Chart Industries Inc (GTLS)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,828,800 | 2,971,200 | 2,749,100 | 2,738,500 | 2,786,500 | 2,757,500 | 2,807,200 | 2,706,900 | 2,684,300 | 1,617,400 | 1,605,400 | 1,620,700 | 1,625,200 | 1,582,400 | 1,576,400 | 1,559,000 | 1,591,300 | 1,292,100 | 1,246,400 | 1,210,100 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,828,800K)
= 0.00
The debt-to-capital ratio for Chart Industries Inc has consistently been 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its total capital over this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is predominantly equity-funded. This may imply lower financial risk as the absence of debt could mean lower interest expenses and less financial leverage, but it could also indicate potentially missed opportunities for leveraging debt for growth or tax benefits. It would be important to understand the reasons behind the lack of debt usage and evaluate whether this approach aligns with the company's strategic objectives and financial goals.