Open Dividend Yield vs Price To Sales Ratio Analysis

OTEX Stock

CAD 38.11 0.39 1.01%

Open Text financial indicator trend analysis is much more than just breaking down Open Text Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Open Text Corp is a good investment. Please check the relationship between Open Text Dividend Yield and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividend Yield vs Price To Sales Ratio

Dividend Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Open Text Corp Dividend Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Open Text's Dividend Yield and Price To Sales Ratio is -0.46. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Open Text Corp, assuming nothing else is changed. The correlation between historical values of Open Text's Dividend Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Open Text Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., Open Text's Dividend Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Dividend Yield

Dividend Yield is Open Text Corp dividend as a percentage of Open Text stock price. Open Text Corp dividend yield is a measure of Open Text stock productivity, which can be interpreted as interest rate earned on an Open Text investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Open Text Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Open Text sales, a figure that is much harder to manipulate than other Open Text Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Most indicators from Open Text's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Open Text Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Open Text's Selling General Administrative is very stable compared to the past year. As of the 9th of June 2024, Tax Provision is likely to grow to about 129.3 M, while Sales General And Administrative To Revenue is likely to drop 0.09.

	2021	2022	2023	2024 (projected)
Operating Income	644.8M	508.1M	584.4M	613.6M
Total Revenue	3.5B	4.5B	5.2B	5.4B

