Cerence Short Term Debt vs Capital Surpluse Analysis

CRNC Stock  USD 7.20  0.02  0.28%   
Cerence financial indicator trend analysis is way more than just evaluating Cerence prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cerence is a good investment. Please check the relationship between Cerence Short Term Debt and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerence. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.

Short Term Debt vs Capital Surpluse

Short Term Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cerence Short Term Debt account and Capital Surpluse. At this time, the significance of the direction appears to have pay attention.
The correlation between Cerence's Short Term Debt and Capital Surpluse is -0.93. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Cerence, assuming nothing else is changed. The correlation between historical values of Cerence's Short Term Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Cerence are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Short Term Debt i.e., Cerence's Short Term Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Debt

Capital Surpluse

Most indicators from Cerence's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cerence current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerence. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 14.4 M, whereas Tax Provision is forecasted to decline to about 3.3 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization23.9M16.0M10.6M18.2M
Interest Income1.0M4.5M5.4M5.6M

Cerence fundamental ratios Correlations

0.29-0.090.730.050.540.480.85-0.110.41-0.180.79-0.510.30.0-0.660.2-0.510.020.42-0.760.38-0.130.580.030.25
0.290.81-0.270.760.770.1-0.050.40.73-0.34-0.160.30.820.62-0.340.850.490.750.280.08-0.40.7-0.27-0.71-0.45
-0.090.81-0.630.850.620.17-0.420.660.77-0.17-0.540.70.840.840.070.910.790.920.380.42-0.690.89-0.53-0.62-0.82
0.73-0.27-0.63-0.52-0.060.270.97-0.54-0.20.150.99-0.9-0.37-0.48-0.65-0.45-0.95-0.550.01-0.890.8-0.590.80.420.7
0.050.760.85-0.520.530.34-0.310.890.67-0.51-0.410.710.940.82-0.050.950.690.960.450.21-0.830.97-0.7-0.56-0.85
0.540.770.62-0.060.530.420.160.270.78-0.040.040.140.750.41-0.180.740.260.530.27-0.12-0.170.40.11-0.63-0.4
0.480.10.170.270.340.420.40.40.390.020.340.030.410.1-0.050.36-0.170.270.24-0.5-0.130.30.08-0.01-0.42
0.85-0.05-0.420.97-0.310.160.4-0.380.00.10.99-0.82-0.13-0.31-0.74-0.22-0.85-0.350.12-0.930.69-0.40.740.250.53
-0.110.40.66-0.540.890.270.4-0.380.4-0.4-0.440.790.790.70.080.780.610.850.420.18-0.870.88-0.79-0.43-0.89
0.410.730.77-0.20.670.780.390.00.4-0.27-0.140.370.790.73-0.040.820.480.740.620.15-0.410.6-0.1-0.25-0.56
-0.18-0.34-0.170.15-0.51-0.040.020.1-0.4-0.270.14-0.28-0.41-0.430.04-0.35-0.32-0.39-0.41-0.130.39-0.370.380.020.21
0.79-0.16-0.540.99-0.410.040.340.99-0.44-0.140.14-0.86-0.25-0.43-0.72-0.34-0.92-0.460.03-0.940.74-0.490.750.30.62
-0.510.30.7-0.90.710.140.03-0.820.790.37-0.28-0.860.590.640.530.640.920.760.340.7-0.930.76-0.85-0.36-0.85
0.30.820.84-0.370.940.750.41-0.130.790.79-0.41-0.250.590.77-0.160.990.580.930.550.07-0.690.86-0.47-0.61-0.76
0.00.620.84-0.480.820.410.1-0.310.70.73-0.43-0.430.640.77-0.020.820.690.880.620.37-0.650.81-0.51-0.31-0.74
-0.66-0.340.07-0.65-0.05-0.18-0.05-0.740.08-0.040.04-0.720.53-0.16-0.02-0.10.52-0.04-0.210.74-0.360.0-0.30.15-0.35
0.20.850.91-0.450.950.740.36-0.220.780.82-0.35-0.340.640.990.82-0.10.660.960.520.17-0.710.9-0.51-0.64-0.8
-0.510.490.79-0.950.690.26-0.17-0.850.610.48-0.32-0.920.920.580.690.520.660.740.230.84-0.850.73-0.77-0.44-0.77
0.020.750.92-0.550.960.530.27-0.350.850.74-0.39-0.460.760.930.88-0.040.960.740.570.29-0.820.96-0.67-0.52-0.85
0.420.280.380.010.450.270.240.120.420.62-0.410.030.340.550.62-0.210.520.230.57-0.03-0.310.38-0.10.12-0.3
-0.760.080.42-0.890.21-0.12-0.5-0.930.180.15-0.13-0.940.70.070.370.740.170.840.29-0.03-0.560.3-0.57-0.08-0.4
0.38-0.4-0.690.8-0.83-0.17-0.130.69-0.87-0.410.390.74-0.93-0.69-0.65-0.36-0.71-0.85-0.82-0.31-0.56-0.850.930.350.86
-0.130.70.89-0.590.970.40.3-0.40.880.6-0.37-0.490.760.860.810.00.90.730.960.380.3-0.85-0.76-0.54-0.89
0.58-0.27-0.530.8-0.70.110.080.74-0.79-0.10.380.75-0.85-0.47-0.51-0.3-0.51-0.77-0.67-0.1-0.570.93-0.760.320.71
0.03-0.71-0.620.42-0.56-0.63-0.010.25-0.43-0.250.020.3-0.36-0.61-0.310.15-0.64-0.44-0.520.12-0.080.35-0.540.320.47
0.25-0.45-0.820.7-0.85-0.4-0.420.53-0.89-0.560.210.62-0.85-0.76-0.74-0.35-0.8-0.77-0.85-0.3-0.40.86-0.890.710.47
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Cerence Account Relationship Matchups

