Debt to Equity Ratio Analysis of Cerence Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Sep-23
Very Good Debt to Equity
0.405
Period Ending - Sep-22
Very Good Debt to Equity
0.386
Growth
4.81 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Good Debt to Equity
0.613
Debt to Equity Analysis of Cerence Inc
| Debt to Equity Ratio 0.405 of Cerence Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of CRNC has grown by 4.81 % Compared to previous Financial Year. |
| Debt to Equity Ratio with value of 0.405 was highest in Year Sep-23 in last Five Years. |
| Debt to Equity Ratio with value of 0.0178 was lowest in Year Sep-19 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.405 is Greater than Average Debt to Equity of 0.274 in last five years. |
Other Debt to Equity Related Info of CRNC that may interest you.
Cerence Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CRNC | 2.98 | 3.0 | 0.667 % | Software-Application |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Low Stability Stock | |
FY - Historical Debt to Equity Ratio of Cerence Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.405 | 0.386 | 0.267 | 0.291 | 0.0178 | 0.0015 | 0.0212 |
| Change | 4.81 % | 44.50 % | -8.16 % | 1531.96 % | 1103.77 % | -93.02 % | 1.72 % |
FY Chart of Debt to Equity Ratio of Cerence Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)