Open Text Financials

OTEX Stock  USD 30.28  0.83  2.82%   
Based on the key indicators related to Open Text's liquidity, profitability, solvency, and operating efficiency, Open Text Corp may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Open Text's Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 1.3 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 239.3 M in 2024. Key indicators impacting Open Text's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.61.5228
Sufficiently Up
Slightly volatile
Operating Income931.4 M887.1 M
Sufficiently Up
Slightly volatile
Current Ratio0.770.8132
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Open Text includes many different criteria found on its balance sheet. An individual investor should monitor Open Text's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Open Text.

Net Income

488.34 Million

  
Understanding current and past Open Text Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Open Text's financial statements are interrelated, with each one affecting the others. For example, an increase in Open Text's assets may result in an increase in income on the income statement.

Open Text Earnings Geography

Please note, the imprecision that can be found in Open Text's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Open Text Corp. Check Open Text's Beneish M Score to see the likelihood of Open Text's management manipulating its earnings.

Open Text Stock Summary

Open Text competes with Paycom Soft, Lightspeed Commerce, Enfusion, Guidewire Software, and Manhattan Associates. Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada. Open Text operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 14800 people.
Foreign Associate
  Canada
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA6837151068
CUSIP683715106
LocationOntario; Canada
Business Address275 Frank Tompa
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.opentext.com
Phone519 888 7111
CurrencyUSD - US Dollar

Open Text Key Financial Ratios

Open Text Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets10.2B9.6B10.2B17.1B14.2B14.9B
Other Current Liab376.5M307.8M334.6M808.1M2.3B2.4B
Net Debt2.8B2.3B2.8B8.0B5.4B5.7B
Retained Earnings2.2B2.2B2.2B2.0B2.1B2.2B
Accounts Payable41.5M57.5M114.0M162.7M151.2M100.9M
Cash1.7B1.6B1.7B1.2B1.3B1.3B
Net Receivables557.1M496.2M471.1M821.9M692.6M727.3M
Other Current Assets211.8M98.6M120.6M221.7M242.9M255.1M
Total Liab6.2B5.5B6.1B13.1B10.0B10.5B
Total Current Assets2.4B2.2B2.3B2.3B2.3B2.4B
Short Term Debt674.1M126.6M66.4M412.3M112.3M88.9M
Intangible Assets1.6B1.2B1.1B4.1B2.5B2.6B
Other Assets1.0B938.4M1.1B1.4B1.00.95
Good Will4.7B4.7B5.2B8.7B7.5B7.9B
Common Stock1.9B1.9B2.0B2.2B2.3B2.4B
Other Liab522.4M344.7M270.2M1.0B1.2B1.2B
Long Term Debt3.6B3.6B4.2B8.6B6.4B6.7B
Inventory(43.9M)(75.3M)25.6M45.9M61.1M64.2M
Treasury Stock(18.7M)(28.8M)(23.6M)(69.4M)(62.4M)(59.3M)

Open Text Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense149.2M151.6M157.9M363.6M565.3M593.6M
Total Revenue3.1B3.4B3.5B4.5B5.8B6.1B
Gross Profit2.1B2.4B2.4B3.2B4.2B4.4B
Operating Income503.5M740.9M644.8M516.3M887.1M931.4M
Ebit1.2B787.4M687.1M597.3M1.0B1.1B
Ebitda1.2B1.3B1.2B1.3B1.8B1.9B
Net Income234.2M310.7M397.1M150.4M465.1M488.3M
Income Tax Expense110.8M339.9M118.8M70.8M264.0M277.2M
Research Development370.4M421.4M440.4M680.6M1.1B1.2B
Cost Of Revenue1.0B1.0B1.1B1.3B1.6B1.7B
Income Before Tax345.2M650.8M516.0M221.3M729.3M765.8M
Minority Interest143K1.5M169K187K(194K)(184.3K)
Non Recurring100.4M1.7M46.9M169.2M194.5M204.3M
Tax Provision110.8M339.9M118.8M70.8M264.0M277.2M
Interest Income11.8M3.9M4.6M53.5M49.1M48.7M
Net Interest Income(146.4M)(151.6M)(146.9M)(310.1M)(516.2M)(490.4M)

Open Text Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Open Text Corp. It measures of how well Open is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Open Text brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Open had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Open Text has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash753.7M(87.5M)86.1M(462.0M)48.8M50.2M
Free Cash Flow881.8M812.4M888.7M655.4M808.4M848.8M
Depreciation551.6M520.6M504.0M657.4M807.9M848.3M
Capital Expenditures72.7M63.7M93.1M123.8M159.3M167.3M
Net Income234.4M310.9M397.3M150.6M465.3M488.5M
End Period Cash Flow1.7B1.6B1.7B1.2B1.3B1.3B
Other Non Cash Items29.3M(49.0M)(1.3M)198.0M(291.5M)(276.9M)
Change To Netincome105.6M71.7M9.1M152.4M175.2M184.0M
Change To Inventory21.7M(30.6M)(26.1M)(107.9M)(97.1M)(92.2M)
Dividends Paid188.7M210.7M237.7M259.5M267.4M173.7M
Investments(1.5B)(68.8M)(971.0M)131.2M2.1B2.2B
Change Receivables84.5M61.0M81.8M168.6M193.9M203.6M
Net Borrowings1.4B(610M)597.9M4.6B5.3B5.6B

Open Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Open Text's current stock value. Our valuation model uses many indicators to compare Open Text value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Open Text competition to find correlations between indicators driving Open Text's intrinsic value. More Info.
Open Text Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Open Text Corp is roughly  2.69 . At this time, Open Text's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Open Text's earnings, one of the primary drivers of an investment's value.

Open Text's Earnings Breakdown by Geography

Open Text Corp Systematic Risk

Open Text's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Open Text volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Open Text Corp correlated with the market. If Beta is less than 0 Open Text generally moves in the opposite direction as compared to the market. If Open Text Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Open Text Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Open Text is generally in the same direction as the market. If Beta > 1 Open Text moves generally in the same direction as, but more than the movement of the benchmark.

Open Text Thematic Clasifications

Open Text Corp is part of several thematic ideas from Disruptive Technologies to Tech Growth. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Open Text Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Open Text's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Open Text growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0812

At this time, Open Text's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Open Text November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Open Text help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Open Text Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Open Text Corp based on widely used predictive technical indicators. In general, we focus on analyzing Open Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Open Text's daily price indicators and compare them against related drivers.

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.