Otis Worldwide (OTIS)

Net assets on the balance sheet as of December 2024 : -A$7.42 Billion

According to Otis Worldwide's latest financial reports the company has -A$7.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Otis Worldwide - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$-A$7.61 Billion	9.72%
2023-12-31	$-A$6.93 Billion	1.08%
2022-12-31	$-A$6.86 Billion	66.52%
2021-12-31	$-A$4.12 Billion	-1.13%
2020-12-31	$-A$4.17 Billion	-225.31%
2019-12-31	$A$3.32 B	5.66%
2018-12-31	$A$3.14 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Otis Worldwide OTIS	-A$7.42 Billion	0.00%	🇺🇸 USA

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The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Otis Worldwide (OTIS) - Net assets

Net assets on the balance sheet as of December 2024 : -A$7.42 Billion