Otis Worldwide (OTIS) - Cash on Hand

Cash on Hand as of June 2024 : NZ$1.55 Billion

According to Otis Worldwide's latest financial reports the company has NZ$1.55 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Otis Worldwide - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$2.01 B	7.57%
2022-12-31	NZ$1.87 B	-18.26%
2021-12-31	NZ$2.29 B	-7.23%
2020-12-31	NZ$2.46 B	15.03%
2019-12-31	NZ$2.14 B	8.37%
2018-12-31	NZ$1.98 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Otis Worldwide OTIS	NZ$1.55 B	0.00%	🇺🇸 USA

What is the market capitalization of a company?

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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