Cerence Current Deferred Revenue from 2010 to 2024

CRNC Stock  USD 7.20  1.37  23.50%   
Cerence's Current Deferred Revenue is increasing over the years with slightly volatile fluctuation. Current Deferred Revenue is expected to dwindle to about 86.9 M. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2018-09-30
Previous Quarter
43.8 M
Current Value
52.8 M
Quarterly Volatility
21.6 M
 
Covid
Check Cerence financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cerence's main balance sheet or income statement drivers, such as Tax Provision of 13.6 M, Interest Income of 5.4 M or Depreciation And Amortization of 26.6 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0687 or PTB Ratio of 1.08. Cerence financial statements analysis is a perfect complement when working with Cerence Valuation or Volatility modules.
  
Check out the analysis of Cerence Correlation against competitors.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.

Latest Cerence's Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Cerence over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Cerence's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cerence's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Slightly volatile
   Current Deferred Revenue   
       Timeline  

Cerence Current Deferred Revenue Regression Statistics

Arithmetic Mean71,047,873
Geometric Mean68,715,142
Coefficient Of Variation26.98
Mean Deviation16,119,748
Median72,662,000
Standard Deviation19,168,471
Sample Variance367.4T
Range60.9M
R-Value0.75
Mean Square Error171.1T
R-Squared0.57
Significance0
Slope3,229,491
Total Sum of Squares5144T

Cerence Current Deferred Revenue History

202486.9 M
202388.6 M
202277.1 M
202172.7 M
202078.4 M
2019112.5 M
201888.2 M

About Cerence Financial Statements

Cerence stakeholders use historical fundamental indicators, such as Cerence's Current Deferred Revenue, to determine how well the company is positioned to perform in the future. Although Cerence investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cerence's assets and liabilities are reflected in the revenues and expenses on Cerence's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cerence. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue88.6 M86.9 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 the analysis of Cerence Correlation against competitors.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.