Cerence Balance Sheet Health
Financial Health criteria checks 4/6
Cerence has a total shareholder equity of $694.9M and total debt of $276.0M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are $1.3B and $602.7M respectively.
Key information
39.7%
Debt to equity ratio
US$275.95m
Debt
Interest coverage ratio | n/a |
Cash | US$110.37m |
Equity | US$694.88m |
Total liabilities | US$602.72m |
Total assets | US$1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0S6's short term assets ($225.7M) exceed its short term liabilities ($148.1M).
Long Term Liabilities: 0S6's short term assets ($225.7M) do not cover its long term liabilities ($454.6M).
Debt to Equity History and Analysis
Debt Level: 0S6's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: 0S6's debt to equity ratio has increased from 0% to 39.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 0S6 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0S6 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 43.4% per year.