Otis Worldwide (OTIS) Short-term Investments (2020 - 2022)
Otis Worldwide (OTIS) reported Short-term Investments of $5.0 million for Q4 2022, down 99.74% year-over-year from $1.9 billion in Q4 2021, and down 28.57% quarter-over-quarter from $7.0 million in Q3 2022.
Otis Worldwide (OTIS) Short-term Investments (2020 - 2022) Analysis & Trends
Otis Worldwide (OTIS) has 3 years of Short-term Investments data on file, last reported at $5.0 million in Q4 2022.
- Short-term Investments for Q4 2022 came in at $5.0 million, down 99.74% year-over-year; the trailing twelve-month figure through Dec 2022 was $5.0 million (down 99.74% YoY), and the FY2022 annual result was $5.0 million, down 99.74% from the prior year.
- Short-term Investments eased to $5.0 million in Q4 2022 per OTIS's latest filing, from $7.0 million in the prior quarter.
- Over five years, Short-term Investments peaked at $1.9 billion in Q4 2021 and troughed at $5.0 million in Q4 2022.
- A 3-year average of $632.0 million and a median of $14.5 million in 2020 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2021 and 2022: Short-term Investments surged 11135.29% in 2021, then tumbled 99.74% in 2022.
- A 3-year view of Short-term Investments shows it stood at $17.0 million in 2020, then surged by 11135.29% to $1.9 billion in 2021, then plunged by 99.74% to $5.0 million in 2022.
- Business Quant data shows OTIS's Short-term Investments at $5.0 million in Q4 2022, $7.0 million in Q3 2022, and $12.0 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn |
| 10 | Otis Worldwide | 27.30 Bn | 26.54 Bn | 2.61 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 12.00 Mn |
| Mar 31, 2022 | 1.84 Bn |
| Dec 31, 2021 | 1.91 Bn |
| Dec 31, 2020 | 17.00 Mn |