Synopsys Inc financial data

Symbol
SNPS on Nasdaq
Industry
Services-Prepackaged Software
Location
675 Almanor Ave, Sunnyvale, California
State of incorporation
Delaware
Fiscal year end
October 31
Latest financial report
Q1 2024 - May 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 136 % +21.1%
Quick Ratio 12.6 % +49.6%
Debt-to-equity 60.7 % -10.6%
Return On Equity 22 % +35%
Return On Assets 13.6 % +41.2%
Operating Margin 22.9 % +30.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 153M shares +0.69%
Common Stock, Shares, Outstanding 153M shares +0.63%
Entity Public Float 46.4B USD +44.1%
Common Stock, Value, Issued 1.53M USD +0.59%
Weighted Average Number of Shares Outstanding, Basic 153M shares +0.52%
Weighted Average Number of Shares Outstanding, Diluted 156M shares +0.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.08B USD +20.9%
Revenue from Contract with Customer, Excluding Assessed Tax 6.32B USD +22.6%
Cost of Revenue 1.32B USD +21.4%
Research and Development Expense 2.07B USD +12.8%
Selling and Marketing Expense 971M USD +21.5%
General and Administrative Expense 481M USD +26.4%
Operating Income (Loss) 1.41B USD +41.3%
Nonoperating Income (Expense) 120M USD +386%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.53B USD +49.6%
Income Tax Expense (Benefit) 113M USD +1.45%
Net Income (Loss) Attributable to Parent 1.43B USD +55%
Earnings Per Share, Basic 9.37 USD/shares +55.4%
Earnings Per Share, Diluted 9.18 USD/shares +55.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.5B USD -2.7%
Cash, Cash Equivalents, and Short-term Investments 1.66B USD -2.11%
Accounts Receivable, after Allowance for Credit Loss, Current 835M USD +7.06%
Inventory, Net 378M USD +47.4%
Assets, Current 4.65B USD +47.2%
Deferred Income Tax Assets, Net 1B USD +29.7%
Property, Plant and Equipment, Net 567M USD +3.73%
Operating Lease, Right-of-Use Asset 528M USD -8.45%
Intangible Assets, Net (Excluding Goodwill) 277M USD -22.5%
Goodwill 3.43B USD -11.9%
Other Assets, Noncurrent 555M USD +14%
Assets 11B USD +12.5%
Accounts Payable, Current 92.3M USD +9.36%
Employee-related Liabilities, Current 399M USD +6.47%
Contract with Customer, Liability, Current 1.46B USD -26%
Liabilities, Current 2.51B USD -8.74%
Contract with Customer, Liability, Noncurrent 308M USD +60.9%
Operating Lease, Liability, Noncurrent 543M USD -8.19%
Other Liabilities, Noncurrent 447M USD +22%
Liabilities 3.82B USD -2.42%
Accumulated Other Comprehensive Income (Loss), Net of Tax -188M USD -28.8%
Retained Earnings (Accumulated Deficit) 7.48B USD +23.1%
Stockholders' Equity Attributable to Parent 7.15B USD +22.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.16B USD +22.6%
Liabilities and Equity 11B USD +12.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -87.8M USD -177%
Net Cash Provided by (Used in) Financing Activities -187M USD +50.3%
Net Cash Provided by (Used in) Investing Activities -54.4M USD -50.1%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -320M USD -21.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.51B USD -2.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 996K USD -20.8%
Deferred Tax Assets, Valuation Allowance 229M USD +15.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.29B USD +21.8%
Operating Lease, Liability 628M USD -6.27%
Depreciation 145M USD +34.7%
Payments to Acquire Property, Plant, and Equipment 40.4M USD -7.15%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.38B USD +56%
Lessee, Operating Lease, Liability, to be Paid 700M USD -6.3%
Property, Plant and Equipment, Gross 1.5B USD +11.2%
Operating Lease, Liability, Current 84.6M USD +8.32%
Lessee, Operating Lease, Liability, to be Paid, Year Two 103M USD -4.12%
Lessee, Operating Lease, Liability, to be Paid, Year One 46.2M USD +27.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -211M USD -472%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 72M USD -6.56%
Lessee, Operating Lease, Liability, to be Paid, Year Three 95.9M USD -1.33%
Deferred Tax Assets, Operating Loss Carryforwards 62.8M USD +5.06%
Deferred Federal Income Tax Expense (Benefit) -193M USD -358%
Current Income Tax Expense (Benefit) 295M USD +69.4%
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 74.4M USD -8.41%
Lessee, Operating Lease, Liability, to be Paid, Year Four 92.6M USD +7.25%
Operating Lease, Payments 24.2M USD +14.8%
Additional Paid in Capital 1.18B USD -11.1%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 22.2M USD -4.35%
Current Federal Tax Expense (Benefit) 245M USD +132%
Amortization of Intangible Assets 114M USD +22.5%
Depreciation, Depletion and Amortization 62.9M USD +9.76%
Deferred Tax Assets, Net of Valuation Allowance 1.06B USD +23.3%
Share-based Payment Arrangement, Expense 644M USD +21.4%
Deferred State and Local Income Tax Expense (Benefit) -1.84M USD -221%
Interest Expense 2.24M USD +53.1%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%