Open Net Debt To E B I T D A from 2010 to 2024

OTEX Stock  USD 29.45  0.27  0.93%   
Open Text Net Debt To EBITDA yearly trend continues to be fairly stable with very little volatility. Net Debt To EBITDA is likely to outpace its year average in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
2.98127927
Current Value
3.13
Quarterly Volatility
1.45339351
 
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 Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Open Text Corp over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Open Text's Net Debt To EBITDA 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.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Open Net Debt To E B I T D A Regression Statistics

Arithmetic Mean2.23
Geometric Mean1.65
Coefficient Of Variation65.14
Mean Deviation0.97
Median2.06
Standard Deviation1.45
Sample Variance2.11
Range6.2353
R-Value0.63
Mean Square Error1.38
R-Squared0.39
Significance0.01
Slope0.20
Total Sum of Squares29.57

Open Net Debt To E B I T D A History

2024 3.13
2023 2.98
2022 6.35
2021 2.35
2020 1.71
2019 2.82
2018 1.6

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Net Debt To E B I T D A, 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
Net Debt To EBITDA 2.98  3.13 

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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.