Otis Worldwide Corp (OTIS)
95.52
+0.56
(+0.59%)
USD |
NYSE |
Apr 18, 16:00
95.52
0.00 (0.00%)
After-Hours: 17:58
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% |