Open Common Stock vs Short Term Debt Analysis

OTEX Stock

USD 35.66 0.02 0.06%

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 Common Stock and its Short Term Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in income.

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Open Text Corp Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Open Text's Common Stock and Short Term Debt is 0.66. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt 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 Common Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Open Text Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Open Text's Common Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

Short Term Debt

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 tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Open Text's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 85.5 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 7.97 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.4B	3.2B	3.6B	3.8B
Total Revenue	3.5B	4.5B	5.2B	5.4B

Gross Profit 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	Total Current Assets	Short Term Debt	Short Term Investments	Intangible Assets	Other Assets	Good Will	Common Stock
Common Stock Shares Outstanding		0.57	0.48	0.31	0.5	0.74	0.56	0.42	0.73	0.46	0.63	0.54	0.5	0.63	0.64	0.48	0.62	-0.49	0.49	0.69	0.35	-0.84	0.44	0.61	0.55	0.67
Total Assets	0.57		0.99	0.88	0.99	0.87	0.99	0.97	0.83	0.16	0.7	1.0	0.97	0.7	0.98	0.99	0.88	-0.82	0.99	0.89	0.75	-0.36	0.97	0.9	1.0	0.94
Short Long Term Debt Total	0.48	0.99		0.93	0.99	0.78	0.97	0.99	0.75	0.05	0.66	0.99	0.98	0.66	0.95	1.0	0.85	-0.8	1.0	0.85	0.77	-0.27	0.98	0.83	0.99	0.88
Other Current Liab	0.31	0.88	0.93		0.93	0.55	0.84	0.94	0.5	-0.29	0.5	0.89	0.91	0.5	0.84	0.93	0.78	-0.61	0.93	0.7	0.77	-0.15	0.95	0.63	0.89	0.67
Total Current Liabilities	0.5	0.99	0.99	0.93		0.79	0.97	0.99	0.75	0.04	0.65	0.99	0.97	0.64	0.96	0.99	0.88	-0.79	1.0	0.84	0.81	-0.32	0.98	0.84	0.99	0.88
Total Stockholder Equity	0.74	0.87	0.78	0.55	0.79		0.87	0.74	1.0	0.48	0.77	0.85	0.78	0.77	0.9	0.78	0.84	-0.77	0.78	0.89	0.6	-0.5	0.73	0.95	0.85	0.98
Property Plant And Equipment Net	0.56	0.99	0.97	0.84	0.97	0.87		0.94	0.84	0.18	0.78	0.97	0.94	0.78	0.95	0.97	0.87	-0.86	0.97	0.93	0.77	-0.33	0.92	0.86	0.98	0.94
Net Debt	0.42	0.97	0.99	0.94	0.99	0.74	0.94		0.7	0.02	0.56	0.98	0.98	0.56	0.94	0.99	0.82	-0.76	0.99	0.78	0.75	-0.25	0.99	0.82	0.98	0.84
Retained Earnings	0.73	0.83	0.75	0.5	0.75	1.0	0.84	0.7		0.5	0.76	0.81	0.74	0.76	0.87	0.74	0.82	-0.75	0.74	0.87	0.58	-0.47	0.69	0.94	0.82	0.96
