Open Text Corporation (OTEX) Balance Sheet
OTEX balance sheet, FY2026
June 30, 2026 · U.S. dollars$13.11B assets = $9.09B liabilities + $4.02B equity
Both columns are drawn to the same scale: what OTEX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
OTEX financial health
Current ratio0.81
Tight · current assets cover current liabilities 0.81×
Debt / equity1.49
Moderate leverage · $1.49 of debt for each $1 of equity
Equity / assets30.6%
Balanced · of assets funded by shareholders
Cash / debt16.0%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles67.2%
Mostly intangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
OTEX balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.48BFY2017 | $13.11BFY2026 | +6.4%/yr | |
| Total liabilities | $3.95BFY2017 | $9.09BFY2026 | +9.7%/yr | |
| Shareholders’ equity | $3.53BFY2017 | $4.01BFY2026 | +1.4%/yr | |
| Cash & short-term investments | $443.4MFY2017 | $956.0MFY2026 | +8.9%/yr | |
| Total debt | $2.57BFY2017 | $5.97BFY2026 | +9.8%/yr | |
| Net cash (debt) | −$2.13BFY2017 | −$5.02BFY2026 | −$2.9B | |
| Working capital | −$123.6MFY2017 | −$505.5MFY2026 | −$381.9M | |
| Book value per share | $13.81FY2017 | $16.10FY2026 | +1.7%/yr | |
| Current ratio | 0.89FY2017 | 0.81FY2026 | −0.08 | |
| Debt / equity | 0.73FY2017 | 1.49FY2026 | +0.76 | |
| Shares outstanding | 255.8MFY2017 | 249.4MFY2026 | −0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
OTEX assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
OTEX liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
OTEX debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
OTEX balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $956.0M | $1.16B | $1.28B | $1.23B | $1.69B | $1.61B | $1.69B | $941.0M | $682.9M | $443.4M |
| Cash & equivalents | $956.0M | $1.16B | $1.28B | $1.23B | $1.69B | $1.61B | $1.69B | $941.0M | $682.9M | $443.4M |
| Short-term investments | — | — | $4.1M | $2.6M | $6.3M | $3.0M | $7.5M | — | $0 | $0 |
| Receivables | $926.2M | $846.4M | $753.8M | $821.9M | $471.1M | $496.2M | $557.1M | $523.1M | $543.6M | $478.5M |
| Inventory | $0 | $0 | −$3.9M | $45.9M | $0 | $25.6M | −$75.3M | −$43.9M | $1 | $1 |
| Other current assets | $235.6M | $198.6M | $246.8M | $175.9M | $120.6M | $72.9M | $211.8M | $141.1M | $101.1M | $81.6M |
| Total current assets | $2.12B | $2.20B | $2.28B | $2.28B | $2.29B | $2.20B | $2.39B | $1.56B | $1.33B | $1.00B |
| Property, plant & equipment (net) | $656.6M | $573.2M | $587.5M | $642.6M | $442.8M | $468.1M | $452.4M | $249.5M | $264.2M | $227.4M |
| Goodwill & intangible assets | $8.80B | $9.49B | $9.97B | $12.74B | $6.32B | $5.88B | $6.28B | $4.92B | $4.88B | $4.89B |
| Long-term investments | $157.2M | $161.8M | $164.7M | $94.3M | $44.0M | $121.8M | $29.6M | $38.0M | $24.5M | $8.6M |
| Other non-current assets | $1.37B | $1.34B | $1.20B | $1.33B | $1.09B | $938.4M | $1.08B | $1.17B | $1.27B | $1.35B |
| Total assets | $13.11B | $13.77B | $14.21B | $17.09B | $10.18B | $9.61B | $10.23B | $7.93B | $7.77B | $7.48B |
