Cadence Design Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Cash & Equivalents	2,753	2,644	1,008	882.33	1,089	928.43
Short-Term Investments	176.79	140.63	130.36	4.49	5.96	4.45
Cash & Short-Term Investments	2,930	2,785	1,139	886.82	1,095	932.88
Cash Growth	-0.38%	144.59%	28.38%	-19.00%	17.37%	31.43%
Receivables	846.38	680.46	489.22	509.48	344.41	348.2
Inventory	286.19	257.71	181.66	128.01	115.72	75.96
Prepaid Expenses	224.42	293.25	166.82	112.97	75.43	66.19
Other Current Assets	-	-	-	69.5	85.32	55.37
Total Current Assets	4,287	4,016	1,976	1,707	1,716	1,479
Property, Plant & Equipment	494.7	604.39	554.01	541.83	436.04	444.48
Long-Term Investments	128.9	124.09	138.32	120	127.5	132.23
Goodwill	2,645	2,379	1,536	1,374	928.36	782.09
Other Intangible Assets	672.51	594.73	336.84	354.62	233.27	210.59
Long-Term Deferred Tax Assets	892.57	982.06	880	853.69	763.77	732.29
Long-Term Deferred Charges	-	-	-	-	43.9	36.7
Other Long-Term Assets	478.64	274.47	248.25	185.9	137.7	133.83
Total Assets	9,599	8,974	5,669	5,137	4,386	3,951
Accounts Payable	87.35	5.56	91.19	47.11	-	-
Accrued Expenses	543.93	585.58	443.75	418.74	327.9	316.03
Short-Term Debt	-	-	-	100	-	-
Current Portion of Long-Term Debt	-	-	349.29	-	-	-
Current Portion of Leases	-	41.55	41.62	36.74	25.27	33.92
Current Unearned Revenue	775.28	737.41	665.02	745.11	618.06	446.86
Total Current Liabilities	1,407	1,370	1,591	1,348	971.23	796.81
Long-Term Debt	2,479	2,476	299.77	648.08	347.59	346.79
Long-Term Leases	-	108.89	115.36	139.34	107.12	113.92
Long-Term Unearned Revenue	130.06	115.17	98.93	91.52	101.15	107.06
Other Long-Term Liabilities	384.51	230.56	160.29	165.32	118.54	93.19
Total Liabilities	4,400	4,301	2,265	2,392	1,646	1,458
Common Stock	4,605	4,182	3,167	2,766	2,468	2,218
Retained Earnings	6,713	5,992	4,936	3,895	3,046	2,350
Treasury Stock	-6,126	-5,310	-4,604	-3,824	-2,740	-2,058
Comprehensive Income & Other	7.3	-190.45	-94.75	-91.64	-33.31	-17.43
Shareholders' Equity	5,199	4,674	3,404	2,745	2,741	2,493
Total Liabilities & Equity	9,599	8,974	5,669	5,137	4,386	3,951
Total Debt	2,479	2,627	806.03	924.15	479.98	494.63
Net Cash (Debt)	450.9	158.03	332.48	-37.34	614.92	438.26
Net Cash Growth	288.37%	-52.47%	-	-	40.31%	72.91%
Net Cash Per Share	1.65	0.58	1.22	-0.14	2.21	1.57
Filing Date Shares Outstanding	272.2	274.11	272.24	272.94	277.34	278.97
Total Common Shares Outstanding	272.2	273.85	271.71	272.68	276.8	278.94
Working Capital	2,880	2,646	385.35	359.07	744.54	681.78
Book Value Per Share	19.10	17.07	12.53	10.07	9.90	8.94
Tangible Book Value	1,882	1,700	1,532	1,016	1,579	1,500
Tangible Book Value Per Share	6.91	6.21	5.64	3.73	5.70	5.38
Land	-	57.69	56.64	56.61	55.84	55.85
Buildings	-	137.78	131.88	131.95	126.56	126.67
Machinery	-	918.92	821.68	761.75	704.47	682.63
Construction In Progress	-	14.88	17.94	21.67	13.83	10.77
Leasehold Improvements	-	245.67	211.85	176.41	137.78	129.16

Source: S&P Global Market Intelligence. Standard template. Financial Sources.