What is the Return on Assets (ROA) of Cadence Design Systems this year?
The Return on Assets (ROA) of Cadence Design Systems is 0.18 undefined this year.
In 2024, Cadence Design Systems's return on assets (ROA) was 0.18, a 11.12% increase from the 0.17 ROA in the previous year.
In the annual report of the Cadence Design Systems share (US1273871087, 873567, CDNS), it breaks down its revenues into 5 segments: 1. Internet Protocol, 2. System Interconnect & Analysis, 3. Custom Integrated Circuit Design, 4. Digital Integrated Circuit Design, 5. Functional Verification, Emulation & Prototyping. The Cadence Design Systems stock (WKN: 873567, ISIN: US1273871087, Ticker Symbol: CDNS) is a leading investment for investors interested in participating in the Information Technology sector.
Cadence Design Systems's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Comparing Cadence Design Systems's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Investors consider Cadence Design Systems's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Variations in Cadence Design Systems’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
The Return on Assets (ROA) of Cadence Design Systems is 0.18 undefined this year.
The ROA of Cadence Design Systems has increased by 11.12% compared to the previous year.
A high ROA is advantageous for investors of Cadence Design Systems, as it indicates that the company efficiently utilizes its assets and generates good profits.
A low ROA can be unfavorable for investors of Cadence Design Systems as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
An increase in ROA of Cadence Design Systems can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of Cadence Design Systems can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of Cadence Design Systems include revenue, operating costs, asset structure, and industry average.
The ROA of Cadence Design Systems is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
To improve ROA, Cadence Design Systems can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
Over the past 12 months, Cadence Design Systems paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cadence Design Systems is expected to pay a dividend of 0 USD.
The current dividend yield of Cadence Design Systems is .
Cadence Design Systems pays a quarterly dividend. This is distributed in the months of .
Cadence Design Systems paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
Cadence Design Systems is assigned to the 'Information technology' sector.
To receive the latest dividend of Cadence Design Systems from 5/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/3/2024.
The last dividend was paid out on 5/3/2024.
In the year 2023, Cadence Design Systems distributed 0 USD as dividends.
The dividends of Cadence Design Systems are distributed in USD.
The Cadence Design Systems stock can be added to a savings plan with the following providers: Trade Republic and Consorsbank
Our stock analysis for Cadence Design Systems Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cadence Design Systems Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.