Cerence
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Cerence's balance sheet done over the years? Its assets were worth $702,358,000 last year, which is less than in the previous period. 80% of Cerence’s total assets is currently financed by debt. Its liabilities reached the amount of $561,261,000, which means an decrease by -7% compared compared to last year.
Debt to Assets
| 2016 | 1293040000 | 281.65M | 21.78% |
|---|---|---|---|
| 2017 | 1335752000 | 338.57M | 25.35% |
| 2018 | 1397548000 | 404.22M | 28.92% |
| 2019 | 1483829000 | 415.70M | 28.02% |
| 2020 | 1687445000 | 729.68M | 43.24% |
| 2021 | 1705728000 | 673.78M | 39.5% |
| 2022 | 1318493000 | 605.54M | 45.93% |
| 2023 | 1297590000 | 602.71M | 46.45% |
| 2024 | 702358000 | 561.26M | 79.91% |
CRNC Balance Sheet (2016 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 121.48M | 101.15M | 94.84M | 128.42M | 136.06M | 0 | 0 | 0 | 0 |
Short term investments | 5.50M | 9.21M | 20.31M | 30.43M | 11.66M | 0 | 0 | 0 | 0 |
Net receivables | 62.75M | 61.27M | 45.07M | 45.56M | 49.94M | 65.78M | 72.08M | 74.01M | 55.16M |
Inventory | 0 | 0 | -1 | 0 | 1 | 0 | 0 | 0 | 0 |
Other current assets | 75.76M | 7.41M | 67.28M | 82.62M | 51.47M | 26.53M | 10.88M | 6.78M | 3.99M |
Total current assets | 265.50M | 225.72M | 227.51M | 287.04M | 249.14M | 92.32M | 82.96M | 80.80M | 59.15M |
Non-current assets: | |||||||||
Property, Plant and Equipment | 43.01M | 45.97M | 52.40M | 46.40M | 49.62M | 20.11M | 13.40M | 13.30M | 15.57M |
Goodwill | 296.85M | 900.34M | 890.80M | 1.12B | 1.12B | 1.11B | 1.11B | 1.07B | 1.06B |
Intangible assets | 1.70M | 3.87M | 9.7M | 25.34M | 45.61M | 65.56M | 84.81M | 50.66M | 61.45M |
Long term investments | 0 | 10.60M | 11.58M | 7.33M | 38.16M | 32.42M | 44.23M | 48.28M | 39.61M |
Other non-current assets | 43.86M | 64.46M | 74.49M | 51.78M | 14.93M | 3.44M | 1.12M | 247K | 217K |
Total non-current assets | 436.84M | 1.07B | 1.09B | 1.41B | 1.43B | 1.39B | 1.31B | 1.25B | 1.23B |
Total assets | 702.35M | 1.29B | 1.31B | 1.70B | 1.68B | 1.48B | 1.39B | 1.33B | 1.29B |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 52.82M | 77.06M | 72.66M | 78.39M | 112.52M | 88.23M | 84.86M | 66.74M | 51.61M |
Short term debt | 87.09M | 5.87M | 16.00M | 10.81M | 11.95M | 19.05M | 1.47M | 0 | 21.11M |
Total current liabilities | 216.80M | 148.09M | 147.03M | 165.30M | 200.77M | 129.11M | 121.80M | 94.40M | 79.64M |
| Non-current liabilities: | |||||||||
Long term debt | 8.80M | 284.30M | 270.81M | 277.30M | 284.69M | -1.36M | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 335.65M | 24.78M | 21.72M | 5.90M | 1.77M | 21.53M | 18.63M | 10.73M | 10.21M |
Total non-current liabilities | 344.45M | 454.62M | 458.51M | 508.47M | 528.91M | 286.58M | 282.42M | 244.16M | 202.01M |
Total liabilities | 561.26M | 602.71M | 605.54M | 673.78M | 729.68M | 415.70M | 404.22M | 338.57M | 281.65M |
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