Last Price$241.7(3.5%)
Market Cap$67.7B
LTM Interest Expense
$16.2M
YoY Growth
-55.3%
3Y CAGR
-1.6%
5Y CAGR
-3.0%
Stock quality & Intrinsic value
7/10
36.4% overvalued
Cadence Design Systems, Inc. Interest Expense
Annual
Quarterly
LTM
Crunching data... Almost there!
| Dec'05 | Dec'06 | Dec'07 | Jan'09 | Jan'10 | Jan'11 | Dec'11 | Dec'12 | Dec'13 | Jan'15 | Jan'16 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Jan'21 | Jan'22 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Expense | $0.0 | $0.0 | $12.4M | $11.6M | $28.9M | $36.3M | $43.0M | $34.7M | $37.6M | $34.1M | $28.3M | $23.7M | $25.7M | $23.1M | $18.8M | $20.7M | $17.0M | $22.9M | $36.2M | ($76.0M) |
Overvalued or undervalued?
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Cadence Design Systems, Inc. (CDNS) Interest Expense comparison analysis
General
LTM Interest Expense
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
Cadence Design Systems, Inc.CDNS
$16.2M
(55.3%)
(1.6%)
(3.0%)
Median Peer Set
$83.3M
(16.6%)
1.4%
0.0%
SAP SESAP
$1,116.4M
(8.6%)
2.8%
11.8%
Uber Technologies, Inc.UBER
$289.0M
(54.3%)
(15.7%)
(12.4%)
Intuit Inc.INTU
$255.0M
(5.6%)
75.7%
84.3%
AppLovin CorporationAPP
$129.9M
(58.2%)
8.0%
N/A
Workday, Inc.WDAY
$86.0M
(24.6%)
73.0%
7.9%
Coinbase Global, Inc.COIN
$80.6M
(2.6%)
118.6%
N/A
MicroStrategy IncorporatedMSTR
$29.0M
(40.7%)
(14.7%)
N/A
ServiceNow, Inc.NOW
$18.0M
(25.0%)
(13.7%)
(11.6%)
Shopify Inc.SHOP
$0.0
N/A
(100.0%)
N/A
Salesforce, Inc.CRM
$0.0
N/A
N/A
(100.0%)
CDNS key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'05 | Dec'06 | Dec'07 | Jan'09 | Jan'10 | Jan'11 | Dec'11 | Dec'12 | Dec'13 | Jan'15 | Jan'16 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Jan'21 | Jan'22 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 1,329.2 11.0% | 1,483.9 11.6% | 1,615.0 8.8% | 1,038.6 (35.7%) | 852.6 (17.9%) | 936.0 9.8% | 1,149.8 22.9% | 1,326.4 15.4% | 1,460.1 10.1% | 1,580.9 8.3% | 1,702.1 7.7% | 1,816.1 6.7% | 1,943.0 7.0% | 2,138.0 10.0% | 2,336.3 9.3% | 2,682.9 14.8% | 2,988.2 11.4% | 3,561.7 19.2% | 4,090.0 14.8% | 4,641.3 13.5% |
| Cost of Goods Sold (COGS) | 228.8 | 227.1 | 214.5 | 209.5 | 169.2 | 156.4 | 195.2 | 191.1 | 200.2 | 223.7 | 238.5 | 256.5 | 237.4 | 258.7 | 266.4 | 305.5 | 307.0 | 371.6 | 435.0 | 210.9 |
% margin | 1,100.4 82.8% | 1,256.8 84.7% | 1,400.5 86.7% | 829.1 79.8% | 683.4 80.2% | 779.5 83.3% | 954.7 83.0% | 1,135.3 85.6% | 1,259.9 86.3% | 1,357.2 85.8% | 1,463.6 86.0% | 1,559.6 85.9% | 1,705.6 87.8% | 1,879.3 87.9% | 2,070.0 88.6% | 2,377.4 88.6% | 2,681.2 89.7% | 3,190.1 89.6% | 3,654.9 89.4% | 4,430.4 95.5% |
| Operating Expenses | 936.8 | 1,032.1 | 1,089.6 | 1,038.8 | 775.6 | 782.5 | 833.9 | 923.5 | 1,052.9 | 1,140.3 | 1,173.7 | 1,273.7 | 1,372.3 | 1,472.0 | 1,569.5 | 1,722.6 | 1,903.2 | 2,116.4 | 2,403.7 | 3,079.6 |
| Research & Development Expenses (R&D) | 370.1 | 460.1 | 494.0 | 457.9 | 354.7 | 376.4 | 400.7 | 454.1 | 534.0 | 603.0 | 637.6 | 735.3 | 804.2 | 884.8 | 935.9 | 1,033.7 | 1,134.3 | 1,251.5 | 1,441.8 | 1,549.1 |
