Cadence Design Systems Inc (CDNS) - Net Assets
Based on the latest financial reports, Cadence Design Systems Inc (CDNS) has net assets worth $6.56 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.10 Billion) and total liabilities ($5.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Cadence Design Systems Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.56 Billion |
| % of Total Assets | 54.23% |
| Annual Growth Rate | 21.23% |
| 5-Year Change | 99.74% |
| 10-Year Change | 637.99% |
| Growth Volatility | 123.57 |
Cadence Design Systems Inc - Net Assets Trend (1986–2025)
This chart illustrates how Cadence Design Systems Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Cadence Design Systems Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Cadence Design Systems Inc (1986–2025)
The table below shows the annual net assets of Cadence Design Systems Inc from 1986 to 2025. For live valuation and market cap data, see Cadence Design Systems Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $5.47 Billion | +17.13% |
| 2024-12-31 | $4.67 Billion | +37.29% |
| 2023-12-31 | $3.40 Billion | +24.01% |
| 2022-12-31 | $2.75 Billion | +0.16% |
| 2021-12-31 | $2.74 Billion | +9.93% |
| 2020-12-31 | $2.49 Billion | +18.55% |
| 2019-12-31 | $2.10 Billion | +63.22% |
| 2018-12-31 | $1.29 Billion | +30.25% |
| 2017-12-31 | $989.20 Million | +33.36% |
| 2016-12-31 | $741.77 Million | -46.10% |
| 2015-12-31 | $1.38 Billion | +3.19% |
| 2014-12-31 | $1.33 Billion | +15.35% |
| 2013-12-31 | $1.16 Billion | +26.33% |
| 2012-12-31 | $915.17 Million | +122.60% |
| 2011-12-31 | $411.13 Million | +40.58% |
| 2010-12-31 | $292.45 Million | +169.86% |
| 2009-12-31 | $108.37 Million | +6.28% |
| 2008-12-31 | $101.97 Million | -95.10% |
| 2007-12-31 | $2.08 Billion | +22.41% |
| 2006-12-31 | $1.70 Billion | -7.88% |
| 2005-12-31 | $1.84 Billion | +8.51% |
| 2004-12-31 | $1.70 Billion | +8.12% |
| 2003-12-31 | $1.57 Billion | -5.24% |
| 2002-12-31 | $1.66 Billion | +47.97% |
| 2001-12-31 | $1.12 Billion | +21.74% |
| 2000-12-31 | $921.08 Million | -6.60% |
| 1999-12-31 | $986.19 Million | +14.96% |
| 1998-12-31 | $857.86 Million | +17.96% |
| 1997-12-31 | $727.22 Million | +64.25% |
| 1996-12-31 | $442.75 Million | +202.74% |
| 1995-12-31 | $146.25 Million | -16.93% |
| 1994-12-31 | $176.06 Million | -14.57% |
| 1993-12-31 | $206.10 Million | -17.26% |
| 1992-12-31 | $249.10 Million | +24.49% |
| 1991-12-31 | $200.10 Million | +26.41% |
| 1990-12-31 | $158.30 Million | +52.65% |
| 1989-12-31 | $103.70 Million | +102.14% |
| 1988-12-31 | $51.30 Million | +104.38% |
| 1987-12-31 | $25.10 Million | +736.67% |
| 1986-12-31 | $3.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cadence Design Systems Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 262891.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.10 Billion | 129.71% |
| Total Equity | $5.47 Billion | 100.00% |
Cadence Design Systems Inc Competitors by Market Cap
The table below lists competitors of Cadence Design Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quanta Services Inc
NYSE:PWR
|
$107.94 Billion |
|
Crowdstrike Holdings Inc
NASDAQ:CRWD
|
$108.17 Billion |
|
Howmet Aerospace Inc
NYSE MKT:HWM
|
$108.25 Billion |
|
DBS GROUP ADR/4 SD 1
F:DEV
|
$109.87 Billion |
|
Bank of Nova Scotia
TO:BNS
|
$106.58 Billion |
|
BP p.l.c
MX:BPN
|
$106.11 Billion |
|
Lockheed Martin Corporation
NYSE:LMT
|
$106.03 Billion |
|
ServiceNow Inc
NYSE:NOW
|
$105.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cadence Design Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,673,578,000 to 5,474,181,000, a change of 800,603,000 (17.1%).
