Cerence Inc. CRNC Finance Lease Liability, Current
Finance Lease Liability, Current at other companies
Other financials
Where this comes from
Reported directly by Cerence Inc. in its filing.
Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityCurrent.
The official record: Cerence Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Cerence Inc.'s finance lease liability, current?
- Cerence Inc. (CRNC) reported finance lease liability, current of $26K in Q1 2026.
- How has Cerence Inc.'s finance lease liability, current changed year-over-year?
- Cerence Inc.'s finance lease liability, current decreased by 89.6% year-over-year, from $249K to $26K.
- What is the long-term trend for Cerence Inc.'s finance lease liability, current?
- Over 5 years (2020 to 2025), Cerence Inc.'s finance lease liability, current has grown at a -27.8% compound annual growth rate (CAGR), from $271K to $53K.
- What does finance lease liability, current mean?
- Finance lease liabilities (current) represent the portion of lease obligations that are due to be paid within the next twelve months. These obligations arise from long-term contracts where the company effectively controls the leased asset. This metric is critical for assessing near-term liquidity and cash flow requirements.