Synopsys Inc

SNPS
Passed

Company Overview

Synopsys, Inc. engages in the provision of electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs). It also offers semiconductor intellectual property (IP) products. It operates through the following segments: EDA, Design IP, Software Integrity, and Other. The EDA segment includes silicon design, verification products and services, system integration products and services, digital, custom, and FPGA IC design software, verification software and hardware products, and manufacturing software products. The Software Integrity segment includes a solution for building security and compliance testing into the customers' software development lifecycle and supply chain. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Sunnyvale, CA.

Country
US
Market Cap
$71.25B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.00% passed
5% Threshold
0.0%
Liabilities Compliance
0.97% passed
33% Threshold
1.0%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Synopsys Inc
Ticker SNPS
Main Business Software - Infrastructure
Type Common Stock
Industry Software - Infrastructure
Country US
Market Cap $71.25 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Design Automation $3,780.0 $0.0 -
Design Intellectual Property (IP) $1,540.0 $0.0 -
Software Integrity $524.6 $0.0 -
Interest income $0.0 $0.0 -
Total $5,844.6 $0.0 0.00% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $85,690,000.0 0.12%
long term debt and capital lease obligation $602,110,000.0 0.85%
Total Interest-Bearing Debt $687,800,000.0 0.97%
Market Capitalization $71,252,105,200.0 100.00%
Compliance Status Threshold: 33% passed