Global Gas Corporation (HGAS) — Working Capital to Net Assets Ratio
Global Gas Corporation (HGAS) has a Working Capital to Net Assets ratio of 95.3% as of March 2026. Working capital of $-299.78K (current assets of $8.14K minus current liabilities of $307.92K) is measured against net assets of $-314.61K. A higher ratio indicates strong short-term liquidity financed by the equity base. See HGAS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Global Gas Corporation Working Capital to Net Assets (2020–2025)
This chart shows how Global Gas Corporation's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 95.3%, reflecting working capital of $-299.78K against net assets of $-314.61K USD. For the complete balance sheet picture, see Global Gas Corporation (HGAS) total assets.
Annual Working Capital to Net Assets for Global Gas Corporation (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Global Gas Corporation from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Global Gas Corporation asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 94.5% | $-280.16 Million | $-296.33 Million | $55.39 Million | $335.55 Million | ▲ +0.6 pp |
| 2024 | 94.0% | $-418.94K | $-445.89K | $264.73K | $683.67K | ▲ +52.6 pp |
| 2023 | 41.3% | $-303.47K | $-734.67K | $1.18 Million | $1.49 Million | ▲ +61.8 pp |
| 2022 | -20.5% | $-2.01 Million | $9.82 Million | $2.75 Million | $4.76 Million | ▼ -19.4 pp |
| 2021 | -1.1% | $-1.71 Million | $158.19 Million | $208.61K | $1.92 Million | ▼ -1.6 pp |
| 2020 | 0.5% | $749.07K | $152.64 Million | $1.26 Million | $509.16K | — |