Otis Worldwide Corp (OTIS)
97.47
+1.18
(+1.23%)
USD |
NYSE |
Apr 23, 16:00
99.07
+1.60
(+1.64%)
Pre-Market: 05:24
Otis Worldwide Debt to Equity Ratio: -1.401 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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 |
March 31, 2022 | -1.341 |
December 31, 2021 | -2.006 |
Date | Value |
---|---|
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
-1.376
Average
-1.414
Median
Jun 2023
Debt to Equity Ratio Benchmarks
Fastenal Co | 0.0583 |
BrewBilt MFG Inc | -- |
The AZEK Co Inc | 0.4304 |
EMCOR Group Inc | 0.0021 |
IES Holdings Inc | 0.00 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 10.12B |
Total Liabilities (Quarterly) | 14.84B |
Shareholders Equity (Quarterly) | -4.924B |
Current Ratio | 0.9878 |
Net Debt Paydown Yield | -0.18% |