Cerence Inc (CRNC)
3.05
-0.09
(-2.87%)
USD |
NASDAQ |
Nov 15, 16:00
3.05
0.00 (0.00%)
After-Hours: 20:00
Cerence Debt to Equity Ratio: 1.818 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 1.818 |
| 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 |
| Date | Value |
|---|---|
| June 30, 2021 | 0.2658 |
| 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
0.2564
Minimum
Mar 2022
1.818
Maximum
Jun 2024
0.4071
Average
0.2848
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Intuit Inc | 0.3275 |
| MicroStrategy Inc | 1.116 |
| BILL Holdings Inc | 0.228 |
| Asana Inc | 0.1409 |
| Snowflake Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 673.98M |
| Total Liabilities (Quarterly) | 519.78M |
| Shareholders Equity (Quarterly) | 154.20M |
| Current Ratio | 1.307 |
| Net Debt Paydown Yield | -0.54% |