Otis Historical Balance Sheet

OTIS Stock  USD 100.05  1.37  1.39%   
Trend analysis of Otis Worldwide Corp balance sheet accounts such as Other Liab of 1.2 B provides information on Otis Worldwide's total assets, liabilities, and equity, which is the actual value of Otis Worldwide Corp to its prevalent stockholders. By breaking down trends over time using Otis Worldwide balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Otis Worldwide Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Otis Worldwide Corp is a good buy for the upcoming year.

Otis Worldwide Inventory

537.7 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otis Worldwide Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Otis Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Otis Worldwide Corp at a specified time, usually calculated after every quarter, six months, or one year. Otis Worldwide Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Otis Worldwide and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Otis currently owns. An asset can also be divided into two categories, current and non-current.

Otis Worldwide Balance Sheet Chart

At this time, Otis Worldwide's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Short and Long Term Debt is likely to gain to about 1.4 B in 2025, whereas Other Current Liabilities is likely to drop slightly above 1.3 B in 2025.

Total Assets

Total assets refers to the total amount of Otis Worldwide assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Otis Worldwide Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

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. 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.
Most accounts from Otis Worldwide's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Otis Worldwide Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otis Worldwide Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Otis Worldwide's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Short and Long Term Debt is likely to gain to about 1.4 B in 2025, whereas Other Current Liabilities is likely to drop slightly above 1.3 B in 2025.
 2022 2023 2024 2025 (projected)
Other Current Liabilities1.5B1.5B1.6B1.3B
Total Assets9.8B10.1B11.3B11.3B

Otis Worldwide balance sheet Correlations

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-0.820.84-0.960.741.0-0.93-0.22-0.69-0.22-0.930.680.60.79-0.460.7-0.98-0.81-0.780.940.99-0.4-0.98-0.84-0.96-0.99
-0.510.47-0.740.740.7-0.88-0.29-0.81-0.29-0.660.770.680.44-0.190.97-0.71-0.58-0.690.730.65-0.1-0.72-0.42-0.76-0.72
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0.57-0.580.73-0.69-0.81-0.630.830.460.460.7-0.81-0.83-0.560.11-0.90.640.580.74-0.73-0.620.20.650.490.710.63
0.44-0.010.41-0.22-0.29-0.180.221.00.460.11-0.15-0.28-0.090.2-0.420.280.460.58-0.18-0.210.10.290.160.140.23
0.77-0.950.92-0.93-0.66-0.920.920.110.70.11-0.73-0.59-0.940.41-0.610.90.760.71-0.99-0.910.530.910.860.870.92
-0.580.73-0.690.680.770.62-0.75-0.15-0.81-0.15-0.730.940.68-0.220.8-0.59-0.56-0.770.760.61-0.42-0.6-0.58-0.76-0.6
-0.550.62-0.60.60.680.54-0.63-0.28-0.83-0.28-0.590.940.54-0.170.78-0.5-0.51-0.790.620.54-0.3-0.51-0.48-0.71-0.5
-0.740.98-0.830.790.440.77-0.75-0.09-0.56-0.09-0.940.680.54-0.410.4-0.76-0.69-0.660.920.8-0.68-0.78-0.87-0.72-0.78
0.82-0.390.4-0.46-0.19-0.480.320.20.110.20.41-0.22-0.17-0.41-0.160.560.840.22-0.43-0.530.710.550.520.520.55
-0.530.44-0.710.70.970.65-0.84-0.42-0.9-0.42-0.610.80.780.4-0.16-0.66-0.58-0.730.680.61-0.08-0.67-0.39-0.75-0.66
0.86-0.790.95-0.98-0.71-0.990.910.280.640.280.9-0.59-0.5-0.760.56-0.660.870.73-0.92-0.980.451.00.830.931.0
0.98-0.670.81-0.81-0.58-0.80.730.460.580.460.76-0.56-0.51-0.690.84-0.580.870.66-0.79-0.840.660.870.750.810.85
0.69-0.70.88-0.78-0.69-0.730.730.580.740.580.71-0.77-0.79-0.660.22-0.730.730.66-0.75-0.740.310.740.670.730.71
-0.80.91-0.940.940.730.92-0.94-0.18-0.73-0.18-0.990.760.620.92-0.430.68-0.92-0.79-0.750.91-0.56-0.93-0.87-0.88-0.93
-0.850.85-0.940.990.650.99-0.88-0.21-0.62-0.21-0.910.610.540.8-0.530.61-0.98-0.84-0.740.91-0.45-0.98-0.86-0.95-0.98
0.73-0.610.41-0.4-0.1-0.390.30.10.20.10.53-0.42-0.3-0.680.71-0.080.450.660.31-0.56-0.450.460.770.410.45
0.86-0.80.96-0.98-0.72-0.980.920.290.650.290.91-0.6-0.51-0.780.55-0.671.00.870.74-0.93-0.980.460.840.931.0
0.84-0.880.82-0.84-0.42-0.840.70.160.490.160.86-0.58-0.48-0.870.52-0.390.830.750.67-0.87-0.860.770.840.770.84
0.82-0.80.87-0.96-0.76-0.950.890.140.710.140.87-0.76-0.71-0.720.52-0.750.930.810.73-0.88-0.950.410.930.770.93
0.85-0.80.94-0.99-0.72-0.990.920.230.630.230.92-0.6-0.5-0.780.55-0.661.00.850.71-0.93-0.980.451.00.840.93
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Otis Worldwide Account Relationship Matchups

