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Chart Industries (Chart Industries) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is Chart Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chart Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,787 Mil. Chart Industries's Total Assets for the quarter that ended in Dec. 2023 was $9,102 Mil. Therefore, Chart Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

The historical rank and industry rank for Chart Industries's Equity-to-Asset or its related term are showing as below:

GTLS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.51   Max: 0.61
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of Chart Industries was 0.61. The lowest was 0.31. And the median was 0.51.

GTLS's Equity-to-Asset is ranked worse than
86.31% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs GTLS: 0.31

Chart Industries Equity-to-Asset Historical Data

The historical data trend for Chart Industries's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chart Industries Equity-to-Asset Chart

Chart Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.61 0.53 0.45 0.31

Chart Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.29 0.28 0.29 0.31

Competitive Comparison of Chart Industries's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Chart Industries's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chart Industries's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chart Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chart Industries's Equity-to-Asset falls into.



Chart Industries Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Chart Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2786.5/9102.4
=0.31

Chart Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2786.5/9102.4
=0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chart Industries  (NYSE:GTLS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Chart Industries Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Chart Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Chart Industries (Chart Industries) Business Description

Traded in Other Exchanges
Address
2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, USA, 30107
Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.
Executives
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Andrew R Cichocki director C/O CHART INDUSTRIES, INC., 2200 AIRPORT INDUSTRIAL DRIVE, SUITE 100, BALL GROUND GA 30107
Stephanie Winn Everett officer: Chief Accounting Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Paul E Mahoney director C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Spencer S Stiles director 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Gerald F Vinci officer: VP & Chief Human Resources Ofc 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Jillian C. Evanko officer: VP, CFO, CAO and Treasurer 1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Roger A Strauch director 125 GUILFORD ROAD, PIEDMONT CA 94611
David M. Sagehorn director 2307 OREGON STREET, PO BOX 2566, OSHKOSH WI 54903-2566
Brian Patrick Bostrom officer: Chief Technology Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Joseph Robert Brinkman officer: VP & Chief Financial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Ducote Douglas A Jr. officer: Chief Technology Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Paula Harris director 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Joseph A Belling officer: Chief Commercial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Robin M Catalano officer: VP & Chief Accounting Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107