| Selling, General & Administrative Expenses (SG&A) | 518.9 | 548.9 | 576.1 | 510.4 | 409.5 | 392.0 | 416.7 | 454.4 | 499.5 | 513.3 | 512.4 | 520.3 | 553.3 | 573.1 | 621.5 | 670.9 | 749.3 | 846.3 | 920.6 | 1,039.8 |
% margin | 118.8 8.9% | 224.6 15.1% | 317.9 19.7% | (1,573.3) (151.5%) | (123.6) (14.5%) | (13.2) (1.4%) | 120.4 10.5% | 211.7 16.0% | 189.0 12.9% | 206.6 13.1% | 285.4 16.8% | 244.9 13.5% | 324.0 16.7% | 396.2 18.5% | 491.8 21.1% | 645.6 24.1% | 779.1 26.1% | 1,073.7 30.1% | 1,251.2 30.6% | 1,350.8 29.1% |
| Interest Income | 0.0 | 0.0 | 48.1 | 20.4 | 2.6 | 1.2 | 1.3 | 1.5 | 1.7 | 1.8 | 2.7 | 2.9 | 3.9 | 8.1 | 9.5 | 3.8 | 2.6 | 10.1 | 29.6 | 0.0 |
| Interest Expense | 0.0 | 0.0 | 12.4 | 11.6 | 28.9 | 36.3 | 43.0 | 34.7 | 37.6 | 34.1 | 28.3 | 23.7 | 25.7 | 23.1 | 18.8 | 20.7 | 17.0 | 22.9 | 36.2 | (76.0) |
| Pre-tax Income | 128.5 | 241.9 | 364.1 | (1,601.7) | (153.5) | (47.0) | 95.4 | 188.3 | 159.0 | 181.0 | 267.6 | 237.2 | 315.0 | 376.4 | 479.0 | 632.7 | 768.4 | 1,045.4 | 1,281.9 | 1,395.8 |
% effective tax rate | 79.1 61.6% | 99.7 41.2% | 67.8 18.6% | 252.3 (15.8%) | (3.6) 2.4% | (189.3) 403.1% | 23.2 24.3% | (251.7) (133.7%) | (5.2) (3.3%) | 22.1 12.2% | 15.2 5.7% | 34.1 14.4% | 110.9 35.2% | 30.6 8.1% | (510.0) (106.5%) | 42.1 6.7% | 72.5 9.4% | 196.4 18.8% | 240.8 18.8% | 340.3 24.4% |
% margin | 49.3 3.7% | 142.6 9.6% | 296.3 18.3% | (1,854.0) (178.5%) | (149.9) (17.6%) | 142.3 15.2% | 72.2 6.3% | 439.9 33.2% | 164.2 11.2% | 158.9 10.1% | 252.4 14.8% | 203.1 11.2% | 204.1 10.5% | 345.8 16.2% | 989.0 42.3% | 590.6 22.0% | 696.0 23.3% | 849.0 23.8% | 1,041.1 25.5% | 1,055.5 22.7% |
| EPS | 0.18 | 0.51 | 1.09 | (7.29) | (0.58) | 0.55 | 0.27 | 1.63 | 0.59 | 0.56 | 0.88 | 0.71 | 0.75 | 1.26 | 3.62 | 2.16 | 2.54 | 3.13 | 3.86 | 3.89 |
| Diluted EPS | 0.16 | 0.46 | 1.01 | (7.29) | (0.58) | 0.54 | 0.27 | 1.57 | 0.56 | 0.52 | 0.81 | 0.70 | 0.73 | 1.23 | 3.53 | 2.11 | 2.50 | 3.09 | 3.82 | 3.85 |
% margin | 377.9 28.4% | 401.3 27.0% | 507.1 31.4% | (1,461.4) (140.7%) | (31.5) (3.7%) | 61.9 6.6% | 230.1 20.0% | 312.2 23.5% | 305.3 20.9% | 332.5 21.0% | 408.8 24.0% | 406.5 22.4% | 448.9 23.1% | 526.0 24.6% | 620.6 26.6% | 799.2 29.8% | 927.7 31.0% | 1,200.4 33.7% | 1,419.6 34.7% | 1,350.8 29.1% |
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FAQ
1) What is Cadence Design Systems, Inc.'s Interest Expense?
As of today, Cadence Design Systems, Inc.'s last 12-month Interest Expense is $16.2M, based on the financial report for Dec 31, 2024 (Q4’2024).
2) What is Cadence Design Systems, Inc.'s Interest Expense growth rate?
Over the last year, Cadence Design Systems, Inc.'s Interest Expense growth was (55.3%). The average annual Interest Expense growth rates for Cadence Design Systems, Inc. have been (4.8%) over the past three years, (3.0%) over the past five years.
3) Is Cadence Design Systems, Inc.'s Interest Expense growth rate Good?
Over the last year, Cadence Design Systems, Inc.'s Interest Expense growth was (55.3%), which is lower than industry growth of (0.7%). It indicates that Cadence Design Systems, Inc.'s Interest Expense growth is Good.