Cadence Design Systems (LTS:0HS2) Tax Provision : $-282 Mil (TTM As of Sep. 2024)

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What is Cadence Design Systems Tax Provision?

Cadence Design Systems's tax provision for the three months ended in Sep. 2024 was $-95 Mil. Its tax provision for the trailing twelve months (TTM) ended in Sep. 2024 was $-282 Mil.

Cadence Design Systems Tax Provision Historical Data

The historical data trend for Cadence Design Systems's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cadence Design Systems Tax Provision Chart

Cadence Design Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Provision

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510.01

-42.10

-72.48

-196.41

-240.78

Cadence Design Systems Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Provision	Get a 7-Day Free Trial															-45.63	-38.16	-62.40	-86.19	-95.30

Cadence Design Systems Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-282 Mil.

Cadence Design Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cadence Design Systems Inc (LTS:0HS2) » Definitions » Tax Provision

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Address

2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134

Website

https://www.cadence.com

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

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