Open Text (TSX:OTEX) Cash-to-Debt : 0.17 (As of Dec. 2024)

Open Text Cash-to-Debt Chart

Open Text Annual Data
	Trend	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23	Jun24
Cash-to-Debt		Get a 7-Day Free Trial					0.38	0.42	0.38	0.13	0.19

Open Text Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.13	0.19	0.15	0.17

Competitive Comparison of Open Text's Cash-to-Debt

For the Software - Application subindustry, Open Text's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Open Text's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Open Text's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Open Text's Cash-to-Debt falls into.

Open Text Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Open Text's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Open Text's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Open Text  (TSX:OTEX) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Open Text Cash-to-Debt Related Terms

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Open Text Business Description