Cerence fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B1.3B1.3B702.4M1.1B
Other Current Liab163.3M55.5M43.0M40.9M51.2M47.6M
Total Current Liabilities200.8M165.3M147.0M148.1M216.8M159.3M
Total Stockholder Equity957.8M1.0B713.0M694.9M141.1M134.0M
Property Plant And Equipment Net49.6M46.4M52.4M46.0M43.0M36.6M
Current Deferred Revenue112.5M78.4M72.7M77.1M52.8M83.7M
Accounts Payable8.4M11.6M10.4M16.9M4.0M3.8M
Non Current Assets Total1.4B1.4B1.1B1.1B436.8M415.0M
Non Currrent Assets Other14.9M51.8M74.5M64.5M43.9M31.1M
Other Assets186.5M214.9M211.1M123.4M141.9M163.0M
Net Receivables49.9M45.6M45.1M61.3M62.8M47.3M
Good Will1.1B1.1B890.8M900.3M296.9M282.0M
Common Stock Shares Outstanding36.4M39.3M39.2M40.2M41.6M41.8M
Liabilities And Stockholders Equity1.7B1.7B1.3B1.3B702.4M1.1B
Non Current Liabilities Total528.9M508.5M458.5M454.6M344.5M404.6M
Other Current Assets51.5M82.6M67.3M7.4M75.8M40.7M
Other Stockholder Equity974.3M1.0B1.0B1.1B1.1B1.1B
Total Liab729.7M673.8M605.5M602.7M561.3M563.8M
Property Plant And Equipment Gross49.6M46.4M52.4M46.0M110.5M116.1M
Total Current Assets249.1M287.0M227.5M225.7M265.5M191.9M
Accumulated Other Comprehensive Income3.7M1.6M(33.7M)(28.0M)(25.9M)(27.2M)
Non Current Liabilities Other31.6M243.4M21.7M25.2M26.5M50.1M
Short Term Debt12.2M11.2M16.5M5.9M96.2M101.0M
Intangible Assets45.6M25.3M9.7M3.9M1.7M1.6M
Property Plant Equipment20.1M49.6M46.4M52.4M60.3M33.1M
Other Liab286.6M243.1M231.2M186.9M168.2M196.6M
Net Tangible Assets(116.8M)(216.1M)(121.9M)(187.6M)(168.8M)(177.2M)
Deferred Long Term Liab32.4M38.2M31.7M22.5M20.2M29.0M
Net Invested Capital1.2B1.3B983.3M970.8M423.0M797.0M
Net Working Capital48.4M121.7M80.5M77.6M48.7M39.6M
Common Stock369K381K394K404K419K398.1K

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When determining whether Cerence offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cerence's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cerence Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cerence Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerence. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cerence. If investors know Cerence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cerence listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
(14.12)
Revenue Per Share
8.663
Quarterly Revenue Growth
0.144
Return On Assets
0.0377
The market value of Cerence is measured differently than its book value, which is the value of Cerence that is recorded on the company's balance sheet. Investors also form their own opinion of Cerence's value that differs from its market value or its book value, called intrinsic value, which is Cerence's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cerence's market value can be influenced by many factors that don't directly affect Cerence's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cerence's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cerence is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cerence's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.