Company / Interest Expense
Cerence Inc. Interest Expense History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$12.6M
FY2024
5-year range
$12.6M / $22.7M
FY2020-FY2024
Trend
-15.0%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $23M to $13M over the past 2 years.
Based on SEC 10-K filings.
$13M in FY2024 with a 3-year CAGR of -18.0%.
Improved from $23M to $13M over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -18.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of -18.0%, indicating a declining trend.
- In FY2024, interest expense decreased 15.0% year-over-year.
- Peak interest expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score -0.64 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $12.6M | -15.0% |
| FY2023 | $14.8M | -35.0% |
| FY2022 | $22.7M | +0.0% |
| FY2021 | $22.7M | +0.0% |
| FY2020 | $22.7M | - |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026