Open Property Plant And Equipment Net vs Total Liab Analysis

OTEX Stock

USD 30.79 0.08 0.26%

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 Property Plant And Equipment Net and its Total Liab 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.

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Open Text Corp Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Open Text's Property Plant And Equipment Net and Total Liab is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab 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 Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Open Text Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Open Text's Property Plant And Equipment Net and Total Liab go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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)

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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:

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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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

0.714

Dividend Share

0.993

Earnings Share

0.62

Revenue Per Share

21.729

Quarterly Revenue Growth

0.163

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 Property Plant And Equipment Net vs Total Liab Analysis

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Total Liab

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!

Complementary Tools for Open Stock analysis

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