Otis Worldwide Corp Tangible Net Worth Ratio
Otis Worldwide Corp tangible net worth ratio. Otis Worldwide Corp (OTIS) has a Tangible Net Worth Ratio of 78.9% as of December 2019. This metric is calculated by deducting intangible assets ($490.00 Million) from net assets ($2.33 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Otis Worldwide Corp (OTIS) strategic asset index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Otis Worldwide Corp (2017–2019)
Tangible net worth ratio of Otis Worldwide Corp from 2017 to 2019. This chart shows how Otis Worldwide Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2017 to 2019. As of December 2019, the ratio stands at 78.9%, reflecting net assets of $2.33 Billion with intangible assets of $490.00 Million USD. See working capital to net assets of Otis Worldwide Corp to evaluate short-term liquidity relative to the company's equity base.
Otis Worldwide Corp Tangible Net Worth Ratio by Year (2017–2019)
Otis Worldwide Corp tangible net worth ratio by year from 2017 to 2019. The table below presents the year-by-year Tangible Net Worth Ratio for Otis Worldwide Corp from 2017 to 2019, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Otis Worldwide Corp (OTIS) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 78.9% | $2.33 Billion | $490.00 Million | $9.69 Billion | ▲ +4.6 pp |
| 2018 | 74.3% | $2.21 Billion | $569.00 Million | $9.13 Billion | ▼ -9.8 pp |
| 2017 | 84.1% | $4.16 Billion | $659.00 Million | $9.09 Billion | — |