Cerence Inc (CRNC)
9.39
-0.66
(-6.57%)
USD |
NASDAQ |
Apr 25, 16:00
9.64
+0.25
(+2.66%)
After-Hours: 20:00
Cerence Debt to Equity Ratio: 0.3794 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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
0.3975
Maximum
Jun 2023
0.2797
Average
0.2742
Median
Dec 2020
Debt to Equity Ratio Benchmarks
| Digital Turbine Inc | 0.8392 |
| DocuSign Inc | 0.00 |
| Zoom Video Communications Inc | 0.00 |
| Uber Technologies Inc | 0.8409 |
| CrowdStrike Holdings Inc | 0.3223 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.265B |
| Total Liabilities (Quarterly) | 533.78M |
| Shareholders Equity (Quarterly) | 731.13M |
| Current Ratio | 1.903 |
| Net Debt Paydown Yield | -0.17% |