Cadence Design Systems Inc (CDNS)

Exchange
NASDAQ
Symbol
CDNS
Sector
Technology
Industry
Services-prepackaged Software
Description
Cadence Design Systems, Inc., headquartered in San Jose, California, is an American multinational computational software company. The company produces software, hardware and silicon structures for designing integrated circuits, systems on chips (SoCs) and printed circuit boards.
Country
USA

Stock price

At close: July 5, 2024

  • Open
    315.37
  • High
    322.28
  • Low
    313.60
  • Close
    321.11
  • Volume
    1,126,300

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
5.59
Receivables turnover
8.28
Payables turnover
—
Working capital turnover
10.51
Days of inventory on hand (DOH)
65.33
Days of sales outstanding (DSO)
44.10
Number of days of payables
—
Fixed asset turnover
10.04
Total asset turnover
0.71
 Liquidity ratios
Current ratio
1.24
Quick ratio
1.02
Cash ratio
0.72
Cash conversion cycle
109.43
 Solvency ratios
Debt-to-assets ratio
0.05
Debt-to-capital ratio
0.08
Debt-to-equity ratio
0.09
Financial leverage ratio
1.67
Interest coverage
36.43
 Profitability ratios
Gross profit margin
74.94%
Operating profit margin
30.90%
Pretax margin
31.66%
Net profit margin
25.71%
Operating return on assets (Operating ROA)
22.07%
Return on assets (ROA)
18.36%
Return on total capital
35.59%
Return on equity (ROE)
30.58%