Open Text Balance Sheet Health
Financial Health criteria checks 0/6
Open Text has a total shareholder equity of $4.1B and total debt of $6.4B, which brings its debt-to-equity ratio to 154.4%. Its total assets and total liabilities are $13.8B and $9.6B respectively. Open Text's EBIT is $1.0B making its interest coverage ratio 2.4. It has cash and short-term investments of $1.0B.
Key information
154.4%
Debt to equity ratio
US$6.39b
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$1.00b |
| Equity | US$4.14b |
| Total liabilities | US$9.64b |
| Total assets | US$13.78b |
Recent financial health updates
These 4 Measures Indicate That Open Text (NASDAQ:OTEX) Is Using Debt Reasonably Well
Oct 19
Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet
Mar 22Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Oct 20Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Jul 14Recent updates
Is 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 19Returns At Open Text (NASDAQ:OTEX) Appear To Be Weighed Down
Oct 04OpenText Faces Slow Organic Revenue Growth And Higher R&D Expenses
Jul 19Open Text Corporation (NASDAQ:OTEX) Not Flying Under The Radar
Jun 18Is Now An Opportune Moment To Examine Open Text Corporation (NASDAQ:OTEX)?
May 22Open Text (NASDAQ:OTEX) Will Pay A Dividend Of $0.25
May 08Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)
May 06Open Text: Decent Cash-Generating Business With Temporary Headwinds
May 05Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet
Mar 22Open Text's (NASDAQ:OTEX) Soft Earnings Don't Show The Whole Picture
Feb 08Open Text: Buy The Dip Post Earnings After Solid Q2 Results
Feb 05Open Text's (NASDAQ:OTEX) Returns On Capital Not Reflecting Well On The Business
Jan 28Investors Interested In Open Text Corporation's (NASDAQ:OTEX) Earnings
Jan 15An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 42% Undervalued
Dec 07Here's Why We Think Open Text (NASDAQ:OTEX) Is Well Worth Watching
Nov 14Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Oct 20Open Text (NASDAQ:OTEX) May Have Issues Allocating Its Capital
Oct 07Is There Now An Opportunity In Open Text Corporation (NASDAQ:OTEX)?
Sep 23Here's Why Shareholders May Want To Be Cautious With Increasing Open Text Corporation's (NASDAQ:OTEX) CEO Pay Packet
Sep 08Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25
Aug 25Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25
Aug 09Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden
Jul 14Some Investors May Be Worried About Open Text's (NASDAQ:OTEX) Returns On Capital
Jun 19What Is Open Text Corporation's (NASDAQ:OTEX) Share Price Doing?
Jun 05Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 41%?
May 10Financial Position Analysis
Short Term Liabilities: OTEX's short term assets ($2.0B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: OTEX's short term assets ($2.0B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: OTEX's net debt to equity ratio (130.2%) is considered high.
Reducing Debt: OTEX's debt to equity ratio has increased from 66.9% to 154.4% over the past 5 years.
Debt Coverage: OTEX's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: OTEX's interest payments on its debt are not well covered by EBIT (2.4x coverage).