efficiency, Cadence Design Systems is performing exceptionally good at the present time. It has a great chance to report excellent financial results in December. At this time, Cadence Design's Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 1.2 B in 2024, whereas Net Debt is likely to drop (212.2 M) in 2024. Key indicators impacting Cadence Design's financial strength include:
Investors should never underestimate Cadence Design's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cadence Design's cash flow, debt, and profitability to make informed and accurate decisions about investing in Cadence Design Systems.
Net Income
1.09 Billion
Cadence
Select Account or Indicator
Market Cap
Enterprise Value
Price To Sales Ratio
Dividend Yield
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Sales General And Administrative To Revenue
Research And Ddevelopement To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Payout Ratio
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Dividend Payout Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Sale Purchase Of Stock
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Cashflows From Financing Activities
Depreciation
Other Non Cash Items
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Change To Account Receivables
Stock Based Compensation
Change To Inventory
Change To Liabilities
Investments
Change Receivables
Net Borrowings
Total Cashflows From Investing Activities
Exchange Rate Changes
Cash And Cash Equivalents Changes
Cash Flows Other Operating
Other Cashflows From Investing Activities
Change To Netincome
Change To Operating Activities
Issuance Of Capital Stock
Total Assets
Short Long Term Debt Total
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Retained Earnings
Cash
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Net Receivables
Common Stock Shares Outstanding
Liabilities And Stockholders Equity
Non Current Liabilities Total
Other Current Assets
Other Stockholder Equity
Total Liab
Property Plant And Equipment Gross
Total Current Assets
Accumulated Other Comprehensive Income
Short Term Debt
Accounts Payable
Inventory
Intangible Assets
Common Stock
Current Deferred Revenue
Common Stock Total Equity
Short Term Investments
Other Liab
Other Assets
Long Term Debt
Treasury Stock
Property Plant Equipment
Good Will
Net Tangible Assets
Retained Earnings Total Equity
Long Term Debt Total
Deferred Long Term Liab
Non Current Liabilities Other
Short Long Term Debt
Net Invested Capital
Long Term Investments
Net Working Capital
Capital Stock
Capital Lease Obligations
Depreciation And Amortization
Interest Expense
Selling General Administrative
Total Revenue
Gross Profit
Other Operating Expenses
Operating Income
Ebit
Ebitda
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Income Tax Expense
Research Development
Net Income Applicable To Common Shares
Selling And Marketing Expenses
Net Income From Continuing Ops
Non Recurring
Non Operating Income Net Other
Tax Provision
Interest Income
Net Interest Income
Reconciled Depreciation
Probability Of Bankruptcy
Understanding current and past Cadence Design Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cadence Design's financial statements are interrelated, with each one affecting the others. For example, an increase in Cadence Design's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cadence Design's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cadence Design Systems. Check Cadence Design's Beneish M Score to see the likelihood of Cadence Design's management manipulating its earnings.
Cadence Design Stock Summary
Cadence Design competes with Workday, Salesforce, Intuit, Snowflake, and Atlassian Corp. 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.
The reason investors look at the income statement is to determine what Cadence Design's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Cadence Design's current stock value. Our valuation model uses many indicators to compare Cadence Design value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cadence Design competition to find correlations between indicators driving Cadence Design's intrinsic value. More Info.
Cadence Design Systems is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cadence Design Systems is roughly 2.49 . At this time, Cadence Design's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cadence Design by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Cadence Design Systems Systematic Risk
Cadence Design's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cadence Design volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Cadence Design Systems correlated with the market. If Beta is less than 0 Cadence Design generally moves in the opposite direction as compared to the market. If Cadence Design Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cadence Design Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cadence Design is generally in the same direction as the market. If Beta > 1 Cadence Design moves generally in the same direction as, but more than the movement of the benchmark.
Cadence Design Thematic Clasifications
Cadence Design Systems is part of several thematic ideas from Software to Data Storage. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Cadence Design Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cadence Design's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cadence Design growth as a starting point in their analysis.
Cadence Design November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cadence Design help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cadence Design Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cadence Design Systems based on widely used predictive technical indicators. In general, we focus on analyzing Cadence Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cadence Design's daily price indicators and compare them against related drivers.
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.