Debt to Equity
since 2005
Calculation
Cadence Design Systems Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.19 | = | 649,056) | ÷ | 3,404,271) |
| Dec 31, 2022 | 0.27 | = | 748,078) | ÷ | 2,745,113) |
| Dec 31, 2021 | 0.13 | = | 347,588) | ÷ | 2,740,675) |
| Dec 31, 2020 | 0.14 | = | 346,793) | ÷ | 2,493,018) |
| Dec 28, 2019 | 0.16 | = | 346,019) | ÷ | 2,102,894) |
| Dec 29, 2018 | 0.35 | = | 445,291) | ÷ | 1,288,401) |
| Dec 30, 2017 | 0.74 | = | 729,369) | ÷ | 989,202) |
| Dec 31, 2016 | 0.93 | = | 693,493) | ÷ | 741,770) |
| Dec 31, 2015 | 0.25 | = | 348,788) | ÷ | 1,376,115) |
| Dec 31, 2014 | 0.52 | = | 691,175) | ÷ | 1,333,574) |
| Dec 28, 2013 | 0.28 | = | 324,826) | ÷ | 1,156,105) |
| Dec 29, 2012 | 0.49 | = | 447,011) | ÷ | 915,171) |
| Dec 31, 2011 | 1.04 | = | 425,981) | ÷ | 411,130) |
| Dec 31, 2010 | 1.99 | = | 549,662) | ÷ | 276,654) |
| Dec 31, 2009 | 4.02 | = | 436,012) | ÷ | 108,373) |
| Dec 31, 2008 | 4.91 | = | 500,178) | ÷ | 101,968) |
| Dec 29, 2007 | 0.35 | = | 730,385) | ÷ | 2,080,066) |
| Dec 30, 2006 | 0.45 | = | 758,385) | ÷ | 1,699,291) |
| Dec 31, 2005 | 0.31 | = | 580,000) | ÷ | 1,844,704) |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Cadence Design Systems Inc., debt to equity, long-term trends, comparison to competitors
| Cadence Design Systems Inc. | Accenture PLC | Adobe Inc. | CrowdStrike Holdings Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 0.19 | 0.01 | 0.22 | 0.51 | 2.51 | 0.35 | 0.31 | 84.33 | 0.00 | 1.14 | 0.20 | 0.20 | 0.00 |
| Dec 31, 2022 | 0.27 | 0.00 | 0.29 | 0.72 | 2.32 | 0.42 | 0.39 | — | 0.00 | 17.51 | 0.19 | 0.30 | 0.00 |
| Dec 31, 2021 | 0.13 | 0.00 | 0.28 | 0.85 | 2.74 | 0.21 | 0.50 | 16.08 | 0.00 | 5.08 | 0.07 | 0.43 | 0.02 |
| Dec 31, 2020 | 0.14 | 0.00 | 0.31 | 0.00 | 2.99 | 0.66 | 0.62 | 5.93 | 0.13 | 2.80 | 0.09 | 0.58 | 0.03 |
| Dec 28, 2019 | 0.16 | 0.00 | 0.39 | — | 3.02 | 0.12 | 0.77 | 2.58 | — | 0.90 | 0.22 | 0.33 | 0.03 |
| Dec 29, 2018 | 0.35 | 0.00 | 0.44 | — | 2.73 | 0.19 | 0.97 | 1.33 | — | 1.99 | 0.21 | 0.60 | 0.13 |
| Dec 30, 2017 | 0.74 | 0.00 | 0.22 | — | 2.66 | 0.36 | 1.23 | 1.08 | — | 0.69 | 0.32 | 2.01 | 0.04 |
| Dec 31, 2016 | 0.93 | 0.00 | 0.26 | — | 2.31 | 0.86 | 0.76 | 0.93 | — | 0.64 | 0.36 | 1.31 | 0.06 |
| Dec 31, 2015 | 0.25 | 0.00 | 0.27 | — | 2.80 | 0.21 | 0.44 | 0.86 | — | 1.00 | 0.49 | 0.84 | 0.07 |
| Dec 31, 2014 | 0.52 | 0.00 | 0.22 | — | 3.44 | 0.16 | 0.25 | 0.52 | — | 1.00 | 0.79 | 1.04 | 0.02 |
