Total Debt (Carrying Amount)
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28).
Debt item | Description | The company |
---|---|---|
Total outstanding debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Cadence Design Systems Inc. total debt increased from 2021 to 2022 but then slightly decreased from 2022 to 2023. |
Total Debt (Fair Value)
Dec 31, 2023 | |
---|---|
Selected Financial Data (US$ in thousands) | |
Revolving Credit Facility | —) |
2024 Notes | 347,200) |
2025 Term Loan | 299,771) |
Total outstanding debt (fair value) | 646,971) |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 1.00 |
Based on: 10-K (reporting date: 2023-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 5.22%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
4.38% | 349,285) | 15,281) | |
6.21% | 299,771) | 18,616) | |
Total | 649,056) | 33,897) | |
5.22% |
Based on: 10-K (reporting date: 2023-12-31).
1 US$ in thousands
2 Weighted-average interest rate = 100 × 33,897 ÷ 649,056 = 5.22%