Accounts Payable	0.46	0.16	0.05	-0.29	0.04	0.48	0.18	0.02	0.5		0.22	0.15	0.1	0.22	0.2	0.06	0.03	-0.37	0.05	0.22	-0.23	-0.47	0.0	0.42	0.16	0.42
Cash	0.63	0.7	0.66	0.5	0.65	0.77	0.78	0.56	0.76	0.22		0.65	0.58	1.0	0.66	0.65	0.71	-0.74	0.65	0.95	0.56	-0.31	0.52	0.6	0.69	0.77
Non Current Assets Total	0.54	1.0	0.99	0.89	0.99	0.85	0.97	0.98	0.81	0.15	0.65		0.98	0.65	0.98	0.99	0.87	-0.81	0.99	0.86	0.75	-0.34	0.98	0.9	1.0	0.92
Non Currrent Assets Other	0.5	0.97	0.98	0.91	0.97	0.78	0.94	0.98	0.74	0.1	0.58	0.98		0.58	0.96	0.98	0.84	-0.77	0.98	0.8	0.69	-0.32	0.98	0.84	0.98	0.87
Cash And Short Term Investments	0.63	0.7	0.66	0.5	0.64	0.77	0.78	0.56	0.76	0.22	1.0	0.65	0.58		0.66	0.65	0.71	-0.74	0.65	0.95	0.56	-0.31	0.52	0.59	0.69	0.77
Net Receivables	0.64	0.98	0.95	0.84	0.96	0.9	0.95	0.94	0.87	0.2	0.66	0.98	0.96	0.66		0.95	0.9	-0.77	0.96	0.87	0.73	-0.45	0.95	0.93	0.97	0.94
Non Current Liabilities Total	0.48	0.99	1.0	0.93	0.99	0.78	0.97	0.99	0.74	0.06	0.65	0.99	0.98	0.65	0.95		0.84	-0.8	1.0	0.84	0.74	-0.29	0.98	0.83	0.99	0.87
Other Current Assets	0.62	0.88	0.85	0.78	0.88	0.84	0.87	0.82	0.82	0.03	0.71	0.87	0.84	0.71	0.9	0.84		-0.74	0.85	0.86	0.86	-0.37	0.83	0.82	0.87	0.87
Other Stockholder Equity	-0.49	-0.82	-0.8	-0.61	-0.79	-0.77	-0.86	-0.76	-0.75	-0.37	-0.74	-0.81	-0.77	-0.74	-0.77	-0.8	-0.74		-0.79	-0.82	-0.52	0.26	-0.71	-0.74	-0.83	-0.87
Total Liab	0.49	0.99	1.0	0.93	1.0	0.78	0.97	0.99	0.74	0.05	0.65	0.99	0.98	0.65	0.96	1.0	0.85	-0.79		0.84	0.76	-0.3	0.99	0.83	0.99	0.88
Total Current Assets	0.69	0.89	0.85	0.7	0.84	0.89	0.93	0.78	0.87	0.22	0.95	0.86	0.8	0.95	0.87	0.84	0.86	-0.82	0.84		0.69	-0.39	0.76	0.79	0.88	0.91
Short Term Debt	0.35	0.75	0.77	0.77	0.81	0.6	0.77	0.75	0.58	-0.23	0.56	0.75	0.69	0.56	0.73	0.74	0.86	-0.52	0.76	0.69		-0.2	0.76	0.63	0.74	0.66
Short Term Investments	-0.84	-0.36	-0.27	-0.15	-0.32	-0.5	-0.33	-0.25	-0.47	-0.47	-0.31	-0.34	-0.32	-0.31	-0.45	-0.29	-0.37	0.26	-0.3	-0.39	-0.2		-0.29	-0.42	-0.34	-0.43
Intangible Assets	0.44	0.97	0.98	0.95	0.98	0.73	0.92	0.99	0.69	0.0	0.52	0.98	0.98	0.52	0.95	0.98	0.83	-0.71	0.99	0.76	0.76	-0.29		0.82	0.97	0.83
Other Assets	0.61	0.9	0.83	0.63	0.84	0.95	0.86	0.82	0.94	0.42	0.6	0.9	0.84	0.59	0.93	0.83	0.82	-0.74	0.83	0.79	0.63	-0.42	0.82		0.88	0.95
Good Will	0.55	1.0	0.99	0.89	0.99	0.85	0.98	0.98	0.82	0.16	0.69	1.0	0.98	0.69	0.97	0.99	0.87	-0.83	0.99	0.88	0.74	-0.34	0.97	0.88		0.93
Common Stock	0.67	0.94	0.88	0.67	0.88	0.98	0.94	0.84	0.96	0.42	0.77	0.92	0.87	0.77	0.94	0.87	0.87	-0.87	0.88	0.91	0.66	-0.43	0.83	0.95	0.93

