Open Debt Equity Ratio from 2010 to 2024

OTEX Stock  USD 30.25  5.22  14.72%   
Open Text Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Open Text Debt Equity Ratio regression line of annual values had r-squared of  0.73 and arithmetic mean of  1.03. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
2.07
Current Value
2.17
Quarterly Volatility
0.6591231
 
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 main balance sheet or income statement drivers, such as Interest Expense of 439.1 M, Total Revenue of 5.4 B or Gross Profit of 3.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.11, Dividend Yield of 0.0126 or PTB Ratio of 3.19. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
  
This module can also supplement Open Text's financial leverage analysis and stock options assessment as well as various Open Text Technical models . Check out the analysis of Open Text Correlation against competitors.

Latest Open Text's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Open Text Corp over the last few years. It is Open Text's Debt Equity Ratio 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.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Open Debt Equity Ratio Regression Statistics

Arithmetic Mean1.03
Geometric Mean0.75
Coefficient Of Variation63.69
Mean Deviation0.49
Median0.87
Standard Deviation0.66
Sample Variance0.43
Range2.2795
R-Value0.86
Mean Square Error0.13
R-Squared0.73
Significance0.000049
Slope0.13
Total Sum of Squares6.08

Open Debt Equity Ratio History

2024 2.17
2023 2.07
2022 2.3
2021 1.11
2020 0.94
2019 1.12
2018 0.67

About Open Text Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Open Text income statement, its balance sheet, and the statement of cash flows. Open Text investors use historical funamental indicators, such as Open Text's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Open Text investors may use each financial statement separately, they are all related. The changes in Open Text's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Open Text's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Open Text Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Open Text. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 2.07  2.17 

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When determining whether Open Text Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Text's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Text Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Text Corp Stock:
Check out the analysis of Open Text Correlation against competitors.
Note that the Open Text Corp information on this page should be used as a complementary analysis to other Open Text's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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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.
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Is Open Text's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Text. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Text listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Dividend Share
0.986
Earnings Share
0.48
Revenue Per Share
21.019
Quarterly Revenue Growth
0.71
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Text's market value can be influenced by many factors that don't directly affect Open Text's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.