CADENCE DESIGN SYSTEMS, INC. (CDNS) FY2024 YTD Q3 Statement of Cash Flows
2024-01-01 to 2024-09-30
Statement of Cash Flows
2024-01-01 to 2024-09-30
Swipe to see the full flow
Chart details
CADENCE DESIGN SYSTEMS, INC. cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024
Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.
- Beginning cash on Dec 31, 2023
- 1,008,152,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- Operating activities
- 819,192,000 US dollars. Net cash provided.
- Net income
- 715,274,000 US dollars
- Depreciation and amortization
- 142,252,000 US dollars
- Amortization of debt discount and fees
- 2,381,000 US dollars
- Stock-based compensation
- 284,711,000 US dollars
- Gain on investments, net
- negative 64,458,000 US dollars
- Deferred income taxes
- negative 5,082,000 US dollars
- Provisions for losses on receivables
- 1,124,000 US dollars
- ROU asset amortization and change in operating lease liabilities
- negative 1,100,000 US dollars
- Other non-cash items
- 309,000 US dollars
- Receivables
- negative 44,766,000 US dollars
- Inventories
- negative 139,179,000 US dollars
- Prepaid expenses and other
- negative 114,785,000 US dollars
- Other assets
- negative 8,759,000 US dollars
- Accounts payable and accrued liabilities
- 21,858,000 US dollars
- Deferred revenue
- 6,680,000 US dollars
- Other long-term liabilities
- 22,732,000 US dollars
- Investing activities
- negative 797,106,000 US dollars. Net cash used.
- Purchases of investments
- negative 2,095,000 US dollars
- Proceeds from the sale and maturity of investments
- 45,656,000 US dollars
- Purchases of property, plant and equipment
- negative 105,340,000 US dollars
- Cash paid in business combinations, net of cash acquired
- negative 735,327,000 US dollars
- Financing activities
- 1,750,379,000 US dollars. Net cash provided.
- Payment of term loans
- negative 1,000,000,000 US dollars
- Payment of debt issuance costs
- negative 22,669,000 US dollars
- Proceeds from issuance of common stock
- 193,933,000 US dollars
- Payments for repurchases of common stock
- negative 400,018,000 US dollars
- Proceeds from issuance of debt
- 3,196,595,000 US dollars
- Payments on revolving credit facility
- 0 US dollars
- Proceeds from revolving credit facility
- 0 US dollars
- Stock received for payment of employee taxes on vesting of restricted stock
- negative 217,462,000 US dollars
- Operating adjustment reconciliation
- 482,047,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- financing gross reconciliation
- 3,390,528,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- investing gross reconciliation
- 842,762,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- Exchange-rate effect
- 5,423,000 US dollars
- Ending cash on Sep 30, 2024
- 2,786,040,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- Cash sources and uses
- 3,583,146,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- Net cash change
- 1,777,888,000 US dollars. Ending cash minus beginning cash.
- Cash flow / Net income
- 1.15×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- Operating cash flow
- 819,192,000 US dollars. Operating cash flow used in the free cash flow calculation.
- Cash purchases of property, plant and equipment
- 105,340,000 US dollars. These cash purchases are already included in investing activities above.
- Free cash flow
- 713,852,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.
Chart connections
- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $103.92M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 819,192,000 US dollars minus 105,340,000 US dollars equals 713,852,000 US dollars.
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG
Product waitlist
Health Check and Teardown for your own company
A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!