Analysis of Debt
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- Common-Size Income Statement
- Analysis of Reportable Segments
- Enterprise Value (EV)
- Price to FCFE (P/FCFE)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Price to Book Value (P/BV) since 2005
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Total Debt (Carrying Amount)
Synopsys Inc., balance sheet: debt
US$ in thousands
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|
| Short-term debt | |||||||
| Long-term debt | |||||||
| Total debt (carrying amount) |
Based on: 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31).
- Short-term debt
- The short-term debt showed a significant increase from 17,614 thousand US dollars in 2019 to 27,084 thousand in 2020. This was followed by a substantial rise to 74,992 thousand in 2021. However, no data is reported for the years 2022 through 2024, suggesting either no short-term debt was incurred or the data is unavailable for these periods.
- Long-term debt
- Long-term debt exhibited a declining trend over the examined period. It decreased from 120,093 thousand in 2019 to 100,823 thousand in 2020, continuing to fall sharply to 25,094 thousand in 2021. This downward trend persisted more gradually in the subsequent years, with amounts of 20,824 thousand in 2022, 18,078 thousand in 2023, and 15,601 thousand in 2024. This pattern indicates a consistent reduction in long-term leverage.
- Total debt (carrying amount)
- Total debt mirrored the changes predominantly driven by the long-term debt segment due to missing short-term debt data in later years. The total debt decreased from 137,707 thousand in 2019 to 127,907 thousand in 2020, then further dropped to 100,086 thousand in 2021. A notable sharp decline occurred in 2022 to 20,824 thousand, with continued reductions in 2023 (18,078 thousand) and 2024 (15,601 thousand). The trend suggests an overall strengthening of the balance sheet by lowering total debt obligations.
- Overall analysis
- Between 2019 and 2021, the company experienced increased short-term borrowing alongside a marked reduction in long-term debt, which collectively resulted in a modest decline in total debt. From 2022 onwards, the absence of reported short-term debt and the ongoing decrease in long-term debt culminated in a significant reduction of total debt levels. This indicates a strategic shift towards deleveraging or improved liquidity management. The reduction of debt over time generally reflects a decreasing reliance on external borrowing, potentially strengthening the financial stability of the company.
Total Debt (Fair Value)
| Oct 31, 2024 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Short-term debt | |
| Long-term debt | |
| Total debt (fair value) | |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | |
Based on: 10-K (reporting date: 2024-10-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt:
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| Total | |||
Based on: 10-K (reporting date: 2024-10-31).
1 US$ in thousands
2 Weighted-average interest rate = 100 × ÷ =