Open Text (OTEX) Asset Writedowns and Impairment (2017 - 2024)
Open Text's quarterly Asset Writedowns and Impairment came in at $4.3 million in Q1 2024, up 27.93% year-on-year from $3.3 million in Q2 2023, and down 31.53% quarter-over-quarter from $6.2 million in Q4 2023.
Open Text has reported Asset Writedowns and Impairment for 5 years, with the latest figure at $4.3 million in Q1 2024.
- For the quarter ending Q1 2024, Asset Writedowns and Impairment rose 27.93% year-over-year to $4.3 million; the trailing twelve-month figure through Mar 2024 stood at $18.6 million (up 161.06% YoY), and the FY2018 full-year result was $155000.0, down 81.39% 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.
- Average Asset Writedowns and Impairment over 3 years is $3.7 million, with a median of $3.8 million recorded in 2023.
- Year-over-year, Asset Writedowns and Impairment soared 559.07% in 2023 and advanced 27.93% in 2024.
- Tracing OTEX's Asset Writedowns and Impairment over 3 years: stood at $948000.0 in 2022, then soared by 559.07% to $6.2 million in 2023, then sank by 31.53% to $4.3 million in 2024.
- The last three Asset Writedowns and Impairment figures came in at $4.3 million (Q1 2024), $6.2 million (Q4 2023), and $4.7 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Open Text | 5.82 Bn | 4.56 Bn | 937.27 Mn |
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 |