Open Historical Cash Flow
| OTEX Stock | CAD 37.90 0.40 1.04% |
Analysis of Open Text cash flow over time is an excellent tool to project Open Text Corp future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Cashflows From Financing Activities of 92.9 M or Depreciation of 975.6 M as it is a great indicator of Open Text ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Open Text Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Open Text Corp is a good buy for the upcoming year.
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About Open Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Open balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Open's non-liquid assets can be easily converted into cash.
Open Text Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Open Text Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Open Text operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most accounts from Open Text's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Open Text Corp current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Open Text's Net Income is very stable compared to the past year. As of the 28th of March 2025, End Period Cash Flow is likely to grow to about 1.5 B, while Change In Cash is likely to drop about 50.2 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Capital Expenditures | 123.8M | 159.3M | 183.2M | 192.3M | Depreciation | 657.4M | 807.9M | 929.1M | 975.6M |
Open Text cash flow statement Correlations
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Open Text Account Relationship Matchups
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Open Text cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | (87.5M) | 86.1M | (462.0M) | 48.8M | 56.2M | 50.2M | |
| Free Cash Flow | 812.4M | 888.7M | 655.4M | 808.4M | 929.7M | 976.1M | |
| Change In Working Capital | (31.4M) | 48.4M | (207.4M) | (8.6M) | (7.7M) | (8.1M) | |
| Begin Period Cash Flow | 1.7B | 1.6B | 1.7B | 1.2B | 1.4B | 1.5B | |
| Other Cashflows From Financing Activities | 80.1M | 24.7M | (40.0M) | 76.9M | 88.4M | 92.9M | |
| Depreciation | 520.6M | 504.0M | 657.4M | 807.9M | 929.1M | 975.6M | |
| Capital Expenditures | 63.7M | 93.1M | 123.8M | 159.3M | 183.2M | 192.3M | |
| Total Cash From Operating Activities | 876.1M | 981.8M | 779.2M | 967.7M | 1.1B | 1.2B | |
| Net Income | 310.9M | 397.3M | 150.6M | 465.3M | 535.1M | 561.8M | |
| Total Cash From Financing Activities | (924.5M) | 138.5M | 4.4B | (3.0B) | (3.4B) | (3.2B) | |
| End Period Cash Flow | 1.6B | 1.7B | 1.2B | 1.3B | 1.5B | 1.5B | |
| Other Non Cash Items | (49.0M) | (1.3M) | 198.0M | (294.7M) | (265.3M) | (252.0M) | |
| Sale Purchase Of Stock | (184.0M) | (288.6M) | (21.9M) | (203.1M) | (182.8M) | (173.7M) | |
| Stock Based Compensation | 52.0M | 69.6M | 130.3M | 140.1M | 161.1M | 169.1M | |
| Change To Account Receivables | 61.0M | 81.8M | 168.6M | 13.2M | 15.1M | 14.4M | |
| Dividends Paid | 210.7M | 237.7M | 259.5M | 267.4M | 307.5M | 172.2M | |
| Investments | (68.8M) | (971.0M) | (5.7B) | 2.1B | 1.8B | 1.9B | |
| Net Borrowings | 1.4B | (610M) | 640M | 4.7B | 5.4B | 5.7B | |
| Total Cashflows From Investing Activities | (1.5B) | (68.8M) | (971.0M) | (5.7B) | (5.1B) | (4.8B) | |
| Change To Operating Activities | (6.7M) | 22.4M | (661K) | (62.0M) | (55.8M) | (53.0M) | |
| Other Cashflows From Investing Activities | (14.1M) | (4.6M) | (3.9M) | 130.4M | 149.9M | 157.4M | |
| Change To Netincome | 105.7M | 71.7M | 27.0M | 162.0M | 186.3M | 195.6M | |
| Change To Liabilities | 55.9M | 65.4M | (29.4M) | (255.5M) | (229.9M) | (218.4M) |
Pair Trading with Open Text
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Open Text position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Open Text will appreciate offsetting losses from the drop in the long position's value.Moving together with Open Stock
Moving against Open Stock
The ability to find closely correlated positions to Open Text could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Open Text when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Open Text - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Open Text Corp to buy it.
The correlation of Open Text is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Open Text moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Open Text Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Open Text can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.