Cadence Historical Financial Ratios
| CDNS Stock | USD 312.39 0.52 0.17% |
Cadence Design is presently reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 7.0E-4, PTB Ratio of 22.63 or Days Sales Outstanding of 80.8 will help investors to properly organize and evaluate Cadence Design Systems financial condition quickly.
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About Cadence Financial Ratios Analysis
Cadence Design SystemsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Cadence Design investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Cadence financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Cadence Design history.
Cadence Design Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Cadence Design Systems stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cadence Design sales, a figure that is much harder to manipulate than other Cadence Design Systems multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Cadence Design Systems dividend as a percentage of Cadence Design stock price. Cadence Design Systems dividend yield is a measure of Cadence Design stock productivity, which can be interpreted as interest rate earned on an Cadence Design investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from Cadence Design's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Cadence Design Systems current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cadence Design Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Cadence Design's ROIC is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 4.06 in 2024, whereas Free Cash Flow Yield is likely to drop 0.02 in 2024.
| 2023 | 2024 (projected) | Dividend Yield | 7.16E-4 | 6.8E-4 | Price To Sales Ratio | 17.94 | 18.84 |
Cadence Design fundamentals Correlations
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Cadence Design Account Relationship Matchups
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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.