Otis Worldwide Corp (OTIS) - Total Assets
Based on the latest financial reports, Otis Worldwide Corp (OTIS) holds total assets worth $10.77 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Otis Worldwide Corp - Total Assets Trend (2017–2024)
This chart illustrates how Otis Worldwide Corp's total assets have evolved over time, based on quarterly financial data. Also see Otis Worldwide Corp (OTIS) market capitalisation for the company's overall valuation and market capitalisation.
Otis Worldwide Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Otis Worldwide Corp's total assets of $10.77 Billion consist of 67.8% current assets and 32.2% non-current assets. Review Otis Worldwide Corp balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.3% |
| Accounts Receivable | $4.13 Billion | 36.5% |
| Inventory | $557.00 Million | 4.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $311.00 Million | 2.8% |
| Goodwill | $1.55 Billion | 13.7% |
Asset Composition Trend (2017–2024)
This chart illustrates how Otis Worldwide Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See OTIS share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Otis Worldwide Corp's current assets represent 67.8% of total assets in 2024, an increase from 60.6% in 2017.
- Cash Position: Cash and equivalents constituted 20.3% of total assets in 2024, up from 17.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, a decrease from 26.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 36.5% of total assets.
Otis Worldwide Corp Competitors by Total Assets
Key competitors of Otis Worldwide Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SCHNEIDER ELECTR.ADR/1/5
F:SNDB
|
Germany | €62.50 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr182.23 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥95.86 Billion |
|
Zhejiang Sanhua Co Ltd
SHE:002050
|
China | CN¥49.36 Billion |
|
Wuxi Lead Auto Equipment Co Ltd
SHE:300450
|
China | CN¥49.83 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Avic Aviation High Technology Co Ltd
SHG:600862
|
China | CN¥10.76 Billion |
Otis Worldwide Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.94 | 0.80 | 0.97 |
| Quick Ratio | 0.85 | 0.72 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-453.00 Million | $-1.60 Billion | $-180.00 Million |
Otis Worldwide Corp - Advanced Valuation Insights
This section examines the relationship between Otis Worldwide Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 13.20 |
| Latest Market Cap to Assets Ratio | 2.37 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | $11.32 Billion |
| Market Capitalization | $26.77 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Otis Worldwide Corp's assets at a significant premium (2.37x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Otis Worldwide Corp's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Otis Worldwide Corp (2017–2024)
The table below shows the annual total assets of Otis Worldwide Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.32 Billion | +11.85% |
| 2023-12-31 | $10.12 Billion | +3.03% |
| 2022-12-31 | $9.82 Billion | -20.03% |
| 2021-12-31 | $12.28 Billion | +14.65% |
| 2020-12-31 | $10.71 Billion | +10.56% |
| 2019-12-31 | $9.69 Billion | +6.04% |
| 2018-12-31 | $9.13 Billion | +0.51% |
| 2017-12-31 | $9.09 Billion | -- |
About Otis Worldwide Corp
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates through two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential… Read more