Global Gas Corporation (HGAS) - Net Assets
Based on the latest financial reports, Global Gas Corporation (HGAS) has net assets worth $-296.33 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($55.39 Million) and total liabilities ($351.72 Million). 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. Check HGAS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-296.33 Million |
| % of Total Assets | -535.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | -287.32% |
| 10-Year Change | N/A |
| Growth Volatility | 49.47 |
Global Gas Corporation - Net Assets Trend (2020–2025)
This chart illustrates how Global Gas Corporation's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Global Gas Corporation for the complete picture of this company's asset base.
Annual Net Assets for Global Gas Corporation (2020–2025)
The table below shows the annual net assets of Global Gas Corporation from 2020 to 2025. For live valuation and market cap data, see market cap of Global Gas Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-296.33 Million | -66358.10% |
| 2024-12-31 | $-445.89K | +39.31% |
| 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 40261374000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $748.00K | % |
| Other Components | $125.39 Million | % |
| Total Equity | $-296.33 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 |
|---|---|
|
Hemogenyx Pharmaceuticals PLC
LSE:HEMO
|
$450.09K |
|
EPWK Holdings Ltd. Class A
NASDAQ:EPWKF
|
$450.16K |
|
Aberdeen Diversified Income and Growth Trust PLC
LSE:ADIG
|
$450.86K |
|
CELLECTAR NEW22 DL-00001
F:NV4
|
$451.63K |
|
Henderson Diversified Income Trust PLC
LSE:HDIV
|
$448.16K |
|
Corcel PLC
LSE:CRCL
|
$445.52K |
|
Churchill China plc
LSE:CHH
|
$444.92K |
|
System1 Group PLC
LSE:SYS1
|
$444.64K |
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 2024 to 2025, total equity changed from -445,890,000 to -296,330,000, a change of 149,560,000.
- Net income of 24,336 contributed positively to equity growth.
- Other factors increased equity by 149,535,664.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.34K | +0.01% |
| Other Changes | $149.54 Million | +50.46% |
| 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 | $0.06 | x |
| 2021-12-31 | $7.34 | $0.06 | x |
| 2022-12-31 | $0.75 | $0.06 | x |
| 2023-12-31 | $-0.16 | $0.06 | x |
| 2024-12-31 | $-81.03 | $0.06 | x |
| 2025-12-31 | $-43.27 | $0.06 | 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: 73.72%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (11.47%), 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 |
| 2025 | 0.00% | 73.72% | 0.00x | 0.00x | $29.66 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: $2,451,508,320
- Average return on equity (ROE) among peers: 4.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Gas Corporation (HGAS) | $-296.33 Million | -1.50% | N/A | $448.70K |
| Albemarle Corp (ALB) | $517.34 Million | 15.46% | 0.72x | $20.24 Billion |
| Alto Ingredients Inc (ALTO) | $-57.80 Million | 0.00% | 0.00x | $212.84 Million |
| Aemetis Inc (AMTX) | $-154.37 Million | 0.00% | 0.00x | $182.25 Million |
| Air Products and Chemicals Inc (APD) | $17.35 Billion | -2.27% | 1.37x | $62.29 Billion |
| Ashland Global Holdings Inc (ASH) | $1.45 Billion | 9.77% | 2.82x | $2.62 Billion |
| Avient Corp (AVNT) | $2.34 Billion | 3.24% | 1.55x | $3.15 Billion |
| Axalta Coating Systems Ltd (AXTA) | $1.77 Billion | 15.08% | 3.10x | $6.23 Billion |
| Balchem Corporation (BCPC) | $1.26 Billion | 12.31% | 0.36x | $5.17 Billion |
| BioNexus Gene Lab Corp Common stock (BGLC) | $1.12 Million | -21.96% | 0.10x | $4.76 Million |
| Bon Natural Life Ltd (BON) | $35.98 Million | 12.77% | 0.29x | $7.73 Million |
About 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.