Open Text (TSX:OTEX) Interest Expense : C$-562 Mil (TTM As of Mar. 2025)

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What is Open Text Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Open Text's interest expense for the three months ended in Mar. 2025 was C$ -130 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was C$-562 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Open Text's Operating Income for the three months ended in Mar. 2025 was C$ 306 Mil. Open Text's Interest Expense for the three months ended in Mar. 2025 was C$ -130 Mil. Open Text's Interest Coverage for the quarter that ended in Mar. 2025 was 2.35. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Open Text Interest Expense Historical Data

The historical data trend for Open Text's Interest Expense 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 Interest Expense Chart

Open Text Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-214.32

-189.93

-208.09

-508.74

-774.77

Open Text Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-196.12	-161.58	-133.89	-136.08	-130.25

Open Text Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-562 Mil.

Open Text (TSX:OTEX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Open Text's Interest Expense for the three months ended in Mar. 2025 was C$-130 Mil. Its Operating Income for the three months ended in Mar. 2025 was C$306 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was C$9,390 Mil.

Open Text's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	305.702	/	-130.246
	=	2.35

The higher the ratio, the stronger the company's financial strength is.

Open Text Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (TSX:OTEX) » Definitions » Interest Expense

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