Cerence Other Non Cash Items from 2010 to 2024

CRNC Stock  USD 6.69  0.22  3.40%   
Cerence's Other Non Cash Items is increasing over the years with slightly volatile fluctuation. Overall, Other Non Cash Items is expected to go to about 604.4 M this year. During the period from 2010 to 2024 Cerence Other Non Cash Items annual values regression line had geometric mean of  55,596,986 and mean square error of 25928.3 T. View All Fundamentals
 
Other Non Cash Items  
First Reported
2019-06-30
Previous Quarter
279.3 M
Current Value
356.4 M
Quarterly Volatility
105.8 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 Other Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Cerence over the last few years. It is Cerence's Other Non Cash Items 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.
Other Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Cerence Other Non Cash Items Regression Statistics

Arithmetic Mean134,206,897
Geometric Mean55,596,986
Coefficient Of Variation142.96
Mean Deviation133,616,235
Median58,694,000
Standard Deviation191,857,724
Sample Variance36809.4T
Range603.3M
R-Value0.59
Mean Square Error25928.3T
R-Squared0.35
Significance0.02
Slope25,231,997
Total Sum of Squares515331.4T

Cerence Other Non Cash Items History

2024604.4 M
2023575.6 M
20221.1 M
2021224.7 M
2020M
201925.3 M
201876.4 M

About Cerence Financial Statements

Cerence stakeholders use historical fundamental indicators, such as Cerence's Other Non Cash Items, 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
Other Non Cash Items575.6 M604.4 M

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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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.