Cerence Inc (CRNC) - Total Assets
Based on the latest financial reports, Cerence Inc (CRNC) holds total assets worth $616.95 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check cash flow reinvestment rate of Cerence Inc to assess the company's total reinvestment commitment from operating cash flow.
Cerence Inc - Total Assets Trend (2016–2025)
This chart illustrates how Cerence Inc's total assets have evolved over time, based on quarterly financial data. Explore Cerence Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cerence Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Cerence Inc's total assets of $616.95 Million consist of 29.5% current assets and 70.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.3% |
| Accounts Receivable | $58.94 Million | 9.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $299.00 Million | 47.4% |
Asset Composition Trend (2016–2025)
This chart illustrates how Cerence Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Cerence Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cerence Inc's current assets represent 29.5% of total assets in 2025, an increase from 4.6% in 2016.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2025, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, a decrease from 86.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 47.4% of total assets.
Cerence Inc Competitors by Total Assets
Key competitors of Cerence Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Intellifusion Technologies Co. Ltd. A
SHG:688343
|
China | CN¥5.58 Billion |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
USA | $1.71 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥15.06 Billion |
|
Navinfo Co Ltd
SHE:002405
|
China | CN¥11.74 Billion |
|
Beijing Topnew Info And Tech Co Ltd
SHE:300895
|
China | CN¥948.32 Million |
|
Anhui Wantong Technology Co Ltd
SHE:002331
|
China | CN¥3.12 Billion |
|
Shandong Shanda Oumasoft CO.LTD.
SHE:301185
|
China | CN¥1.13 Billion |
|
Shoper S.A.
WAR:SHO
|
Poland | zł141.73 Million |
Cerence Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.90 | 1.47 | 1.61 |
| Quick Ratio | 1.90 | 1.47 | 1.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $96.98 Million | $74.28 Million | $102.86 Million |
Cerence Inc - Advanced Valuation Insights
This section examines the relationship between Cerence Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.81 |
| Latest Market Cap to Assets Ratio | 0.71 |
| Asset Growth Rate (YoY) | -10.2% |
| Total Assets | $630.59 Million |
| Market Capitalization | $448.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cerence Inc's assets below their book value (0.71x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cerence Inc's assets decreased by 10.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cerence Inc (2016–2025)
The table below shows the annual total assets of Cerence Inc from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $630.59 Million | -10.22% |
| 2024-09-30 | $702.36 Million | -45.87% |
| 2023-09-30 | $1.30 Billion | -1.59% |
| 2022-09-30 | $1.32 Billion | -22.70% |
| 2021-09-30 | $1.71 Billion | +1.08% |
| 2020-09-30 | $1.69 Billion | +13.72% |
| 2019-09-30 | $1.48 Billion | +6.17% |
| 2018-09-30 | $1.40 Billion | +4.63% |
| 2017-09-30 | $1.34 Billion | +3.30% |
| 2016-09-30 | $1.29 Billion | -- |
About Cerence Inc
Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artific… Read more