Stock Analysis on Net
Stock Analysis on Net

Cadence Design Systems Inc. (NASDAQ:CDNS)

This company has been moved to the archive! The financial data has not been updated since July 24, 2023.

Common-Size Balance Sheet: Assets 

Cadence Design Systems Inc., common-size consolidated balance sheet: assets

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 28, 2019 Dec 29, 2018
Cash and cash equivalents 17.18 24.83 23.50 21.01 21.60
Receivables, net 9.47 7.70 8.57 9.07 12.03
Inventories 2.49 2.64 1.92 1.66 1.14
Prepaid income taxes 1.35 1.95 1.40 0.00 0.00
Other prepaid expenses and other assets 2.73 2.01 2.03 3.09 3.75
Prepaid expenses and other 4.08% 3.96% 3.44% 3.09% 3.75%
Current assets 33.22% 39.12% 37.43% 34.83% 38.53%
Property, plant and equipment, net 7.23 6.97 7.88 8.22 10.23
Goodwill 26.75 21.16 19.80 19.71 26.83
Acquired intangibles, net 6.90 5.32 5.33 5.13 9.13
Deferred taxes 16.62 17.41 18.54 21.81 6.27
Non-marketable investments 2.34 2.91 3.35 4.12 4.81
ROU lease assets 3.32 2.97 3.38 2.99 0.00
Other long-term assets 3.62 4.14 4.32 3.18 4.20
Other assets 9.27% 10.01% 11.04% 10.29% 9.01%
Long-term assets 66.78% 60.88% 62.57% 65.17% 61.47%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2018-12-29).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Cadence Design Systems Inc. current assets as a percentage of total assets increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Cadence Design Systems Inc. property, plant and equipment, net as a percentage of total assets decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Cadence Design Systems Inc. long-term assets as a percentage of total assets decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.