Operating Income Total Revenue

Open Text fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Investments	Short Term Debt	Intangible Assets	Current Deferred Revenue	Good Will
Common Stock Shares Outstanding		0.57	0.65	0.33	0.5	0.74	0.57	0.43	0.73	0.38	0.63	0.54	0.68	0.63	0.71	0.48	0.42	-0.5	0.49	0.42	0.69	-0.94	0.11	0.44	0.7	0.55
Total Assets	0.57		0.93	0.89	0.99	0.87	0.99	0.98	0.83	0.93	0.7	1.0	-0.02	0.7	0.95	0.99	0.02	-0.65	0.99	0.97	0.89	-0.61	-0.02	0.97	0.93	1.0
Short Long Term Debt Total	0.65	0.93		0.7	0.88	0.94	0.96	0.84	0.93	0.79	0.87	0.91	0.18	0.87	0.93	0.88	0.14	-0.75	0.88	0.82	0.97	-0.7	0.2	0.81	0.98	0.92
Other Current Liab	0.33	0.89	0.7		0.95	0.58	0.85	0.96	0.53	0.88	0.44	0.91	-0.32	0.44	0.78	0.94	-0.2	-0.35	0.94	0.96	0.67	-0.34	-0.05	0.97	0.68	0.9
Total Current Liabilities	0.5	0.99	0.88	0.95		0.79	0.97	0.99	0.75	0.94	0.65	0.99	-0.1	0.64	0.91	0.99	-0.07	-0.58	1.0	0.99	0.84	-0.54	0.01	0.98	0.88	0.99
Total Stockholder Equity	0.74	0.87	0.94	0.58	0.79		0.87	0.75	1.0	0.69	0.77	0.85	0.36	0.77	0.95	0.78	0.2	-0.73	0.78	0.71	0.89	-0.83	0.16	0.73	0.97	0.85
Property Plant And Equipment Net	0.57	0.99	0.96	0.85	0.97	0.87		0.95	0.84	0.91	0.78	0.97	0.02	0.78	0.93	0.97	0.03	-0.71	0.97	0.95	0.93	-0.6	0.05	0.92	0.95	0.98
Net Debt	0.43	0.98	0.84	0.96	0.99	0.75	0.95		0.71	0.96	0.57	0.99	-0.19	0.57	0.88	0.99	-0.06	-0.54	0.99	0.99	0.79	-0.46	-0.1	0.99	0.84	0.98
Retained Earnings	0.73	0.83	0.93	0.53	0.75	1.0	0.84	0.71		0.65	0.76	0.81	0.37	0.76	0.93	0.74	0.2	-0.72	0.74	0.67	0.87	-0.82	0.18	0.69	0.95	0.82
Accounts Payable	0.38	0.93	0.79	0.88	0.94	0.69	0.91	0.96	0.65		0.57	0.94	-0.17	0.57	0.8	0.96	-0.08	-0.62	0.96	0.97	0.76	-0.4	-0.27	0.94	0.8	0.95
Cash	0.63	0.7	0.87	0.44	0.65	0.77	0.78	0.57	0.76	0.57		0.65	0.3	1.0	0.7	0.65	0.14	-0.75	0.65	0.59	0.95	-0.63	0.27	0.52	0.83	0.69
Non Current Assets Total	0.54	1.0	0.91	0.91	0.99	0.85	0.97	0.99	0.81	0.94	0.65		-0.05	0.65	0.94	0.99	0.0	-0.62	0.99	0.97	0.86	-0.59	-0.05	0.98	0.91	1.0
Non Currrent Assets Other	0.68	-0.02	0.18	-0.32	-0.1	0.36	0.02	-0.19	0.37	-0.17	0.3	-0.05		0.3	0.18	-0.13	0.5	-0.38	-0.13	-0.2	0.22	-0.69	0.2	-0.19	0.28	-0.03
Cash And Short Term Investments	0.63	0.7	0.87	0.44	0.64	0.77	0.78	0.57	0.76	0.57	1.0	0.65	0.3		0.7	0.65	0.14	-0.75	0.65	0.59	0.95	-0.63	0.27	0.52	0.83	0.69
Net Receivables	0.71	0.95	0.93	0.78	0.91	0.95	0.93	0.88	0.93	0.8	0.7	0.94	0.18	0.7		0.9	0.11	-0.63	0.9	0.85	0.88	-0.77	0.06	0.88	0.95	0.94
Non Current Liabilities Total	0.48	0.99	0.88	0.94	0.99	0.78	0.97	0.99	0.74	0.96	0.65	0.99	-0.13	0.65	0.9		-0.03	-0.59	1.0	0.99	0.84	-0.51	-0.09	0.98	0.87	0.99
Other Current Assets	0.42	0.02	0.14	-0.2	-0.07	0.2	0.03	-0.06	0.2	-0.08	0.14	0.0	0.5	0.14	0.11	-0.03		-0.18	-0.04	-0.09	0.11	-0.42	-0.25	-0.09	0.18	0.02
Other Stockholder Equity	-0.5	-0.65	-0.75	-0.35	-0.58	-0.73	-0.71	-0.54	-0.72	-0.62	-0.75	-0.62	-0.38	-0.75	-0.63	-0.59	-0.18		-0.59	-0.55	-0.76	0.51	-0.03	-0.48	-0.8	-0.65
Total Liab	0.49	0.99	0.88	0.94	1.0	0.78	0.97	0.99	0.74	0.96	0.65	0.99	-0.13	0.65	0.9	1.0	-0.04	-0.59		0.99	0.84	-0.52	-0.07	0.99	0.87	0.99
Property Plant And Equipment Gross	0.42	0.97	0.82	0.96	0.99	0.71	0.95	0.99	0.67	0.97	0.59	0.97	-0.2	0.59	0.85	0.99	-0.09	-0.55	0.99		0.79	-0.44	-0.12	0.99	0.82	0.97
Total Current Assets	0.69	0.89	0.97	0.67	0.84	0.89	0.93	0.79	0.87	0.76	0.95	0.86	0.22	0.95	0.88	0.84	0.11	-0.76	0.84	0.79		-0.7	0.17	0.76	0.95	0.88
Short Term Investments	-0.94	-0.61	-0.7	-0.34	-0.54	-0.83	-0.6	-0.46	-0.82	-0.4	-0.63	-0.59	-0.69	-0.63	-0.77	-0.51	-0.42	0.51	-0.52	-0.44	-0.7		-0.15	-0.48	-0.76	-0.59
Short Term Debt	0.11	-0.02	0.2	-0.05	0.01	0.16	0.05	-0.1	0.18	-0.27	0.27	-0.05	0.2	0.27	0.06	-0.09	-0.25	-0.03	-0.07	-0.12	0.17	-0.15		-0.1	0.12	-0.05
Intangible Assets	0.44	0.97	0.81	0.97	0.98	0.73	0.92	0.99	0.69	0.94	0.52	0.98	-0.19	0.52	0.88	0.98	-0.09	-0.48	0.99	0.99	0.76	-0.48	-0.1		0.81	0.97
Current Deferred Revenue	0.7	0.93	0.98	0.68	0.88	0.97	0.95	0.84	0.95	0.8	0.83	0.91	0.28	0.83	0.95	0.87	0.18	-0.8	0.87	0.82	0.95	-0.76	0.12	0.81		0.92
Good Will	0.55	1.0	0.92	0.9	0.99	0.85	0.98	0.98	0.82	0.95	0.69	1.0	-0.03	0.69	0.94	0.99	0.02	-0.65	0.99	0.97	0.88	-0.59	-0.05	0.97	0.92

