Cadence Design Systems (Cadence Design Systems) Cash, Cash Equivalents, Marketable Securities

: $1,139 Mil (As of Dec. 2023)

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Cadence Design Systems's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($873.93 Mil) to Sep. 2023 ($961.98 Mil) and increased from Sep. 2023 ($961.98 Mil) to Dec. 2023 ($1,138.51 Mil).

Cadence Design Systems's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($1,088.94 Mil) to Dec. 2022 ($886.82 Mil) but then increased from Dec. 2022 ($886.82 Mil) to Dec. 2023 ($1,138.51 Mil).

Cadence Design Systems Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Cadence Design Systems's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cadence Design Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

705.21

928.43

1,088.94

886.82

1,138.51

Cadence Design Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities																886.82	916.96	873.93	961.98	1,138.51

Cadence Design Systems Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Cadence Design Systems (NAS:CDNS) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Cadence Design Systems Cash, Cash Equivalents, Marketable Securities Related Terms

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Cadence Design Systems (Cadence Design Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cadence Design Systems Inc (NAS:CDNS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

CDNS:Mexico CDS:Germany CDS:Germany C1DN34:Brazil

Address

2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134

Website

https://www.cadence.com

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

Executives

John M Wall	officer: Sr. VP & CFO	2655 SEELY AVENUE, SAN JOSE CA 95134
Vincentelli Alberto Sangiovanni	director
Karna Nisewaner	officer: Corporate VP, General Counsel	2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Paul Cunningham	officer: Sr. Vice President	2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Aneel Zaman	officer: Sr. Vice President	2655 SEELY AVENUE, SAN JOSE CA 95134
Anirudh Devgan	officer: Sr. Vice President of R&D	2655 SEELY AVENUE, SAN JOSE CA 95134
Chin-chi Teng	officer: Sr. Vice President	2655 SEELY AVENUE, SAN JOSE CA 95134
Mark Adams	director	834 TERRACE DRIVE, LOS ALTOS CA 94024
James D Plummer	director	233 KANSAS STREET, EL SEGUNDO CA 90245
Thomas P Beckley	officer: Sr. Vice President of R&D	2655 SEELY AVENUE, SAN JOSE CA 95134
Lip Bu Tan	director	ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Young Sohn	director	1390 KIFER ROAD, SUNNYVALE CA 94086
John B Shoven	director
Mary L Krakauer	director	176 SOUTH STREET, HOPKINTON MA 01748
Surendra Babu Mandava	officer: Sr. Vice President	47211 LAKEVIEW BLVD, FREMONT CA 94538