Cadence Begin Period Cash Flow vs Sale Purchase Of Stock Analysis

CDNS Stock  USD 306.75  1.47  0.48%   
Cadence Design financial indicator trend analysis is way more than just evaluating Cadence Design Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cadence Design Systems is a good investment. Please check the relationship between Cadence Design Begin Period Cash Flow and its Sale Purchase Of Stock accounts. 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.

Begin Period Cash Flow vs Sale Purchase Of Stock

Begin Period Cash Flow vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cadence Design Systems Begin Period Cash Flow account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cadence Design's Begin Period Cash Flow and Sale Purchase Of Stock is -0.58. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Cadence Design Systems, assuming nothing else is changed. The correlation between historical values of Cadence Design's Begin Period Cash Flow and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Cadence Design Systems are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Begin Period Cash Flow i.e., Cadence Design's Begin Period Cash Flow and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Sale Purchase Of Stock

Most indicators from Cadence Design's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cadence Design Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, Cadence Design's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.09 in 2024, whereas Selling General Administrative is likely to drop slightly above 152.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.2B3.7B3.8B
Total Revenue3.0B3.6B4.1B4.3B

Cadence Design fundamental ratios Correlations

0.680.380.780.970.92-0.410.890.890.980.460.890.860.440.580.37-0.910.910.910.90.30.470.940.670.950.96
0.680.350.70.530.750.250.50.630.650.320.650.580.540.640.2-0.620.870.580.660.430.570.620.790.760.69
0.380.350.690.240.25-0.340.010.580.22-0.110.590.130.580.180.62-0.050.580.20.680.510.090.230.590.380.29
0.780.70.690.650.81-0.230.520.780.66-0.040.830.610.50.210.56-0.570.90.690.920.790.590.760.720.790.75
0.970.530.240.650.87-0.50.940.830.980.480.830.840.330.520.26-0.920.780.90.820.180.40.930.540.890.92
0.920.750.250.810.87-0.210.820.790.90.310.820.870.460.450.35-0.870.880.860.830.480.610.930.640.960.93
-0.410.25-0.34-0.23-0.5-0.21-0.3-0.6-0.33-0.2-0.56-0.27-0.23-0.01-0.410.21-0.18-0.31-0.50.030.35-0.32-0.01-0.31-0.32
0.890.50.010.520.940.82-0.30.650.950.460.640.850.050.530.16-0.980.690.930.650.080.470.910.370.780.9
0.890.630.580.780.830.79-0.60.650.80.410.990.690.630.530.5-0.670.870.730.950.350.210.770.670.880.82
0.980.650.220.660.980.9-0.330.950.80.540.790.880.350.640.27-0.960.840.930.790.160.470.930.60.920.96
0.460.32-0.11-0.040.480.31-0.20.460.410.540.330.430.380.81-0.01-0.490.350.420.22-0.55-0.110.350.340.480.48
0.890.650.590.830.830.82-0.560.640.990.790.330.660.620.430.44-0.650.870.730.970.460.310.80.70.880.81
0.860.580.130.610.840.87-0.270.850.690.880.430.660.30.580.53-0.90.770.860.680.180.420.850.430.860.93
0.440.540.580.50.330.46-0.230.050.630.350.380.620.30.460.36-0.150.590.170.580.230.020.250.730.640.39
0.580.640.180.210.520.45-0.010.530.530.640.810.430.580.460.22-0.610.610.510.39-0.320.070.430.530.60.61
0.370.20.620.560.260.35-0.410.160.50.27-0.010.440.530.360.22-0.240.510.370.520.350.030.320.220.420.46
-0.91-0.62-0.05-0.57-0.92-0.870.21-0.98-0.67-0.96-0.49-0.65-0.9-0.15-0.61-0.24-0.76-0.95-0.67-0.13-0.53-0.92-0.45-0.84-0.94
0.910.870.580.90.780.88-0.180.690.870.840.350.870.770.590.610.51-0.760.80.910.490.520.830.810.920.9
0.910.580.20.690.90.86-0.310.930.730.930.420.730.860.170.510.37-0.950.80.760.250.560.960.50.840.96
0.90.660.680.920.820.83-0.50.650.950.790.220.970.680.580.390.52-0.670.910.760.560.390.820.720.880.83
0.30.430.510.790.180.480.030.080.350.16-0.550.460.180.23-0.320.35-0.130.490.250.560.560.370.370.350.28
0.470.570.090.590.40.610.350.470.210.47-0.110.310.420.020.070.03-0.530.520.560.390.560.630.540.470.52
0.940.620.230.760.930.93-0.320.910.770.930.350.80.850.250.430.32-0.920.830.960.820.370.630.580.880.94
0.670.790.590.720.540.64-0.010.370.670.60.340.70.430.730.530.22-0.450.810.50.720.370.540.580.740.62
0.950.760.380.790.890.96-0.310.780.880.920.480.880.860.640.60.42-0.840.920.840.880.350.470.880.740.94
0.960.690.290.750.920.93-0.320.90.820.960.480.810.930.390.610.46-0.940.90.960.830.280.520.940.620.94
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Cadence Design Account Relationship Matchups

