Cerence Inc (CRNC)
3.975
-0.92
(-18.71%)
USD |
NASDAQ |
May 17, 16:00
4.04
+0.06
(+1.64%)
After-Hours: 20:00
Cerence Debt to Equity Ratio: 0.6018 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
March 31, 2024 | 0.6018 |
December 31, 2023 | 0.3794 |
September 30, 2023 | 0.3971 |
June 30, 2023 | 0.3975 |
March 31, 2023 | 0.3907 |
December 31, 2022 | 0.3888 |
September 30, 2022 | 0.3792 |
June 30, 2022 | 0.2848 |
March 31, 2022 | 0.2564 |
December 31, 2021 | 0.2583 |
September 30, 2021 | 0.2629 |
June 30, 2021 | 0.2658 |
Date | Value |
---|---|
March 31, 2021 | 0.271 |
December 31, 2020 | 0.2742 |
September 30, 2020 | 0.2845 |
June 30, 2020 | 0.2913 |
March 31, 2020 | 0.2642 |
December 31, 2019 | 0.2682 |
September 30, 2019 | 0.00 |
June 30, 2019 | 0.00 |
March 31, 2019 | |
December 31, 2018 | |
September 30, 2018 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Jun 2019
0.6018
Maximum
Mar 2024
0.2958
Average
0.2793
Median
Debt to Equity Ratio Benchmarks
Digital Turbine Inc | 0.8392 |
DocuSign Inc | 0.00 |
Zoom Video Communications Inc | 0.00 |
BigCommerce Holdings Inc | 12.65 |
Duolingo Inc | 0.00 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 987.09M |
Total Liabilities (Quarterly) | 523.69M |
Shareholders Equity (Quarterly) | 463.40M |
Current Ratio | 2.182 |
Net Debt Paydown Yield | 0.03% |