Open Text Corp Stock Total Asset

OTEX Stock  USD 30.28  0.83  2.82%   
Open Text Corp fundamentals help investors to digest information that contributes to Open Text's financial success or failures. It also enables traders to predict the movement of Open Stock. The fundamental analysis module provides a way to measure Open Text's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Open Text stock.
Last ReportedProjected for Next Year
Total Assets14.2 B14.9 B
Intangibles To Total Assets 0.70  0.42 
Total Assets is likely to rise to about 14.9 B in 2024, whereas Intangibles To Total Assets are likely to drop 0.42 in 2024.
  
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Open Text Corp Company Total Asset Analysis

Open Text's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Open Text Total Asset

    
  14.21 B  
Most of Open Text's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Open Text Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Open Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Open Text is extremely important. It helps to project a fair market value of Open Stock properly, considering its historical fundamentals such as Total Asset. Since Open Text's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Open Text's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Open Text's interrelated accounts and indicators.
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Open Total Asset Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Open Text total asset as a starting point in their analysis.
   Open Text Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Open Total Assets

Total Assets

14.92 Billion

At this time, Open Text's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Open Text Corp has a Total Asset of 14.21 B. This is 78.47% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The total asset for all United States stocks is 51.79% higher than that of the company.

Open Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Open Text's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Open Text could also be used in its relative valuation, which is a method of valuing Open Text by comparing valuation metrics of similar companies.
Open Text is currently under evaluation in total asset category among its peers.

Open Text ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Open Text's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Open Text's managers, analysts, and investors.
Environmental
Governance
Social

Open Text Institutional Holders

Institutional Holdings refers to the ownership stake in Open Text that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Open Text's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Open Text's value.
Shares
Bank Of Montreal2024-06-30
4.4 M
Bmo Capital Markets Corp.2024-06-30
4.4 M
Letko, Brosseau & Associates Inc.2024-09-30
4.3 M
Guardian Capital Inc2024-09-30
3.9 M
Brandes Investment Partners & Co2024-09-30
3.5 M
Norges Bank2024-06-30
3.3 M
Morgan Stanley - Brokerage Accounts2024-06-30
3.3 M
Amvescap Plc.2024-06-30
3.2 M
Clearbridge Advisors, Llc2024-09-30
2.9 M
Jarislowsky Fraser Ltd2024-09-30
16.6 M
Royal Bank Of Canada2024-06-30
13.6 M

Open Fundamentals

About Open Text Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Open Text Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Open Text using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Open Text Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.