Open Text Corp (OTEX) — Working Capital to Net Assets Ratio
Open Text Corp (OTEX) has a Working Capital to Net Assets ratio of -3.8% as of December 2025. Working capital of CA$-152.64 Million (current assets of CA$2.35 Billion minus current liabilities of CA$2.50 Billion) is measured against net assets of CA$4.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See OTEX net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Open Text Corp Working Capital to Net Assets (1997–2025)
This chart shows how Open Text Corp's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at -3.8%, reflecting working capital of CA$-152.64 Million against net assets of CA$4.05 Billion CAD. Check OTEX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Open Text Corp (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Open Text Corp from 1997 to 2025, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Open Text Corp market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -13.9% | CA$-545.60 Million | CA$3.93 Billion | CA$2.20 Billion | CA$2.75 Billion | ▼ -1.4 pp |
| 2024 | -12.5% | CA$-523.17 Million | CA$4.20 Billion | CA$2.28 Billion | CA$2.80 Billion | ▲ +11.0 pp |
| 2023 | -23.5% | CA$-944.38 Million | CA$4.02 Billion | CA$2.28 Billion | CA$3.22 Billion | ▼ -43.7 pp |
| 2022 | 20.3% | CA$817.11 Million | CA$4.03 Billion | CA$2.29 Billion | CA$1.47 Billion | ▼ -0.2 pp |
| 2021 | 20.5% | CA$840.16 Million | CA$4.10 Billion | CA$2.20 Billion | CA$1.36 Billion | ▲ +8.5 pp |
| 2020 | 12.0% | CA$482.17 Million | CA$4.01 Billion | CA$2.39 Billion | CA$1.90 Billion | ▼ -2.0 pp |
| 2019 | 14.1% | CA$546.61 Million | CA$3.88 Billion | CA$1.56 Billion | CA$1.01 Billion | ▲ +5.1 pp |
| 2018 | 9.0% | CA$332.98 Million | CA$3.72 Billion | CA$1.33 Billion | CA$994.60 Million | ▲ +12.5 pp |
| 2017 | -3.5% | CA$-123.57 Million | CA$3.53 Billion | CA$1.00 Billion | CA$1.13 Billion | ▼ -54.1 pp |
| 2016 | 50.6% | CA$1.00 Billion | CA$1.98 Billion | CA$1.67 Billion | CA$671.03 Million | ▲ +26.3 pp |
| 2015 | 24.3% | CA$445.20 Million | CA$1.83 Billion | CA$1.07 Billion | CA$624.44 Million | ▲ +13.7 pp |
| 2014 | 10.6% | CA$174.53 Million | CA$1.64 Billion | CA$815.74 Million | CA$641.20 Million | ▼ -3.5 pp |
| 2013 | 14.1% | CA$189.21 Million | CA$1.34 Billion | CA$717.09 Million | CA$527.88 Million | ▼ -12.5 pp |
| 2012 | 26.6% | CA$314.08 Million | CA$1.18 Billion | CA$790.88 Million | CA$476.79 Million | ▲ +17.0 pp |
| 2011 | 9.6% | CA$99.78 Million | CA$1.04 Billion | CA$515.16 Million | CA$415.37 Million | ▼ -3.6 pp |
| 2010 | 13.2% | CA$116.75 Million | CA$886.22 Million | CA$539.64 Million | CA$422.89 Million | ▼ -3.5 pp |
| 2009 | 16.6% | CA$114.21 Million | CA$686.46 Million | CA$434.91 Million | CA$320.70 Million | ▼ -3.9 pp |
| 2008 | 20.5% | CA$132.21 Million | CA$644.83 Million | CA$430.07 Million | CA$297.86 Million | ▲ +7.7 pp |
| 2007 | 12.8% | CA$67.77 Million | CA$531.04 Million | CA$350.44 Million | CA$282.66 Million | ▼ -3.0 pp |
| 2006 | 15.8% | CA$73.14 Million | CA$464.18 Million | CA$229.89 Million | CA$156.75 Million | ▲ +8.9 pp |
| 2005 | 6.9% | CA$28.93 Million | CA$420.19 Million | CA$191.90 Million | CA$162.97 Million | ▼ -16.8 pp |
| 2004 | 23.6% | CA$104.72 Million | CA$443.06 Million | CA$272.35 Million | CA$167.63 Million | ▼ -34.5 pp |
| 2003 | 58.2% | CA$94.44 Million | CA$162.40 Million | CA$164.12 Million | CA$69.68 Million | ▼ -14.0 pp |
| 2002 | 72.1% | CA$103.90 Million | CA$144.03 Million | CA$146.71 Million | CA$42.82 Million | ▲ +10.5 pp |
| 2001 | 61.7% | CA$82.03 Million | CA$133.03 Million | CA$124.00 Million | CA$41.98 Million | ▼ -9.4 pp |
| 2000 | 71.0% | CA$98.01 Million | CA$137.98 Million | CA$143.28 Million | CA$45.27 Million | ▼ -13.9 pp |
| 1999 | 84.9% | CA$197.60 Million | CA$232.80 Million | CA$229.50 Million | CA$31.90 Million | ▲ +32.1 pp |
| 1998 | 52.8% | CA$38.60 Million | CA$73.10 Million | CA$66.10 Million | CA$27.50 Million | ▼ -24.6 pp |
| 1997 | 77.4% | CA$32.90 Million | CA$42.50 Million | CA$42.80 Million | CA$9.90 Million | — |