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GTLS (Chart Industries) Effective Interest Rate on Debt % : 8.37% (As of Mar. 2025)


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What is Chart Industries Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Chart Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $308 Mil. Chart Industries's average total debt for the quarter that ended in Mar. 2025 was $3,685 Mil. Therefore, Chart Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 8.37%.


Chart Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Chart Industries's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Chart Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 1.58 1.98 9.40 8.79

Chart Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % 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 8.49 8.31 8.04 8.39 8.37

Competitive Comparison of Chart Industries's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Chart Industries's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chart Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chart Industries's Effective Interest Rate on Debt % falls into.


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Chart Industries Effective Interest Rate on Debt % Calculation

Chart Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -328.5/( (3834.9+3641.6)/ 2 )
=-1  *  -328.5/3738.25
=8.79 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3576.4 + 258.5
=3834.9

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3640.7 + 0.9
=3641.6

Chart Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -308.4/( (3641.6+3727.6)/ 2 )
=-1  *  -308.4/3684.6
=8.37 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3640.7 + 0.9
=3641.6

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3727.6 + 0
=3727.6

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Chart Industries  (NYSE:GTLS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Chart Industries Effective Interest Rate on Debt % Related Terms

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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 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
Joseph Robert Brinkman officer: VP & Chief Financial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Gerald F Vinci officer: VP & Chief Human Resources Ofc 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Herbert Hotchkiss officer: VP, GC and Secretary 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
Paul E Mahoney director C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
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
Spencer S Stiles director 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
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
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