HGAS (Global Gas) Debt-to-EBITDA : -0.24 (As of Dec. 2024)

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What is Global Gas Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Global Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.27 Mil. Global Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Global Gas's annualized EBITDA for the quarter that ended in Dec. 2024 was $-1.13 Mil. Global Gas's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.24.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Global Gas's Debt-to-EBITDA or its related term are showing as below:

HGAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.5 Med: -0.5 Max: -0.5
Current: -0.5

During the past 2 years, the highest Debt-to-EBITDA Ratio of Global Gas was -0.50. The lowest was -0.50. And the median was -0.50.

HGAS's Debt-to-EBITDA is ranked worse than
100% of 1194 companies
in the Chemicals industry
Industry Median: 2.375 vs HGAS: -0.50

Global Gas Debt-to-EBITDA Historical Data

The historical data trend for Global Gas's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Gas Debt-to-EBITDA Chart

Global Gas Annual Data

Trend

Dec23

Dec24

Debt-to-EBITDA

N/A

-0.50

Global Gas Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-0.89	-0.97	-0.57	-0.24

Competitive Comparison of Global Gas's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Global Gas's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Global Gas's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Gas's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Global Gas's Debt-to-EBITDA falls into.

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Global Gas Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Global Gas's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.274	+	0)	/	-0.552
	=	-0.50

Global Gas's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.274	+	0)	/	-1.132
	=	-0.24

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.

Global Gas (OTCPK:HGAS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Global Gas Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Global Gas's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Global Gas Corp (OTCPK:HGAS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Wall Street, Suite 436, New York, NY, USA, 10005

Website

https://www.globalgas.co

Global Gas Corp is a nascent pure-play hydrogen and carbon recovery project developer and industrial gas supplier that has commenced initial operations and is building a growing project development pipeline. It sells hydrogen, recovered CO2, and oxygen to offtake and merchant customers requiring gas for industrial and emerging hydrogen-as-an-energy-carrier use cases.

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