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Open Text Equity-to-Asset

: 0.40 (As of Jun. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Open Text's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $4,031 Mil. Open Text's Total Assets for the quarter that ended in Jun. 2022 was $10,179 Mil. Therefore, Open Text's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.40.

The historical rank and industry rank for Open Text's Equity-to-Asset or its related term are showing as below:

OTEX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.5   Max: 0.88
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Open Text was 0.88. The lowest was 0.38. And the median was 0.50.

OTEX's Equity-to-Asset is ranked worse than
71.83% of 2716 companies
in the Software industry
Industry Median: 0.58 vs OTEX: 0.40

Open Text Equity-to-Asset Historical Data

The historical data trend for Open Text's Equity-to-Asset 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.

* Premium members only.

Open Text Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.49 0.39 0.43 0.40

Open Text Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.43 0.44 0.41 0.40 0.40

Competitive Comparison

For the Software - Application subindustry, Open Text's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution

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

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



Open Text Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Open Text's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=4031.118/10178.973
=0.40

Open Text's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=4031.118/10178.973
=0.40

* 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  (NAS:OTEX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Open Text Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Open Text's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Open Text Business Description

Open Text logo
Traded in Other Exchanges
Address
275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1
Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, presentations). The company is based in Ontario, Canada.

Open Text Headlines

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OpenText Corp. Updates 1 Key Risk Factor

By tipranks.com 2022-02-09

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