Otis Worldwide Corp (OTIS) - Total Liabilities
Based on the latest financial reports, Otis Worldwide Corp (OTIS) has total liabilities worth $16.06 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore cash flow conversion of Otis Worldwide Corp to assess how effectively this company generates cash.
Otis Worldwide Corp - Total Liabilities Trend (2017–2024)
This chart illustrates how Otis Worldwide Corp's total liabilities have evolved over time, based on quarterly financial data. Check OTIS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Otis Worldwide Corp Competitors by Total Liabilities
The table below lists competitors of Otis Worldwide Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Waters Corporation
NYSE:WAT
|
USA | $2.52 Billion |
|
DTE Energy Company
NYSE:DTE
|
USA | $39.87 Billion |
|
Teledyne Technologies Incorporated
NYSE:TDY
|
USA | $4.77 Billion |
|
Adani Enterprises Limited
NSE:ADANIENT
|
India | Rs1.60 Trillion |
|
Alcon AG
SW:ALC
|
Switzerland | CHF9.51 Billion |
|
BeiGene, Ltd.
NASDAQ:ONC
|
USA | $3.83 Billion |
|
VICI Properties Inc
NYSE:VICI
|
USA | $18.50 Billion |
|
Extra Space Storage Inc
NYSE:EXR
|
USA | $14.94 Billion |
Liability Composition Analysis (2017–2024)
This chart breaks down Otis Worldwide Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Otis Worldwide Corp stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.94 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -2.96 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.49 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Otis Worldwide Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Otis Worldwide Corp (2017–2024)
The table below shows the annual total liabilities of Otis Worldwide Corp from 2017 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $16.04 Billion | +8.14% |
| 2023-12-31 | $14.84 Billion | +2.44% |
| 2022-12-31 | $14.48 Billion | -5.11% |
| 2021-12-31 | $15.26 Billion | +9.72% |
| 2020-12-31 | $13.91 Billion | +88.98% |
| 2019-12-31 | $7.36 Billion | +6.37% |
| 2018-12-31 | $6.92 Billion | +40.28% |
| 2017-12-31 | $4.93 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