Chart Industries Inc (GTLS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,828,800 | 2,786,500 | 2,684,300 | 1,625,200 | 1,591,300 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,828,800K)
= 0.00
The debt-to-capital ratio of Chart Industries Inc has remained consistent at 0.00% for the years ending December 31, 2020 through December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during these years. A debt-to-capital ratio of 0.00% suggests that the company is primarily funded by equity rather than debt, which may be viewed positively by investors and creditors as it signifies lower financial risk and potential for financial stability. However, it is important to consider the potential impact on the company's cost of capital and profitability due to the absence of debt leverage. Additionally, the stability of the debt-to-capital ratio over the period suggests that the company has maintained a consistent approach to its capital structure management.