Stock Analysis on Net

Cadence Design Systems Inc. (NASDAQ:CDNS)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Cadence Design Systems Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020
Revolving credit facility 30,000 100,000 150,000 350,000 350,000 350,000
Current portion of long-term debt 349,958 349,732 349,507 349,285
Accounts payable and accrued liabilities 632,692 627,200 505,392 456,608 576,558 598,261 510,007 430,135 557,158 454,688 437,195 360,547 417,283 363,835 340,607 271,241 349,951 290,886 306,948 236,813
Current portion of deferred revenue 737,413 697,836 678,598 659,628 665,024 665,906 686,293 721,246 690,538 652,306 605,296 600,279 553,942 543,361 586,109 521,100 446,857 477,003 494,939 425,616
Current liabilities 1,370,105 1,674,994 1,533,722 1,465,743 1,590,867 1,264,167 1,196,300 1,181,381 1,347,696 1,256,994 1,042,491 960,826 971,225 907,196 926,716 792,341 796,808 1,117,889 1,151,887 1,012,429
Long-term portion of deferred revenue 115,168 102,439 88,823 87,003 98,931 100,609 96,653 102,515 91,524 102,167 114,573 106,838 101,148 95,991 98,408 92,574 107,064 84,646 87,437 95,503
Long-term debt, excluding current portion 2,476,183 2,475,232 998,935 299,805 299,771 648,801 648,551 648,301 648,078 647,799 347,999 347,792 347,588 347,385 347,186 346,988 346,793 346,584 346,394 346,205
Other long-term liabilities 339,448 351,028 343,369 301,983 275,651 303,904 305,165 298,546 304,660 252,999 230,982 219,428 225,663 232,041 233,495 224,624 207,102 195,315 157,148 155,842
Long-term liabilities 2,930,799 2,928,699 1,431,127 688,791 674,353 1,053,314 1,050,369 1,049,362 1,044,262 1,002,965 693,554 674,058 674,399 675,417 679,089 664,186 660,959 626,545 590,979 597,550
Total liabilities 4,300,904 4,603,693 2,964,849 2,154,534 2,265,220 2,317,481 2,246,669 2,230,743 2,391,958 2,259,959 1,736,045 1,634,884 1,645,624 1,582,613 1,605,805 1,456,527 1,457,767 1,744,434 1,742,866 1,609,979
Common stock and capital in excess of par value 4,181,737 4,067,586 3,928,477 3,331,547 3,166,964 3,077,954 2,897,885 2,878,749 2,765,673 2,697,632 2,590,893 2,552,207 2,467,701 2,411,791 2,354,801 2,307,965 2,217,939 2,186,850 2,143,016 2,099,425
Treasury stock, at cost (5,309,579) (5,141,957) (4,971,955) (4,840,181) (4,604,323) (4,463,484) (4,257,084) (3,987,528) (3,824,163) (3,522,219) (3,352,827) (3,025,728) (2,740,003) (2,622,675) (2,509,668) (2,275,998) (2,057,829) (1,934,107) (1,856,333) (1,778,533)
Retained earnings 5,991,868 5,651,658 5,413,547 5,184,027 4,936,384 4,612,485 4,358,164 4,137,044 3,895,240 3,654,848 3,468,543 3,281,623 3,046,288 2,869,709 2,693,402 2,537,502 2,350,333 2,176,595 2,014,965 1,883,677
Accumulated other comprehensive loss (190,448) (13,949) (109,177) (107,797) (94,754) (113,061) (90,510) (87,389) (91,637) (122,133) (81,380) (47,919) (33,311) (27,563) (21,792) (27,037) (17,425) (33,620) (45,017) (46,575)
Stockholders’ equity 4,673,578 4,563,338 4,260,892 3,567,596 3,404,271 3,113,894 2,908,455 2,940,876 2,745,113 2,708,128 2,625,229 2,760,183 2,740,675 2,631,262 2,516,743 2,542,432 2,493,018 2,395,718 2,256,631 2,157,994
Total liabilities and stockholders’ equity 8,974,482 9,167,031 7,225,741 5,722,130 5,669,491 5,431,375 5,155,124 5,171,619 5,137,071 4,968,087 4,361,274 4,395,067 4,386,299 4,213,875 4,122,548 3,998,959 3,950,785 4,140,152 3,999,497 3,767,973

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28).

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 increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
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 increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
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 increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.
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 increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.