Otis Total Current Liabilities from 2010 to 2024

OTIS Stock  USD 102.98  0.46  0.45%   
Otis Worldwide Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities is likely to outpace its year average in 2024. Total Current Liabilities is the total amount of liabilities that Otis Worldwide Corp is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2019-12-31
Previous Quarter
7.9 B
Current Value
8.1 B
Quarterly Volatility
685.8 M
 
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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Otis Worldwide Corp over the last few years. Total Current Liabilities is an item on Otis Worldwide balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Otis Worldwide Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Otis Worldwide's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Otis Total Current Liabilities Regression Statistics

Arithmetic Mean5,530,649,524
Geometric Mean5,482,320,424
Coefficient Of Variation14.06
Mean Deviation688,732,698
Median4,933,000,000
Standard Deviation777,721,456
Sample Variance604850.7T
Range1.9B
R-Value0.86
Mean Square Error165372T
R-Squared0.75
Significance0.000033
Slope150,215,000
Total Sum of Squares8467909.3T

Otis Total Current Liabilities History

20246.6 B
20236.5 B
20226.8 B
20216.2 B
20206.7 B
20195.4 B
20185.3 B

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Total Current Liabilities, 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
Total Current Liabilities6.5 B6.6 B

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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.