Open Minority Interest from 2010 to 2024
| OTEX Stock | USD 30.43 0.10 0.33% |
Minority Interest | First Reported 2000-09-30 | Previous Quarter -45 K | Current Value -54 K | Quarterly Volatility 227.7 K |
Check Open Text financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open Text's main balance sheet or income statement drivers, such as Interest Expense of 593.6 M, Total Revenue of 6.1 B or Gross Profit of 4.4 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0344 or PTB Ratio of 3.16. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
Open | Minority Interest |
Latest Open Text's Minority Interest Growth Pattern
Below is the plot of the Minority Interest of Open Text Corp over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Open Text Corp whose combined shares represent less than 50% of the total outstanding shares issued by Open Text have a minority interest in Open Text. It is Open Text's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Open Text's overall financial position and show how it may be relating to other accounts over time.
| Minority Interest | 10 Years Trend |
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Minority Interest |
| Timeline |
Open Minority Interest Regression Statistics
| Arithmetic Mean | 224,780 | |
| Coefficient Of Variation | 223.98 | |
| Mean Deviation | 322,755 | |
| Median | 79,000 | |
| Standard Deviation | 503,457 | |
| Sample Variance | 253.5B | |
| Range | 1.7M | |
| R-Value | (0.16) | |
| Mean Square Error | 266.2B | |
| R-Squared | 0.02 | |
| Significance | 0.58 | |
| Slope | (17,672) | |
| Total Sum of Squares | 3.5T |
Open Minority Interest History
About Open Text Financial Statements
Open Text investors use historical fundamental indicators, such as Open Text's Minority Interest, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Open Text. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Minority Interest | -194 K | -184.3 K |
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When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.