Cadence Design Systems (CDNS) Asset Writedowns and Impairment (2009 - 2024)
Cadence Design Systems (CDNS) posted Asset Writedowns and Impairment of $954000.0 for Q4 2024, up 87.06% on a QoQ basis from $510000.0 in Q3 2024, and down 41.58% year-over-year from $1.6 million in Q1 2024.
Cadence Design Systems (CDNS) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends
Cadence Design Systems' Asset Writedowns and Impairment history runs 13 years deep, the most recent figure standing at $954000.0 for 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 was $954000.0 for Q4 2024 at Cadence Design Systems, up from $510000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.6 million in Q4 2023 and bottomed at -$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 plunged 546.75% — and 2023, when it jumped 711.61%.
- Cadence Design Systems' Asset Writedowns and Impairment stood at $165000.0 in 2020, then tumbled by 53.33% to $77000.0 in 2021, then plunged by 446.75% to -$267000.0 in 2022, then soared by 711.61% to $1.6 million in 2023, then plunged by 41.58% to $954000.0 in 2024.
- Business Quant data shows CDNS's Asset Writedowns and Impairment at $954000.0 in Q4 2024, $510000.0 in Q3 2024, and $456000.0 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn |
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 |