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Global Gas (Global Gas) Liabilities-to-Assets : 0.08 (As of Mar. 2023)


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What is Global Gas Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Global Gas's Total Liabilities for the quarter that ended in Mar. 2023 was $0.00 Mil. Global Gas's Total Assets for the quarter that ended in Mar. 2023 was $0.01 Mil. Therefore, Global Gas's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 0.08.


Global Gas Liabilities-to-Assets Historical Data

The historical data trend for Global Gas's Liabilities-to-Assets 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.

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Global Gas Liabilities-to-Assets Chart

Global Gas Annual Data
Trend Dec23
Liabilities-to-Assets
1.62

Global Gas Semi-Annual Data
Mar23
Liabilities-to-Assets 0.08

Competitive Comparison of Global Gas's Liabilities-to-Assets

For the Specialty Chemicals subindustry, Global Gas's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Chemicals Industry

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

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



Global Gas Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Global Gas's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1.919/1.184
=1.62

Global Gas's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=0.001/0.013
=0.08

* 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  (NAS:HGAS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Global Gas Liabilities-to-Assets Related Terms

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Global Gas (Global Gas) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
700 S. Rosemary Avenue, Suite 204, West Palm Beach, FL, USA, 33401
Website
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.

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