Cadence Fixed Asset Turnover from 2010 to 2024

CDNS Stock  USD 280.35  10.66  3.95%   
Cadence Design Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 4.32 in 2024. From the period from 2010 to 2024, Cadence Design Fixed Asset Turnover quarterly data regression had r-value of  0.18 and coefficient of variation of  28.53. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.38251295
Current Value
4.32
Quarterly Volatility
2.36791633
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cadence Design financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cadence Design's main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.5 M, Interest Expense of 38 M or Selling General Administrative of 152.6 M, as well as many indicators such as Price To Sales Ratio of 18.84, Dividend Yield of 7.0E-4 or PTB Ratio of 22.63. Cadence financial statements analysis is a perfect complement when working with Cadence Design Valuation or Volatility modules.
  
Check out the analysis of Cadence Design Correlation against competitors.

Latest Cadence Design's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Cadence Design Systems over the last few years. It is Cadence Design's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cadence Design's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Cadence Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.30
Geometric Mean7.87
Coefficient Of Variation28.53
Mean Deviation1.93
Median9.77
Standard Deviation2.37
Sample Variance5.61
Range6.4594
R-Value0.18
Mean Square Error5.85
R-Squared0.03
Significance0.53
Slope0.09
Total Sum of Squares78.50

Cadence Fixed Asset Turnover History

2024 4.32
2023 7.38
2022 9.59
2016 7.61
2012 9.77
2011 4.38
2010 3.31

About Cadence Design Financial Statements

Cadence Design shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Cadence Design investors may analyze each financial statement separately, they are all interrelated. The changes in Cadence Design's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cadence Design's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.38  4.32 

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Additional Tools for Cadence Stock Analysis

When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.