Company / Interest Expense
OPEN TEXT CORP Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
-$329.4M
FY2023
5-year range
-$329.4M / -$151.6M
FY2019-FY2023
Trend
-108.7%
vs FY2022
Sector context
#105 of 104
Information Technology
What the data says
Among 104 Information Technology companies, OPEN TEXT CORP is in the top 1% for interest expense. Interest Expense has declined for 4 consecutive years, from -$137M in FY2019 to -$329M in FY2023.
Based on SEC 10-K filings.
-$329M in FY2023.
Improved from -$152M to -$329M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top -1% in Information TechnologyTop -1% of 104This company -$329.4M Sector average $141.0M
▼
-333.7% below sector average
Key checks
Key Insights
- OPEN TEXT CORP's interest expense has declined for 4 consecutive years.
- In FY2023, interest expense decreased 108.7% year-over-year.
- Ranks #105 out of 104 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -$329.4M | -108.7% |
| FY2022 | -$157.9M | -4.2% |
| FY2021 | -$151.6M | -3.5% |
| FY2020 | -$146.4M | -7.2% |
| FY2019 | -$136.6M | +1.4% |
| FY2018 | -$138.5M | -14.6% |
| FY2017 | -$120.9M | -58.3% |
| FY2016 | -$76.4M | -39.8% |
As of FY2023 · SEC 10-K Annual Filings · Updated Feb 28, 2026