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: November 6, 2024
-
Open298.00
-
High305.00
-
Low293.60
-
Close296.75
-
Volume2,756,860
Financial ratios
Dec 31, 2023
Activity ratios
Liquidity ratios
Solvency ratios
Profitability 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
Current ratio
1.24
Quick ratio
1.02
Cash ratio
0.72
Cash conversion cycle
109.43
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
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%