Cerence (CRNC) Long-Term Investments (2021 - 2024)
Cerence posted quarterly Long-Term Investments of $2.6 million for Q4 2024, down 67.09% year-on-year from $7.8 million in Q1 2024, and down 26.09% on a QoQ basis from $3.5 million in Q3 2024.
Cerence (CRNC) has 4 years of Long-Term Investments data on file, last reported 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.
- Across five years, Long-Term Investments topped out at $15.7 million in Q1 2023 and bottomed at $2.6 million in Q4 2024.
- The 4-year median for Long-Term Investments is $7.7 million (2021), against an average of $8.4 million.
- The widest annual swing landed in 2023, when Long-Term Investments surged 251.72%; it then sank 67.45% in 2024.
- A 4-year view of Long-Term Investments shows it stood at $7.7 million in 2021, then soared by 69.25% to $13.1 million in 2022, then tumbled by 40.65% to $7.8 million in 2023, then plunged 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 7.59 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 268.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 708.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.74 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 176.00 Mn |
| 10 | Cerence | 494.35 Mn | 386.09 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 |