Otis Worldwide Corp (OTIS)
99.95
+0.26
(+0.26%)
USD |
NYSE |
Nov 21, 16:00
99.94
-0.01
(-0.01%)
Pre-Market: 20:00
Otis Worldwide Debt to Equity Ratio: -1.482 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | -1.482 |
| June 30, 2024 | -1.423 |
| March 31, 2024 | -1.370 |
| December 31, 2023 | -1.401 |
| September 30, 2023 | -1.547 |
| June 30, 2023 | -1.414 |
| March 31, 2023 | -1.392 |
| December 31, 2022 | -1.390 |
| September 30, 2022 | -1.336 |
| June 30, 2022 | -1.337 |
| Date | Value |
|---|---|
| March 31, 2022 | -1.341 |
| December 31, 2021 | -2.006 |
| September 30, 2021 | -1.426 |
| June 30, 2021 | -1.504 |
| March 31, 2021 | -1.483 |
| December 31, 2020 | -1.544 |
| September 30, 2020 | -1.504 |
| June 30, 2020 | -1.484 |
| March 31, 2020 | -1.312 |
| December 31, 2019 | 0.0229 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-2.006
Minimum
Dec 2021
0.0229
Maximum
Dec 2019
-1.384
Average
-1.419
Median
Debt to Equity Ratio Benchmarks
| Armstrong World Industries Inc | 0.7749 |
| Fastenal Co | 0.0667 |
| The AZEK Co Inc | 0.3191 |
| Comfort Systems USA Inc | 0.0431 |
| Quanta Services Inc | 0.663 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 10.26B |
| Total Liabilities (Quarterly) | 15.04B |
| Shareholders Equity (Quarterly) | -4.901B |
| Current Ratio | 0.8021 |
| Net Debt Paydown Yield | -0.19% |