Otis Worldwide Corporation

BMV:OTIS * Stock Report

Market Cap: Mex$836.7b

Otis Worldwide Balance Sheet Health

Financial Health criteria checks 2/6

Otis Worldwide has a total shareholder equity of $-4.8B and total debt of $7.3B, which brings its debt-to-equity ratio to -151.9%. Its total assets and total liabilities are $10.3B and $15.0B respectively. Otis Worldwide's EBIT is $2.3B making its interest coverage ratio 14.4. It has cash and short-term investments of $827.0M.

Key information

-151.9%

Debt to equity ratio

US$7.26b

Debt

Interest coverage ratio14.4x
CashUS$827.00m
Equity-US$4.78b
Total liabilitiesUS$15.04b
Total assetsUS$10.26b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: OTIS * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: OTIS * has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: OTIS * has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: OTIS *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: OTIS *'s debt is well covered by operating cash flow (20.2%).

Interest Coverage: OTIS *'s interest payments on its debt are well covered by EBIT (14.4x coverage).


Balance Sheet


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