Otter Tail
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Otter Tail's balance sheet done over the years? Its assets were worth $3,242,568,000 last year, which is more than in the previous period. 55% of Otter Tail’s total assets is currently financed by debt. Its liabilities reached the amount of $1,799,562,000, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2014 | 1791279000 | 1.21B | 68.02% |
|---|---|---|---|
| 2015 | 1820904000 | 1.21B | 66.77% |
| 2016 | 1912385000 | 1.24B | 64.96% |
| 2017 | 2004278000 | 1.30B | 65.23% |
| 2018 | 2052517000 | 1.32B | 64.49% |
| 2019 | 2273595000 | 1.49B | 65.63% |
| 2020 | 2578354000 | 1.70B | 66.22% |
| 2021 | 2754830000 | 1.76B | 64.03% |
| 2022 | 2901661000 | 1.68B | 58.05% |
| 2023 | 3242568000 | 1.79B | 55.5% |
OTTR Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 230.37M | 118.99M | 1.53M | 1.16M | 21.19M | 861K | 16.21M | 0 | 131.54M | 0 |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.30M | 0 |
Net receivables | 157.14M | 144.39M | 174.95M | 113.95M | 109.11M | 110.95M | 99.83M | 94.83M | 93.91M | 91.34M |
Inventory | 149.70M | 145.95M | 148.49M | 92.16M | 97.85M | 106.27M | 88.03M | 83.74M | 85.41M | 85.20M |
Other current assets | 32.95M | 43.41M | 44.37M | 27.54M | 26.69M | 23.33M | 35.04M | 29.44M | 27.35M | 130.59M |
Total current assets | 570.17M | 452.75M | 369.35M | 234.83M | 254.86M | 241.42M | 239.12M | 208.01M | 206.68M | 307.14M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.43B | 2.21B | 2.12B | 2.04B | 1.77B | 1.58B | 1.53B | 1.47B | 1.38B | 1.26B |
Goodwill | 37.57M | 37.57M | 37.57M | 37.57M | 37.57M | 37.57M | 37.57M | 37.57M | 39.73M | 31.48M |
Intangible assets | 18.12M | 7.94M | 9.04M | 10.14M | 11.29M | 12.45M | 13.76M | 14.95M | 15.67M | 11.25M |
Long term investments | 62.51M | 54.84M | 56.69M | 51.85M | 9.89M | 8.96M | 8.62M | 8.41M | 8.28M | 8.58M |
Other non-current assets | 119.02M | -85.47M | 32.05M | 26.28M | 40.19M | 149.91M | 36.00M | 166.19M | 31.10M | 30.11M |
Total non-current assets | 2.67B | 2.44B | 2.38B | 2.34B | 2.01B | 1.81B | 1.76B | 1.70B | 1.61B | 1.48B |
Total assets | 3.24B | 2.90B | 2.75B | 2.57B | 2.27B | 2.05B | 2.00B | 1.91B | 1.82B | 1.79B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 221.30M | 50.94M | 45.73M | 51.16M | 54.29M | 49.73M | 48.87M | 46.22M | 41.84M |
Short term debt | 81.42M | 8.20M | 121.14M | 221.08M | 10.31M | 18.77M | 112.55M | 76.08M | 133.09M | 11.05M |
Total current liabilities | 309.75M | 237.63M | 387.69M | 436.78M | 189.74M | 170.09M | 256.65M | 215.67M | 271.23M | 201.69M |
| Non-current liabilities: | ||||||||||
Long term debt | 835.31M | 823.82M | 734.01M | 624.43M | 707.77M | 590.00M | 490.38M | 505.34M | 443.84M | 498.48M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 654.48M | 385.66M | 62.52M | 60.00M | 30.83M | 24.32M | 560.35M | 271.82M | 266.52M | 518.32M |
Total non-current liabilities | 1.48B | 1.44B | 1.37B | 1.27B | 1.30B | 1.15B | 1.05B | 1.02B | 944.64M | 1.01B |
Total liabilities | 1.79B | 1.68B | 1.76B | 1.70B | 1.49B | 1.32B | 1.30B | 1.24B | 1.21B | 1.21B |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |