Otis Worldwide (OTIS) Asset Writedowns and Impairment (2019 - 2020)
Otis Worldwide (OTIS) reported Asset Writedowns and Impairment of $16.0 million for Q4 2020, down 38.46% year-over-year from $26.0 million in Q1 2020, and down 70.91% quarter-over-quarter from $55.0 million in Q1 2020.
Otis Worldwide (OTIS) Asset Writedowns and Impairment (2019 - 2020) Analysis & Trends
Otis Worldwide (OTIS) has 2 years of Asset Writedowns and Impairment data on file, last reported at $16.0 million in Q4 2020.
- Asset Writedowns and Impairment for Q4 2020 came in at $16.0 million, down 38.46% year-over-year; the trailing twelve-month figure through Sep 2021 was $16.0 million (down 80.25% YoY), and the FY2020 annual result was $71.0 million, up 173.08% from the prior year.
- Asset Writedowns and Impairment declined to $16.0 million in Q4 2020 per OTIS's latest filing, from $55.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $55.0 million in Q1 2020 and troughed at $16.0 million in Q4 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 299.46 Bn | 290.43 Bn | 1.78 Bn |
| 2 | Eaton | 164.06 Bn | 163.35 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 120.65 Bn | 120.18 Bn | 2.02 Bn |
| 4 | Cummins | 98.98 Bn | 96.25 Bn | 2.24 Bn |
| 5 | Emerson Electric | 84.75 Bn | 82.97 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 76.17 Bn | 75.34 Bn | 1.76 Bn |
| 7 | Ametek | 54.28 Bn | 53.79 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 53.18 Bn | 52.81 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 30.53 Bn | 29.32 Bn | 792.40 Mn |
| 10 | Otis Worldwide | 28.43 Bn | 27.67 Bn | 2.61 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 16.00 Mn |
| Dec 31, 2020 | 16.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Dec 31, 2019 | 26.00 Mn |
| Dec 31, 2019 | 26.00 Mn |