CDNS

Cadence Design Systems

Halal Rating :
Comfortable
Last Price $301.56 Last updated:
Market Cap $73.64b
7D Change -1.69%
1 Year Change 9.43%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Services
  • Computer Software
  • Services – Computer Programming And Data Processing
Exchange NASDAQ
Next Earnings Date Oct. 21, 2024

Cadence Design Systems is a leading provider of electronic design automation (EDA) software, hardware, IP, and services. The company develops software, hardware, and silicon intellectual property (IP) that is used to design and verify advanced semiconductors, electronic devices, and integrated circuits. Their solutions enable customers to develop electronic products across various end markets including mobile, consumer, automotive, aerospace, industrial, and healthcare sectors.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $1.22b $889.94m - $24.5m 0.00% 2.75%
June 30, 2024 $1.06b $779.71m - $12.9m 0.00% 1.66%
March 31, 2024 $1.01b $767.84m - $8.69m 0.00% 1.13%

Company Impact

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