Otis Total Current Assets from 2010 to 2025

OTIS Stock  USD 103.01  0.32  0.31%   
Otis Worldwide Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 7.1 B in 2025. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2019-12-31
Previous Quarter
6.5 B
Current Value
7.7 B
Quarterly Volatility
677.8 M
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 478.2 M, Net Interest Income of 32.5 M or Interest Income of 78.9 M, as well as many indicators such as Price To Sales Ratio of 1.71, Dividend Yield of 0.0103 or Days Sales Outstanding of 78.71. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Otis Worldwide Corp over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Otis Worldwide's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Otis Worldwide's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Otis Total Current Assets Regression Statistics

Arithmetic Mean6,090,530,469
Geometric Mean6,037,133,797
Coefficient Of Variation14.45
Mean Deviation692,413,086
Median5,612,000,000
Standard Deviation879,786,304
Sample Variance774023.9T
Range2.7B
R-Value0.73
Mean Square Error382457.9T
R-Squared0.54
Significance0
Slope135,646,048
Total Sum of Squares11610359.1T

Otis Total Current Assets History

20257.1 B
20247.7 B
20236.4 B
20226.1 B
20218.3 B
20206.5 B
20195.7 B

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Total Current Assets, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Assets7.7 B7.1 B

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Additional Tools for Otis Stock Analysis

When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.