Open Text Corporation (OTEX) financial statements (2021 and earlier)

Company profile

Business Address 275 FRANK TOMPA DRIVE
ONTARIO CANADA, ON N2L 0A1
State of Incorp. ON
Fiscal Year End June 30
SIC 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,5011,6939416834431,296711
Cash and cash equivalents1,5011,6939416834431,284700
Short-term investments     1211
Receivables470528502544478318305
Contract with customer, asset273021
Deferred costs   27291814
Other undisclosed current assets1301369774534170
Total current assets:2,1292,3861,5611,3281,0031,6721,100
Noncurrent Assets
Operating lease, right-of-use asset235208
Nontrade receivables29303824998
Property, plant and equipment227245249264227184160
Intangible assets, net (including goodwill)6,0996,2854,9164,8774,8892,9722,841
Goodwill4,6964,6723,7703,5803,4172,3262,162
Intangible assets, net (excluding goodwill)1,4031,6131,1471,2971,473646679
Contract with customer, asset, net181515
Restricted cash and investments      12
Deferred costs   38422337
Deferred income tax assets867912
Other noncurrent assets164154149111945486
Other undisclosed noncurrent assets  1,0041,1231,216241143
Total noncurrent assets:7,6417,8486,3736,4376,4773,4823,288
TOTAL ASSETS:9,76910,2357,9347,7657,4815,1544,388
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities299371328307333259224
Accounts payable42414642443616
Accrued liabilities91129118109136113108
Employee-related liabilities1261551311181227884
Taxes payable39453338323217
Deferred revenue798812
Debt10610101018388
Restructuring reserve14128614512
Asset retirement obligation3423221
Deferred revenue and credits 570374358
Deferred tax liabilities    1
Contract with customer, liability642
Other undisclosed current liabilities4119525669252421
Total current liabilities:1,5361,9041,0159951,127671625
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,8093,8012,6052,6112,3872,1382,088
Long-term debt, excluding current maturities3,5823,5842,6052,6112,3872,1381,580
Operating lease, liability227217
Other undisclosed long-term debt and lease obligation      508
Liabilities, other than long-term debt421522374294333278340
Deferred revenue and credits3623728
Accounts payable and accrued liabilities1183036371925
Deferred revenue9794
Contract with customer, liability47
Asset retirement obligations141314131178
Deferred tax liabilities, net    69
Deferred income tax liabilities179149
Liability for uncertainty in income taxes33171202172162149151
Liability, pension and other postretirement and postemployment benefits83737566596257
Restructuring reserve41454342
Other undisclosed noncurrent liabilities  5614910088(495)
Total noncurrent liabilities:4,2294,3243,0353,0532,8202,5041,933
Total liabilities:5,7666,2284,0494,0483,9473,1752,559
Stockholders' equity
Stockholders' equity attributable to parent, including:4,0024,0053,8833,7163,5321,9791,829
Treasury stock, value(48)(24)(29)(19)(28)(25)(20)
Additional paid in capital    174147126
Accumulated other comprehensive income66182434494652
Retained earnings2,0932,1592,1141,9941,898993863
Other undisclosed stockholders' equity attributable to parent1,8901,8521,7741,7071,440818808
Stockholders' equity attributable to noncontrolling interest1111111
Total stockholders' equity:4,0034,0073,8853,7173,5331,9791,830
TOTAL LIABILITIES AND EQUITY:9,76910,2357,9347,7657,4815,1544,388

Income statement (P&L) ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Revenues3,3013,1102,8692,8152,2911,8241,852
Revenue, net1,6701,3501,0301,026
Cost of revenue(1,044)(1,004)(931)(951)(762)(574)(602)
Cost of goods and services sold(1,044)(1,004)(931)(148)(136)(100)(108)
Gross profit:2,2572,1061,9381,8641,5291,2501,250
Operating expenses(1,653)(1,602)(1,371)(1,358)(1,176)(882)(901)
Operating income:603504567505353369349
Nonoperating income (expense)(3)(12)101916(1)(25)
Foreign currency transaction loss, before tax(1)(4)     
Other nonoperating income (expense)11101816(1)(28)
Interest and debt expense(20)(5)(4)(5)(6)(5)(7)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (132)(133)(113)(72)(50)
Income from continuing operations before equity method investments, income taxes:580487441386250291266
Income from equity method investments991466  
Other undisclosed loss from continuing operations before income taxes(147)(150)(14)(6)(6)  
Income from continuing operations before income taxes:442345441386250291266
Income tax expense (benefit)(351)(111)(155)(144)776(6)(32)
Net income:902342862421,026284234
Net loss attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:902342862421,026284234

Comprehensive Income ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Net income:902342862421,026284234
Other comprehensive income (loss)(5)(6)22(1)  
Other undisclosed comprehensive income (loss)47 (11)(17)4(6)12
Comprehensive income:1322282762271,028279247
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Comprehensive income, net of tax, attributable to parent:1322282762271,028279247

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: