Open Net Tangible Assets from 2010 to 2026

OTEX Stock  USD 25.35  0.28  1.12%   
Open Text Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2026. Net Tangible Assets is the total assets of Open Text Corp minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2009-03-31
Previous Quarter
-8.7 B
Current Value
-8.6 B
Quarterly Volatility
1.9 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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 455.7 M, Total Revenue of 6.4 B or Gross Profit of 4.1 B, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0334 or PTB Ratio of 3.09. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
  
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The evolution of Net Tangible Assets for Open Text Corp provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Open Text compares to historical norms and industry peers.

Latest Open Text's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Open Text Corp over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Open Text's Net Tangible Assets 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 Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Open Net Tangible Assets Regression Statistics

Arithmetic Mean(3,244,385,811)
Coefficient Of Variation(105.64)
Mean Deviation2,971,122,674
Median(1,356,933,000)
Standard Deviation3,427,232,056
Sample Variance11745919.6T
Range8.6B
R-Value(0.86)
Mean Square Error3296764.7T
R-Squared0.74
Significance0.00001
Slope(582,597,385)
Total Sum of Squares187934713.1T

Open Net Tangible Assets History

2026-7.5 B
2025-7.9 B
2022-8.7 B
2021-2.3 B
2020-1.8 B
2019-2.3 B
2018-1 B

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Net Tangible Assets, 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 Tangible Assets-7.9 B-7.5 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.