Cadence Design Systems Stock Net Asset

CDNS Stock

USD 258.70 4.82 1.90%

Cadence Design Systems fundamentals help investors to digest information that contributes to Cadence Design's financial success or failures. It also enables traders to predict the movement of Cadence Stock. The fundamental analysis module provides a way to measure Cadence Design's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cadence Design stock.

Short Long Term Debt Total Total Assets

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Cadence Design Systems Company Net Asset Analysis

Cadence Design's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

Current Market Value

-

Current Liabilities

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Current Cadence Design Net Asset

8.97 B

Most of Cadence Design's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cadence Design Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cadence Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Cadence Design is extremely important. It helps to project a fair market value of Cadence Stock properly, considering its historical fundamentals such as Net Asset. Since Cadence Design's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cadence Design's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cadence Design's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Current Deferred Revenue	Short Term Investments	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock
Total Assets		0.98	-0.19	0.92	0.92	0.97	0.97	0.54	0.13	0.74	0.97	0.93	0.58	0.87	-0.81	0.25	0.94	0.36	0.47	0.48	0.1	0.85	0.67	0.87	0.88
Total Stockholder Equity	0.98		-0.31	0.96	0.91	0.9	0.91	0.43	0.12	0.68	0.94	0.93	0.53	0.8	-0.86	0.34	0.92	0.46	0.45	0.54	0.04	0.85	0.77	0.82	0.87
Net Debt	-0.19	-0.31		-0.2	-0.16	-0.04	-0.18	0.06	0.37	0.03	-0.18	-0.24	-0.01	0.13	0.19	-0.11	0.0	-0.52	0.44	-0.34	0.03	-0.16	-0.46	-0.07	-0.09
Retained Earnings	0.92	0.96	-0.2		0.91	0.83	0.81	0.32	0.2	0.57	0.87	0.92	0.41	0.76	-0.94	0.54	0.95	0.34	0.56	0.66	-0.04	0.87	0.81	0.76	0.89
Net Receivables	0.92	0.91	-0.16	0.91		0.88	0.85	0.42	0.16	0.61	0.92	0.94	0.36	0.79	-0.86	0.36	0.88	0.26	0.39	0.56	0.0	0.82	0.75	0.77	0.84
Total Liab	0.97	0.9	-0.04	0.83	0.88		0.98	0.65	0.14	0.78	0.95	0.88	0.61	0.91	-0.7	0.12	0.9	0.22	0.47	0.37	0.17	0.8	0.5	0.89	0.83
Total Current Assets	0.97	0.91	-0.18	0.81	0.85	0.98		0.68	0.07	0.75	0.93	0.84	0.68	0.89	-0.65	0.1	0.88	0.27	0.35	0.37	0.26	0.79	0.52	0.91	0.82
Short Term Debt	0.54	0.43	0.06	0.32	0.42	0.65	0.68		0.36	0.52	0.55	0.44	0.8	0.45	-0.16	-0.09	0.43	-0.19	0.11	-0.01	0.66	0.41	0.01	0.51	0.48
Accounts Payable	0.13	0.12	0.37	0.2	0.16	0.14	0.07	0.36		0.32	0.17	0.27	0.45	-0.05	-0.27	0.32	0.22	-0.25	0.42	-0.12	0.41	0.16	-0.04	-0.14	0.29
Intangible Assets	0.74	0.68	0.03	0.57	0.61	0.78	0.75	0.52	0.32		0.78	0.69	0.58	0.66	-0.52	0.03	0.65	0.35	0.59	0.15	0.13	0.73	0.28	0.57	0.74
Common Stock	0.97	0.94	-0.18	0.87	0.92	0.95	0.93	0.55	0.17	0.78		0.95	0.55	0.82	-0.79	0.13	0.86	0.4	0.45	0.38	0.04	0.79	0.65	0.79	0.82
Current Deferred Revenue	0.93	0.93	-0.24	0.92	0.94	0.88	0.84	0.44	0.27	0.69	0.95		0.41	0.7	-0.92	0.38	0.86	0.34	0.49	0.54	-0.04	0.81	0.74	0.68	0.85
Short Term Investments	0.58	0.53	-0.01	0.41	0.36	0.61	0.68	0.8	0.45	0.58	0.55	0.41		0.5	-0.19	-0.05	0.55	0.03	0.23	-0.11	0.76	0.47	0.03	0.57	0.54
Long Term Debt	0.87	0.8	0.13	0.76	0.79	0.91	0.89	0.45	-0.05	0.66	0.82	0.7	0.5		-0.59	0.06	0.89	0.17	0.49	0.32	0.08	0.74	0.41	0.95	0.75
Treasury Stock	-0.81	-0.86	0.19	-0.94	-0.86	-0.7	-0.65	-0.16	-0.27	-0.52	-0.79	-0.92	-0.19	-0.59		-0.62	-0.82	-0.34	-0.61	-0.69	0.25	-0.79	-0.85	-0.54	-0.82
Property Plant Equipment	0.25	0.34	-0.11	0.54	0.36	0.12	0.1	-0.09	0.32	0.03	0.13	0.38	-0.05	0.06	-0.62		0.42	-0.16	0.42	0.78	-0.03	0.55	0.51	0.1	0.55
Good Will	0.94	0.92	0.0	0.95	0.88	0.9	0.88	0.43	0.22	0.65	0.86	0.86	0.55	0.89	-0.82	0.42		0.2	0.6	0.52	0.12	0.86	0.63	0.87	0.9
Net Tangible Assets	0.36	0.46	-0.52	0.34	0.26	0.22	0.27	-0.19	-0.25	0.35	0.4	0.34	0.03	0.17	-0.34	-0.16	0.2		0.05	0.04	-0.41	0.22	0.57	0.15	0.15
Long Term Debt Total	0.47	0.45	0.44	0.56	0.39	0.47	0.35	0.11	0.42	0.59	0.45	0.49	0.23	0.49	-0.61	0.42	0.6	0.05		0.34	-0.22	0.59	0.25	0.33	0.63
Deferred Long Term Liab	0.48	0.54	-0.34	0.66	0.56	0.37	0.37	-0.01	-0.12	0.15	0.38	0.54	-0.11	0.32	-0.69	0.78	0.52	0.04	0.34		-0.22	0.67	0.63	0.4	0.63
Short Long Term Debt	0.1	0.04	0.03	-0.04	0.0	0.17	0.26	0.66	0.41	0.13	0.04	-0.04	0.76	0.08	0.25	-0.03	0.12	-0.41	-0.22	-0.22		0.1	-0.34	0.22	0.17
Net Invested Capital	0.85	0.85	-0.16	0.87	0.82	0.8	0.79	0.41	0.16	0.73	0.79	0.81	0.47	0.74	-0.79	0.55	0.86	0.22	0.59	0.67	0.1		0.64	0.76	0.99
Long Term Investments	0.67	0.77	-0.46	0.81	0.75	0.5	0.52	0.01	-0.04	0.28	0.65	0.74	0.03	0.41	-0.85	0.51	0.63	0.57	0.25	0.63	-0.34	0.64		0.43	0.62
Net Working Capital	0.87	0.82	-0.07	0.76	0.77	0.89	0.91	0.51	-0.14	0.57	0.79	0.68	0.57	0.95	-0.54	0.1	0.87	0.15	0.33	0.4	0.22	0.76	0.43		0.76
Capital Stock	0.88	0.87	-0.09	0.89	0.84	0.83	0.82	0.48	0.29	0.74	0.82	0.85	0.54	0.75	-0.82	0.55	0.9	0.15	0.63	0.63	0.17	0.99	0.62	0.76

