Cadence Design Systems Inc

NASDAQ CDNS

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Cadence Design Systems Inc Depreciation and Amortization 3 year CAGR for the year ending December 31, 2023: -5.68%

Cadence Design Systems Inc Depreciation and Amortization 3 year CAGR is -5.68% for the year ending December 31, 2023, a -192.80% change year over year. Depreciation and Amortization involve the systematic allocation of the cost of tangible and intangible assets over their useful lives. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Cadence Design Systems Inc Depreciation and Amortization for the year ending December 31, 2022 was USD 130.10 M, a -4.33% change year over year.
  • Cadence Design Systems Inc Depreciation and Amortization for the year ending December 31, 2021 was USD 135.98 M, a -18.72% change year over year.
  • Cadence Design Systems Inc Depreciation and Amortization for the year ending December 31, 2020 was USD 167.30 M, a 21.25% change year over year.
  • Cadence Design Systems Inc Depreciation and Amortization for the year ending December 31, 2019 was USD 137.97 M, a 16.22% change year over year.
NASDAQ: CDNS

Cadence Design Systems Inc

CEO Mr. Lip-Bu Tan
IPO Date June 10, 1987
Location United States
Headquarters Building 5, San Jose, CA, United States, 95134
Employees 11,200
Sector Technology
Industry Software - application
Description

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

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StockViz Staff

September 19, 2024

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