Discontinued — last reported Q3 '22

Other

Short-term debt and current portion of long-term debt

Otis Worldwide Short-term debt and current portion of long-term debt decreased by 11.1% to $939.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 36.7%, from $1.48B to $939.00M. Over 4 years (FY 2021 to FY 2025), Short-term debt and current portion of long-term debt shows an upward trend with a 157.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ3 2022

How to read this metric

A significant increase may signal higher refinancing risk or a shift in capital structure, while a decrease indicates debt reduction or successful long-term refinancing.

Detailed definition

This represents the portion of total debt obligations, including bank loans, commercial paper, and the current portion o...

Peer comparison

Standard debt metric; peers report this as current portion of long-term debt or short-term borrowings.

Metric ID: other_debt_current

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$24.00M$670.00M$646.00M$746.00M$585.00M$32.00M$35.00M$1.66B$1.67B$1.35B$1.48B$675.00M$492.00M$1.06B$939.00M
QoQ Change>999%-3.6%+15.5%-21.6%-94.5%+9.4%>999%+0.7%-19.0%+9.8%-54.5%-27.1%+114.6%-11.1%
YoY Change>999%-95.2%-94.6%+122.0%+185.0%>999%>999%-59.2%-70.5%-21.8%-36.7%
Range$24.00M$1.67B
CAGR+185.1%
Avg YoY Growth+989.1%
Median YoY Growth-21.8%

Frequently Asked Questions

What is Otis Worldwide's short-term debt and current portion of long-term debt?
Otis Worldwide (OTIS) reported short-term debt and current portion of long-term debt of $939.00M in Q1 2026.
How has Otis Worldwide's short-term debt and current portion of long-term debt changed year-over-year?
Otis Worldwide's short-term debt and current portion of long-term debt decreased by 36.7% year-over-year, from $1.48B to $939.00M.
What is the long-term trend for Otis Worldwide's short-term debt and current portion of long-term debt?
Over 4 years (2021 to 2025), Otis Worldwide's short-term debt and current portion of long-term debt has grown at a 157.6% compound annual growth rate (CAGR), from $24.00M to $1.06B.
What does short-term debt and current portion of long-term debt mean?
The amount of debt the company must repay within the next year.