Quick Ratio Analysis of Cerence Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Sep-23
Indecisive Quick Ratio
1.48
Period Ending - Sep-22
Indecisive Quick Ratio
1.55
Growth
-4.52 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.17
Quick Ratio Analysis of Cerence Inc
| Quick Ratio of Cerence Inc with value of 2.17 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of CRNC has fallen by -4.52 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.55 was highest in Year Sep-22 in last Five Years. |
| Quick Ratio with value of 0 was lowest in Year Sep-21 in last Five Years. |
| Latest Quick Ratio with value of 1.48 is Greater than Average Quick Ratio of 0.853 in last five years. |
Other Quick Ratio 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 Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Low Stability Stock | |
FY - Historical Quick Ratio of Cerence Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.48 | 1.55 | 0 | 1.24 | 0 | 0 | 0 |
| Change | -4.52 % | 0 % |
FY Chart of Quick Ratio of Cerence Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)