Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of September 2024 : €0.13 Billion

According to Cerence's latest financial reports the company has €0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cerence - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$€0.65 B	-9.5%
2022-09-30	$€0.72 B	-18.46%
2021-09-30	$€0.88 B	8.79%
2020-09-30	$€0.81 B	-16.24%
2019-09-30	$€0.97 B	14.2%
2018-09-30	$€0.85 B	0.64%
2017-09-30	$€0.84 B	-5.79%
2016-09-30	$€0.90 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Cerence (CRNC) - Net assets