Chart Industries Inc. Files 2023 Annual Report on Form 10-K
Ticker: GTLS · Form: 10-K · Filed: 2024-02-28T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, Annual Report, Chart Industries, Financials, Manufacturing
TL;DR
<b>Chart Industries Inc. has submitted its 2023 annual report (10-K), detailing its financial performance and operations for the fiscal year ending December 31, 2023.</b>
AI Summary
CHART INDUSTRIES INC (GTLS) filed a Annual Report (10-K) with the SEC on February 28, 2024. Chart Industries Inc. filed its 2023 Form 10-K on February 28, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located in Ball Ground, Georgia. Chart Industries Inc. is classified under Standard Industrial Classification 3443 (Fabricated Plate Work). The filing includes financial data for the fiscal years 2023, 2022, and 2021.
Why It Matters
For investors and stakeholders tracking CHART INDUSTRIES INC, this filing contains several important signals. This 10-K filing provides a comprehensive overview of Chart Industries' financial health, operational performance, and strategic direction for the past fiscal year, crucial for investors and stakeholders to assess the company's current standing and future prospects. The detailed financial statements and risk factor disclosures within the 10-K are essential for understanding the company's revenue streams, profitability, debt levels, and potential challenges in the fabricated plate work industry.
Risk Assessment
Risk Level: medium — CHART INDUSTRIES INC shows moderate risk based on this filing. The company's financial performance and future outlook are subject to various market and operational risks inherent in the industrial manufacturing sector, as detailed in the 10-K.
Analyst Insight
Investors should review the detailed financial statements and risk factors in the 10-K to assess Chart Industries' performance and potential future challenges.
Key Numbers
- 2023-12-31 — Fiscal Year End (Conformed period of report)
- 2024-02-28 — Filing Date (Filed as of date)
- 3443 — SIC Code (Standard Industrial Classification)
Key Players & Entities
- CHART INDUSTRIES INC (company) — Filer name
- 2023 (date) — Fiscal year end
- 2024-02-28 (date) — Filing date
- Ball Ground, GA (location) — Business address city and state
- 3443 (other) — Standard Industrial Classification
FAQ
When did CHART INDUSTRIES INC file this 10-K?
CHART INDUSTRIES INC filed this Annual Report (10-K) with the SEC on February 28, 2024.
What is a 10-K filing?
A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by CHART INDUSTRIES INC (GTLS).
Where can I read the original 10-K filing from CHART INDUSTRIES INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CHART INDUSTRIES INC.
What are the key takeaways from CHART INDUSTRIES INC's 10-K?
CHART INDUSTRIES INC filed this 10-K on February 28, 2024. Key takeaways: Chart Industries Inc. filed its 2023 Form 10-K on February 28, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located in Ball Ground, Georgia..
Is CHART INDUSTRIES INC a risky investment based on this filing?
Based on this 10-K, CHART INDUSTRIES INC presents a moderate-risk profile. The company's financial performance and future outlook are subject to various market and operational risks inherent in the industrial manufacturing sector, as detailed in the 10-K.
What should investors do after reading CHART INDUSTRIES INC's 10-K?
Investors should review the detailed financial statements and risk factors in the 10-K to assess Chart Industries' performance and potential future challenges. The overall sentiment from this filing is neutral.
How does CHART INDUSTRIES INC compare to its industry peers?
Chart Industries Inc. operates in the fabricated plate work industry, which involves the manufacturing of industrial gas equipment and related products.
Are there regulatory concerns for CHART INDUSTRIES INC?
The company is subject to standard SEC regulations for public companies, including the requirement to file annual reports on Form 10-K.
Risk Factors
- Market Risks [medium — market]: The company's operations are subject to various market risks that could impact its financial performance.
- Operational Risks [medium — operational]: Operational challenges and disruptions could adversely affect the company's ability to conduct business.
- Financial Risks [medium — financial]: The company faces financial risks related to its capital structure and market conditions.
Industry Context
Chart Industries Inc. operates in the fabricated plate work industry, which involves the manufacturing of industrial gas equipment and related products.
Regulatory Implications
The company is subject to standard SEC regulations for public companies, including the requirement to file annual reports on Form 10-K.
What Investors Should Do
- Analyze the detailed financial statements for revenue, net income, and other key performance indicators.
- Review the risk factors section to understand potential challenges and their impact on the business.
- Compare the 2023 results with previous years to identify trends and assess performance changes.
Key Dates
- 2023-12-31: Fiscal Year End — Marks the end of the reporting period for the 10-K.
- 2024-02-28: Filing Date — Date the 10-K was officially filed with the SEC.
Year-Over-Year Comparison
This filing represents the annual report for the fiscal year 2023, providing updated financial and operational information compared to previous filings.
From the Filing
0000892553-24-000067.txt : 20240228 0000892553-24-000067.hdr.sgml : 20240228 20240228160715 ACCESSION NUMBER: 0000892553-24-000067 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 171 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHART INDUSTRIES INC CENTRAL INDEX KEY: 0000892553 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED PLATE WORK (BOILER SHOPS) [3443] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 341712937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11442 FILM NUMBER: 24695281 BUSINESS ADDRESS: STREET 1: 2200 AIRPORT INDUSTRIAL DRIVE STREET 2: SUITE # 100 CITY: BALL GROUND STATE: GA ZIP: 30107 BUSINESS PHONE: 770-721-8800 MAIL ADDRESS: STREET 1: 2200 AIRPORT INDUSTRIAL DRIVE STREET 2: SUITE # 100 CITY: BALL GROUND STATE: GA ZIP: 30107 10-K 1 gtls-20231231.htm 10-K gtls-20231231 FALSE 2023 FY 0000892553 http://fasb.org/us-gaap/2023#CommonStockMember P5D .0170285 0.05 http://fasb.org/us-gaap/2023#OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax http://fasb.org/us-gaap/2023#OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax http://fasb.org/us-gaap/2023#OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax 0000892553 2023-01-01 2023-12-31 0000892553 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000892553 us-gaap:ConvertiblePreferredStockMember 2023-01-01 2023-12-31 0000892553 2023-06-30 iso4217:USD 0000892553 2024-02-20 xbrli:shares 0000892553 us-gaap:TransferredOverTimeMember 2023-01-01 2023-12-31 0000892553 gtls:HowdenIndustriesMember 2023-03-17 2023-03-17 0000892553 2023-12-31 0000892553 2022-12-31 iso4217:USD xbrli:shares 0000892553 2022-01-01 2022-12-31 0000892553 2021-01-01 2021-12-31 0000892553 2021-12-31 0000892553 2020-12-31 0000892553 us-gaap:CommonStockMember 2020-12-31 0000892553 us-gaap:PreferredStockMember 2020-12-31 0000892553 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000892553 us-gaap:TreasuryStockCommonMember 2020-12-31 0000892553 us-gaap:RetainedEarningsMember 2020-12-31 0000892553 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000892553 us-gaap:NoncontrollingInterestMember 2020-12-31 0000892553 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000892553 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0000892553 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000892553 us-gaap:RetainedEarningsMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2020-12-31 0000892553 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2020-12-31 0000892553 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000892553 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000892553 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0000892553 us-gaap:CommonStockMember 2021-12-31 0000892553 us-gaap:PreferredStockMember 2021-12-31 0000892553 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000892553 us-gaap:TreasuryStockCommonMember 202