Click cells to compare fundamentals

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	270.5M	311.0M	237.1M
Total Assets	10.2B	9.6B	10.2B	17.1B	19.7B	20.6B
Short Long Term Debt Total	4.5B	3.9B	4.5B	9.2B	10.6B	11.2B
Other Current Liab	376.5M	17.4M	51.1M	922.8M	1.1B	1.1B
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	8.0B	9.2B	9.7B
Retained Earnings	2.2B	2.2B	2.2B	2.0B	2.4B	2.5B
Accounts Payable	41.5M	423.6M	448.6M	162.7M	187.1M	127.0M
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	313.3M	360.3M	378.3M
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	821.9M	945.2M	992.4M
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	211.8M	72.9M	120.6M	175.9M	202.3M	212.4M
Other Stockholder Equity	(23.6M)	(69.4M)	(160.0M)	(151.6M)	(136.4M)	(129.6M)
Total Liab	6.2B	5.5B	6.1B	13.1B	15.0B	15.8B
Total Current Assets	2.4B	2.2B	2.3B	2.3B	2.6B	2.7B
Short Term Debt	674.1M	68.3M	66.4M	412.3M	474.1M	497.8M
Accumulated Other Comprehensive Income	17.8M	66.2M	(7.7M)	(53.6M)	(48.2M)	(45.8M)
Intangible Assets	1.6B	1.2B	1.1B	4.1B	4.7B	4.9B
Other Assets	1.0B	938.4M	1.1B	1.4B	1.6B	1.7B
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	2.6B
Property Plant Equipment	244.6M	401.9M	244.7M	356.9M	410.4M	431.0M
Current Deferred Revenue	812.2M	852.6M	902.2M	1.7B	2.0B	2.1B
Other Liab	522.4M	344.7M	270.2M	1.0B	1.2B	1.2B
Long Term Debt	3.6B	3.6B	4.2B	8.6B	9.8B	10.3B
Inventory	(43.9M)	(75.3M)	25.6M	45.9M	41.3M	43.3M
Noncontrolling Interest In Consolidated Entity	1.3M	1.5M	1.1M	1.3M	1.5M	1.6M
Common Stock Total Equity	1.9B	1.9B	2.0B	2.2B	2.5B	1.3B
Retained Earnings Total Equity	2.2B	2.2B	2.2B	2.0B	2.4B	1.3B
Deferred Long Term Liab	148.7M	50.3M	65.9M	424.0M	487.5M	511.9M
Treasury Stock	(18.7M)	(28.8M)	(23.6M)	(69.4M)	(62.4M)	(59.3M)

Open Text Investors Sentiment

The influence of Open Text's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Open. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Open Text's public news can be used to forecast risks associated with an investment in Open. The trend in average sentiment can be used to explain how an investor holding Open can time the market purely based on public headlines and social activities around Open Text Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Open Text's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Open Text's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Open Text's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Open Text.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Open Text in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Open Text's short interest history, or implied volatility extrapolated from Open Text options trading.

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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:

How To Invest In Open

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Is Open Stock a good investment?

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What is Open Text's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in income.

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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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.

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Open Common Stock vs Short Term Debt Analysis

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

Correlation Coefficient

Common Stock

Short Term Debt

Open Text fundamental ratios Correlations

Open Text Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Open Text fundamental ratios Accounts

Open Text Investors Sentiment

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

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity

Common Stock	- 0.87	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Property Plant And Equipment Net
Short Term Investments	- 0.84	Common Stock Shares Outstanding
Good Will	- 0.83	Other Stockholder Equity
Total Current Assets	- 0.82	Other Stockholder Equity
Other Stockholder Equity	- 0.82	Total Assets