Cerence (CRNC) Long-Term Investments (2021 - 2024)

Cerence (CRNC) posted Long-Term Investments of $2.6 million for Q4 2024, down 26.09% on a QoQ basis from $3.5 million in Q3 2024, and down 67.09% year-over-year from $7.8 million in Q1 2024.

Cerence (CRNC) Long-Term Investments (2021 - 2024) Analysis & Trends

Cerence's Long-Term Investments history runs 4 years deep, the most recent figure standing at $2.6 million for Q4 2024.

  • Quarterly Long-Term Investments fell 67.09% year-over-year to $2.6 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.6 million (down 67.09% YoY) and the FY2024 annual result came in at $3.5 million, down 67.45% from the prior year.
  • Long-Term Investments was $2.6 million for Q4 2024 at Cerence, down from $3.5 million in the prior quarter.
  • Across five years, Long-Term Investments topped out at $15.7 million in Q1 2023 and bottomed at $2.6 million in Q4 2024.
  • A 4-year average of $8.4 million and a median of $7.7 million in 2021 frame the typical range for Long-Term Investments.
  • Annual changes were most pronounced in 2023 — Long-Term Investments surged 251.72% — and 2024, when it slumped 67.45%.
  • Cerence's Long-Term Investments stood at $7.7 million in 2021, then jumped by 69.25% to $13.1 million in 2022, then slumped by 40.65% to $7.8 million in 2023, then tumbled by 67.09% to $2.6 million in 2024.
  • Business Quant data shows CRNC's Long-Term Investments at $2.6 million in Q4 2024, $3.5 million in Q3 2024, and $5.3 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 154.84 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 708.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 268.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 7.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.07 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.43 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 Cerence 397.29 Mn 289.03 Mn 47.30 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 2.55 Mn
Sep 30, 2024 3.45 Mn
Jun 30, 2024 5.34 Mn
Mar 31, 2024 6.71 Mn
Dec 31, 2023 7.76 Mn
Sep 30, 2023 10.61 Mn
Jun 30, 2023 13.19 Mn
Mar 31, 2023 15.68 Mn
Dec 31, 2022 13.07 Mn
Sep 30, 2022 11.58 Mn
Jun 30, 2022 8.78 Mn
Mar 31, 2022 4.46 Mn
Dec 31, 2021 7.72 Mn
Sep 30, 2021 7.34 Mn
Jun 30, 2021 7.35 Mn