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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Cerence Inc. quarterly/annual Return On Assets history and growth rate from 2020 to 2023.
- Cerence Inc. Return On Assets for the quarter ending June 30, 2024 was -54.9 %, a 165% decline year-over-year.
- Cerence Inc. annual Return On Assets for 2023 was -4.25 %, a 78.5% increase from 2022.
- Cerence Inc. annual Return On Assets for 2022 was -19.8 %, a 833% decline from 2021.
- Cerence Inc. annual Return On Assets for 2021 was 2.7 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)