Open Net Working Capital from 2010 to 2024

OTEX Stock  USD 30.59  0.57  1.90%   
Open Text Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Open Text Net Working Capital regression line of annual values had r-squared of  0.0003 and arithmetic mean of  12,633,230. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-523.2 M
Current Value
-497 M
Quarterly Volatility
502.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Open Text Correlation against competitors.

Latest Open Text's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Open Text Corp over the last few years. It is Open Text's Net Working Capital 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.
Net Working Capital10 Years Trend
Very volatile
   Net Working Capital   
       Timeline  

Open Net Working Capital Regression Statistics

Arithmetic Mean12,633,230
Geometric Mean284,593,866
Coefficient Of Variation3,976
Mean Deviation394,114,247
Median(123,566,000)
Standard Deviation502,333,388
Sample Variance252338.8T
Range1.8B
R-Value(0.02)
Mean Square Error271657T
R-Squared0.0003
Significance0.95
Slope(2,072,528)
Total Sum of Squares3532743.7T

Open Net Working Capital History

2024-497 M
2023-523.2 M
2022-944.4 M
2021817.1 M
2020840.2 M
2019482.2 M
2018546.6 M

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Net Working Capital, 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 ReportedProjected for Next Year
Net Working Capital-523.2 M-497 M

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Additional Tools for Open Stock Analysis

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.