Open Text (OTEX) Asset Writedowns and Impairment (2015 - 2024)
Open Text (OTEX) posted quarterly Asset Writedowns and Impairment of $4.3 million for Q1 2024, up 27.93% year-over-year from $3.3 million in Q2 2023, and down 31.53% quarter-over-quarter from $6.2 million in Q4 2023.
Open Text (OTEX) Asset Writedowns and Impairment (2015 - 2024) Analysis & Trends
Open Text's Asset Writedowns and Impairment history runs 7 years deep, the most recent figure standing at $4.3 million for Q1 2024.
- In Q1 2024, Asset Writedowns and Impairment rose 27.93% year-over-year to $4.3 million; the TTM figure through Mar 2024 stood at $18.6 million (up 161.06% YoY), while the FY2018 annual figure was $155000.0, down 85.0% from the prior year.
- Asset Writedowns and Impairment for Q1 2024 stood at $4.3 million, down from $6.2 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $6.2 million in Q4 2023, with the low at $948000.0 in Q4 2022.
- The 3-year median for Asset Writedowns and Impairment is $3.8 million (2023), against an average of $3.7 million.
- The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment soared 559.07% in 2023, then increased 27.93% in 2024.
- Open Text's Asset Writedowns and Impairment stood at $948000.0 in 2022, then jumped by 559.07% to $6.2 million in 2023, then sank by 31.53% to $4.3 million in 2024.
- Business Quant data shows OTEX's Asset Writedowns and Impairment at $4.3 million in Q1 2024, $6.2 million in Q4 2023, and $4.7 million in Q3 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Open Text | 5.94 Bn | 4.99 Bn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 4.28 Mn |
| Mar 31, 2024 | 4.28 Mn |
| Dec 31, 2023 | 6.25 Mn |
| Dec 31, 2023 | 6.25 Mn |
| Sep 30, 2023 | 4.72 Mn |
| Sep 30, 2023 | 4.72 Mn |
| Mar 31, 2023 | 3.34 Mn |
| Mar 31, 2023 | 3.34 Mn |
| Dec 31, 2022 | 948,000.00 |
| Dec 31, 2022 | 948,000.00 |
| Sep 30, 2022 | 2.83 Mn |
| Sep 30, 2022 | 2.83 Mn |
| Jun 30, 2018 | 155,000.00 |
| Jun 30, 2018 | 155,000.00 |
| Mar 31, 2017 | 800,000.00 |
| Mar 31, 2017 | 800,000.00 |
| Sep 30, 2016 | 1.03 Mn |
| Sep 30, 2016 | 1.03 Mn |
| Jun 30, 2015 | -2.92 Mn |
| Jun 30, 2015 | -2.92 Mn |