Otis Worldwide Corp (OTIS)

Debt-to-equity ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	6,973,000	6,866,000	6,098,000	7,249,000	5,262,000
Total stockholders’ equity	US$ in thousands	-4,848,000	-4,924,000	-4,870,000	-3,625,000	-3,862,000
Debt-to-equity ratio		—	—	—	—	—

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $6,973,000K ÷ $-4,848,000K
= —

Based on the provided data, Otis Worldwide Corp's debt-to-equity ratio for the years 2020 to 2024 is indicated as "—", which typically signifies that there is no debt or equity information available for the company during these periods. This lack of data makes it challenging to assess the company's leverage and financial risk based on its capital structure. To conduct a comprehensive analysis of the debt-to-equity ratio, it would be necessary to obtain the relevant financial information for Otis Worldwide Corp for these years.

Peer comparison

Dec 31, 2024

Company name

Symbol

Debt-to-equity ratio

Otis Worldwide Corp

OTIS

—

Emerson Electric Company