| Liabilities | ||||||||||
| Accounts payable | $127.5M | $136.2M | $151.2M | $162.7M | $114.0M | $57.5M | $41.5M | $46.3M | $41.7M | $43.7M |
| Short-term debt | $99.5M | $111.8M | $112.3M | $412.3M | $66.4M | $68.3M | $674.1M | $10.0M | $10.0M | $182.8M |
| Deferred revenue | $1.48B | $1.52B | $1.52B | $1.72B | $902.2M | $852.6M | $812.2M | $641.7M | $644.2M | $570.3M |
| Total current liabilities | $2.62B | $2.75B | $2.80B | $3.22B | $1.47B | $1.36B | $1.90B | $1.01B | $994.6M | $1.13B |
| Long-term debt | $5.73B | $6.34B | $6.36B | $8.56B | $4.21B | $3.58B | $3.58B | $2.60B | $2.61B | $2.39B |
| Lease obligations | $202.0M | $265.9M | $294.6M | $363.0M | $255.1M | $282.8M | $281.2M | — | — | — |
| Other long-term liabilities | $732.6M | $754.4M | $848.6M | $1.29B | $468.9M | $569.1M | $739.6M | $429.7M | $442.6M | $433.1M |
| Total liabilities | $9.09B | $9.84B | $10.01B | $13.07B | $6.15B | $5.51B | $6.23B | $4.05B | $4.05B | $3.95B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.16B | $2.19B | $2.27B | $2.18B | $2.04B | $1.95B | $1.85B | $1.77B | $3.41B | $1.79B |
| Retained earnings (deficit) | $2.02B | $1.94B | $2.12B | $2.05B | $2.16B | $2.15B | $2.16B | $2.11B | $1.99B | $1.90B |
| Treasury stock | — | — | — | — | — | −$69.4M | −$23.6M | −$28.8M | −$18.7M | −$27.5M |
| Accumulated other comprehensive income | −$38.6M | −$67.1M | −$69.6M | −$53.6M | −$7.7M | $66.2M | $17.8M | $24.1M | $33.6M | $48.8M |
| Minority interest | $2.0M | $1.7M | $1.5M | $1.3M | $1.1M | $1.5M | $1.3M | $1.2M | $1.0M | $961,000 |
| Total shareholders' equity | $4.01B | $3.93B | $4.20B | $4.02B | $4.03B | $4.10B | $4.01B | $3.88B | $3.72B | $3.53B |
| Key figures | ||||||||||
| Total debt | $5.97B | $6.64B | $6.69B | $9.25B | $4.47B | $3.87B | $4.48B | $2.61B | $2.62B | $2.57B |
| Net cash (debt) | −$5.02B | −$5.49B | −$5.41B | −$8.01B | −$2.78B | −$2.26B | −$2.78B | −$1.67B | −$1.94B | −$2.13B |
| Working capital | −$505.5M | −$545.6M | −$523.2M | −$944.4M | $817.1M | $840.2M | $482.2M | $546.6M | $333.0M | −$123.6M |
| Tangible book value | −$4.79B | −$5.57B | −$5.78B | −$8.72B | −$2.29B | −$1.78B | −$2.28B | −$1.03B | −$1.16B | −$1.36B |
| Book value per share | $16.10 | $14.90 | $15.40 | $14.87 | $14.83 | $14.98 | $14.74 | $14.39 | $13.89 | $13.81 |
| Shares outstanding | 249.4M | 263.6M | 272.6M | 270.5M | 271.9M | 273.5M | 271.8M | 269.9M | 267.5M | 255.8M |
| Current ratio | 0.81 | 0.80 | 0.81 | 0.71 | 1.56 | 1.62 | 1.25 | 1.54 | 1.33 | 0.89 |
| Quick ratio | 0.72 | 0.73 | 0.73 | 0.64 | 1.47 | 1.54 | 1.18 | 1.44 | 1.23 | 0.82 |
| Debt / equity | 1.49 | 1.69 | 1.59 | 2.30 | 1.11 | 0.94 | 1.12 | 0.67 | 0.71 | 0.73 |
| Equity / assets | 30.6% | 28.5% | 29.6% | 23.5% | 39.6% | 42.6% | 39.1% | 48.9% | 47.9% | 47.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $956.0M | $1.26B | $1.27B | $1.09B | $1.16B | $1.28B | $1.12B | $1.00B | $1.28B | $1.13B | $1.00B | $919.9M |
| Cash & equivalents | $956.0M | $1.26B | $1.27B | $1.09B | $1.16B | $1.28B | $1.12B | $1.00B | $1.28B | $1.13B | $1.00B | $919.9M |
