$-\cot(y)=x$
Let's say you want to put this in terms of y...
$\cot(y)=-x$
$y = \cot^{-1}(-x)$
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Is this also valid ?
$-\cot(y)=x$
$y = -\cot^{-1}(x)$
If yes, how exactly does one arrive that that result?
In other words, are these equivalent?
$\cot^{-1}(-x) = -\cot^{-1}(x)$


No and yes.
Recall that when you take the inverse, you need to take the inverse on both sides. So what you've actually done is $$-cot(y)=x$$ $$cot^{-1}(-cot(y))=cot^{-1}(x)$$ which is not equivalent to $y = -cot^{-1}(x)$.
However, it is true that $cot^{-1}(x)$ is an odd function.