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% 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.
Analysis
Cerence (CRNC) Long-Term Investments (2021 - 2024) Analysis & Trends
Cerence (CRNC) has reported Long-Term Investments for 4 consecutive years, with $2.6 million the latest figure, recorded 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 declined to $2.6 million in Q4 2024 per CRNC's latest filing, 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.
- Historically, Long-Term Investments has averaged $8.4 million across 4 years, with a median of $7.7 million in 2021.
- The sharpest annual moves came in 2023 and 2024: Long-Term Investments soared 251.72% in 2023, then plunged 67.45% in 2024.
- Over 4 years, 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.
- According to Business Quant data, Long-Term Investments over the past three periods registered $2.6 million, $3.5 million, and $5.3 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackberry | 4.51 Bn | 4.16 Bn | 119.70 Mn | 57.80 Mn |
| 2 | Cerence | 385.45 Mn | 257.85 Mn | 52.91 Mn | - |
Historic Data
Download Data
Historic 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 |