Cadence Design Systems (CDNS) Statistics

Cadence Design Systems Inc (CDNS) is a leading provider of electronic design automation (EDA) software and engineering services. As of the most recent data, CDNS has a market capitalization of $40.56 billion. The company's stock has been performing well, with a 52-week high of $123.38 and a 52-week low of $84.64. CDNS has a forward price-to-earnings ratio of 49.21, indicating potential future growth. Its price-to-sales ratio stands at 17.18, while the price-to-book ratio is 24.05. With a current ratio of 1.45, the company has the ability to meet its short-term obligations. CDNS has shown consistent revenue growth, with a revenue per share of $4.17.

In terms of valuation metrics, CDNS appears to be fairly valued. Its enterprise value-to-EBITDA ratio is 41.29, indicating that the company is generating a healthy level of earnings relative to its enterprise value. CDNS has a profit margin of 24.68%, which is above the industry average. However, it is important to note that CDNS carries a significant amount of total debt, with a total debt-to-equity ratio of 1.35. This could pose a potential risk to the company's financial stability. On a positive note, CDNS has a strong gross profit margin of 87.42%, indicating efficient operations and cost management.