KPIs & Operating Metrics(New)
Growth Metrics

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

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DateValue
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