Otis Worldwide
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Otis Worldwide's balance sheet done over the years? Its assets were worth $10,117,000,000 last year, which is more than in the previous period. 147% of Otis Worldwide’s total assets is currently financed by debt. Its liabilities reached the amount of $14,837,000,000, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2017 | 9089000000 | 4.93B | 54.27% |
|---|---|---|---|
| 2018 | 9135000000 | 6.92B | 75.75% |
| 2019 | 9687000000 | 7.36B | 75.99% |
| 2020 | 10710000000 | 13.91B | 129.89% |
| 2021 | 12279000000 | 15.26B | 124.3% |
| 2022 | 9819000000 | 14.48B | 147.5% |
| 2023 | 10117000000 | 14.83B | 146.65% |
OTIS Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 1.27B | 1.18B | 1.56B | 1.78B | 1.44B | 1.32B | 1.55B |
Short term investments | 1.23B | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 4.25B | 4.02B | 3.78B | 3.60B | 3.39B | 3.37B | 2.54B |
Inventory | 612M | 617M | 622M | 659M | 571M | 637M | 1.10B |
Other current assets | 259M | 311M | 382M | 446M | 251M | 269M | 316M |
Total current assets | 6.4B | 6.14B | 8.26B | 6.49B | 5.65B | 5.61B | 5.51B |
Non-current assets: | |||||||
Property, Plant and Equipment | 1.14B | 1.16B | 1.3B | 1.31B | 1.25B | 678M | 626M |
Goodwill | 1.58B | 1.56B | 1.66B | 1.77B | 1.64B | 1.68B | 1.73B |
Intangible assets | 335M | 369M | 419M | 484M | 490M | 569M | 659M |
Long term investments | 6M | 1.23B | 8M | 14M | 0 | 0 | 0 |
Other non-current assets | 645M | 572M | 632M | 644M | 636M | 588M | 555M |
Total non-current assets | 3.71B | 3.67B | 4.01B | 4.21B | 4.02B | 3.52B | 3.57B |
Total assets | 10.11B | 9.81B | 12.27B | 10.71B | 9.68B | 9.13B | 9.08B |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 2.69B | 2.66B | 2.67B | 2.54B | 2.27B | 2.32B | 0 |
Short term debt | 149M | 670M | 24M | 701M | 174M | 27M | 17M |
Total current liabilities | 6.47B | 6.84B | 6.24B | 6.67B | 5.37B | 5.30B | 4.93B |
| Non-current liabilities: | |||||||
Long term debt | 7.15B | 6.41B | 7.58B | 5.62B | 386M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.2B | 1.22B | 1.43B | 1.60B | 1.60B | 1.61B | 0 |
Total non-current liabilities | 8.35B | 7.64B | 9.01B | 7.23B | 1.98B | 1.61B | 0 |
Total liabilities | 14.83B | 14.48B | 15.26B | 13.91B | 7.36B | 6.92B | 4.93B |
| Data source | Data source | Data source | Data source |