Chart Industries Inc (GTLS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 9,123,900 | 9,498,400 | 9,277,500 | 9,247,900 | 9,102,400 | 9,020,200 | 9,407,500 | 9,297,400 | 5,901,900 | 3,069,200 | 3,167,600 | 3,085,900 | 3,043,800 | 2,981,800 | 2,830,000 | 2,652,300 | 2,586,500 | 2,452,900 | 2,452,600 | 2,423,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 of Chart Industries Inc has consistently been 0.00 for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has been financing its assets entirely through equity rather than debt during this period. A debt-to-assets ratio of 0.00 suggests that the company has either minimal or no debt relative to its total assets. This signifies a strong financial position in terms of debt management, as lower debt levels generally imply lower financial risk and higher stability for the company. It also indicates that the company may not be heavily dependent on borrowed funds to fund its operations and growth, which can be viewed positively by investors and creditors.