Chart Industries Inc (GTLS)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,828,800K
= 0.00
The debt-to-equity ratio of Chart Industries Inc has consistently been at 0.00 for the past several quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not had any financial leverage by using debt to finance its operations during this period. A debt-to-equity ratio of 0.00 signifies that the company's total liabilities are equal to zero or significantly lower than its total equity, suggesting a low risk of financial distress due to debt obligations. It may imply that the company has been primarily relying on equity financing or internal sources of funds for its capital needs rather than taking on debt. This low debt-to-equity ratio could be viewed as a positive sign for investors and creditors, showing financial stability and conservative financial management on the part of Chart Industries Inc.