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Chart Industries GTLS Repair, Service & Leasing — Accumulated goodwill impairment loss

Discontinued — last reported Q3 '21

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Other financials

Income statement

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Revenue$884.8M-11.7%
Gross profit$251.4M-26.0%
Operating income$52.6M-65.5%
Net income-$17.1M-135%
EPS (diluted)-$0.36-138%

Balance sheet

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Cash & equivalents$269.4M-9.6%
Total debt$3.9B+1.9%
Total equity$3.2B+5.3%
Total assets$9.7B+4.1%

Cash flow

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Operating cash flow-$248.0M-313%
CapEx$24.8M+23.4%
Free cash flow-$272.8M-241%

Valuation

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Market cap$9.96B+50.0%
Enterprise value$13.59B+33.6%
P/S2.4×+0.8×

Profitability

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Gross margin32.5%-1.3pp
Operating margin6.2%-10.1pp
Net margin-0.6%-6.7pp
FCF margin0.2%-10.3pp

Returns & leverage

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Return on equity-0.8%-9.8pp
Debt / equity1.2×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Chart Industries in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: Chart Industries’s 10-Q, filed October 21, 2021, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chart Industries's repair, service & leasing — accumulated goodwill impairment loss?
Chart Industries (GTLS) reported repair, service & leasing — accumulated goodwill impairment loss of $20.4M in Q3 2021.
What does repair, service & leasing — accumulated goodwill impairment loss mean?
The total historical loss in value recorded for goodwill assigned to the repair and service business segment.
How do you interpret repair, service & leasing — accumulated goodwill impairment loss?
An increase indicates that the company has recognized that the assets acquired in this segment are worth less than originally recorded, signaling potential past overpayment or declining business prospects.
How does repair, service & leasing — accumulated goodwill impairment loss compare across companies?
Peers in industrial services typically report this as part of their segment-level asset impairment disclosures, often compared against total segment assets.