- Net income of 1,108,888,000 contributed positively to equity growth.
- Share repurchases of 925,034,000 reduced equity.
- New share issuances of 145,901,000 increased equity.
- Other comprehensive income increased equity by 190,448,000.
- Other factors increased equity by 280,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.11 Billion | +20.26% |
| Share Repurchases | $925.03 Million | -16.9% |
| Share Issuances | $145.90 Million | +2.67% |
| Other Comprehensive Income | $190.45 Million | +3.48% |
| Other Changes | $280.40 Million | +5.12% |
| Total Change | $- | 17.13% |
Book Value vs Market Value Analysis
This analysis compares Cadence Design Systems Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 19.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5401.72x to 19.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | $0.07 | $387.85 | x |
| 1987-12-31 | $0.55 | $387.85 | x |
| 1988-12-31 | $0.51 | $387.85 | x |
| 1989-12-31 | $0.78 | $387.85 | x |
| 1990-12-31 | $1.12 | $387.85 | x |
| 1991-12-31 | $2.56 | $387.85 | x |
| 1992-12-31 | $3.19 | $387.85 | x |
| 1993-12-31 | $2.64 | $387.85 | x |
| 1994-12-31 | $4.09 | $387.85 | x |
| 1995-12-31 | $2.16 | $387.85 | x |
| 1996-12-31 | $2.07 | $387.85 | x |
| 1997-12-31 | $3.13 | $387.85 | x |
| 1998-12-31 | $3.68 | $387.85 | x |
| 1999-12-31 | $4.20 | $387.85 | x |
| 2000-12-31 | $3.46 | $387.85 | x |
| 2001-12-31 | $4.37 | $387.85 | x |
| 2002-12-31 | $6.15 | $387.85 | x |
| 2003-12-31 | $5.89 | $387.85 | x |
| 2004-12-31 | $5.56 | $387.85 | x |
| 2005-12-31 | $5.87 | $387.85 | x |
| 2006-12-31 | $5.44 | $387.85 | x |
| 2007-12-31 | $7.04 | $387.85 | x |
| 2008-12-31 | $0.73 | $387.85 | x |
| 2009-12-31 | $0.42 | $387.85 | x |
| 2010-12-31 | $1.04 | $387.85 | x |
| 2011-12-31 | $1.52 | $387.85 | x |
| 2012-12-31 | $3.26 | $387.85 | x |
| 2013-12-31 | $3.92 | $387.85 | x |
| 2014-12-31 | $4.35 | $387.85 | x |
| 2015-12-31 | $4.41 | $387.85 | x |
| 2016-12-31 | $2.55 | $387.85 | x |
| 2017-12-31 | $3.53 | $387.85 | x |
| 2018-12-31 | $4.58 | $387.85 | x |
| 2019-12-31 | $7.50 | $387.85 | x |
| 2020-12-31 | $8.92 | $387.85 | x |
| 2021-12-31 | $9.83 | $387.85 | x |
| 2022-12-31 | $9.98 | $387.85 | x |
| 2023-12-31 | $12.48 | $387.85 | x |
| 2024-12-31 | $17.07 | $387.85 | x |
| 2025-12-31 | $20.03 | $387.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cadence Design Systems Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.94%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.85x
- Recent ROE (20.26%) is above the historical average (-9.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 50.00% | 9.04% | 0.98x | 5.63x | $1.20 Million |
| 1987 | 12.75% | 13.39% | 0.70x | 1.36x | $690.00K |
| 1988 | 25.54% | 19.52% | 0.90x | 1.46x | $7.97 Million |
| 1989 | 26.81% | 19.47% | 0.90x | 1.53x | $17.43 Million |
| 1990 | 24.01% | 16.42% | 0.99x | 1.48x | $22.17 Million |
| 1991 | -10.84% | -5.53% | 1.12x | 1.75x | $-41.71 Million |
| 1992 | 22.24% | 12.75% | 1.17x | 1.48x | $30.49 Million |
| 1993 | -6.21% | -3.47% | 1.09x | 1.65x | $-33.41 Million |
