Cerence Balance Sheet Health
Financial Health criteria checks 3/6
Cerence has a total shareholder equity of $120.7M and total debt of $256.2M, which brings its debt-to-equity ratio to 212.2%. Its total assets and total liabilities are $617.5M and $496.8M respectively.
Key information
212.2%
Debt to equity ratio
US$256.16m
Debt
| Interest coverage ratio | n/a |
| Cash | US$107.99m |
| Equity | US$120.70m |
| Total liabilities | US$496.83m |
| Total assets | US$617.53m |
Recent financial health updates
Is Cerence (NASDAQ:CRNC) A Risky Investment?
Feb 10
These 4 Measures Indicate That Cerence (NASDAQ:CRNC) Is Using Debt Extensively
Nov 12Does Cerence (NASDAQ:CRNC) Have A Healthy Balance Sheet?
Aug 05Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly
Apr 09Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt
Nov 16Cerence (NASDAQ:CRNC) Is Carrying A Fair Bit Of Debt
Aug 18Recent updates
Is Cerence (NASDAQ:CRNC) A Risky Investment?
Feb 10Cerence: Making Tough Calls Brings In The Money
Jan 27Cerence: Navigating AI Innovation In A Challenging Automotive Landscape
Jan 20Cerence: Don't Get Lost In The AI Hype--The Ground Reality Is Underwhelming
Jan 13Cerence's Nvidia Partnership Is Big - An Industry Peer Shows Proof
Jan 06There's No Escaping Cerence Inc.'s (NASDAQ:CRNC) Muted Revenues Despite A 133% Share Price Rise
Jan 06A Look At The Intrinsic Value Of Cerence Inc. (NASDAQ:CRNC)
Jan 05Cerence Stock: Persistent Risks Remain Despite Positive Q4 Earnings Results
Nov 22Cerence Inc.'s (NASDAQ:CRNC) Price Is Right But Growth Is Lacking After Shares Rocket 105%
Nov 22These 4 Measures Indicate That Cerence (NASDAQ:CRNC) Is Using Debt Extensively
Nov 12Investors Will Want Cerence's (NASDAQ:CRNC) Growth In ROCE To Persist
Oct 17Cerence Inc. (NASDAQ:CRNC) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Sep 21Does Cerence (NASDAQ:CRNC) Have A Healthy Balance Sheet?
Aug 05Cerence: Near-Term Uncertainties Have Dimmed Its Promising Growth Outlook
Jul 26Cerence (NASDAQ:CRNC) Is Looking To Continue Growing Its Returns On Capital
Jul 03Revenues Working Against Cerence Inc.'s (NASDAQ:CRNC) Share Price Following 43% Dive
Jun 10An Intrinsic Calculation For Cerence Inc. (NASDAQ:CRNC) Suggests It's 48% Undervalued
May 31The Market Doesn't Like What It Sees From Cerence Inc.'s (NASDAQ:CRNC) Revenues Yet As Shares Tumble 35%
Apr 26Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly
Apr 09Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns
Mar 13Cerence: Poised For Rebound With Strong Pipeline
Mar 05Cerence Inc.'s (NASDAQ:CRNC) Shares Lagging The Industry But So Is The Business
Jan 04Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt
Nov 16Cerence (NASDAQ:CRNC) Is Carrying A Fair Bit Of Debt
Aug 18Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt
May 10Are Investors Undervaluing Cerence Inc. (NASDAQ:CRNC) By 43%?
Apr 03Cerence's (NASDAQ:CRNC) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jan 27Financial Position Analysis
Short Term Liabilities: CRNC's short term assets ($200.1M) exceed its short term liabilities ($152.0M).
Long Term Liabilities: CRNC's short term assets ($200.1M) do not cover its long term liabilities ($344.8M).
Debt to Equity History and Analysis
Debt Level: CRNC's net debt to equity ratio (122.8%) is considered high.
Reducing Debt: CRNC's debt to equity ratio has increased from 26.8% to 212.2% 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 CRNC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CRNC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 42.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/10 03:00 |
| End of Day Share Price | 2025/02/10 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cerence Inc. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Filatov | Berenberg |
| Jeffrey Van Rhee | Craig-Hallum Capital Group LLC |
| Christopher McNally | Evercore ISI |