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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

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Cadence Total Assets

Total Assets

9.42 Billion

At this time, Cadence Design's Total Assets are comparatively stable compared to the past year.

Based on the recorded statements, Cadence Design Systems has a Net Asset of 8.97 B. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The net asset for all United States stocks is notably lower than that of the firm.

Cadence Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cadence Design's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cadence Design could also be used in its relative valuation, which is a method of valuing Cadence Design by comparing valuation metrics of similar companies.

Cadence Design is currently under evaluation in net asset category among its peers.

Cadence Design ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cadence Design's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cadence Design's managers, analysts, and investors.

Environmental

Governance

Social

Cadence Design Institutional Holders

Institutional Holdings refers to the ownership stake in Cadence Design that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cadence Design's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cadence Design's value.

		Shares
Morgan Stanley - Brokerage Accounts	2024-12-31	3.7 M
Northern Trust Corp	2024-12-31	3 M
Brown Advisory Holdings Inc	2024-12-31	3 M
T. Rowe Price Associates, Inc.	2024-12-31	2.9 M
Nordea Investment Mgmt Bank Demark A/s	2024-12-31	2.9 M
Jpmorgan Chase & Co	2024-12-31	2.8 M
Van Eck Associates Corporation	2024-12-31	2.7 M
Mackenzie Investments	2024-12-31	2.6 M
Hhg Plc	2024-12-31	2.5 M
Blackrock Inc	2024-12-31	30 M
Vanguard Group Inc	2024-12-31	25.9 M

Cadence Fundamentals

	Return On Equity	0.26
	Return On Asset	0.12
	Profit Margin	0.23 %
	Operating Margin	0.34 %
	Current Valuation	69.39 B
	Shares Outstanding	274.11 M
	Shares Owned By Insiders	0.79 %
	Shares Owned By Institutions	92.05 %
	Number Of Shares Shorted	4.29 M
	Price To Earning	58.71 X
	Price To Book	14.89 X
	Price To Sales	14.99 X
	Revenue	4.64 B
	Gross Profit	3.99 B
	EBITDA	1.67 B
	Net Income	1.06 B
	Cash And Equivalents	1.03 B
	Cash Per Share	3.74 X
	Total Debt	2.48 B
	Debt To Equity	0.29 %
	Current Ratio	1.33 X
	Book Value Per Share	17.07 X
	Cash Flow From Operations	1.26 B
	Short Ratio	1.86 X
	Earnings Per Share	3.86 X
	Price To Earnings To Growth	2.67 X
	Target Price	318.99
	Number Of Employees	12.7 K
	Beta	1.05
	Market Capitalization	69.59 B
	Total Asset	8.97 B
	Retained Earnings	5.99 B
	Working Capital	2.65 B
	Current Asset	964.24 M
	Current Liabilities	536.31 M
	Net Asset	8.97 B

About Cadence Design Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cadence Design Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cadence Design using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cadence Design Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.

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