| 1994 | 20.82% | 8.54% | 1.19x | 2.05x | $19.04 Million |
| 1995 | 72.55% | 17.74% | 1.47x | 2.79x | $83.86 Million |
| 1996 | 6.56% | 3.92% | 1.03x | 1.62x | $-15.24 Million |
| 1997 | 23.31% | 18.50% | 0.89x | 1.41x | $96.76 Million |
| 1998 | 3.37% | 2.63% | 0.86x | 1.48x | $-62.80 Million |
| 1999 | -1.43% | -1.29% | 0.75x | 1.48x | $-112.69 Million |
| 2000 | 5.50% | 3.91% | 0.87x | 1.62x | $-40.97 Million |
| 2001 | 12.60% | 9.88% | 0.83x | 1.54x | $29.15 Million |
| 2002 | 4.38% | 5.56% | 0.53x | 1.48x | $-92.45 Million |
| 2003 | -1.12% | -1.57% | 0.40x | 1.79x | $-174.79 Million |
| 2004 | 4.38% | 6.22% | 0.40x | 1.76x | $-95.52 Million |
| 2005 | 2.67% | 3.71% | 0.39x | 1.84x | $-135.13 Million |
| 2006 | 8.39% | 9.61% | 0.43x | 2.03x | $-27.34 Million |
| 2007 | 14.24% | 18.34% | 0.42x | 1.86x | $88.25 Million |
| 2008 | -992.99% | -178.51% | 0.62x | 8.99x | $-1.87 Billion |
| 2009 | -138.29% | -17.58% | 0.60x | 13.02x | $-160.71 Million |
| 2010 | 51.45% | 15.21% | 0.55x | 6.17x | $114.67 Million |
| 2011 | 17.57% | 6.28% | 0.65x | 4.28x | $31.12 Million |
| 2012 | 48.07% | 33.17% | 0.58x | 2.50x | $348.43 Million |
| 2013 | 14.21% | 11.25% | 0.60x | 2.10x | $48.63 Million |
| 2014 | 11.92% | 10.05% | 0.49x | 2.41x | $25.54 Million |
| 2015 | 18.34% | 14.83% | 0.72x | 1.71x | $114.81 Million |
| 2016 | 27.38% | 11.18% | 0.87x | 2.83x | $128.91 Million |
| 2017 | 20.63% | 10.50% | 0.80x | 2.45x | $105.18 Million |
| 2018 | 26.84% | 16.17% | 0.87x | 1.92x | $216.94 Million |
| 2019 | 47.03% | 42.33% | 0.70x | 1.60x | $778.69 Million |
| 2020 | 23.69% | 22.02% | 0.68x | 1.58x | $341.34 Million |
| 2021 | 25.39% | 23.29% | 0.68x | 1.60x | $421.89 Million |
| 2022 | 30.93% | 23.84% | 0.69x | 1.87x | $574.44 Million |
| 2023 | 30.58% | 25.46% | 0.72x | 1.67x | $700.72 Million |
| 2024 | 22.58% | 22.74% | 0.52x | 1.92x | $588.13 Million |
| 2025 | 20.26% | 20.94% | 0.52x | 1.85x | $561.47 Million |
Industry Comparison
This section compares Cadence Design Systems Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $2,158,058,788
- Average return on equity (ROE) among peers: -0.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cadence Design Systems Inc (CDNS) | $6.56 Billion | 50.00% | 0.84x | $106.98 Billion |
| Adobe Systems Incorporated (ADBE) | $14.11 Billion | 39.42% | 1.14x | $83.80 Billion |
| ADEIA CORP (ADEA) | $643.40 Million | -4.70% | 0.09x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $1.49 Billion | 19.69% | 0.63x | $88.74 Billion |
| Autodesk Inc (ADSK) | $114.80 Million | 17.86% | 0.09x | $42.69 Billion |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $71.03 Million |
| Agilysys Inc (AGYS) | $123.47 Million | -3.05% | 0.50x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $10.70 Million | 0.00% | 0.35x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $21.04 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-15.77 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $5.09 Billion | -1.22% | 1.21x | $322.29 Million |
About Cadence Design Systems Inc
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping pl… Read more