Stock Analysis on Net
Stock Analysis on Net

Cadence Design Systems Inc. (NASDAQ:CDNS)

This company has been moved to the archive! The financial data has not been updated since July 24, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Cadence Design Systems Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 28, 2019 Dec 29, 2018
Revolving credit facility 1.95 0.00 0.00 0.00 4.05
Payroll and payroll-related accruals 5.74 5.79 5.55 5.96 7.80
Accounts payable 0.00 0.00 0.00 0.00 0.22
Customer deposits 1.06 1.46 0.71 0.00 0.00
Other accrued operating liabilities 4.05 2.26 2.60 3.48 2.37
Accounts payable and accrued liabilities 10.85% 9.51% 8.86% 9.44% 10.39%
Current portion of deferred revenue 13.44 12.63 11.31 10.59 14.28
Current liabilities 26.23% 22.14% 20.17% 20.03% 28.72%
Long-term portion of deferred revenue 1.78 2.31 2.71 2.19 1.97
Long-term debt 12.62 7.92 8.78 10.31 13.99
Long-term operating lease liabilities 2.71 2.44 2.88 2.53 0.00
Other accrued liabilities 3.22 2.70 2.36 2.32 3.13
Other long-term liabilities 5.93% 5.14% 5.24% 4.84% 3.13%
Long-term liabilities 20.33% 15.38% 16.73% 17.33% 19.09%
Total liabilities 46.56% 37.52% 36.90% 37.36% 47.81%
Preferred stock, $0.01 par value; none issued or outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, $0.01 par value 53.84 56.26 56.14 60.95 78.43
Treasury stock, at cost -74.44 -62.47 -52.09 -49.69 -56.53
Retained earnings 75.83 69.45 59.49 52.47 31.30
Accumulated other comprehensive loss -1.78 -0.76 -0.44 -1.10 -1.00
Stockholders’ equity 53.44% 62.48% 63.10% 62.64% 52.19%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Cadence Design Systems Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Cadence Design Systems Inc. long-term liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Cadence Design Systems Inc. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Cadence Design Systems Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity decreased from 2020 to 2021 and from 2021 to 2022.