Other

Withholding taxes

Cadence Design Systems Withholding taxes remained flat by 0.0% to $5.04M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 31.9%, from $3.83M to $5.04M. Over 3 years (FY 2021 to FY 2024), Withholding taxes shows a downward trend with a -5.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2024Feb 19, 2026

How to read this metric

An increase in withholding taxes may signal higher costs associated with moving capital back to the parent company.

Detailed definition

Represents the tax costs incurred when repatriating earnings or paying dividends across international borders. These tax...

Peer comparison

A standard line item for multinational corporations with complex global cash management.

Metric ID: other_income_tax_reconciliation_withholding_taxes

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value$23.50M$17.46M$15.30M$20.18M
YoY Change-25.7%-12.4%+31.9%
Range$15.30M$23.50M
CAGR-5.0%
Avg YoY Growth-2.1%
Median YoY Growth-12.4%

Frequently Asked Questions

What is Cadence Design Systems's withholding taxes?
Cadence Design Systems (CDNS) reported withholding taxes of $5.04M in Q4 2024.
How has Cadence Design Systems's withholding taxes changed year-over-year?
Cadence Design Systems's withholding taxes increased by 31.9% year-over-year, from $3.83M to $5.04M.
What is the long-term trend for Cadence Design Systems's withholding taxes?
Over 3 years (2021 to 2024), Cadence Design Systems's withholding taxes has grown at a -5.0% compound annual growth rate (CAGR), from $23.50M to $20.18M.
What does withholding taxes mean?
Taxes paid to foreign governments on cross-border payments like dividends or royalties.