Chart Non Current Assets Total vs Non Current Liabilities Total Analysis

GTLS Stock  USD 156.31  1.91  1.21%   
Chart Industries financial indicator trend analysis is way more than just evaluating Chart Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chart Industries is a good investment. Please check the relationship between Chart Industries Non Current Assets Total and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Chart Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Chart Stock please use our How to Invest in Chart Industries guide.

Non Current Assets Total vs Non Current Liabilities Total

Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chart Industries Non Current Assets Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chart Industries' Non Current Assets Total and Non Current Liabilities Total is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Chart Industries, assuming nothing else is changed. The correlation between historical values of Chart Industries' Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Chart Industries are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., Chart Industries' Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Current Liabilities Total

Most indicators from Chart Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chart Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Chart Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Chart Stock please use our How to Invest in Chart Industries guide.At this time, Chart Industries' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, despite the fact that Discontinued Operations is likely to grow to (49.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit324.2M407.4M877.5M921.4M
Total Revenue1.3B1.6B3.4B3.5B

Chart Industries fundamental ratios Correlations

0.990.950.990.950.950.980.950.290.97-0.890.290.930.990.970.160.970.990.980.820.830.520.780.970.50.51
0.990.930.970.90.910.990.960.280.96-0.910.280.931.00.930.140.941.00.940.810.730.450.70.960.40.41
0.950.930.920.950.840.90.820.550.84-0.730.550.790.910.880.30.980.920.90.950.80.550.760.850.50.51
0.990.970.920.940.950.970.960.240.97-0.90.240.940.970.970.110.940.990.970.780.830.520.820.980.490.5
0.950.90.950.940.910.880.830.440.88-0.720.440.790.890.940.260.990.910.960.890.940.650.850.890.660.67
0.950.910.840.950.910.920.930.120.96-0.860.120.910.930.970.090.90.940.970.670.850.530.730.960.60.61
0.980.990.90.970.880.920.970.180.97-0.940.180.961.00.930.090.911.00.940.750.710.420.680.970.370.38
0.950.960.820.960.830.930.970.040.99-0.980.040.990.970.940.020.840.980.930.630.70.370.670.980.370.38
0.290.280.550.240.440.120.180.040.060.071.00.00.220.220.460.490.230.240.750.350.470.30.130.410.41
0.970.960.840.970.880.960.970.990.06-0.950.060.970.970.960.030.880.980.960.650.770.450.720.990.450.46
-0.89-0.91-0.73-0.9-0.72-0.86-0.94-0.980.07-0.950.07-0.98-0.93-0.860.07-0.74-0.93-0.84-0.51-0.56-0.28-0.56-0.93-0.25-0.26
0.290.280.550.240.440.120.180.041.00.060.070.00.220.220.460.490.230.240.750.350.470.30.140.410.41
0.930.930.790.940.790.910.960.990.00.97-0.980.00.950.930.00.810.950.890.590.660.320.630.970.340.35
0.991.00.910.970.890.931.00.970.220.97-0.930.220.950.940.110.921.00.950.770.730.430.680.970.40.41
0.970.930.880.970.940.970.930.940.220.96-0.860.220.930.940.170.920.960.980.750.870.540.780.970.590.6
0.160.140.30.110.260.090.090.020.460.030.070.460.00.110.170.280.110.160.420.210.320.110.040.330.33
0.970.940.980.940.990.90.910.840.490.88-0.740.490.810.920.920.280.930.940.920.870.610.80.890.590.6
0.991.00.920.990.910.941.00.980.230.98-0.930.230.951.00.960.110.930.960.780.760.460.730.980.430.44
0.980.940.90.970.960.970.940.930.240.96-0.840.240.890.950.980.160.940.960.770.880.590.810.960.570.58
0.820.810.950.780.890.670.750.630.750.65-0.510.750.590.770.750.420.920.780.770.750.570.70.690.50.5
0.830.730.80.830.940.850.710.70.350.77-0.560.350.660.730.870.210.870.760.880.750.710.880.780.760.77
0.520.450.550.520.650.530.420.370.470.45-0.280.470.320.430.540.320.610.460.590.570.710.640.460.860.86
0.780.70.760.820.850.730.680.670.30.72-0.560.30.630.680.780.110.80.730.810.70.880.640.720.550.56
0.970.960.850.980.890.960.970.980.130.99-0.930.140.970.970.970.040.890.980.960.690.780.460.720.490.5
0.50.40.50.490.660.60.370.370.410.45-0.250.410.340.40.590.330.590.430.570.50.760.860.550.491.0
0.510.410.510.50.670.610.380.380.410.46-0.260.410.350.410.60.330.60.440.580.50.770.860.560.51.0
Click cells to compare fundamentals

