Cadence Design Systems, Inc. (CDNS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.18B | 4.67B | 4.29B | 4.22B | 4B | 4.02B | 4.1B | 2.2B | 1.93B | 1.98B | 1.82B | 1.64B | 1.7B | 1.71B | 1.67B | 1.66B | 1.73B | 1.72B | 1.54B | 1.46B |
| Cash & Short-Term Investments | 1.55B | 3B | 2.75B | 2.82B | 2.78B | 2.78B | 2.79B | 1.06B | 1.01B | 1.14B | 961.98M | 873.92M | 916.96M | 886.82M | 1.03B | 1.03B | 1.13B | 1.09B | 1.01B | 847.16M |
| Cash Only | 1.41B | 3B | 2.75B | 2.82B | 2.78B | 2.64B | 2.79B | 1.06B | 1.01B | 1.01B | 961.98M | 873.92M | 916.96M | 882.33M | 1.03B | 1.03B | 1.13B | 1.09B | 1.01B | 847.16M |
| Short-Term Investments | 139.44M | 0 | 0 | 0 | 0 | 140.63M | 0 | 0 | 0 | 130.36M | 0 | 0 | 0 | 4.49M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.07B | 944.94M | 755.26M | 670.17M | 580.89M | 680.46M | 560.97M | 564.85M | 389.87M | 506.78M | 440.86M | 458.51M | 505.4M | 486.71M | 429.62M | 415.01M | 380.86M | 344.41M | 335.02M | 396.04M |
| Days Sales Outstanding | 61.61 | 54.31 | 48.98 | 44.63 | 45.69 | 42.11 | 42.61 | 40.95 | 40.43 | 40.79 | 40.44 | 44.91 | 43.7 | 46.33 | 42.58 | 42.23 | 37 | 39.55 | 44.3 | 49.46 |
| Inventory | 317.95M | 303.55M | 286.19M | 226.16M | 225.62M | 257.71M | 293.35M | 171.51M | 185.78M | 181.66M | 163.69M | 139.58M | 127.57M | 128M | 114.28M | 106.37M | 110.21M | 115.72M | 101.58M | 90.48M |
| Days Inventory Outstanding | 456.72 | 143.74 | 129.36 | 111.62 | 130.14 | 115.23 | 131.15 | 116.73 | 133.54 | 152.61 | 127.31 | 125.49 | 92.4 | 117.89 | 114.55 | 106.37 | 106.22 | 140.24 | 114.1 | 99.09 |
| Other Current Assets | 242.93M | 419.87M | 492.34M | 503.45M | 413.9M | 0 | 459.56M | 401.07M | 341.87M | 124.36M | 257.93M | 171.04M | 148.61M | 135.74M | 100.53M | 106.69M | 109.08M | 81.38M | 92.59M | 123.39M |
| Total Non-Current Assets | 8.92B | 5.48B | 5.31B | 5.29B | 5.02B | 4.96B | 5.07B | 5.03B | 3.79B | 3.69B | 3.61B | 3.51B | 3.47B | 3.43B | 3.3B | 2.7B | 2.66B | 2.67B | 2.67B | 2.67B |
| Property, Plant & Equipment | 536.9M | 517M | 494.7M | 482.13M | 466.32M | 604.39M | 448.65M | 449.42M | 433.02M | 554.01M | 379.78M | 370.19M | 372.96M | 541.83M | 348.24M | 316.74M | 310.69M | 436.04M | 303.31M | 301.98M |
| Fixed Asset Turnover | 2.80x | 2.85x | 2.74x | 2.69x | 2.32x | 2.58x | 2.71x | 2.40x | 2.04x | 2.29x | 2.73x | 2.63x | 2.23x | 2.02x | 2.71x | 2.73x | 2.42x | 2.09x | 2.48x | 2.40x |
| Goodwill | 4.93B | 2.75B | 2.64B | 2.6B | 2.42B | 2.38B | 2.49B | 2.42B | 1.58B | 1.54B | 1.5B | 1.43B | 1.38B | 1.37B | 1.35B | 924.46M | 923.72M | 928.36M | 925.95M | 929.52M |
| Intangible Assets | 1.93B | 718.22M | 672.51M | 618.95M | 584.23M | 594.73M | 662.34M | 664.04M | 334.64M | 336.84M | 347.62M | 340.74M | 341.74M | 354.62M | 353.91M | 215.78M | 219.11M | 233.26M | 247.63M | 264.79M |
| Long-Term Investments | 49.2M | 0 | 0 | 94.3M | 0 | 124.09M | 0 | 0 | 0 | 138.32M | 0 | 28.27M | 0 | 120M | 0 | 0 | 0 | 127.5M | 0 | 0 |
