Chart Industries Inc (GTLS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 9,123,900 | 9,102,400 | 5,901,900 | 3,043,800 | 2,586,500 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,123,900K
= 0.00
The debt-to-assets ratio for Chart Industries Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company is not relying on external borrowing to fund its operations and investments, which can be viewed positively as it signifies a strong financial position and low financial risk. The company appears to have a conservative financing strategy focused on maintaining a healthier balance sheet by relying on internal resources to support its asset base.