Otis Worldwide Corp (OTIS)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 11,316,000 | 10,261,000 | 9,858,000 | 9,791,000 | 10,117,000 | 10,390,000 | 10,135,000 | 9,845,000 | 9,819,000 | 9,342,000 | 9,913,000 | 11,795,000 | 12,279,000 | 10,472,000 | 10,857,000 | 10,505,000 | 10,710,000 |
| Total stockholders’ equity | US$ in thousands | -4,848,000 | -4,901,000 | -5,046,000 | -5,024,000 | -4,924,000 | -4,788,000 | -4,852,000 | -4,857,000 | -4,870,000 | -4,913,000 | -4,997,000 | -5,029,000 | -3,625,000 | -3,854,000 | -3,856,000 | -3,910,000 | -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 has been unavailable or not provided for the periods specified in the data provided. The absence of data for this ratio makes it difficult to assess the company's capital structure and the proportion of debt to equity financing used in its operations.
Without the financial leverage ratio figures, we are unable to determine the extent to which Otis Worldwide Corp relies on debt to fund its assets and operations. The financial leverage ratio is a crucial metric that helps in evaluating a company's solvency, risk levels, and overall financial health. It is typically calculated by dividing the company's total debt by its total equity.
Since the financial leverage ratio data is not available, further analysis of the company's leverage position and its implications on its financial stability and growth prospects cannot be conducted at this time. It is important for investors and stakeholders to monitor this ratio to understand how the company is managing its debt and equity components in the future.
Peer comparison
Dec 31, 2024