Otis Other Assets from 2010 to 2024

OTIS Stock  USD 102.98  0.46  0.45%   
Otis Worldwide Other Assets yearly trend continues to be comparatively stable with very little volatility. Other Assets are likely to outpace its year average in 2024. From the period from 2010 to 2024, Otis Worldwide Other Assets quarterly data regression had r-value of  0.44 and coefficient of variation of  26.01. View All Fundamentals
 
Other Assets  
First Reported
2010-12-31
Previous Quarter
657.8 M
Current Value
764.3 M
Quarterly Volatility
164.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 511.7 M, Interest Income of 78.9 M or Depreciation And Amortization of 161.3 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0097 or Days Sales Outstanding of 77.86. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Other Assets Growth Pattern

Below is the plot of the Other Assets of Otis Worldwide Corp over the last few years. It is Otis Worldwide's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Otis Worldwide's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

Otis Other Assets Regression Statistics

Arithmetic Mean631,741,111
Geometric Mean617,612,703
Coefficient Of Variation26.01
Mean Deviation95,654,815
Median555,000,000
Standard Deviation164,332,488
Sample Variance27005.2T
Range631M
R-Value0.44
Mean Square Error23362.4T
R-Squared0.20
Significance0.1
Slope16,296,488
Total Sum of Squares378072.3T

Otis Other Assets History

2024764.3 M
2023657.8 M
2022572 M
2021632 M
20201.2 B
2019636 M
2018588 M

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Other Assets, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Assets657.8 M764.3 M

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Additional Tools for Otis Stock Analysis

When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.