Cerence Capital Lease Obligations from 2010 to 2025

CRNC Stock  USD 19.33  11.40  143.76%   
Cerence's Capital Lease Obligations is decreasing over the years with slightly volatile fluctuation. Overall, Capital Lease Obligations is expected to go to about 13.4 M this year. Capital Lease Obligations is the total obligations of Cerence under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-12-31
Previous Quarter
12.2 M
Current Value
13.3 M
Quarterly Volatility
3.6 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 3.8 M, Interest Income of 6.5 M or Depreciation And Amortization of 18.2 M, as well as many indicators such as Price To Sales Ratio of 0.43, 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 Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Cerence over the last few years. Cerence capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Cerence asset purchases. For example, Cerence can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Cerence control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Cerence's Capital Lease Obligations 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.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Cerence Capital Lease Obligations Regression Statistics

Arithmetic Mean20,031,064
Geometric Mean19,418,351
Coefficient Of Variation23.89
Mean Deviation4,362,420
Median23,521,000
Standard Deviation4,785,203
Sample Variance22.9T
Range11.5M
R-Value(0.86)
Mean Square Error6.3T
R-Squared0.74
Significance0.000018
Slope(866,042)
Total Sum of Squares343.5T

Cerence Capital Lease Obligations History

202513.4 M
202412 M
202313.3 M
202213.4 M
202116.4 M
202016.8 M

About Cerence Financial Statements

Cerence stakeholders use historical fundamental indicators, such as Cerence's Capital Lease Obligations, 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
Capital Lease Obligations12 M13.4 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.