Otter Tail (OTTR) Non-Current Debt (2009 - 2024)
Otter Tail (OTTR) reported Non-Current Debt of $943.66 million for Q3 2024, up 14.5% from $824 million a year earlier and unchanged from the prior quarter.
Otter Tail (OTTR) Non-Current Debt (2009 - 2024) Analysis & Trends
At the end of FY2023, Otter Tail posted Non-Current Debt of $824.06 million, unchanged from FY2022.
- Non-Current Debt has a five-year compound annual growth rate of 6.9% (FY2018 to FY2023).
- By year, Non-Current Debt came in at $823.82 million in FY2022 (+12.2%), $734.01 million in FY2021 (+17.5%), $624.43 million in FY2020 (-9.4%) and $689.58 million in FY2019 (+16.9%).
- The Q3 2024 figure ranks as the highest quarterly Non-Current Debt in data going back to Q4 2009.
- Year over year, Non-Current Debt has now increased in each of the last three quarters, with growth averaging 8.5% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q3 2022 (growth of 38.5%); the low point was Q3 2021 (a decline of 22.2%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $943.59 million (Q2 2024), $943.54 million (Q1 2024) and $824.06 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | -5.26 Bn |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 46.72 Bn |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 35.95 Bn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 19.22 Bn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 19.06 Bn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 23.53 Bn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 9.75 Bn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 14.05 Bn |
| 10 | Otter Tail | 3.72 Bn | 2.16 Bn | 216.33 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 943.66 Mn |
| Jun 30, 2024 | 943.59 Mn |
| Mar 31, 2024 | 943.54 Mn |
| Dec 31, 2023 | 824.06 Mn |
| Sep 30, 2023 | 824.00 Mn |
| Jun 30, 2023 | 823.94 Mn |
| Mar 31, 2023 | 823.88 Mn |
| Dec 31, 2022 | 823.82 Mn |
| Sep 30, 2022 | 823.76 Mn |
| Jun 30, 2022 | 823.70 Mn |
| Mar 31, 2022 | 734.07 Mn |
| Dec 31, 2021 | 734.01 Mn |
| Sep 30, 2021 | 594.62 Mn |
| Jun 30, 2021 | 624.54 Mn |
| Mar 31, 2021 | 624.49 Mn |
| Dec 31, 2020 | 624.43 Mn |
| Sep 30, 2020 | 764.27 Mn |
| Jun 30, 2020 | 724.39 Mn |
| Mar 31, 2020 | 724.32 Mn |
| Dec 31, 2019 | 689.58 Mn |
Otter Tail Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=OTTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "OTTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=OTTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();