Cadence Design Systems

Cadence Design Systems, Inc is a multinational electronic design automation software and engineering services company. The Company develops software used to design chips and printed circuit boards, as well as intellectual properties covering a broad range of areas, including interfaces, memory, analog, SoC peripherals, data plane processing units, and verification. Cadence products primarily target SoC design engineers, and are used to move a design into packaged silicon, with products for custom and analog design, digital design, mixed-signal design, verification, and package/PCB design, as well as a broad selection of IP, and also hardware for emulation and FPGA prototyping. To help integrate, verify, and implement complex digital SoCs, there are solutions that encompass design IP, timing analysis and signoff, services, and tools and methodologies. The Company also provides products that assist with the development of complete hardware and software platforms that support end applications.

Company Growth (employees)
Type
Public
HQ
San Jose, US
Founded
1988
Size (employees)
7,100 (est)-45%
Cadence Design Systems was founded in 1988 and is headquartered in San Jose, US

Cadence Design Systems Office Locations

Cadence Design Systems has offices in San Jose, Sandy, Irvine, Chelmsford and in 14 other locations
San Jose, US (HQ)
2655 Seely Ave
Show all (18)

Cadence Design Systems Data and Metrics

Cadence Design Systems Financial Metrics

Cadence Design Systems's revenue was reported to be $1.8 b in FY, 2016
USD

Net income (Q1, 2017)

68.3 m

Market capitalization (17-Aug-2017)

10.3 b

Cash (01-Apr-2017)

544.1 m
Cadence Design Systems's current market capitalization is $10.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.5 b1.6 b1.7 b1.8 b

Revenue growth, %

8%8%7%

R&D expense

735.3 m

General and administrative expense

125.1 m

Operating expense total

1.3 b1.4 b1.4 b1.6 b

EBIT

189 m206.6 m285.4 m244.9 m

EBIT margin, %

13%13%17%13%

Interest expense

37.6 m34.1 m28.3 m23.7 m

Pre tax profit

159 m181 m267.6 m237.2 m

Income tax expense

(5.2 m)22.1 m15.2 m34.1 m

Net Income

164.2 m158.9 m252.4 m203.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

23.3 m37.5 m36.3 m58.2 m77.6 m50.6 m49.3 m64.7 m68.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

536.3 m932.2 m616.7 m465.2 m

Accounts Receivable

48 k

Inventories

50.2 m56.4 m56.8 m39.5 m

Current Assets

1.2 b1.9 b964.8 m702 m

PP&E

238.7 m230.1 m228.6 m238.6 m

Goodwill

456.9 m553.8 m551.8 m572.8 m

Total Assets

2.4 b3.2 b2.4 b2.1 b

Accounts Payable

239.5 m

Total Debt

643.5 m

Current Liabilities

1.1 b1.4 b536.3 m585.6 m

Non-Current Liabilities

124.3 m482.9 m438.6 m769.6 m

Total Liabilities

1.3 b1.9 b974.9 m1.4 b

Retained Earnings

(485.3 m)(326.4 m)(74 m)136.9 m

Total Equity

1.2 b1.3 b1.4 b741.8 m

Debt to Equity Ratio

0.9 x

Debt to Assets Ratio

0.3 x

Financial Leverage

2.1 x2.4 x1.7 x2.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

557.4 m500.5 m887.7 m647.9 m616.1 m810.4 m669.6 m524.3 m544.1 m

Inventories

58.3 m61.1 m54.5 m62.2 m57.7 m56.6 m61.9 m64.5 m30.7 m

Current Assets

1.4 b1.4 b1.7 b1.1 b1 b1.2 b962.2 m792.3 m800 m

Goodwill

560 m557.3 m553.9 m553.8 m552.4 m551.9 m573.7 m573.9 m574.5 m

Total Assets

2.8 b2.7 b3.1 b2.4 b2.3 b2.5 b2.4 b2.2 b2.2 b

Accounts Payable

217 m205.6 m178.5 m202.8 m194.4 m195.2 m224.7 m192.9 m194 m

Current Liabilities

1.4 b1.3 b1.2 b527.4 m509.6 m567.9 m564.5 m531.3 m575.8 m

Non-Current Liabilities

117.3 m125.2 m472.9 m456.1 m436.9 m737.1 m738 m736 m774.8 m

Retained Earnings

(429 m)(391.4 m)(290.1 m)(232 m)(154.4 m)(15.6 m)33.7 m98.4 m205.2 m

Total Equity

1.4 b1.4 b1.2 b1.1 b926.8 m840.6 m

Financial Leverage

1.7 x1.7 x2.1 x2.2 x2.4 x2.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

164.2 m158.9 m252.4 m203.1 m

Depreciation and Amortization

98.3 m115.6 m118.2 m119.6 m

Inventories

(15 m)(12 m)(1.1 m)4.9 m

Cash From Operating Activities

367.6 m316.7 m378.2 m444.9 m

Purchases of PP&E

(44.9 m)(39.8 m)(44.8 m)(53.7 m)

Cash From Investing Activities

(426.9 m)(198 m)(44.5 m)1.4 m

Cash From Financing Activities

(116.3 m)289 m(626.3 m)(592.7 m)

Interest Paid

12.4 m10 m19.9 m21 m

Income Taxes Paid

36.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

23.3 m37.5 m36.3 m58.2 m77.6 m50.6 m49.3 m64.7 m68.3 m

Inventories

58.3 m61.1 m54.5 m62.2 m57.7 m56.6 m61.9 m64.5 m30.7 m
Y, 2017

Financial Leverage

2.6 x

Cadence Design Systems Operating Metrics

FY, 2015FY, 2016FY, 2016

Bookings

$1.9 m$2.1 m$2.3 m

    Cadence Design Systems Market Value History

    Cadence Design Systems Revenue Breakdown

    Traffic Overview of Cadence Design Systems

    Cadence Design Systems Online and Social Media Presence

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