| Dec 28, 2013 | 0.28 | 0.01 | 0.23 | — | 1.74 | 0.14 | 0.20 | 0.41 | — | 0.00 | 0.25 | 1.05 | 0.04 |
| Dec 29, 2012 | 0.49 | 0.00 | 0.23 | — | 1.76 | 0.18 | 0.18 | 0.38 | — | 0.00 | 0.35 | 0.00 | 0.05 |
| Dec 31, 2011 | 1.04 | 0.00 | 0.26 | — | 1.56 | 0.38 | 0.21 | 0.40 | — | — | 0.38 | — | 0.00 |
| Dec 31, 2010 | 1.99 | 0.00 | 0.29 | — | 1.24 | 0.35 | 0.13 | 0.48 | — | — | 0.45 | — | 0.00 |
| Dec 31, 2009 | 4.02 | 0.00 | 0.20 | — | 1.15 | 0.39 | 0.15 | 0.41 | — | — | 0.01 | — | 0.00 |
| Dec 31, 2008 | 4.91 | 0.00 | 0.08 | — | 2.52 | 0.48 | 0.00 | 0.49 | — | — | 0.00 | — | 0.00 |
| Dec 29, 2007 | 0.35 | 0.01 | 0.00 | — | 1.24 | 0.49 | 0.00 | 0.45 | — | — | 0.00 | — | 0.00 |
| Dec 30, 2006 | 0.45 | 0.03 | 0.00 | — | 0.80 | 0.00 | 0.00 | 0.39 | — | — | 0.00 | — | 0.00 |
| Dec 31, 2005 | 0.31 | 0.04 | 0.00 | — | 0.68 | 0.00 | 0.00 | 0.26 | — | — | 0.01 | — | 0.00 |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Software & Services)
Cadence Design Systems Inc., debt to equity, long-term trends, comparison to sector (software & services)
| Cadence Design Systems Inc. | Software & Services | |
|---|---|---|
| Dec 31, 2023 | 0.19 | 0.64 |
| Dec 31, 2022 | 0.27 | 0.71 |
| Dec 31, 2021 | 0.13 | 0.83 |
| Dec 31, 2020 | 0.14 | 0.95 |
| Dec 28, 2019 | 0.16 | 1.05 |
| Dec 29, 2018 | 0.35 | 1.07 |
| Dec 30, 2017 | 0.74 | 1.14 |
| Dec 31, 2016 | 0.93 | 0.90 |
| Dec 31, 2015 | 0.25 | 0.73 |
| Dec 31, 2014 | 0.52 | 0.54 |
| Dec 28, 2013 | 0.28 | 0.46 |
| Dec 29, 2012 | 0.49 | 0.44 |
| Dec 31, 2011 | 1.04 | 0.47 |
| Dec 31, 2010 | 1.99 | 0.46 |
| Dec 31, 2009 | 4.02 | 0.44 |
| Dec 31, 2008 | 4.91 | 0.56 |
| Dec 29, 2007 | 0.35 | 0.50 |
| Dec 30, 2006 | 0.45 | 0.31 |
| Dec 31, 2005 | 0.31 | 0.26 |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Cadence Design Systems Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Cadence Design Systems Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 0.19 | 0.66 |
| Dec 31, 2022 | 0.27 | 0.70 |
| Dec 31, 2021 | 0.13 | 0.83 |
| Dec 31, 2020 | 0.14 | 0.97 |
| Dec 28, 2019 | 0.16 | 0.98 |
| Dec 29, 2018 | 0.35 | 0.83 |
| Dec 30, 2017 | 0.74 | 0.81 |
| Dec 31, 2016 | 0.93 | 0.66 |
| Dec 31, 2015 | 0.25 | 0.56 |
| Dec 31, 2014 | 0.52 | 0.39 |
| Dec 28, 2013 | 0.28 | 0.29 |
| Dec 29, 2012 | 0.49 | 0.25 |
| Dec 31, 2011 | 1.04 | 0.27 |
| Dec 31, 2010 | 1.99 | 0.25 |
| Dec 31, 2009 | 4.02 | 0.25 |
| Dec 31, 2008 | 4.91 | 0.28 |
| Dec 29, 2007 | 0.35 | 0.26 |
| Dec 30, 2006 | 0.45 | 0.19 |
| Dec 31, 2005 | 0.31 | 0.15 |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).