Chart Industries Account Relationship Matchups

Chart Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B3.0B5.9B9.1B9.6B
Short Long Term Debt Total761M221.6M600.8M2.3B3.9B4.1B
Other Current Liab102.9M149.8M107.8M437.6M401.6M421.7M
Total Current Liabilities378.3M634.8M693.9M1.1B1.9B2.0B
Total Stockholder Equity1.2B1.6B1.6B2.7B2.8B2.9B
Property Plant And Equipment Net404.6M414.5M416M430M837.6M879.5M
Net Debt642M96.5M478.6M1.6B3.7B3.9B
Accounts Payable125M140.1M175.9M211.1M811M851.6M
Cash119M125.1M122.2M663.6M201.1M104.7M
Non Current Assets Total1.8B1.9B2.2B2.2B6.9B7.2B
Non Currrent Assets Other15.8M15.1M46.2M64.2M(2.7B)(2.6B)
Cash And Short Term Investments119M125.1M122.2M663.6M201.1M105.9M
Net Receivables202.6M200.8M236.3M278.4M1.3B1.3B
Liabilities And Stockholders Equity2.5B2.6B3.0B5.9B9.1B9.6B
Non Current Liabilities Total870.7M360.4M724.7M2.1B4.3B4.5B
Inventory219.4M248.4M321.5M357.9M576.3M605.1M
Other Current Assets132.6M128.7M173.5M449.3M175M89.5M
Other Stockholder Equity767.6M780.1M768.3M1.8B1.9B1.9B
Total Liab1.2B995.2M1.4B3.2B6.2B6.5B
Property Plant And Equipment Gross404.6M414.5M707.9M757.8M1.2B1.3B
Total Current Assets673.6M703M853.5M3.7B2.2B2.3B
Accumulated Other Comprehensive Income(35.9M)2.4M(21.7M)(58M)10.8M11.3M
Retained Earnings500.3M808.4M878.2M902.2M922.1M968.2M
Common Stock Shares Outstanding35.2M36.5M41.1M41.8M46.8M27.9M
Short Term Debt22.6M226M261.7M262.3M277M290.9M
Current Deferred Revenue127.8M118.9M148.5M170.6M376.6M395.4M
Good Will844.9M865.9M994.6M992M2.9B3.1B
Intangible Assets529.1M509.1M556.1M535.3M2.8B2.9B
Other Liab81.9M138.8M123.9M80.6M92.7M51.7M
Other Assets15.8M95M297.5M2.6B2.9B3.1B
Long Term Debt761M221.6M600.8M2.0B3.6B3.8B
Property Plant Equipment404.6M414.5M416M430M494.5M519.2M
Net Tangible Assets(146.4M)213.7M622M2.7B3.1B3.2B
Noncontrolling Interest In Consolidated Entity4.8M6.6M8.6M8.8M10.1M5.2M
Retained Earnings Total Equity500.3M808.4M878.2M902.2M1.0B1.1B
Long Term Debt Total761M221.6M600.8M2.0B2.3B2.5B

Pair Trading with Chart Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chart Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chart Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chart Stock

  0.69CR Crane CompanyPairCorr

Moving against Chart Stock

  0.5ATS ATS CorporationPairCorr
  0.45CYD China Yuchai InternaPairCorr
The ability to find closely correlated positions to Chart Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chart Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chart Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chart Industries to buy it.
The correlation of Chart Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chart Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chart Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chart Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Chart Industries is a strong investment it is important to analyze Chart Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chart Industries' future performance. For an informed investment choice regarding Chart Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Chart Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Chart Stock please use our How to Invest in Chart Industries guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is Chart Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chart Industries. If investors know Chart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chart Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
1.12
Revenue Per Share
89.818
Quarterly Revenue Growth
0.789
Return On Assets
0.0361
The market value of Chart Industries is measured differently than its book value, which is the value of Chart that is recorded on the company's balance sheet. Investors also form their own opinion of Chart Industries' value that differs from its market value or its book value, called intrinsic value, which is Chart Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chart Industries' market value can be influenced by many factors that don't directly affect Chart Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chart Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chart Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chart Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.