Open Text Corp (OTEX)
36.02
-0.07
(-0.19%)
USD |
NASDAQ |
Apr 24, 16:00
36.02
0.00 (0.00%)
After-Hours: 20:00
Open Text Debt to Equity Ratio: 2.115 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.115 |
| September 30, 2023 | 2.168 |
| June 30, 2023 | 2.209 |
| March 31, 2023 | 2.198 |
| December 31, 2022 | 1.263 |
| September 30, 2022 | 1.096 |
| June 30, 2022 | 1.047 |
| March 31, 2022 | 1.041 |
| December 31, 2021 | 1.022 |
| September 30, 2021 | 0.8527 |
| June 30, 2021 | 0.8758 |
| March 31, 2021 | 0.8908 |
| December 31, 2020 | 0.8975 |
| September 30, 2020 | 1.031 |
| June 30, 2020 | 1.047 |
| March 31, 2020 | 1.050 |
| December 31, 2019 | 0.879 |
| September 30, 2019 | 0.669 |
| June 30, 2019 | 0.6733 |
| March 31, 2019 | 0.6818 |
| December 31, 2018 | 0.6916 |
| September 30, 2018 | 0.703 |
| June 30, 2018 | 0.7052 |
| March 31, 2018 | 0.7219 |
| December 31, 2017 | 0.7631 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.777 |
| June 30, 2017 | 0.7275 |
| March 31, 2017 | 0.7484 |
| December 31, 2016 | 0.6871 |
| September 30, 2016 | 0.7452 |
| June 30, 2016 | 1.085 |
| March 31, 2016 | 0.8283 |
| December 31, 2015 | 0.8547 |
| September 30, 2015 | 0.8765 |
| June 30, 2015 | 0.8514 |
| March 31, 2015 | 0.8984 |
| December 31, 2014 | 0.7345 |
| September 30, 2014 | 0.7704 |
| June 30, 2014 | 0.8036 |
| March 31, 2014 | 0.8509 |
| December 31, 2013 | 0.3884 |
| September 30, 2013 | 0.4104 |
| June 30, 2013 | 0.4229 |
| March 31, 2013 | 0.442 |
| December 31, 2012 | 0.4577 |
| September 30, 2012 | 0.4877 |
| June 30, 2012 | 0.5057 |
| March 31, 2012 | 0.5138 |
| December 31, 2011 | 0.5432 |
| September 30, 2011 | 0.3217 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.669
Minimum
Sep 2019
2.209
Maximum
Jun 2023
1.212
Average
1.041
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Skkynet Cloud Systems Inc | 0.00 |
| BYND Cannasoft Enterprises Inc | 0.0024 |
| Asure Software Inc | 0.0225 |
| Digimarc Corp | 0.00 |
| Global Mofy Metaverse Ltd | 0.1176 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.44B |
| Total Liabilities (Quarterly) | 12.41B |
| Shareholders Equity (Quarterly) | 4.029B |
| Current Ratio | 1.380 |
| Net Debt Paydown Yield | -7.66% |