Open Text (MEX:OTEXN) Current Ratio: 0.94 (As of Mar. 2026) — 29% Below Median


MEX:OTEXN Open Text Corp MEX:OTEXN
85 GF Score
Price MXN777.91
GF Value MXN1,168.28
! 4 Warning Signs
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What is Open Text Current Ratio?

Open Text MEX:OTEXN 85 Current Ratio is 0.94 as of Mar. 2026, which is 29% below its 10-year median of 1.33. GuruFocus rates MEX:OTEXN with a GF Score™ of 85/100 and a GF Value™ of MXN1,168.28. The stock has 4 warning signs investors should review. Among 2,865 Software companies, Open Text ranks worse than 81.64% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Open Text's current ratio for the quarter that ended in Mar. 2026 was 0.94.

Open Text has a current ratio of 0.94. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Open Text has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Open Text's Current Ratio or its related term are showing as below:

MEX:OTEXN' s Current Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.33   Max: 3.29
Current: 0.94

During the past 13 years, Open Text's highest Current Ratio was 3.29. The lowest was 0.62. And the median was 1.33.

MEX:OTEXN's Current Ratio is ranked worse than
81.64% of 2865 companies
in the Software industry
Industry Median: 1.82 vs MEX:OTEXN: 0.94

Open Text  (MEX:OTEXN) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Open Text Current Ratio Related Terms


Open Text Current Ratio Historical Data

* Premium members only.

The historical data trend for Open Text's Current Ratio can be seen below:

* 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 Current Ratio Chart

Open Text Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.56 0.71 0.81 0.80

Open Text Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.80 0.87 0.94 0.94

MEX:OTEXN vs CRM, SHOP, UBER: Current Ratio Comparison

For the Software - Application subindustry, Open Text's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Software Industry

For the Software industry and Technology sector, Open Text's Current Ratio distribution charts can be found below:

* The bar in red indicates where Open Text's Current Ratio falls into.


MEX:OTEXN
85GF Score
Open Text Corp MEX:OTEXN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Open Text Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Open Text's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=41451.693/51724.829
=0.80

Open Text's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=42981.932/45709.342
=0.94

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.94 mean?
Open Text (MEX:OTEXN) has a Current Ratio of 0.94 as of Mar. 2026. This is 29% below median its historical median of 1.33. Over the past decade, Open Text's Current Ratio has ranged from 0.62 to 3.29. According to the industry distribution chart, Open Text ranks #2339 out of 2865 companies in the Software industry, placing it in the top 81.6%.
Is Open Text's Current Ratio too high?
Open Text's current Current Ratio of 0.94 is 29% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 3.29. The Software industry median Current Ratio is 1.82. Open Text's value of 0.94 is 48.4% below this industry median. Based on the distribution chart, Open Text ranks #2339 out of 2865 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Open Text has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Open Text's Current Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Open Text ranks #2339 out of 2865 companies for Current Ratio. This places Open Text in the lower half of its industry. The industry median Current Ratio is 1.82. Open Text's value of 0.94 is 48.4% below this benchmark. Historically, Open Text's own Current Ratio has ranged from 0.62 to 3.29 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.82, Open Text has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Software company?
The median Current Ratio among Software companies is 1.82, based on 2,865 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Open Text's current Current Ratio of 0.94 is 48.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Text's current Current Ratio is 0.94, which is 29% below median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Text stock overvalued right now?
Open Text (MEX:OTEXN) has a current Current Ratio of 0.94. The stock's GF Value™ is MXN1,168.28, compared to a current price of MXN777.91 — trading 33.4% below its estimated fair value. The current Current Ratio is 0.94, which is 29% below median its 10-year median of 1.33 and 48.4% below the Software industry median of 1.82. Open Text's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Open Text (MEX:OTEXN), the current Current Ratio is 0.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Open Text (MEX:OTEXN) Overvalued in 2026?

Based on GuruFocus' analysis, Open Text stock appears to be undervalued. The current stock price of MXN777.91 is trading 33.4% below its estimated GF Value™ of MXN1,168.28.

Key valuation signals for MEX:OTEXN:

  • Current Ratio: 0.94 (29% below median its 10-year median of 1.33)
  • GF Value™: MXN1,168.28 vs. price of MXN777.91 (33.4% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 48.4% below the Software median (#2339 of 2865)

No single metric tells the full story. See the MEX:OTEXN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Open Text Business Description

Address 275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1
Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.
85GF Score

Get the complete analysis for MEX:OTEXN

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN777.91
Price
MXN1,168.28
GF Value