Open Text Balance Sheet Health
Financial Health criteria checks 1/6
Open Text has a total shareholder equity of $3.9B and total debt of $6.4B, which brings its debt-to-equity ratio to 162.3%. Its total assets and total liabilities are $13.8B and $9.8B respectively. Open Text's EBIT is $1.0B making its interest coverage ratio 3.4. It has cash and short-term investments of $1.2B.
Key information
162.26%
Debt to equity ratio
US$6.38b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$1.16b |
| Equity | US$3.93b |
| Total liabilities | US$9.84b |
| Total assets | US$13.77b |
Recent financial health updates
Is Open Text (NASDAQ:OTEX) A Risky Investment?
Aug 04
Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?
Feb 02These 4 Measures Indicate That Open Text (NASDAQ:OTEX) Is Using Debt Reasonably Well
Oct 19Recent updates
Open Text Stock: A Modern Rarity And An AI Diamond With A Low P/E
Sep 17An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 48% Undervalued
Sep 05Open Text's (NASDAQ:OTEX) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 12Is Open Text (NASDAQ:OTEX) A Risky Investment?
Aug 04Open Text Corporation's (NASDAQ:OTEX) Business And Shares Still Trailing The Market
Jul 09Here's Why Open Text (NASDAQ:OTEX) Has Caught The Eye Of Investors
Jun 11Open Text's (NASDAQ:OTEX) Profits May Not Reveal Underlying Issues
May 07Should You Investigate Open Text Corporation (NASDAQ:OTEX) At US$23.20?
Apr 09Open Text Corporation's (NASDAQ:OTEX) Business And Shares Still Trailing The Market
Mar 26Here's What To Make Of Open Text's (NASDAQ:OTEX) Decelerating Rates Of Return
Mar 13Open Text: Still Decent Risk Reward
Feb 18Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?
Feb 02Open Text Corporation (NASDAQ:OTEX) Could Be Riskier Than It Looks
Dec 22Open Text: Not Quite As Cheap As It Seems, But Still A Buy
Dec 05Is Now An Opportune Moment To Examine Open Text Corporation (NASDAQ:OTEX)?
Nov 14These 4 Measures Indicate That Open Text (NASDAQ:OTEX) Is Using Debt Reasonably Well
Oct 19
Strengthening Competitive Edge With Cloud, AI, And Calculated Partnerships Amid Financial Challenges
Launch of OpenText 3.0 and strategic cloud partnerships aim to enhance product offerings and market position, impacting future revenue and margins.OpenText Faces Slow Organic Revenue Growth And Higher R&D Expenses
Jul 19Open Text: Decent Cash-Generating Business With Temporary Headwinds
May 05Financial Position Analysis
Short Term Liabilities: OTEX's short term assets ($2.2B) do not cover its short term liabilities ($2.7B).
Long Term Liabilities: OTEX's short term assets ($2.2B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: OTEX's net debt to equity ratio (132.8%) is considered high.
Reducing Debt: OTEX's debt to equity ratio has increased from 104.7% to 162.3% over the past 5 years.
Debt Coverage: OTEX's debt is not well covered by operating cash flow (13%).
Interest Coverage: OTEX's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/09 10:03 |
| End of Day Share Price | 2025/10/09 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Open Text Corporation is covered by 32 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kadambari Daptardar | Accountability Research Corporation |
| Raimo Lenschow | Barclays |
| Phillip Huang | Barclays |