Return On Asset ratio Analysis of Cerence Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Sep-23
Very Poor ROA
-4.34
Period Ending - Sep-22
Very Poor ROA
-23.57
Growth
81.61 %
Trailing Twelve Months ROA
Period Ending - Sep-23
Very Poor ROA
-22.76
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-28.16
ROA Analysis of Cerence Inc
| ROA Ratio of Cerence Inc with value of -22.76 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Cerence Inc with value of -28.16 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of CRNC rose handsomely by 81.61 % this year. |
| ROA Ratio with value of 6.76 was highest in Year Sep-19 in last Five Years. |
| ROA Ratio with value of -23.57 was lowest in Year Sep-22 in last Five Years. |
| Latest ROA Ratio with value of -4.34 is lower than Average ROA of -3.94 in last five years. |
| ROA of Cerence Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of CRNC that may interest you.
Cerence Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CRNC | 2.97 | 2.98 | 0.336 % | Software-Application |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Asset of Cerence Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| ROA | -4.34 | -23.57 | 2.69 | -1.22 | 6.76 | 0.421 | 3.54 |
| Change | 81.61 % | -976.20 % | 320.06 % | -118.09 % | 1505.81 % | -88.11 % | 30.98 % |
FY Chart of Return On Asset of Cerence Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)