Cadence Design fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B4.0B4.4B5.1B5.7B6.0B
Short Long Term Debt Total371.6M380.7M372.9M748.1M806.0M846.3M
Other Current Liab316.9M350.0M417.3M510.0M425.0M222.7M
Total Current Liabilities672.4M796.8M971.2M1.3B1.6B1.7B
Total Stockholder Equity2.1B2.5B2.7B2.7B3.4B3.6B
Property Plant And Equipment Net275.9M311.1M305.9M371.5M554.0M581.7M
Net Debt(359.2M)(581.6M)(741.4M)(134.2M)(202.1M)(212.2M)
Retained Earnings1.8B2.4B3.0B3.9B4.9B5.2B
Cash705.2M928.4M1.1B882.3M1.0B1.1B
Non Current Assets Total2.2B2.5B2.7B3.4B3.7B3.9B
Non Currrent Assets Other207.2M303.9M311.7M356.3M137.2M194.3M
Cash And Short Term Investments705.2M928.4M1.1B882.3M1.1B1.2B
Net Receivables304.5M338.5M337.6M486.7M506.8M532.1M
Common Stock Shares Outstanding280.5M279.6M278.9M275.0M272.7M259.7M
Liabilities And Stockholders Equity3.4B4.0B4.4B5.1B5.7B6.0B
Non Current Liabilities Total581.9M661.0M674.4M1.0B674.4M449.0M
Other Current Assets103.8M135.7M173.5M205.2M149.3M86.2M
Other Stockholder Equity(1.7B)(2.1B)(2.7B)(3.8B)(4.6B)(4.4B)
Total Liab1.3B1.5B1.6B2.4B2.3B2.4B
Property Plant And Equipment Gross376.2M444.5M1.2B1.3B1.4B1.5B
Total Current Assets1.2B1.5B1.7B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(36.9M)(17.4M)(33.3M)(91.6M)(94.8M)(90.0M)
Short Term Debt100M25.6M33.9M25.3M390.9M410.4M
Accounts Payable(25.6M)(33.9M)(25.3M)47.1M91.2M62.2M
Inventory55.8M76.0M115.7M128.0M181.7M190.7M
Intangible Assets172.4M210.6M233.3M354.6M336.8M324.2M
Common Stock2.0B2.2B2.5B2.8B3.2B3.3B
Current Deferred Revenue355.5M446.9M553.9M690.5M683.8M718.0M
Common Stock Total Equity2.0B2.2B2.5B2.8B3.2B3.3B
Short Term Investments4.6M4.5M6.0M4.5M130.4M136.9M
Other Liab151.1M200.3M326.8M256.8M231.2M202.3M
Other Assets839.2M902.8M1.2B1.0B1.2B1.3B
Long Term Debt346.0M346.8M347.6M648.1M299.8M388.2M
Treasury Stock(1.7B)(2.1B)(2.7B)(3.8B)(3.4B)(3.3B)
Property Plant Equipment275.9M311.1M305.9M371.5M334.3M251.3M
Good Will661.9M782.1M928.4M1.4B1.5B864.7M
Net Tangible Assets2.1B1.5B1.6B1.0B1.2B1.1B
Retained Earnings Total Equity1.8B2.4B3.0B3.9B4.5B4.7B
Long Term Debt Total346.0M346.8M347.6M648.1M745.3M455.7M
Deferred Long Term Liab73.4M107.1M101.1M91.5M105.3M76.0M

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