Otis Worldwide Corp (OTIS)

Financial leverage ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total assets	US$ in thousands	11,316,000	10,117,000	9,819,000	12,279,000	10,710,000
Total stockholders’ equity	US$ in thousands	-4,848,000	-4,924,000	-4,870,000	-3,625,000	-3,862,000
Financial leverage ratio		—	—	—	—	—

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,316,000K ÷ $-4,848,000K
= —

The financial leverage ratio for Otis Worldwide Corp is not available for the years 2020 to 2024 based on the provided data. This ratio is typically used to assess the company's level of debt financing relative to its equity. Without this information, it is challenging to evaluate the extent to which the company is relying on borrowed funds to support its operations and growth. An analysis of this ratio could have provided insights into the company's capital structure and financial risk profile.

Peer comparison

Dec 31, 2024

Company name

Symbol

Financial leverage ratio

Otis Worldwide Corp

OTIS

—

Emerson Electric Company