Open Text (TSX:OTEX) Effective Interest Rate on Debt % : 5.47% (As of Mar. 2025)

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What is Open Text Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Open Text's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was C$521 Mil. Open Text's average total debt for the quarter that ended in Mar. 2025 was C$9,519 Mil. Therefore, Open Text's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.47%.

Open Text Effective Interest Rate on Debt % Historical Data

The historical data trend for Open Text's Effective Interest Rate on Debt % 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.

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Open Text Effective Interest Rate on Debt % Chart

Open Text Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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4.49

3.52

3.98

5.65

7.22

Open Text Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.65	6.19	5.88	5.87	5.47

Competitive Comparison of Open Text's Effective Interest Rate on Debt %

For the Software - Application subindustry, Open Text's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on 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 Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Open Text's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Open Text's Effective Interest Rate on Debt % falls into.

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Open Text Effective Interest Rate on Debt % Calculation

Open Text's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -774.766	/	( (12284.17	+	9165.1)	/ 2 )
=	-1 * -774.766	/	10724.635
=	7.22 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11736.421	+	547.749
=	12284.17

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9011.198	+	153.902
=	9165.1

Open Text's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -520.984	/	( (9488.755	+	9549.859)	/ 2 )
=	-1 * -520.984	/	9519.307
=	5.47 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9331.256	+	157.499
=	9488.755

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9389.95	+	159.909
=	9549.859

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Open Text (TSX:OTEX) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Open Text Effective Interest Rate on Debt % Related Terms

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Open Text Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (TSX:OTEX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

OTEX:USA OTX:Germany OTX:Germany

Address

275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1

Website

https://www.opentext.com

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.

Executives

Brian Paul Sweeney	Senior Officer
Richard Paul Rodgers	Senior Officer
Madhu Ranganathan	Senior Officer
Mark James Barrenechea	Director, Senior Officer
Michael William George Slaunwhite	Director
Cosmin Razvan Balota	Senior Officer
James Prentiss Donohue	Senior Officer
Paul Michael Duggan	Senior Officer
Simon David Harrison	Senior Officer
Muhieddine Majzoub	Senior Officer
Christopher James Mcgourlay	Senior Officer
Douglas Michael Parker	Senior Officer
Michael Fernando Acedo	Senior Officer
David Fraser	Director
Renee Dione Mckenzie	Senior Officer