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STOCKS

Cadence Design Systems (CDNS)

NASDAQ:CDNS

CDNS

Cadence Design

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CDNS Statistics

Cadence Design (CDNS) Ratios

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2,979 Followers

Cadence Design Ratios

CDNS's free cash flow for Q4 2024 was $0.95. For the 2024 fiscal year, CDNS's free cash flow was decreased by $ and operating cash flow was $0.34. See a summary of the company’s cash flow.

Ratios	TTM	Dec 24	Dec 23	Dec 22	Mar 22
Liquidity Ratios
Current Ratio	2.93	1.24	1.27	1.77	1.86
Quick Ratio	2.74	1.13	1.17	1.65	1.76
Cash Ratio	1.93	0.63	0.65	1.12	1.17
Solvency Ratio	0.29	0.52	0.41	0.51	0.51
Operating Cash Flow Ratio	0.92	0.85	0.92	1.13	1.14
Short-Term Operating Cash Flow Coverage	0.00	3.86	12.42	0.00	0.00
Net Current Asset Value	$ -284.82M	$ -289.00M	$ -685.19M	$ 70.14M	$ 20.82M
Leverage Ratios
Debt-to-Assets Ratio	0.28	0.14	0.15	0.08	0.09
Debt-to-Equity Ratio	0.53	0.24	0.27	0.13	0.14
Debt-to-Capital Ratio	0.35	0.19	0.21	0.11	0.12
Long-Term Debt-to-Capital Ratio	0.35	0.08	0.19	0.11	0.12
Financial Leverage Ratio	1.92	1.67	1.87	1.60	1.58
Debt Service Coverage Ratio	17.45	3.06	8.17	50.37	36.49
Interest Coverage Ratio	17.77	34.58	46.82	45.88	31.11
Debt to Market Cap	0.03	<0.01	0.02	<0.01	<0.01
Interest Debt Per Share	9.41	3.13	2.84	1.33	1.34
Net Debt to EBITDA	-0.10	-0.14	-0.11	-0.80	-0.73
Profitability Margins
Gross Profit Margin	95.46%	89.36%	89.57%	89.73%	88.61%
EBIT Margin	31.71%	31.16%	29.99%	26.28%	24.36%
EBITDA Margin	35.91%	34.71%	33.70%	31.05%	29.79%
Operating Profit Margin	29.10%	30.59%	30.15%	26.07%	24.06%
Pretax Profit Margin	30.07%	31.34%	29.35%	25.72%	23.58%
Net Profit Margin	22.74%	25.46%	23.84%	23.29%	22.02%
Continuous Operations Profit Margin	22.74%	25.46%	23.84%	23.29%	22.02%
Net Income Per EBT	75.62%	81.22%	81.21%	90.57%	93.35%
EBT Per EBIT	103.34%	102.45%	97.36%	98.63%	98.02%
Return on Assets (ROA)	11.76%	18.36%	16.53%	15.87%	14.95%
Return on Equity (ROE)	22.58%	30.58%	30.93%	25.39%	23.69%
Return on Capital Employed (ROCE)	17.76%	30.68%	28.33%	22.81%	20.47%
Return on Invested Capital (ROIC)	13.43%	22.74%	22.42%	20.66%	19.11%
Return on Tangible Assets	17.59%	27.42%	24.91%	21.58%	19.97%
Earnings Yield	1.30%	1.42%	1.95%	1.37%	1.58%
Efficiency Ratios
Receivables Turnover	6.82	8.07	7.32	8.68	7.93
Payables Turnover	37.97	4.77	7.89	0.00	0.00
Inventory Turnover	0.82	2.39	2.90	2.65	4.02
Fixed Asset Turnover	7.68	7.38	9.59	9.77	8.62
Asset Turnover	0.52	0.72	0.69	0.68	0.68
Working Capital Turnover Ratio	3.06	10.99	6.45	4.19	4.55
Cash Conversion Cycle	489.91	121.13	129.33	179.65	136.80
Days of Sales Outstanding	53.51	45.23	49.88	42.07	46.05
Days of Inventory Outstanding	446.01	152.41	125.72	137.58	90.75
Days of Payables Outstanding	9.61	76.51	46.27	0.00	0.00
Operating Cycle	499.52	197.64	175.60	179.65	136.80
Cash Flow Ratios
Operating Cash Flow Per Share	4.65	5.01	4.58	4.03	3.31
Free Cash Flow Per Share	4.12	4.63	4.12	3.78	2.96
CapEx Per Share	0.53	0.38	0.46	0.24	0.35
Free Cash Flow to Operating Cash Flow	0.89	0.92	0.90	0.94	0.90
Dividend Paid and CapEx Coverage Ratio	8.84	13.16	10.00	16.46	9.54
Capital Expenditure Coverage Ratio	8.84	13.16	10.00	16.46	9.54
Operating Cash Flow Coverage Ratio	0.51	1.67	1.66	3.17	2.61
Operating Cash Flow to Sales Ratio	0.27	0.33	0.35	0.37	0.34
Free Cash Flow Yield	1.37%	1.70%	2.57%	2.03%	2.17%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	77.20	70.47	51.32	73.23	63.23
Price-to-Sales (P/S) Ratio	17.56	17.94	12.23	17.06	13.92
Price-to-Book (P/B) Ratio	17.44	21.55	15.87	18.60	14.98
Price-to-Free Cash Flow (P/FCF) Ratio	72.89	58.85	38.98	49.29	46.10
Price-to-Operating Cash Flow Ratio	64.65	54.38	35.08	46.29	41.27
Price-to-Earnings Growth (PEG) Ratio	99.34	3.02	2.21	4.16	-1.57
Price-to-Fair Value	17.44	21.55	15.87	18.60	14.98
Enterprise Value Multiple	48.79	51.54	36.18	54.14	46.00
EV to EBITDA	48.79	51.54	36.18	54.14	46.00
EV to Sales	17.52	17.89	12.19	16.81	13.70
EV to Free Cash Flow	72.74	58.69	38.86	48.57	45.38
EV to Operating Cash Flow	64.51	54.23	34.97	45.62	40.63
Tangible Book Value Per Share	6.27	5.69	3.75	5.77	5.48
Shareholders’ Equity Per Share	17.23	12.64	10.12	10.02	9.11
Tax and Other Ratios
Effective Tax Rate	0.24	0.19	0.19	0.09	0.07
Revenue Per Share	17.11	15.18	13.13	10.93	9.80
Net Income Per Share	3.89	3.86	3.13	2.54	2.16
Tax Burden	0.76	0.81	0.81	0.91	0.93
Interest Burden	0.95	1.01	0.98	0.98	0.97
Research & Development to Revenue	0.33	0.35	0.35	0.38	0.39
SG&A to Revenue	0.06	0.06	0.07	0.06	0.06
Stock-Based Compensation to Revenue	0.08	0.08	0.08	0.07	0.07
Income Quality	1.19	1.30	1.46	1.58	1.53

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