Open Good Will from 2010 to 2024

OTEX Stock  USD 29.18  0.31  1.07%   
Open Text Good Will yearly trend continues to be fairly stable with very little volatility. Good Will is likely to outpace its year average in 2024. Good Will is an intangible asset that arises when Open Text Corp acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2001-06-30
Previous Quarter
7.5 B
Current Value
7.5 B
Quarterly Volatility
2.3 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Open Text financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open Text's main balance sheet or income statement drivers, such as Interest Expense of 593.6 M, Total Revenue of 6.1 B or Gross Profit of 4.4 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0344 or PTB Ratio of 3.16. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
  
Check out the analysis of Open Text Correlation against competitors.

Latest Open Text's Good Will Growth Pattern

Below is the plot of the Good Will of Open Text Corp over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Open Text's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Open Text's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Open Good Will Regression Statistics

Arithmetic Mean3,876,587,290
Geometric Mean2,464,789,242
Coefficient Of Variation66.89
Mean Deviation2,048,388,481
Median3,580,129,000
Standard Deviation2,593,222,208
Sample Variance6724801.4T
Range8.6B
R-Value0.96
Mean Square Error520669.6T
R-Squared0.93
Slope558,628,791
Total Sum of Squares94147219.9T

Open Good Will History

20247.9 B
20237.5 B
20228.7 B
20215.2 B
20204.7 B
20194.7 B
20183.8 B

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Good Will, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Open Text. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will7.5 B7.9 B

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Additional Tools for Open Stock Analysis

When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.