Open Tax Provision from 2010 to 2025

OTEX Stock  USD 25.91  0.64  2.41%   
Open Text Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2025. Tax Provision is the amount set aside by Open Text Corp to cover any estimated taxes for the current period. It reflects Open Text's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
1.9 M
Current Value
50.9 M
Quarterly Volatility
67.9 M
 
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 682.6 M, Total Revenue of 7 B or Gross Profit of 5.1 B, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0309 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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Open Text Corp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Open Text's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Open Tax Provision Regression Statistics

Arithmetic Mean75,847,081
Coefficient Of Variation335.43
Mean Deviation143,487,706
Median110,837,000
Standard Deviation254,411,320
Sample Variance64725.1T
Range1.1B
R-Value0.43
Mean Square Error56399.2T
R-Squared0.19
Significance0.09
Slope23,091,088
Total Sum of Squares970876.8T

Open Tax Provision History

2025318.8 M
2024303.6 M
2023264 M
202270.8 M
2021118.8 M
2020339.9 M
2019110.8 M

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Tax Provision, 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
Tax Provision303.6 M318.8 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.