Global Gas Corporation Tangible Net Worth Ratio
Global Gas Corporation tangible net worth ratio. Global Gas Corporation (HGAS) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($264.02 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See HGAS equity financing ratio to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Global Gas Corporation (2020–2022)
Tangible net worth ratio of Global Gas Corporation from 2020 to 2022. This chart shows how Global Gas Corporation's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of December 2024, the ratio stands at 100.0%, reflecting net assets of $264.02 Million with intangible assets of $0.00 USD. See HGAS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Global Gas Corporation Tangible Net Worth Ratio by Year (2020–2022)
Global Gas Corporation tangible net worth ratio by year from 2020 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Global Gas Corporation from 2020 to 2022, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Global Gas Corporation (HGAS) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | $9.82 Million | $0.00 | $14.72 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $158.19 Million | $0.00 | $172.75 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $152.64 Million | $0.00 | $173.77 Million | — |