Debt to Equity Ratio Analysis of Otis Worldwide Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Very Poor Debt to Equity
-1.42
Period Ending - Dec-22
Very Poor Debt to Equity
-1.42
Growth
-0.625 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Poor Debt to Equity
-1.37
Debt to Equity Analysis of Otis Worldwide Corp
| Debt to Equity Ratio of OTIS has fallen by -0.625 % Compared to previous Financial Year. |
| Debt to Equity Ratio with value of 0.0200 was highest in Year Dec-19 in last Five Years. |
| Debt to Equity Ratio with value of -2.01 was lowest in Year Dec-21 in last Five Years. |
| Latest Debt to Equity Ratio with value of -1.42 is lower than Average Debt to Equity of -1.29 in last five years. |
Other Debt to Equity Related Info of OTIS that may interest you.
Otis Worldwide Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| OTIS | 99.2 | 96.39 | 2.92 % | Specialty Industrial Machinery |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Very Low Stability Stock | |
FY - Historical Debt to Equity Ratio of Otis Worldwide Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | -1.42 | -1.42 | -2.01 | -1.60 | 0.0200 | 0.0172 | 0.0087 |
| Change | -0.625 % | 29.43 % | -25.42 % | -8098.43 % | 16.22 % | 98.91 % |
FY Chart of Debt to Equity Ratio of Otis Worldwide Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)