Otis Cash And Short Term Investments from 2010 to 2024

OTIS Stock  USD 96.34  0.15  0.16%   
Otis Worldwide Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments will likely drop to about 1.2 B in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2019-12-31
Previous Quarter
951 M
Current Value
827 M
Quarterly Volatility
339.6 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 511.7 M, Interest Income of 78.9 M or Depreciation And Amortization of 161.3 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0097 or Days Sales Outstanding of 77.86. 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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Otis Worldwide Corp over the last few years. Short Term Investments is an account in the current assets section of Otis Worldwide Corp balance sheet. This account contains Otis Worldwide investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Otis Worldwide Corp fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Otis Worldwide's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Otis Cash And Short Term Investments Regression Statistics

Arithmetic Mean1,478,382,857
Geometric Mean1,468,940,209
Coefficient Of Variation11.38
Mean Deviation132,689,524
Median1,554,000,000
Standard Deviation168,285,031
Sample Variance28319.9T
Range623.3M
R-Value(0.57)
Mean Square Error20658.2T
R-Squared0.32
Significance0.03
Slope(21,374,286)
Total Sum of Squares396477.9T

Otis Cash And Short Term Investments History

20241.2 B
20231.3 B
20221.2 B
20211.6 B
20201.8 B
20191.4 B
20181.3 B

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments1.3 B1.2 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.