Open Text Corporation

NasdaqGS:OTEX Stock Report

Market Cap: US$9.5b

Open Text Balance Sheet Health

Financial Health criteria checks 1/6

Open Text has a total shareholder equity of $4.0B and total debt of $8.5B, which brings its debt-to-equity ratio to 211.4%. Its total assets and total liabilities are $16.4B and $12.4B respectively. Open Text's EBIT is $852.8M making its interest coverage ratio 1.7. It has cash and short-term investments of $1.0B.

Key information

211.4%

Debt to equity ratio

US$8.52b

Debt

Interest coverage ratio1.7x
CashUS$1.01b
EquityUS$4.03b
Total liabilitiesUS$12.41b
Total assetsUS$16.44b

Recent financial health updates

Recent updates

Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet

Mar 22
Open Text (NASDAQ:OTEX) Has A Pretty Healthy Balance Sheet

Open Text's (NASDAQ:OTEX) Soft Earnings Don't Show The Whole Picture

Feb 08
Open Text's (NASDAQ:OTEX) Soft Earnings Don't Show The Whole Picture

Open Text: Buy The Dip Post Earnings After Solid Q2 Results

Feb 05

Open Text's (NASDAQ:OTEX) Returns On Capital Not Reflecting Well On The Business

Jan 28
Open Text's (NASDAQ:OTEX) Returns On Capital Not Reflecting Well On The Business

Investors Interested In Open Text Corporation's (NASDAQ:OTEX) Earnings

Jan 15
Investors Interested In Open Text Corporation's (NASDAQ:OTEX) Earnings

An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 42% Undervalued

Dec 07
An Intrinsic Calculation For Open Text Corporation (NASDAQ:OTEX) Suggests It's 42% Undervalued

Here's Why We Think Open Text (NASDAQ:OTEX) Is Well Worth Watching

Nov 14
Here's Why We Think Open Text (NASDAQ:OTEX) Is Well Worth Watching

Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Oct 20
Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Open Text (NASDAQ:OTEX) May Have Issues Allocating Its Capital

Oct 07
Open Text (NASDAQ:OTEX) May Have Issues Allocating Its Capital

Is There Now An Opportunity In Open Text Corporation (NASDAQ:OTEX)?

Sep 23
Is There Now An Opportunity In Open Text Corporation (NASDAQ:OTEX)?

Here's Why Shareholders May Want To Be Cautious With Increasing Open Text Corporation's (NASDAQ:OTEX) CEO Pay Packet

Sep 08
Here's Why Shareholders May Want To Be Cautious With Increasing Open Text Corporation's (NASDAQ:OTEX) CEO Pay Packet

Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25

Aug 25
Open Text (NASDAQ:OTEX) Is Increasing Its Dividend To $0.25

Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25

Aug 09
Open Text (NASDAQ:OTEX) Has Announced That It Will Be Increasing Its Dividend To $0.25

Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Jul 14
Here's Why Open Text (NASDAQ:OTEX) Has A Meaningful Debt Burden

Some Investors May Be Worried About Open Text's (NASDAQ:OTEX) Returns On Capital

Jun 19
Some Investors May Be Worried About Open Text's (NASDAQ:OTEX) Returns On Capital

What Is Open Text Corporation's (NASDAQ:OTEX) Share Price Doing?

Jun 05
What Is Open Text Corporation's (NASDAQ:OTEX) Share Price Doing?

Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 41%?

May 10
Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 41%?

Returns On Capital At Open Text (NASDAQ:OTEX) Have Stalled

Mar 13
Returns On Capital At Open Text (NASDAQ:OTEX) Have Stalled

Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Feb 27
Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Should You Think About Buying Open Text Corporation (NASDAQ:OTEX) Now?

Feb 13
Should You Think About Buying Open Text Corporation (NASDAQ:OTEX) Now?

Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 33%?

Feb 01
Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 33%?

Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)

Dec 06
Investors Met With Slowing Returns on Capital At Open Text (NASDAQ:OTEX)

Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Nov 20
Does Open Text (NASDAQ:OTEX) Have A Healthy Balance Sheet?

Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 50%?

Nov 02
Are Investors Undervaluing Open Text Corporation (NASDAQ:OTEX) By 50%?

What Does Open Text Corporation's (NASDAQ:OTEX) Share Price Indicate?

Oct 19
What Does Open Text Corporation's (NASDAQ:OTEX) Share Price Indicate?

Micro Focus International approves all-cash offer by OpenText

Oct 18

OpenText and Solarity enter strategic partnership

Sep 28

Open Text (NASDAQ:OTEX) Is Paying Out A Larger Dividend Than Last Year

Aug 27
Open Text (NASDAQ:OTEX) Is Paying Out A Larger Dividend Than Last Year

OpenText to acquire Micro Focus International for 532 pence/share

Aug 26

Financial Position Analysis

Short Term Liabilities: OTEX's short term assets ($4.1B) exceed its short term liabilities ($3.0B).

Long Term Liabilities: OTEX's short term assets ($4.1B) do not cover its long term liabilities ($9.5B).


Debt to Equity History and Analysis

Debt Level: OTEX's net debt to equity ratio (186.4%) is considered high.

Reducing Debt: OTEX's debt to equity ratio has increased from 69.1% to 211.4% over the past 5 years.

Debt Coverage: OTEX's debt is not well covered by operating cash flow (10%).

Interest Coverage: OTEX's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


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