What is the debt of Otter Tail this year?
Otter Tail has a debt level of 675.11 USD this year.
Otter Tail Debt 2024
Otter Tail Debt
675.11 USD
Ticker
OTTR
ISIN
US6896481032
WKN
919111
In 2024, Otter Tail's total debt was 675.11 USD, a -5.31% change from the 713 USD total debt recorded in the previous year.
Otter Tail Aktienanalyse
What does Otter Tail do?
Otter Tail Corp is a US-based company headquartered in Fergus Falls, Minnesota. The company's history dates back to 1907 when Otter Tail Power Company was founded. Over the years, Otter Tail Power Company expanded its business and became a major producer and supplier of electricity in the region. Today, Otter Tail Corp is a conglomerate of various subsidiaries operating in different industries. The company operates in four business segments: Energy, Food, Printing, and Healthcare. The energy segment includes Otter Tail Power Company as well as its subsidiaries BTD Manufacturing Inc., a precision sheet metal fabrication company for various industries, and T.O. Plastics, specialized in the manufacturing of plastic parts and packaging. Otter Tail Power Company is a regional electricity provider and produces electricity from various sources such as coal, natural gas, water, and wind power. The food segment includes subsidiaries Big Fork Brands, a manufacturer of artisan sausages and meat snacks, and Lund Boats, a manufacturer of sport boats. Both companies specialize in niche markets and differentiate themselves through high-quality products and customer orientation. In the printing segment, Otter Tail Corp operates through subsidiary OTC Printing, which offers a wide range of printing and publishing services. The company specializes in the production of textbooks, catalogs, trade journals, as well as direct mail campaigns. Lastly, Otter Tail Corp is involved in healthcare, with its subsidiaries Blue Cross Blue Shield of North Dakota and aequitasMD offering health insurance and healthcare administration services. Although Otter Tail Corp operates in different industries, the company's business model is based on a common strategy built on two key principles: diversification and value creation. The company has invested in various industries to minimize the risk associated with exclusive reliance on a specific market. At the same time, Otter Tail Corp has developed a culture of strategic planning and implementation to ensure long-term economic success for each subsidiary. Otter Tail Corp is known for its wide range of products, ranging from electricity to artisan sausages and boats. The company's various subsidiaries specialize in different markets, excelling in high-quality products and customer orientation. Otter Tail Power Company produces and supplies electricity to households and businesses in Minnesota, South Dakota, and North Dakota. The precision sheet metal fabrication parts manufactured by BTD Manufacturing are used in various industries, including agriculture, automotive, and aviation. T.O. Plastics provides solutions for a variety of industries with its plastic parts and packaging, including medical technology, pharmaceuticals, and food packaging. Big Fork Brands produces artisan sausages and meat snacks made from high-quality meat and natural ingredients. The company specializes in the production of traditionally smoked sausages prepared according to old family recipes. Lund Boats is a leading manufacturer of sport boats. Utilizing the latest technology and utilizing high-quality materials, Lund Boats produces excellent boats designed for long-term use. Otter Tail Corp is a company that has implemented unparalleled diversification and long-term planning to succeed in different industries while achieving maximum value creation for its customers. With a broad portfolio of products and services, Otter Tail Corp is a key player in various markets in the Midwest of the United States. Otter Tail ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Otter Tail's Debt Structure
Otter Tail's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Otter Tail's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Otter Tail’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Otter Tail’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Otter Tail stock
What was the debt of Otter Tail compared to the previous year?
The debt of Otter Tail has increased by -5.31% compared to the previous year dropped.
What are the consequences of high debt for investors in Otter Tail?
High debt can pose a risk for investors of Otter Tail, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Otter Tail?
Low debt means that Otter Tail has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Otter Tail affect the company?
An increase in debt of Otter Tail can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Otter Tail affect the company?
A reduction in debt of Otter Tail can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Otter Tail?
Some factors that can influence the debt of Otter Tail include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Otter Tail so important for investors?
The debts of Otter Tail are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Otter Tail take to change the debt?
To change the debt, Otter Tail can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Otter Tail pay?
Over the past 12 months, Otter Tail paid a dividend of 1.75 USD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Otter Tail is expected to pay a dividend of 2.02 USD.
What is the dividend yield of Otter Tail?
The current dividend yield of Otter Tail is 2.25 %.
When does Otter Tail pay dividends?
Otter Tail pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of Otter Tail?
Otter Tail paid dividends every year for the past 25 years.
What is the dividend of Otter Tail?
For the upcoming 12 months, dividends amounting to 2.02 USD are expected. This corresponds to a dividend yield of 2.6 %.
In which sector is Otter Tail located?
Otter Tail is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Otter Tail kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Otter Tail from 9/10/2024 amounting to 0.468 USD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.
When did Otter Tail pay the last dividend?
The last dividend was paid out on 9/10/2024.
What was the dividend of Otter Tail in the year 2023?
In the year 2023, Otter Tail distributed 1.65 USD as dividends.
In which currency does Otter Tail pay out the dividend?
The dividends of Otter Tail are distributed in USD.
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Andere Kennzahlen von Otter Tail
Our stock analysis for Otter Tail Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Otter Tail Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
