Switch to:

# Otis Worldwide Cash per Share

: \$3.98 (As of Sep. 2020)
View and export this data going back to 2020. Start your Free Trial

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Otis Worldwide's Cash per Share for the quarter that ended in Sep. 2020 was \$3.98.

## Otis Worldwide Cash per Share Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

 Otis Worldwide Annual Data Dec17 Dec18 Dec19 Cash per Share 0.00 3.05 3.34

 Otis Worldwide Quarterly Data Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Cash per Share 0.00 3.34 2.79 4.41 3.98

## Otis Worldwide Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Otis Worldwide's Cash per Share for the fiscal year that ended in Dec. 2019 is calculated as:

 Cash per Share = Cash, Cash Equivalents, Marketable Securities / Shares Outstanding (EOP) = 1446 / 433 = 3.34

Otis Worldwide's Cash per Share for the quarter that ended in Sep. 2020 is calculated as:

 Cash per Share = Cash, Cash Equivalents, Marketable Securities / Shares Outstanding (EOP) = 1733 / 435 = 3.98

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Otis Worldwide  (NYSE:OTIS) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.