Cadence Design Systems (CDNS) Asset Writedowns and Impairment (2009 - 2024)
Cadence Design Systems' (CDNS) quarterly Asset Writedowns and Impairment came in at $954000.0 in Q4 2024, down 41.58% YoY from $1.6 million in Q1 2024, and up 87.06% on a QoQ basis from $510000.0 in Q3 2024.
Cadence Design Systems (CDNS) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends
Cadence Design Systems (CDNS) has 13 years of Asset Writedowns and Impairment data on file, last reported at $954000.0 in Q4 2024.
- Quarterly Asset Writedowns and Impairment fell 41.58% year-over-year to $954000.0 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.1 million (down 37.5% YoY) and the FY2024 annual result came in at $2.1 million, down 37.5% from the prior year.
- Asset Writedowns and Impairment advanced to $954000.0 in Q4 2024, from $510000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.6 million in Q4 2023 to a low of -$562000.0 in Q1 2022.
- A 5-year average of $365235.3 and a median of $338000.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment sank 546.75% — and 2023, when it jumped 711.61%.
- Tracing CDNS's Asset Writedowns and Impairment over 5 years: stood at $165000.0 in 2020, then sank by 53.33% to $77000.0 in 2021, then slumped by 446.75% to -$267000.0 in 2022, then jumped by 711.61% to $1.6 million in 2023, then slumped by 41.58% to $954000.0 in 2024.
- The last three Asset Writedowns and Impairment figures came in at $954000.0 (Q4 2024), $510000.0 (Q3 2024), and $456000.0 (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Cadence Design Systems | 89.45 Bn | 88.01 Bn | 1.41 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 954,000.00 |
| Dec 31, 2024 | 954,000.00 |
| Sep 30, 2024 | 510,000.00 |
| Sep 30, 2024 | 510,000.00 |
| Jun 30, 2024 | 456,000.00 |
| Jun 30, 2024 | 456,000.00 |
| Mar 31, 2024 | 158,000.00 |
| Mar 31, 2024 | 158,000.00 |
| Dec 31, 2023 | 1.63 Mn |
| Dec 31, 2023 | 1.63 Mn |
| Sep 30, 2023 | 972,000.00 |
| Sep 30, 2023 | 972,000.00 |
| Jun 30, 2023 | 506,000.00 |
| Jun 30, 2023 | 506,000.00 |
| Mar 31, 2023 | 214,000.00 |
| Mar 31, 2023 | 214,000.00 |
| Dec 31, 2022 | -267,000.00 |
| Dec 31, 2022 | -267,000.00 |
| Oct 1, 2022 | 338,000.00 |
| Oct 1, 2022 | 338,000.00 |