Cerence Ebit from 2010 to 2024

CRNC Stock  USD 6.69  0.22  3.40%   
Cerence's EBIT is decreasing over the years with slightly volatile fluctuation. Overall, EBIT is projected to go to about -18.5 M this year. During the period from 2010 to 2024 Cerence EBIT annual values regression line had coefficient of variation of  299.51 and r-squared of  0.31. View All Fundamentals
 
EBIT  
First Reported
2018-06-30
Previous Quarter
-263.2 M
Current Value
-353 M
Quarterly Volatility
90.5 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 1.04. 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 Ebit Growth Pattern

Below is the plot of the Ebit of Cerence over the last few years. It is Cerence's EBIT 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.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

Cerence Ebit Regression Statistics

Arithmetic Mean22,153,660
Coefficient Of Variation299.51
Mean Deviation47,332,187
Median51,647,000
Standard Deviation66,352,729
Sample Variance4402.7T
Range255.1M
R-Value(0.55)
Mean Square Error3282.9T
R-Squared0.31
Significance0.03
Slope(8,228,831)
Total Sum of Squares61637.6T

Cerence Ebit History

2024-18.5 M
2023-19.5 M
2022-21.6 M
2021-184.4 M
202062.3 M
2019-303 K
201864.8 M

Other Fundumenentals of Cerence

About Cerence Financial Statements

Cerence stakeholders use historical fundamental indicators, such as Cerence's Ebit, 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
EBIT-19.5 M-18.5 M
EBITDA-579.9 M-550.9 M
Ebt Per Ebit 1.01  1.06 
Ebit Per Revenue(1.75)(1.66)

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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.