Otis Worldwide balance sheet Accounts

202020212022202320242025 (projected)
Total Assets10.7B12.3B9.8B10.1B11.3B11.3B
Other Current Liab1.5B1.6B1.5B1.5B1.6B1.3B
Total Current Liabilities6.7B6.2B6.8B6.5B7.7B6.8B
Total Stockholder Equity(3.8B)(3.6B)(4.9B)(4.9B)(4.8B)(4.6B)
Other Liab1.6B1.6B1.4B1.2B1.1B1.2B
Net Tangible Assets(437M)(6.0B)(5.7B)(6.7B)(6.0B)(5.7B)
Accounts Payable1.5B1.6B1.7B1.9B1.9B1.7B
Cash1.8B1.6B1.2B1.3B2.3B1.7B
Other Assets1.2B632M572M6.2B7.1B7.5B
Cash And Short Term Investments1.8B1.6B1.2B1.3B2.3B1.7B
Net Receivables3.6B3.8B4.0B4.3B4.1B4.0B
Good Will1.8B1.7B1.6B1.6B1.5B1.3B
Common Stock Shares Outstanding434.6M431.4M423M414.6M404.4M341.1M
Inventory659M622M617M612M557M537.7M
Other Current Assets446M2.3B316M259M679M650.9M
Other Stockholder Equity30M(725M)(1.6B)(2.4B)(3.4B)(3.2B)
Total Liab13.9B15.3B14.5B14.8B16.0B13.2B
Total Current Assets6.5B8.3B6.1B6.4B7.7B7.1B
Short Term Debt868M205M797M149M1.5B1.5B
Intangible Assets484M419M369M335M311M363.6M
Common Stock59M119M162M213M265M251.8M
Property Plant Equipment1.3B774M1.3B719M826.9M981.4M
Short Long Term Debt Total6.3B7.6B7.1B7.3B8.7B5.9B
Property Plant And Equipment Net1.3B1.3B1.2B1.1B1.1B1.3B
Current Deferred Revenue2.5B2.7B2.7B2.7B2.6B2.8B
Net Debt4.5B6.0B5.9B6.0B6.4B4.2B
Non Current Assets Total4.2B4.0B3.7B3.7B3.6B3.1B
Non Currrent Assets Other644M632M572M645M664M688.4M
Common Stock Total Equity2.5B59M119M162M145.8M138.5M
Liabilities And Stockholders Equity10.7B12.3B9.8B10.1B11.3B11.5B
Non Current Liabilities Total7.2B9.0B7.6B8.4B8.3B6.9B
Capital Lease Obligations367M336M315M409M418M372.6M
Net Invested Capital2.1B3.6B1.9B2.0B3.5B2.6B
Property Plant And Equipment Gross1.3B1.3B1.2B2.4B2.3B1.6B
Short Long Term Debt701M24M670M32M1.4B1.4B
Accumulated Other Comprehensive Income(815M)(763M)(592M)(750M)(745M)(782.3M)
Capital Stock59M119M162M213M265M251.8M
Non Current Liabilities Other1.7B606M1.3B398M291M276.5M
Net Working Capital(180M)2.0B(700M)(79M)(71.1M)(67.5M)

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