Chart Industries Inc (GTLS)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,828,800K
= 0.00
The debt-to-equity ratio of Chart Industries Inc has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has either no debt or a minimal amount of debt in relation to its equity during these years. A debt-to-equity ratio of 0.00 signifies that the company is primarily financed by equity rather than debt, which can be viewed positively as it suggests lower financial risk and a potentially stronger financial position. It may indicate that the company is not heavily reliant on borrowing to fund its operations or growth, which could bode well in terms of financial stability and creditworthiness. However, it's also important to consider other financial metrics and industry benchmarks to gain a more comprehensive understanding of the company's overall financial health and leverage position.