Cerence Stock

Cerence Liabilities 2024

Cerence Liabilities

602.7 M USD

Ticker

CRNC

ISIN

US1567271093

WKN

A2PRLS

In 2024, Cerence's total liabilities amounted to 602.7 M USD, a -0.46% difference from the 605.5 M USD total liabilities in the previous year.

Cerence Aktienanalyse

What does Cerence do?

Cerence Inc is a leading company in the development of intelligent solutions for the automotive industry. The company was founded in 2019 in Boston, Massachusetts, as a spin-off of Nuance Communications. Cerence's establishment allowed Nuance to focus on other business areas, while Cerence exclusively focuses on the automotive industry. Cerence's business model is based on offering intelligent system solutions to customers in the automotive industry. The focus is on providing voice control technologies for vehicles that allow drivers to interact with the vehicle in a simple and intuitive way. Cerence offers products and solutions for all types of vehicles, including cars, trucks, buses, and motorcycles. The company works closely with leading automotive manufacturers and develops customized solutions for each individual customer. Cerence is divided into various divisions to meet the different requirements of its customers. These include the Voice, AI, Connect, and Mobility divisions. The Voice division specializes in the development of voice control technologies that allow drivers to interact with their vehicle in a simple way without taking their hands off the steering wheel. The AI division focuses on the development of artificial intelligence for vehicles, enabling them to better understand their environment and provide a safer driving experience. Connect is dedicated to the development of solutions for vehicle connectivity and networking, as well as related technologies. Mobility offers solutions for the mobility of the future, including autonomous vehicles. Cerence offers a variety of products to meet the different requirements of its customers. These include the Cerence Drive Platform, an integrated voice control platform for automobiles that allows drivers to access navigation and entertainment systems, as well as various vehicle functions through voice commands. Another product is Cerence ARK (AI Reference Kit), an artificial intelligence platform for the automotive industry. ARK integrates technologies such as machine learning, speech recognition, and computer vision to enable vehicles to better understand their environment. Cerence is also a leading developer of solutions for the automotive industry in the field of virtual assistants and chatbots. Virtual assistants allow drivers to interact with the vehicle naturally by answering questions and providing navigation assistance. Chatbots, on the other hand, provide customers with a quick and easy way to contact automobile manufacturers and obtain information about vehicles and service offerings. Overall, Cerence Inc is an innovative company aiming to shape the future of the automotive industry through intelligent and intuitive technologies. Cerence is an important partner for automotive manufacturers looking for new and improved voice control and AI-like solutions to enhance the driving experience. Cerence ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Cerence's Liabilities

Cerence's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Cerence's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Cerence's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Cerence's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Cerence’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Cerence stock

What is the level of liabilities of Cerence this year?

Cerence has a debt balance of 602.7 M USD this year.

What were the liabilities of Cerence compared to the previous year?

The liabilities of Cerence have increased by -0.46% dropped compared to the previous year.

What are the consequences of high debt for investors of Cerence?

High liabilities can pose a risk for investors of Cerence, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Cerence?

Low liabilities mean that Cerence has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Cerence affect the company?

An increase in liabilities of Cerence can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Cerence affect the company?

A decrease in the liabilities of Cerence can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Cerence?

Some factors that can influence the liabilities of Cerence include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Cerence so important for investors?

The liabilities of Cerence are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Cerence take to modify the liabilities?

To change its liabilities, Cerence can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Cerence pay?

Over the past 12 months, Cerence paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cerence is expected to pay a dividend of 0 USD.

What is the dividend yield of Cerence?

The current dividend yield of Cerence is .

When does Cerence pay dividends?

Cerence pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Cerence?

Cerence paid dividends every year for the past 0 years.

What is the dividend of Cerence?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Cerence located?

Cerence is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Cerence kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cerence from 10/7/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/7/2024.

When did Cerence pay the last dividend?

The last dividend was paid out on 10/7/2024.

What was the dividend of Cerence in the year 2023?

In the year 2023, Cerence distributed 0 USD as dividends.

In which currency does Cerence pay out the dividend?

The dividends of Cerence are distributed in USD.

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Andere Kennzahlen von Cerence

Our stock analysis for Cerence Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cerence Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.