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
EMR
0.33
GE Aerospace
GE
0.00
GE Vernova LLC
GEV
0.00