Cadence Design Systems (FRA:CDS) Current Deferred Taxes Liabilities : €0 Mil (As of Mar. 2024)

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What is Cadence Design Systems Current Deferred Taxes Liabilities?

Current Deferred Taxes Liabilities represent future tax liabilities, resulting from temporary differences between book (accounting) value of assets and liabilities and their tax value, or timing differences between the recognition of gains and losses in financial statements and their recognition in a tax computation. Deferred tax liabilities generally arise where tax relief is provided in advance of an accounting expense, or income is accrued but not taxed until received.

Cadence Design Systems's current deferred tax liabilities for the quarter that ended in Mar. 2024 was €0 Mil.

Cadence Design Systems Current Deferred Taxes Liabilities Historical Data

The historical data trend for Cadence Design Systems's Current Deferred Taxes Liabilities can be seen below:

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Cadence Design Systems Current Deferred Taxes Liabilities Chart

Cadence Design Systems Annual Data

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Current Deferred Taxes Liabilities

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Cadence Design Systems Quarterly Data
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Cadence Design Systems (FRA:CDS) Business Description

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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.

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