Otis Worldwide (BSP:O1TI34) Long-Term Debt : R$34,092 Mil (As of Mar. 2024)

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What is Otis Worldwide Long-Term Debt?

Otis Worldwide's Long-Term Debt for the quarter that ended in Mar. 2024 was R$34,092 Mil.

Otis Worldwide's quarterly Long-Term Debt declined from Sep. 2023 (R$33,692 Mil) to Dec. 2023 (R$33,642 Mil) but then increased from Dec. 2023 (R$33,642 Mil) to Mar. 2024 (R$34,092 Mil).

Otis Worldwide's annual Long-Term Debt declined from Dec. 2021 (R$40,992 Mil) to Dec. 2022 (R$31,986 Mil) but then increased from Dec. 2022 (R$31,986 Mil) to Dec. 2023 (R$33,642 Mil).

Otis Worldwide Long-Term Debt Historical Data

The historical data trend for Otis Worldwide's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Otis Worldwide Long-Term Debt Chart

Otis Worldwide Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Debt

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20.52

27,071.41

40,992.37

31,986.45

33,642.03

Otis Worldwide Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Debt	Get a 7-Day Free Trial															31,855.80	29,690.08	33,691.81	33,642.03	34,091.71

Otis Worldwide (BSP:O1TI34) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Otis Worldwide Long-Term Debt Related Terms

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Otis Worldwide (BSP:O1TI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otis Worldwide Corp (BSP:O1TI34) » Definitions » Long-Term Debt

Comparable Companies

Traded in Other Exchanges

OTIS:USA OTIS:Mexico 4PG:Germany 4PG:Germany

Address

One Carrier Place, Farmington, CT, USA, 06032

Website

https://www.otis.com

Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Otis Worldwide (BSP:O1TI34) Headlines

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