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Open Text Account Relationship Matchups

Open Text fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	271.8M	273.5M	271.9M	270.9M	311.5M	237.1M
Total Assets	10.2B	9.6B	10.2B	17.1B	19.7B	20.6B
Short Long Term Debt Total	2.6B	4.5B	3.9B	4.5B	5.1B	5.4B
Other Current Liab	753.0M	34.7M	51.1M	1.8B	2.1B	2.2B
Total Current Liabilities	1.9B	1.4B	1.5B	3.2B	3.7B	3.9B
Total Stockholder Equity	4.0B	4.1B	4.0B	4.0B	4.6B	4.9B
Property Plant And Equipment Net	452.4M	468.1M	442.8M	642.6M	739.0M	776.0M
Net Debt	2.8B	2.3B	2.8B	7.7B	8.8B	9.2B
Retained Earnings	2.2B	2.2B	2.2B	2.0B	2.4B	2.5B
Accounts Payable	41.5M	423.6M	448.6M	996.3M	1.1B	1.2B
Cash	1.7B	1.6B	1.7B	1.2B	1.4B	1.5B
Non Current Assets Total	7.8B	7.4B	7.9B	14.8B	17.0B	17.9B
Non Currrent Assets Other	123.5M	141.7M	147.5M	76.5M	88.0M	69.1M
Cash And Short Term Investments	1.7B	1.6B	1.7B	1.2B	1.4B	1.5B
Net Receivables	557.1M	496.2M	471.1M	682.5M	784.9M	824.1M
Liabilities And Stockholders Equity	10.2B	9.6B	10.2B	17.1B	19.7B	20.6B
Non Current Liabilities Total	4.3B	4.1B	4.7B	9.8B	11.3B	11.9B
Other Current Assets	18.1M	72.9M	120.6M	44.4M	51.1M	44.0M
Other Stockholder Equity	(23.6M)	(69.4M)	(160.0M)	(53.6M)	(48.2M)	(45.8M)
Total Liab	6.2B	5.5B	6.1B	13.1B	15.0B	15.8B
Property Plant And Equipment Gross	452.4M	468.1M	442.8M	1.3B	1.5B	1.6B
Total Current Assets	2.4B	2.2B	2.3B	2.3B	2.6B	2.7B
Accumulated Other Comprehensive Income	24.1M	17.8M	66.2M	(7.7M)	(8.8M)	(8.4M)
Intangible Assets	1.6B	1.2B	1.1B	4.1B	4.7B	4.9B
Current Deferred Revenue	641.7M	812.2M	852.6M	902.2M	1.0B	1.1B
Good Will	4.7B	4.7B	5.2B	8.7B	10.0B	10.5B
Common Stock	1.9B	1.9B	2.0B	2.2B	2.5B	1.5B
Other Liab	522.4M	344.7M	270.2M	1.0B	1.2B	1.2B
Net Tangible Assets	(2.3B)	(1.8B)	(2.4B)	(8.7B)	(7.9B)	(7.5B)
Other Assets	1.0B	938.4M	957.7M	1.4B	1.6B	978.7M
Long Term Debt	3.6B	3.6B	4.2B	8.6B	9.8B	10.3B
Deferred Long Term Liab	35.6M	43.0M	50.3M	55.5M	49.9M	43.5M
Long Term Investments	76.0M	121.8M	173.2M	187.8M	216.0M	226.8M
Property Plant Equipment	387.0M	401.9M	370.6M	642.6M	739.0M	776.0M
Long Term Debt Total	3.6B	3.6B	4.2B	8.6B	9.9B	10.3B

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Additional Information and Resources on Investing in Open Stock

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:

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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.

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Open Dividend Yield vs Price To Sales Ratio Analysis

Dividend Yield vs Price To Sales Ratio

Dividend Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Dividend Yield

Price To Sales Ratio

Open Text fundamental ratios Correlations

Open Text Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Open Text fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Open Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total

Short Term Investments	- 0.94	Common Stock Shares Outstanding
Short Term Investments	- 0.83	Total Stockholder Equity
Short Term Investments	- 0.82	Retained Earnings
Current Deferred Revenue	- 0.8	Other Stockholder Equity
Short Term Investments	- 0.77	Net Receivables
Current Deferred Revenue	- 0.76	Short Term Investments