| Other Non-Current Assets | 625.8M | 581.37M | 607.54M | 510.75M | 558.94M | 274.46M | 572.71M | 605.18M | 562.86M | 248.25M | 504.27M | 471.95M | 516.01M | 185.9M | 463.64M | 443.79M | 419.54M | 181.6M | 427.94M | 439.4M |
| Total Assets | 12.1B | 10.15B | 9.6B | 9.51B | 9.01B | 8.97B | 9.17B | 7.23B | 5.72B | 5.67B | 5.43B | 5.16B | 5.17B | 5.14B | 4.97B | 4.36B | 4.4B | 4.39B | 4.21B | 4.12B |
| Asset Turnover | 0.13x | 0.15x | 0.14x | 0.14x | 0.14x | 0.15x | 0.15x | 0.16x | 0.18x | 0.19x | 0.19x | 0.19x | 0.20x | 0.18x | 0.19x | 0.20x | 0.21x | 0.18x | 0.18x | 0.18x |
| Asset Growth % | 34.23% | 13.13% | 4.72% | 31.59% | 57.52% | 58.29% | 68.78% | 40.17% | 10.64% | 10.36% | 9.33% | 18.2% | 17.67% | 17.12% | 17.9% | 5.79% | 9.91% | 11.02% | 1.78% | 3.08% |
| Total Current Liabilities | 2.16B | 1.64B | 1.41B | 1.5B | 1.3B | 1.37B | 1.67B | 1.53B | 1.47B | 1.59B | 1.26B | 1.2B | 1.18B | 1.35B | 1.26B | 1.04B | 960.83M | 971.23M | 907.2M | 926.72M |
| Accounts Payable | 88.17M | 856.86M | 631.27M | 291.77M | 0 | 5.55M | 0 | 0 | 0 | 91.19M | 0 | 0 | 0 | 47.11M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | 694.47 | 362.72 | 233.05 | 144.17 | - | 2.32 | - | - | - | 80.59 | - | - | - | 45.85 | - | - | - | - | - | - |
| Short-Term Debt | 425M | 0 | 0 | 0 | 0 | 0 | 349.96M | 349.73M | 349.51M | 349.29M | 0 | 0 | 30M | 100M | 150M | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 873.6M | 778.43M | 775.28M | 729.93M | 730.57M | 737.41M | 697.84M | 678.6M | 659.63M | 665.02M | 665.91M | 686.29M | 721.25M | 745.11M | 652.31M | 605.3M | 600.28M | 618.06M | 543.36M | 586.11M |
| Other Current Liabilities | 247.72M | 0 | 0 | 0 | 570.2M | 0 | 627.2M | 505.39M | 456.61M | 0 | 598.26M | 510.01M | 430.13M | 0 | 454.69M | 437.19M | 360.55M | 0 | 363.83M | 340.61M |
| Current Ratio | 1.47x | 2.86x | 3.05x | 2.82x | 3.07x | 2.93x | 2.45x | 1.43x | 1.32x | 1.24x | 1.44x | 1.37x | 1.44x | 1.27x | 1.33x | 1.59x | 1.81x | 1.77x | 1.70x | 1.57x |
| Quick Ratio | 1.32x | 2.67x | 2.84x | 2.67x | 2.90x | 2.74x | 2.27x | 1.32x | 1.19x | 1.13x | 1.31x | 1.26x | 1.33x | 1.17x | 1.24x | 1.49x | 1.69x | 1.65x | 1.59x | 1.47x |
| Cash Conversion Cycle | -176.14 | -164.67 | -54.71 | 12.08 | - | 155.02 | - | - | - | 112.8 | - | - | - | 118.37 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.37B | 3.04B | 2.99B | 3.01B | 2.94B | 2.93B | 2.93B | 1.43B | 688.79M | 674.35M | 1.05B | 1.05B | 1.05B | 1.04B | 1B | 693.55M | 674.06M | 674.4M | 675.42M | 679.09M |
| Long-Term Debt | 2.48B | 2.48B | 2.48B | 2.48B | 2.48B | 2.48B | 2.48B | 998.93M | 299.81M | 299.77M | 648.8M | 648.55M | 648.3M | 648.08M | 647.8M | 348M | 347.79M | 347.59M | 347.38M | 347.19M |
| Capital Lease Obligations | 177.18M | 0 | 0 | 0 | 0 | 108.89M | 0 | 0 | 0 | 115.36M | 0 | 0 | 0 | 139.34M | 0 | 0 | 0 | 107.12M | 0 | 0 |
| Deferred Tax Liabilities | 351.48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 217.98M | 407.53M | 384.51M | 373M | 348.6M | 230.56M | 351.03M | 343.37M | 301.98M | 160.29M | 303.9M | 305.17M | 298.55M | 165.32M | 253M | 230.98M | 219.43M | 118.54M | 232.04M | 233.5M |
