Cerence (CRNC) Long-Term Investments (2021 - 2024)
Cerence (CRNC) reported Long-Term Investments of $2.6 million for Q4 2024, down 67.09% on a YoY basis from $7.8 million in Q1 2024, and down 26.09% quarter-over-quarter from $3.5 million in Q3 2024.
Cerence (CRNC) Long-Term Investments (2021 - 2024) Analysis & Trends
Cerence has reported Long-Term Investments for 4 years, with the latest figure at $2.6 million in Q4 2024.
- For the quarter ending Q4 2024, Long-Term Investments fell 67.09% year-over-year to $2.6 million; the trailing twelve-month figure through Dec 2024 stood at $2.6 million (down 67.09% YoY), and the FY2024 full-year result was $3.5 million, down 67.45% from the prior year.
- Long-Term Investments for Q4 2024 stood at $2.6 million, down from $3.5 million in the prior quarter.
- The five-year high for Long-Term Investments was $15.7 million in Q1 2023, with the low at $2.6 million in Q4 2024.
- Historically, Long-Term Investments has averaged $8.4 million across 4 years, with a median of $7.7 million in 2021.
- Annual changes were most pronounced in 2023 — Long-Term Investments surged 251.72% — and 2024, when it tumbled 67.45%.
- Cerence's Long-Term Investments stood at $7.7 million in 2021, then surged by 69.25% to $13.1 million in 2022, then plunged by 40.65% to $7.8 million in 2023, then sank by 67.09% to $2.6 million in 2024.
- The last three Long-Term Investments figures came in at $2.6 million (Q4 2024), $3.5 million (Q3 2024), and $5.3 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 154.84 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 268.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 708.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 7.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | - |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 1.74 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | - |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | - |
| 10 | Cerence | 461.49 Mn | 353.23 Mn | 47.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |