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Year on year Cadence Design Systems Inc grew revenues 14.83% from 3.56bn to 4.09bn while net income improved 22.64% from 848.95m to 1.04bn.
Gross margin | 87.79% |
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Net profit margin | 23.87% |
Operating margin | 28.26% |
Return on assets | 14.24% |
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Return on equity | 27.07% |
Return on investment | 17.83% |
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Cash flow in USDView more
In 2023, Cadence Design Systems Inc increased its cash reserves by 14.26%, or 125.83m. The company earned 1.35bn from its operations for a Cash Flow Margin of 32.99%. In addition the company used 412.25m on investing activities and also paid 803.57m in financing cash flows.
Cash flow per share | 4.46 |
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Price/Cash flow per share | 68.91 |
Book value per share | 16.64 |
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Tangible book value per share | 5.13 |
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Balance sheet in USDView more
Current ratio | 2.45 |
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Quick ratio | 2.27 |
Total debt/total equity | 0.6191 |
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Total debt/total capital | 0.3824 |
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Growth rates in USD
Year on year, growth in earnings per share excluding extraordinary items increased 23.66%. Additionally, five year annualized earnings per share growth is in-line with the industry average relative to its peers.
EPS growth(5 years) | 25.53 |
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EPS (TTM) vs TTM 1 year ago | 8.36 |