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Cadence Design Systems (Cadence Design Systems) Retained Earnings : $5,184 Mil (As of Mar. 2024)


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What is Cadence Design Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cadence Design Systems's retained earnings for the quarter that ended in Mar. 2024 was $5,184 Mil.

Cadence Design Systems's quarterly retained earnings increased from Sep. 2023 ($4,612 Mil) to Dec. 2023 ($4,936 Mil) and increased from Dec. 2023 ($4,936 Mil) to Mar. 2024 ($5,184 Mil).

Cadence Design Systems's annual retained earnings increased from Dec. 2021 ($3,046 Mil) to Dec. 2022 ($3,895 Mil) and increased from Dec. 2022 ($3,895 Mil) to Dec. 2023 ($4,936 Mil).


Cadence Design Systems Retained Earnings Historical Data

The historical data trend for Cadence Design Systems's Retained Earnings 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 Retained Earnings Chart

Cadence Design Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,761.69 2,350.33 3,046.29 3,895.24 4,936.38

Cadence Design Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,137.04 4,358.16 4,612.49 4,936.38 5,184.03

Cadence Design Systems Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Cadence Design Systems  (NAS:CDNS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Cadence Design Systems (Cadence Design Systems) Business Description

Traded in Other Exchanges
Address
2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134
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