Open Cash And Short Term Investments from 2010 to 2024

OTEX Stock  USD 29.25  0.66  2.31%   
Open Text Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1996-12-31
Previous Quarter
B
Current Value
1.1 B
Quarterly Volatility
552.3 M
 
Dot-com Bubble
 
Housing Crash
 
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 main balance sheet or income statement drivers, such as Interest Expense of 439.1 M, Total Revenue of 5.4 B or Gross Profit of 3.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.11, Dividend Yield of 0.0126 or PTB Ratio of 3.19. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
  
This module can also supplement Open Text's financial leverage analysis and stock options assessment as well as various Open Text Technical models . Check out the analysis of Open Text Correlation against competitors.

Latest Open Text's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Open Text Corp over the last few years. Short Term Investments is an account in the current assets section of Open Text Corp balance sheet. This account contains Open Text investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Open Text Corp fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Open Text's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Open Cash And Short Term Investments Regression Statistics

Arithmetic Mean979,535,263
Geometric Mean741,425,814
Coefficient Of Variation55.33
Mean Deviation475,723,613
Median941,009,000
Standard Deviation541,944,430
Sample Variance293703.8T
Range1.7B
R-Value0.83
Mean Square Error98175T
R-Squared0.69
Significance0.0001
Slope100,633,314
Total Sum of Squares4111852.7T

Open Cash And Short Term Investments History

20241.5 B
20231.4 B
20221.2 B
20211.7 B
20201.6 B
20191.7 B
2018941 M

About Open Text Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Open Text income statement, its balance sheet, and the statement of cash flows. Open Text investors use historical funamental indicators, such as Open Text's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Open Text investors may use each financial statement separately, they are all related. The changes in Open Text's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Open Text's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Open Text Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Open Text. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments1.4 B1.5 B

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When determining whether Open Text Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Text's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Text Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Text Corp Stock:
Check out the analysis of Open Text Correlation against competitors.
Note that the Open Text Corp information on this page should be used as a complementary analysis to other Open Text's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.
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Is Open Text's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Text. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Text listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.714
Dividend Share
0.993
Earnings Share
0.62
Revenue Per Share
21.729
Quarterly Revenue Growth
0.163
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Text's market value can be influenced by many factors that don't directly affect Open Text's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.