HGAS (Global Gas) Effective Interest Rate on Debt %: 4.13% (As of Mar. 2026)


What is Global Gas Effective Interest Rate on Debt %?

Global Gas HGAS Effective Interest Rate on Debt % is 4.13% as of Mar. 2026.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Global Gas's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $0.01 Mil. Global Gas's average total debt for the quarter that ended in Mar. 2026 was $0.29 Mil. Therefore, Global Gas's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.13%.

Global Gas  (OTCPK:HGAS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Global Gas Effective Interest Rate on Debt % Related Terms

Global Gas Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Global Gas's Effective Interest Rate on Debt % 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.

Global Gas Effective Interest Rate on Debt % Chart

Global Gas Annual Data
Trend Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
0.00 0.00 5.33

Global Gas Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.84 4.38 4.38 4.26 4.13

HGAS vs ILDO, TSEOF, BSLK: Effective Interest Rate on Debt % Comparison

For the Specialty Chemicals subindustry, Global Gas's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Gas's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Global Gas's Effective Interest Rate on Debt % falls into.


Global Gas Effective Interest Rate on Debt % Calculation

Global Gas's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -0.015/( (0.274+0.289)/ 2 )
=-1  *  -0.015/0.2815
=5.33 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.274
=0.274

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.289
=0.289

Global Gas's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -0.012/( (0.289+0.292)/ 2 )
=-1  *  -0.012/0.2905
=4.13 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.289
=0.289

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.292
=0.292

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.13% mean?
Global Gas (HGAS) has a Effective Interest Rate on Debt % of 4.13% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Global Gas and its competitors.
Is Global Gas' Effective Interest Rate on Debt % too high?
Global Gas' current Effective Interest Rate on Debt % is 4.13%.
How does Global Gas' Effective Interest Rate on Debt % compare to ILDO and TSEOF?
Global Gas' Effective Interest Rate on Debt % of 4.13% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Chemicals company?
A good Effective Interest Rate on Debt % depends on the Chemicals industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Global Gas and its competitors. Global Gas's current Effective Interest Rate on Debt % is 4.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Gas stock overvalued right now?
Global Gas (HGAS) has a current Effective Interest Rate on Debt % of 4.13%. The current Effective Interest Rate on Debt % is 4.13%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Global Gas (HGAS), the current Effective Interest Rate on Debt % is 4.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Global Gas Business Description

Address 700 S. Rosemary Avenue, Suite 204, West Palm Beach, FL, USA, 33401
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. The company sells hydrogen, recovered CO2, and oxygen to offtake and merchant customers requiring gas for industrial and emerging hydrogen as an energy-carrier market.