Analysis of Geographic Areas
Cadence Design Systems Inc. operates in 6 regions: United States; Other Americas; China; Other Asia; Europe, Middle East and Africa; and Japan.
Area Asset Turnover
Cadence Design Systems Inc., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 5.24 | 4.42 | 4.54 | 4.84 | 3.98 |
| Other Americas | 12.52 | 6.39 | 7.04 | 43.22 | 30.27 |
| China | 24.99 | 22.96 | 10.09 | 6.70 | 6.64 |
| Other Asia | 10.20 | 10.74 | 8.59 | 10.37 | 10.35 |
| Europe, Middle East and Africa | 9.51 | 11.60 | 10.22 | 9.74 | 8.79 |
| Japan | 62.21 | 89.10 | 43.80 | 60.99 | 31.76 |
Based on: 10-K (reporting date: 2024-12-31), 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Other Americas | Other Americas area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
| China | China area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Other Asia | Other Asia area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| Europe, Middle East and Africa | Europe, Middle East and Africa area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. | |
| Japan | Japan area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level. |
Area Asset Turnover: United States
Cadence Design Systems Inc.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 2,159,703) | 1,694,529) | 1,577,881) | 1,292,980) | 1,096,263) |
| Long-lived assets | 412,339) | 383,807) | 347,822) | 267,202) | 275,651) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 5.24 | 4.42 | 4.54 | 4.84 | 3.98 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 2,159,703 ÷ 412,339 = 5.24
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: Other Americas
Cadence Design Systems Inc.; Other Americas; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 93,101) | 65,259) | 53,123) | 42,141) | 43,652) |
| Long-lived assets | 7,437) | 10,219) | 7,548) | 975) | 1,442) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 12.52 | 6.39 | 7.04 | 43.22 | 30.27 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 93,101 ÷ 7,437 = 12.52
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other Americas | Other Americas area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: China
Cadence Design Systems Inc.; China; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 573,096) | 679,538) | 521,509) | 378,160) | 406,645) |
| Long-lived assets | 22,929) | 29,598) | 51,667) | 56,403) | 61,199) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 24.99 | 22.96 | 10.09 | 6.70 | 6.64 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 573,096 ÷ 22,929 = 24.99
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other Asia
Cadence Design Systems Inc.; Other Asia; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 855,919) | 766,409) | 629,533) | 566,772) | 487,362) |
| Long-lived assets | 83,951) | 71,365) | 73,329) | 54,677) | 47,073) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 10.20 | 10.74 | 8.59 | 10.37 | 10.35 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 855,919 ÷ 83,951 = 10.20
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other Asia | Other Asia area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: Europe, Middle East and Africa
Cadence Design Systems Inc.; Europe, Middle East and Africa; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 699,241) | 655,078) | 582,350) | 523,390) | 469,804) |
| Long-lived assets | 73,551) | 56,449) | 56,959) | 53,748) | 53,472) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 9.51 | 11.60 | 10.22 | 9.74 | 8.79 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 699,241 ÷ 73,551 = 9.51
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe, Middle East and Africa | Europe, Middle East and Africa area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Area Asset Turnover: Japan
Cadence Design Systems Inc.; Japan; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 260,204) | 229,173) | 197,322) | 184,801) | 179,165) |
| Long-lived assets | 4,183) | 2,572) | 4,505) | 3,030) | 5,642) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 62.21 | 89.10 | 43.80 | 60.99 | 31.76 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 260,204 ÷ 4,183 = 62.21
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Japan | Japan area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level. |
Revenue
Cadence Design Systems Inc., revenue by geographic area
US$ in thousands
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 2,159,703) | 1,694,529) | 1,577,881) | 1,292,980) | 1,096,263) |
| Other Americas | 93,101) | 65,259) | 53,123) | 42,141) | 43,652) |
| Americas | 2,252,804) | 1,759,788) | 1,631,004) | 1,335,121) | 1,139,915) |
| China | 573,096) | 679,538) | 521,509) | 378,160) | 406,645) |
| Other Asia | 855,919) | 766,409) | 629,533) | 566,772) | 487,362) |
| Asia | 1,429,015) | 1,445,947) | 1,151,042) | 944,932) | 894,007) |
| Europe, Middle East and Africa | 699,241) | 655,078) | 582,350) | 523,390) | 469,804) |
| Japan | 260,204) | 229,173) | 197,322) | 184,801) | 179,165) |
| Total | 4,641,264) | 4,089,986) | 3,561,718) | 2,988,244) | 2,682,891) |
Based on: 10-K (reporting date: 2024-12-31), 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).
Long-lived assets
Cadence Design Systems Inc., long-lived assets by geographic area
US$ in thousands
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 412,339) | 383,807) | 347,822) | 267,202) | 275,651) |
| Other Americas | 7,437) | 10,219) | 7,548) | 975) | 1,442) |
| Americas | 419,776) | 394,026) | 355,370) | 268,177) | 277,093) |
| China | 22,929) | 29,598) | 51,667) | 56,403) | 61,199) |
| Other Asia | 83,951) | 71,365) | 73,329) | 54,677) | 47,073) |
| Asia | 106,880) | 100,963) | 124,996) | 111,080) | 108,272) |
| Europe, Middle East and Africa | 73,551) | 56,449) | 56,959) | 53,748) | 53,472) |
| Japan | 4,183) | 2,572) | 4,505) | 3,030) | 5,642) |
| Total | 604,390) | 554,010) | 541,830) | 436,035) | 444,479) |
Based on: 10-K (reporting date: 2024-12-31), 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).