Open Text Corp Stock Current Asset

OTEX Stock  USD 30.43  0.10  0.33%   
Open Text Corp fundamentals help investors to digest information that contributes to Open Text's financial success or failures. It also enables traders to predict the movement of Open Stock. The fundamental analysis module provides a way to measure Open Text's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Open Text stock.
Non Current Assets Total is likely to rise to about 12.5 B in 2024. Other Current Assets is likely to rise to about 255.1 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Open Text Corp Company Current Asset Analysis

Open Text's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Open Text Current Asset

    
  146.71 M  
Most of Open Text's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Open Text Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Open Current Asset Historical Pattern

Today, most investors in Open Text Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Open Text's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Open Text current asset as a starting point in their analysis.
   Open Text Current Asset   
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Open Total Assets

Total Assets

14.92 Billion

At this time, Open Text's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Open Text Corp has a Current Asset of 146.71 M. This is 99.48% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current asset for all United States stocks is 98.43% higher than that of the company.

Open Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Open Text's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Open Text could also be used in its relative valuation, which is a method of valuing Open Text by comparing valuation metrics of similar companies.
Open Text is currently under evaluation in current asset category among its peers.

Open Text ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Open Text's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Open Text's managers, analysts, and investors.
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Open Fundamentals

About Open Text Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Open Text Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Open Text using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Open Text Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.