Otis Worldwide (OTIS) Asset Writedowns and Impairment (2019 - 2020)
Otis Worldwide's (OTIS) quarterly Asset Writedowns and Impairment came in at $16.0 million in Q4 2020, down 38.46% year-on-year from $26.0 million in Q1 2020, and down 70.91% on a QoQ basis 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.
- On a quarterly basis, Asset Writedowns and Impairment fell 38.46% year-over-year to $16.0 million in Q4 2020; TTM through Sep 2021 was $16.0 million, a 80.25% decrease from a year earlier, with the FY2020 full-year figure at $71.0 million, up 173.08% from the prior year.
- Asset Writedowns and Impairment for Q4 2020 stood at $16.0 million, down from $55.0 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for OTIS reached as high as $55.0 million in Q1 2020 and fell as low as $16.0 million in Q4 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 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 |