Open Other Current Assets from 2010 to 2024

OTEX Stock  USD 30.28  0.83  2.82%   
Open Text Other Current Assets yearly trend continues to be fairly stable with very little volatility. Other Current Assets are likely to outpace its year average in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1996-12-31
Previous Quarter
299.9 M
Current Value
344.9 M
Quarterly Volatility
303.7 M
 
Dot-com Bubble
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Open Text Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Open Text's Other Current 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Open Other Current Assets Regression Statistics

Arithmetic Mean119,503,370
Geometric Mean85,042,667
Coefficient Of Variation65.45
Mean Deviation63,485,911
Median98,551,000
Standard Deviation78,213,833
Sample Variance6117.4T
Range252.7M
R-Value0.90
Mean Square Error1307.9T
R-Squared0.80
Slope15,657,149
Total Sum of Squares85643.7T

Open Other Current Assets History

2024255.1 M
2023242.9 M
2022221.7 M
2021120.6 M
202098.6 M
2019211.8 M
2018141.1 M

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Other Current 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
Other Current Assets242.9 M255.1 M

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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.