| Short-term investments | — | — | — | — | — | — | — | $2.0M | $4.1M | $3.8M | $4.3M | $4.4M |
| Receivables | $926.2M | $740.9M | $778.2M | $747.6M | $846.4M | $641.0M | $678.8M | $759.5M | $753.8M | $734.4M | $814.3M | $825.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | −$1.6M | $0 | $1 | $0 | $2.10B | $41.4M |
| Other current assets | $235.6M | $342.0M | $302.5M | $302.2M | $198.6M | $242.7M | $285.7M | $220.4M | $242.9M | $2.33B | $169.6M | $158.6M |
| Total current assets | $2.12B | $2.35B | $2.35B | $2.14B | $2.20B | $2.16B | $2.09B | $1.98B | $2.28B | $4.19B | $4.08B | $1.95B |
| Property, plant & equipment (net) | $656.57B | $531.8M | $545.8M | $557.5M | $573.2M | $576.9M | $567.0M | $585.0M | $587.5M | $575.4M | $597.7M | $627.7M |
| Goodwill & intangible assets | $8.80B | $8.94B | $9.16B | $9.29B | $9.49B | $9.60B | $9.71B | $9.86B | $9.97B | $10.15B | $10.38B | $12.51B |
| Long-term investments | $157.2M | $169.5M | $170.5M | $164.7M | $161.8M | $162.5M | $159.9M | $167.1M | $164.7M | $164.7M | $168.2M | $176.3M |
| Other non-current assets | $0 | $1.38B | $1.34B | $1.32B | $1.34B | $1.26B | $1.21B | $1.19B | $1.20B | $1.31B | $1.22B | $1.30B |
| Total assets | $13.11B | $13.37B | $13.57B | $13.48B | $13.77B | $13.75B | $13.73B | $13.78B | $14.21B | $16.39B | $16.44B | $16.55B |
| Liabilities | ||||||||||||
| Accounts payable | $127.5M | $123.9M | $130.6M | $128.1M | $136.2M | $130.5M | $128.4M | $113.5M | $151.2M | $169.5M | $144.2M | $138.5M |
| Short-term debt | $99.5M | $99.7M | $102.5M | $109.6M | $111.8M | $35.9M | $185.2M | $111.2M | $112.3M | $126.8M | $132.7M | $236.3M |
| Deferred revenue | $1.48B | $1.51B | $1.46B | $1.40B | $1.52B | $1.53B | $1.45B | $1.45B | $1.52B | $1.58B | $1.54B | $1.60B |
| Total current liabilities | $2.62B | $2.54B | $2.50B | $2.46B | $2.75B | $2.52B | $2.40B | $2.50B | $2.80B | $2.99B | $2.96B | $2.82B |
| Long-term debt | $5.73B | $6.17B | $6.34B | $6.34B | $6.34B | $6.35B | $6.35B | $6.35B | $6.36B | $8.31B | $8.47B | $8.55B |
| Lease obligations | $202.0M | $203.8M | $221.8M | $255.7M | $265.9M | $270.9M | $275.5M | $288.7M | $294.6M | $305.9M | $323.3M | $343.0M |
| Other long-term liabilities | $732.6M | $674.0M | $684.3M | $721.0M | $754.4M | $0 | $0 | $789.6M | $848.6M | $968.2M | $979.1M | $1.16B |
| Total liabilities | $9.09B | $9.39B | $9.52B | $9.52B | $9.84B | $9.62B | $9.50B | $9.64B | $10.01B | $12.26B | $12.41B | $12.54B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.16B | $2.14B | $2.18B | $2.19B | $2.19B | $2.20B | $2.28B | $2.29B | $2.27B | $2.28B | $2.26B | $2.22B |
| Retained earnings (deficit) | $2.02B | $1.95B | $1.97B | $1.94B | $1.94B | $2.08B | $2.17B | $2.07B | $2.12B | $2.06B | $2.03B | $2.06B |
| Accumulated other comprehensive income | −$38.6M | −$47.4M | −$38.4M | −$46.5M | −$67.1M | −$75.8M | −$75.8M | −$74.5M | −$69.6M | −$73.0M | −$83.5M | −$70.0M |
| Minority interest | $2.0M | $1.9M | $1.8M | $1.8M | $1.7M | — | — | — | — | — | — | — |
