Synopsys Financials

SNPS Stock  USD 565.07  7.13  1.28%   
Based on the key indicators related to Synopsys' liquidity, profitability, solvency, and operating efficiency, Synopsys is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in December. At this time, Synopsys' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 8.3 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 146 M in 2024. Key indicators impacting Synopsys' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.20.19
Notably Up
Slightly volatile
Return On Assets0.07590.14
Way Down
Pretty Stable
Return On Equity0.120.23
Way Down
Pretty Stable
Debt Equity Ratio0.00320.0034
Notably Down
Slightly volatile
Operating Income1.5 B1.5 B
Sufficiently Up
Slightly volatile
Current Ratio1.721.32
Significantly Up
Very volatile
The essential information of the day-to-day investment outlook for Synopsys includes many different criteria found on its balance sheet. An individual investor should monitor Synopsys' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Synopsys.

Net Income

1.49 Billion

  
Understanding current and past Synopsys Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Synopsys' financial statements are interrelated, with each one affecting the others. For example, an increase in Synopsys' assets may result in an increase in income on the income statement.

Synopsys Earnings Geography

Please note, the imprecision that can be found in Synopsys' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Synopsys. Check Synopsys' Beneish M Score to see the likelihood of Synopsys' management manipulating its earnings.

Synopsys Stock Summary

Synopsys competes with Zscaler, Palo Alto, Crowdstrike Holdings, Okta, and Cloudflare. Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company was incorporated in 1986 and is headquartered in Mountain View, California. Synopsys operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 16361 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8716071076
CUSIP871607107
LocationCalifornia; U.S.A
Business Address675 Almanor Avenue,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.synopsys.com
Phone650 584 5000
CurrencyUSD - US Dollar

Synopsys Key Financial Ratios

Synopsys Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.8B9.4B10.3B11.9B12.5B
Other Current Liab576.1M640.1M828.8M741.1M852.3M894.9M
Net Debt(572.2M)(766.1M)(761.2M)(751.1M)(676.0M)(709.8M)
Retained Earnings3.8B4.5B5.5B6.7B7.8B8.1B
Accounts Payable30.0M27.4M37.6M155.9M179.3M197.9M
Cash1.2B1.4B1.4B1.4B1.7B1.7B
Net Receivables995.3M568.5M796.1M947.0M1.1B1.1B
Other Current Assets125.9M430.0M439.1M567.5M652.6M685.3M
Total Liab3.1B3.5B3.9B4.1B4.8B5.0B
Total Current Assets2.5B2.8B3.0B3.4B3.9B4.1B
Short Term Debt173.4M234.3M108.5M85.7M98.5M91.1M
Intangible Assets254.3M279.1M386.4M374.2M430.3M324.9M
Good Will3.4B3.6B3.8B4.1B4.7B4.9B
Common Stock1.5M1.5M1.5M1.5M1.7M1.5M
Other Liab443.7M414.5M527.7M482.3M554.6M280.2M
Other Assets775.2M898.6M1.1B1.1B1.3B1.4B
Long Term Debt100.8M25.1M20.8M18.1M20.8M19.8M
Treasury Stock(597.7M)(625.6M)(488.6M)(782.9M)(704.6M)(669.4M)
Inventory192.3M229.0M211.9M325.6M374.4M393.1M
Net Tangible Assets632.5M1.3B1.4B1.3B1.5B1.6B

Synopsys Key Income Statement Accounts

The reason investors look at the income statement is to determine what Synopsys' 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.
201920202021202220232024 (projected)
Interest Expense5.1M3.4M1.7M1.2M1.1M1.0M
Total Revenue3.7B4.2B5.1B5.8B6.7B7.1B
Gross Profit2.9B3.3B4.0B4.6B5.3B5.6B
Operating Income620.1M734.8M1.2B1.3B1.5B1.5B
Ebit643.3M808.9M1.1B1.3B1.5B1.6B
Ebitda857.4M1.1B1.4B1.6B1.9B2.0B
Cost Of Revenue794.7M861.8M1.1B1.2B1.4B1.5B
Income Before Tax638.2M805.5M1.1B1.3B1.5B1.6B
Net Income664.3M757.5M984.6M1.2B1.4B1.5B
Income Tax Expense(25.3M)49.2M137.1M83.7M96.2M101.0M
Research Development1.3B1.5B1.7B1.9B2.2B2.4B
Non Recurring47.2M36.1M33.4M12.1M13.9M26.7M
Minority Interest(900K)1.2M6.2M11.8M13.5M14.2M
Tax Provision(25.3M)49.2M137.1M83.7M75.3M49.2M
Interest Income3.6M2.4M8.5M36.7M42.2M44.3M
Net Interest Income(1.6M)(923K)6.8M35.5M40.8M42.9M

Synopsys Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash507.4M197.2M(15.3M)21.3M24.5M44.4M
Free Cash Flow832.6M1.4B1.6B1.5B1.7B1.8B
Depreciation210.0M203.7M228.4M247.1M284.2M298.4M
Other Non Cash Items168.4M184.6M169.3M213.1M245.1M257.3M
Capital Expenditures158.8M95.7M139.1M191.8M220.6M231.6M
Net Income664.3M757.5M978.4M1.2B1.4B1.5B
End Period Cash Flow1.2B1.4B1.4B1.4B1.7B1.7B
Change To Netincome84.1M163.4M336.6M512.2M589.0M618.5M
Change To Inventory(55.0M)(48.0M)1.3M(123.8M)(111.4M)(105.8M)
Investments(611K)(156.5M)(572.6M)(482.1M)(433.9M)(412.2M)
Change Receivables(8.6M)(236.8M)201.7M(251.4M)(226.3M)(214.9M)
Net Borrowings(331.2M)(12.4M)(28.1M)(76.8M)(69.2M)(65.7M)

Synopsys Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Synopsys's current stock value. Our valuation model uses many indicators to compare Synopsys value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Synopsys competition to find correlations between indicators driving Synopsys's intrinsic value. More Info.
Synopsys is rated fourth in return on equity category among its peers. It is rated second 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 Synopsys is roughly  2.53 . At this time, Synopsys' 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 Synopsys 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.

Synopsys Systematic Risk

Synopsys' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Synopsys 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Synopsys correlated with the market. If Beta is less than 0 Synopsys generally moves in the opposite direction as compared to the market. If Synopsys Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Synopsys is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Synopsys is generally in the same direction as the market. If Beta > 1 Synopsys moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Synopsys Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Synopsys' 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 Synopsys growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.16

At this time, Synopsys' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Synopsys November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Synopsys help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Synopsys. We use our internally-developed statistical techniques to arrive at the intrinsic value of Synopsys based on widely used predictive technical indicators. In general, we focus on analyzing Synopsys Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Synopsys's daily price indicators and compare them against related drivers.

Additional Tools for Synopsys Stock Analysis

When running Synopsys' price analysis, check to measure Synopsys' 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 Synopsys is operating at the current time. Most of Synopsys' value examination focuses on studying past and present price action to predict the probability of Synopsys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synopsys' price. Additionally, you may evaluate how the addition of Synopsys to your portfolios can decrease your overall portfolio volatility.