Cerence (CRNC) Long-Term Investments (2021 - 2024)
Cerence's (CRNC) quarterly Long-Term Investments came in at $2.6 million in Q4 2024, down 67.09% YoY from $7.8 million in Q1 2024, and down 26.09% on a QoQ basis from $3.5 million in Q3 2024.
Cerence (CRNC) Long-Term Investments (2021 - 2024) Analysis & Trends
Cerence (CRNC) has 4 years of Long-Term Investments data on file, last reported at $2.6 million in 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 retreated to $2.6 million in Q4 2024, from $3.5 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $15.7 million in Q1 2023 to a low of $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 tumbled 67.45%.
- Tracing CRNC's Long-Term Investments over 4 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 559.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 7.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.77 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.07 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.43 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 176.00 Mn |
| 10 | Cerence | 406.24 Mn | 278.63 Mn | 52.91 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 |