Cerence (CRNC) Debt Ratio (2019 - 2026)
Cerence's (CRNC) Debt Ratio came in at 0.28 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 10.5% from 0.31 a year earlier and down 0.2% from the prior quarter.
Cerence (CRNC) Debt Ratio (2019 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Cerence's Debt Ratio stood at 0.32, down 21.1% from FY2024.
- In prior fiscal years, Cerence's Debt Ratio was 0.40 in FY2024 (+88.7%), 0.21 in FY2023 (+3.7%), 0.21 in FY2022 (+28.9%) and 0.16 in FY2021 (-1.7%).
- The fiscal Q3 2026 figure stands as the lowest quarterly Debt Ratio since fiscal Q1 2024.
- On a year-over-year basis, Debt Ratio has declined in each of the last five quarters, with growth averaging 12.4% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was fiscal Q3 2024, with growth of 95.4%; the weakest was fiscal Q1 2026, with a decline of 31.2%.
- According to Business Quant data, Debt Ratio for the three prior fiscal quarters was 0.28 (Q2 2026), 0.29 (Q1 2026) and 0.32 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 0.06 |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 0.05 |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 0.23 |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | - |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.15 |
| 10 | Cerence | 352.47 Mn | 346.49 Mn | 52.91 Mn | 0.28 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 0.21 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.16 |
Cerence Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CRNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CRNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CRNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();