Open Text (OTEX) Asset Writedowns and Impairment (2022 - 2024)
Open Text's Asset Writedowns and Impairment was $4.28 million in fiscal Q3 2024 (quarter ended Mar 31, 2024), up 27.9% from $3.34 million a year earlier but down 31.5% from the prior quarter.
Open Text (OTEX) Asset Writedowns and Impairment (2022 - 2024) Analysis & Trends
On a trailing twelve-month basis, Open Text's Asset Writedowns and Impairment was $18.59 million through Mar 31, 2024, up 161.1% year-over-year.
- Quarterly Asset Writedowns and Impairment has moved between $948,000 (fiscal Q2 2023) and $6.25 million (fiscal Q2 2024) over five years.
- Compared with a year earlier, Asset Writedowns and Impairment has increased for three straight quarters.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 92.94 Bn | 68.19 Bn | 6.00 Bn |
| 2 | Atlassian | 48.88 Bn | 42.16 Bn | 1.53 Bn |
| 3 | Twilio | 45.24 Bn | 35.23 Bn | 725.87 Mn |
| 4 | Autodesk | 44.31 Bn | 32.34 Bn | 1.87 Bn |
| 5 | Zoom Communications | 27.15 Bn | -3.64 Bn | 985.50 Mn |
| 6 | Figma | 11.33 Bn | 4.84 Bn | 309.61 Mn |
| 7 | Dropbox | 7.45 Bn | 3.08 Bn | 506.50 Mn |
| 8 | Nice | 6.88 Bn | 5.35 Bn | 995.81 Mn |
| 9 | RingCentral | 6.55 Bn | 6.05 Bn | 472.31 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 4.28 Mn |
| Dec 31, 2023 | 6.25 Mn |
| Sep 30, 2023 | 4.72 Mn |
| Mar 31, 2023 | 3.34 Mn |
| Dec 31, 2022 | 948,000.00 |
| Sep 30, 2022 | 2.83 Mn |
Open Text Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=OTEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "OTEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=OTEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();