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Cadence Design Systems (Cadence Design Systems) Scaled Net Operating Assets : 0.57 (As of Mar. 2024)


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What is Cadence Design Systems Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cadence Design Systems's operating assets for the quarter that ended in Mar. 2024 was $4,710 Mil. Cadence Design Systems's operating liabilities for the quarter that ended in Mar. 2024 was $1,505 Mil. Cadence Design Systems's Total Assets for the quarter that ended in Dec. 2023 was $5,669 Mil. Therefore, Cadence Design Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.57.


Cadence Design Systems Scaled Net Operating Assets Historical Data

The historical data trend for Cadence Design Systems's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cadence Design Systems Scaled Net Operating Assets Chart

Cadence Design Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.60 0.53 0.63 0.59

Cadence Design Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.52 0.54 0.56 0.57

Competitive Comparison of Cadence Design Systems's Scaled Net Operating Assets

For the Software - Application subindustry, Cadence Design Systems's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cadence Design Systems's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Cadence Design Systems's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cadence Design Systems's Scaled Net Operating Assets falls into.



Cadence Design Systems Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cadence Design Systems's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(4530.98-1500.806)/5137.071
=0.59

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5669.491 - 1138.511
=4530.98

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2265.22 - 415.129 - 349.285
=1500.806

Cadence Design Systems's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(4709.712-1505.222)/5669.491
=0.57

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5722.13 - 1012.418
=4709.712

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2154.534 - 299.805 - 349.507
=1505.222

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cadence Design Systems Scaled Net Operating Assets Related Terms

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Cadence Design Systems (Cadence Design Systems) Business Description

Traded in Other Exchanges
Address
2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Executives
John M Wall officer: Sr. VP & CFO 2655 SEELY AVENUE, SAN JOSE CA 95134
Vincentelli Alberto Sangiovanni director
Karna Nisewaner officer: Corporate VP, General Counsel 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Paul Cunningham officer: Sr. Vice President 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Aneel Zaman officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Anirudh Devgan officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Chin-chi Teng officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Mark Adams director 834 TERRACE DRIVE, LOS ALTOS CA 94024
James D Plummer director 233 KANSAS STREET, EL SEGUNDO CA 90245
Thomas P Beckley officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Young Sohn director 1390 KIFER ROAD, SUNNYVALE CA 94086
John B Shoven director
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
Surendra Babu Mandava officer: Sr. Vice President 47211 LAKEVIEW BLVD, FREMONT CA 94538