| Total shareholders' equity | $4.01B | $3.98B | $4.04B | $3.95B | $3.93B | $4.13B | $4.23B | $4.14B | $4.20B | $4.13B | $4.03B | $4.01B |
| Key figures | ||||||||||||
| Total debt | $5.97B | $6.44B | $6.59B | $6.63B | $6.64B | $306.8M | $311.4M | $6.68B | $6.69B | $8.66B | $8.84B | $9.04B |
| Net cash (debt) | −$5.02B | −$5.17B | −$5.32B | −$5.54B | −$5.49B | $971.2M | $810.8M | −$5.68B | −$5.41B | −$7.53B | −$7.84B | −$8.12B |
| Working capital | −$505.5M | −$197.0M | −$152.6M | −$325.7M | −$545.6M | −$361.6M | −$316.0M | −$519.4M | −$523.2M | $1.20B | $1.12B | −$876.9M |
| Tangible book value | −$4.79B | −$4.96B | −$5.12B | −$5.34B | −$5.57B | −$5.47B | −$5.48B | −$5.73B | −$5.78B | −$6.02B | −$6.35B | −$8.49B |
| Book value per share | $16.10 | $16.03 | $15.94 | $15.57 | $15.25 | $15.65 | $15.95 | $15.44 | $15.45 | $15.12 | $14.80 | $14.76 |
| Shares outstanding | 249.4M | 248.0M | 253.7M | 253.8M | 257.7M | 263.8M | 265.2M | 267.8M | 271.7M | 273.0M | 272.1M | 271.9M |
| Current ratio | 0.81 | 0.92 | 0.94 | 0.87 | 0.80 | 0.86 | 0.87 | 0.79 | 0.81 | 1.40 | 1.38 | 0.69 |
| Quick ratio | 0.72 | 0.79 | 0.82 | 0.75 | 0.73 | 0.76 | 0.75 | 0.70 | 0.73 | 0.62 | 0.61 | 0.62 |
| Debt / equity | 1.49 | 1.62 | 1.63 | 1.68 | 1.69 | 0.07 | 0.07 | 1.61 | 1.59 | 2.10 | 2.20 | 2.25 |
| Equity / assets | 30.6% | 29.7% | 29.8% | 29.3% | 28.5% | 30.0% | 30.8% | 30.0% | 29.6% | 25.2% | 24.5% | 24.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 6, 2026); data from EODHD.
OTEX financial position
At the end of fiscal 2026 (June 30, 2026), Open Text had total assets of $13.1 billion (down 4.8% from a year earlier), total liabilities of $9.1 billion and shareholders' equity of $4.0 billion. It held $956.0 million in cash and short-term investments against $6.0 billion of debt, net debt of $5.0 billion. Its current ratio was 0.81.
Related: OTEX income statement, OTEX cash flow statement, OTEX key metrics. See the OTEX stock overview for the latest quote and news.
OTEX balance sheet FAQ
What are Open Text's total assets?
Open Text reported total assets of $13.1 billion at the end of fiscal 2026 (June 30, 2026), compared with $13.8 billion a year earlier.
How much debt does Open Text have?
Open Text had $6.0 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.49.
How much cash does Open Text have?
Open Text held $956.0 million in cash and short-term investments at the end of fiscal 2026; with $6.0 billion of debt that is net debt of $5.0 billion.
What is Open Text's book value?
Open Text's shareholders' equity (book value) was $4.0 billion at the end of fiscal 2026, or $16.10 per share.
What is Open Text's current ratio?
Open Text had current assets of $2.1 billion and current liabilities of $2.6 billion, a current ratio of 0.81 (current liabilities exceed current assets).
How much goodwill does Open Text have?
Open Text carried $8.8 billion of goodwill and intangible assets, 67.2% of total assets, at the end of fiscal 2026.