Cadence Design Systems Stock Debt To Equity
CDS Stock | EUR 288.55 0.85 0.30% |
Cadence Design Systems fundamentals help investors to digest information that contributes to Cadence Design's financial success or failures. It also enables traders to predict the movement of Cadence Stock. The fundamental analysis module provides a way to measure Cadence Design's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cadence Design stock.
Cadence |
Cadence Design Systems Company Debt To Equity Analysis
Cadence Design's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Cadence Design Debt To Equity | 32.60 % |
Most of Cadence Design's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cadence Design Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition |
According to the company disclosure, Cadence Design Systems has a Debt To Equity of 32.6%. This is 44.78% lower than that of the Technology sector and 25.04% lower than that of the Software - Application industry. The debt to equity for all Germany stocks is 33.06% higher than that of the company.
Cadence Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cadence Design's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cadence Design could also be used in its relative valuation, which is a method of valuing Cadence Design by comparing valuation metrics of similar companies.Cadence Design is currently under evaluation in debt to equity category among its peers.
Cadence Fundamentals
Return On Equity | 0.31 | |||
Return On Asset | 0.14 | |||
Profit Margin | 0.24 % | |||
Operating Margin | 0.30 % | |||
Current Valuation | 42.31 B | |||
Shares Outstanding | 272.94 M | |||
Shares Owned By Insiders | 0.52 % | |||
Shares Owned By Institutions | 90.40 % | |||
Price To Earning | 40.01 X | |||
Price To Book | 16.54 X | |||
Price To Sales | 12.66 X | |||
Revenue | 3.56 B | |||
Gross Profit | 3.19 B | |||
EBITDA | 1.2 B | |||
Net Income | 848.95 M | |||
Cash And Equivalents | 633.41 M | |||
Cash Per Share | 2.26 X | |||
Total Debt | 648.08 M | |||
Debt To Equity | 32.60 % | |||
Current Ratio | 1.61 X | |||
Book Value Per Share | 10.07 X | |||
Cash Flow From Operations | 1.24 B | |||
Earnings Per Share | 2.90 X | |||
Price To Earnings To Growth | 2.04 X | |||
Target Price | 159.51 | |||
Number Of Employees | 10.2 K | |||
Beta | 1.12 | |||
Market Capitalization | 49.55 B | |||
Total Asset | 5.14 B | |||
Z Score | 45.6 | |||
Net Asset | 5.14 B |
About Cadence Design Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cadence Design Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cadence Design using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cadence Design Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Cadence Stock
When determining whether Cadence Design Systems is a strong investment it is important to analyze Cadence Design's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cadence Design's future performance. For an informed investment choice regarding Cadence Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cadence Design Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.