HGAS (Global Gas) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is Global Gas Interest Coverage?

Global Gas HGAS Interest Coverage is 0 (At Loss) as of Mar. 2026. Among 1,237 Chemicals companies, Global Gas ranks worse than 80840.66% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Global Gas's Operating Income for the three months ended in Mar. 2026 was $-0.02 Mil. Global Gas's Interest Expense for the three months ended in Mar. 2026 was $-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Global Gas's Interest Coverage or its related term are showing as below:


HGAS's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 10.26
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Global Gas  (OTCPK:HGAS) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Global Gas Interest Coverage Related Terms

Global Gas Interest Coverage Historical Data

* Premium members only.

The historical data trend for Global Gas's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Global Gas Interest Coverage Chart

Global Gas Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
No Debt No Debt 0.00

Global Gas Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 13.67 0.00

HGAS vs BSLK, ILDO, TSEOF: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Global Gas's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Gas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Global Gas's Interest Coverage falls into.


Global Gas Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Global Gas's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Global Gas's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global Gas did not have earnings to cover the interest expense.

Global Gas's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Global Gas's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global Gas did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Global Gas (HGAS) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Gas and its competitors. According to the industry distribution chart, Global Gas ranks #999999 out of 1237 companies in the Chemicals industry.
Is Global Gas' Interest Coverage too high?
Global Gas' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Global Gas ranks #999999 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Global Gas' Interest Coverage compare to BSLK and ILDO?
According to the Chemicals industry distribution chart, Global Gas ranks #999999 out of 1237 companies for Interest Coverage. This places Global Gas in the lower half of its industry. The industry median Interest Coverage is 10.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Gas and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Gas's current Interest Coverage is 0 (At Loss). 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 Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Global Gas (HGAS), the current Interest Coverage is 0 (At Loss) 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.