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| 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 |