| Total Liabilities | 5.54B | 4.68B | 4.4B | 4.5B | 4.24B | 4.3B | 4.6B | 2.96B | 2.15B | 2.27B | 2.32B | 2.25B | 2.23B | 2.39B | 2.26B | 1.74B | 1.63B | 1.65B | 1.58B | 1.61B |
| Total Debt | 3.08B | 2.48B | 2.48B | 2.48B | 2.48B | 2.59B | 2.83B | 1.35B | 649.31M | 764.41M | 648.8M | 648.55M | 678.3M | 887.41M | 797.8M | 348M | 347.79M | 454.71M | 347.38M | 347.19M |
| Net Debt | 1.68B | -521.17M | -274.1M | -344.62M | -300.51M | -58.95M | 39.15M | 289.71M | -363.11M | -243.74M | -313.18M | -225.37M | -238.66M | 5.09M | -228.25M | -681.54M | -786.96M | -634.23M | -666.43M | -499.97M |
| Debt / Equity | 0.47x | 0.45x | 0.48x | 0.49x | 0.52x | 0.55x | 0.62x | 0.32x | 0.18x | 0.22x | 0.21x | 0.22x | 0.23x | 0.32x | 0.29x | 0.13x | 0.13x | 0.17x | 0.13x | 0.14x |
| Debt / EBITDA | 5.98x | 4.64x | 4.88x | 5.79x | 6.00x | 5.06x | 6.97x | 3.95x | 2.25x | 2.02x | 1.97x | 1.95x | 1.91x | 3.56x | 2.76x | 1.10x | 0.98x | 2.05x | 1.52x | 1.57x |
| Net Debt / EBITDA | 3.25x | -0.98x | -0.54x | -0.80x | -0.73x | -0.12x | 0.10x | 0.85x | -1.26x | -0.64x | -0.95x | -0.68x | -0.67x | 0.02x | -0.79x | -2.15x | -2.22x | -2.85x | -2.91x | -2.27x |
| Interest Coverage | 14.54x | 17.74x | 14.53x | 10.69x | 13.22x | 15.60x | 14.61x | 25.46x | 36.67x | 41.28x | 34.11x | 34.62x | 35.72x | 24.18x | 47.18x | 64.69x | 76.44x | 46.65x | 45.97x | 43.46x |
| Total Equity | 6.56B | 5.47B | 5.2B | 5.01B | 4.78B | 4.67B | 4.56B | 4.26B | 3.57B | 3.4B | 3.11B | 2.91B | 2.94B | 2.75B | 2.71B | 2.63B | 2.76B | 2.74B | 2.63B | 2.52B |
| Equity Growth % | 37.38% | 17.13% | 13.93% | 17.5% | 33.88% | 37.29% | 46.55% | 46.5% | 21.31% | 24.01% | 14.98% | 10.79% | 6.55% | 0.16% | 2.92% | 4.31% | 8.56% | 9.93% | 9.83% | 11.53% |
| Book Value per Share | 23.97 | 20.06 | 18.99 | 18.35 | 17.46 | 17.04 | 16.66 | 15.58 | 13.04 | 12.50 | 11.43 | 10.65 | 10.77 | 10.06 | 9.85 | 9.54 | 9.97 | 9.85 | 9.45 | 9.03 |
| Total Shareholders' Equity | 6.56B | 5.47B | 5.2B | 5.01B | 4.78B | 4.67B | 4.56B | 4.26B | 3.57B | 3.4B | 3.11B | 2.91B | 2.94B | 2.75B | 2.71B | 2.63B | 2.76B | 2.74B | 2.63B | 2.52B |
| Common Stock | 5.7B | 4.72B | 4.61B | 4.45B | 4.33B | 4.18B | 4.07B | 3.93B | 3.33B | 3.17B | 3.08B | 2.9B | 2.88B | 2.77B | 2.7B | 2.59B | 2.55B | 2.47B | 2.41B | 2.35B |
| Retained Earnings | 7.44B | 7.1B | 6.71B | 6.43B | 6.27B | 5.99B | 5.65B | 5.41B | 5.18B | 4.94B | 4.61B | 4.36B | 4.14B | 3.9B | 3.65B | 3.47B | 3.28B | 3.05B | 2.87B | 2.69B |
| Treasury Stock | -6.54B | -6.34B | -6.13B | -5.89B | -5.69B | -5.31B | -5.14B | -4.97B | -4.84B | -4.6B | -4.46B | -4.26B | -3.99B | -3.82B | -3.52B | -3.35B | -3.03B | -2.74B | -2.62B | -2.51B |
| Accumulated OCI | -40.09M | -1.8M | 7.3M | 23.97M | -123.18M | -190.45M | -13.95M | -109.18M | -107.8M | -94.75M | -113.06M | -90.51M | -87.39M | -91.64M | -122.13M | -81.38M | -47.92M | -33.31M | -27.56M | -21.79M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |