Otis Worldwide Corporation (OTIS) Debt to Assets Ratio: 0.82%
The debt to assets ratio for Otis Worldwide Corporation (OTIS) is 0.82% as of Friday, June 19, 2026.
OTIS Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.82%
OTIS Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Otis Worldwide Corporation (OTIS) | $28.11B | 0.82% |
| Copart, Inc. (CPRT)vs › | $27.99B | 0.01% |
| Curtiss-Wright Corporation (CW)vs › | $28.52B | 0.25% |
| Hubbell Incorporated (HUBB)vs › | $27.67B | 0.32% |
| ATI Inc. (ATI)vs › | $27.48B | 0.38% |
| Carpenter Technology Corporation (CRS)vs › | $29.15B | 0.21% |
| Xylem Inc. (XYL)vs › | $26.48B | 0.12% |
| Dover Corporation (DOV)vs › | $30.11B | 0.28% |
| Axon Enterprise, Inc. (AXON)vs › | $34.13B | 0.27% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $21.10B | 0.12% |
Leverage Ratios Comparison
Debt/Assets
0.8%
Debt/Equity
-1.62
Current Ratio
0.85
Interest Coverage
10.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Otis Worldwide Corporation Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Otis Worldwide Corporation Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Otis Worldwide Corporation (OTIS)?
- The debt to assets ratio for OTIS stock is 0.82%.
About Otis Worldwide Corporation
Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Judith F. Marks