Global Gas Corporation
Global Gas Corporation develops and supplies industrial gas for private and publicly-funded hydrogen development and carbon recovery projects. The company is headquartered in New York.
Global Gas Corporation (HGAS) - Net Assets
Latest net assets as of September 2025: $-342.51K USD
Based on the latest financial reports, Global Gas Corporation (HGAS) has net assets worth $-342.51K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.99K) and total liabilities ($401.50K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-342.51K |
| % of Total Assets | -580.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 49.47 |
Global Gas Corporation - Net Assets Trend (2020–2024)
This chart illustrates how Global Gas Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Gas Corporation (2020–2024)
The table below shows the annual net assets of Global Gas Corporation from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-445.89 Million | -60592.56% |
| 2023-12-31 | $-734.67K | -107.48% |
| 2022-12-31 | $9.82 Million | -93.79% |
| 2021-12-31 | $158.19 Million | +3.63% |
| 2020-12-31 | $152.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Gas Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 42694974000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $918.00K | % |
| Total Equity | $-445.89 Million | 100.00% |
Global Gas Corporation Competitors by Market Cap
The table below lists competitors of Global Gas Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JP PETROLEUM EXPLO
BE:JP9
|
$80.50K |
|
TERENTIUS SE INH. O.N.
DU:9MQ
|
$80.50K |
|
Pulmuone Co. Ltd.
KQ:017810
|
$80.81K |
|
Enity Holding AB
F:II6
|
$80.89K |
|
Italy Innovazioni SpA
PA:MLITN
|
$80.32K |
|
HARMONIC
MU:HMC
|
$80.31K |
|
XD INC. DL-0001
F:3OE
|
$80.28K |
|
CLARIANT N
MU:CLRN
|
$80.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Gas Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -734,670 to -445,890,000, a change of -445,155,330.
- Net loss of 130,700 reduced equity.
- Other comprehensive income increased equity by 2,608,141.
- Other factors decreased equity by 447,632,771.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-130.70K | -0.03% |
| Other Comprehensive Income | $2.61 Million | +0.58% |
| Other Changes | $-447.63 Million | -100.39% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Global Gas Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $7.08 | $0.03 | x |
| 2021-12-31 | $7.34 | $0.03 | x |
| 2022-12-31 | $0.75 | $0.03 | x |
| 2023-12-31 | $-0.16 | $0.03 | x |
| 2024-12-31 | $-81.03 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Gas Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (13.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -1.50% | 0.00% | 0.00x | 1.14x | $-17.55 Million |
| 2021 | 3.51% | 0.00% | 0.00x | 1.09x | $-10.27 Million |
| 2022 | 66.81% | 0.00% | 0.00x | 1.50x | $5.58 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-226.71K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $44.46 Million |
Industry Comparison
This section compares Global Gas Corporation's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Gas Corporation (HGAS) | $-342.51K | -1.50% | N/A | $80.32K |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |