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Global Gas (Global Gas) Total Assets : $0.01 Mil (As of Mar. 2023)


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What is Global Gas Total Assets?

Global Gas's Total Assets for the quarter that ended in Mar. 2023 was $0.01 Mil.

Total Assets is connected with ROA %. Global Gas's annualized ROA % for the quarter that ended in Mar. 2023 was %. Total Assets is also linked to Revenue through Asset Turnover. Global Gas's Asset Turnover for the quarter that ended in Mar. 2023 was .


Global Gas Total Assets Historical Data

The historical data trend for Global Gas's Total 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 Total Assets Chart

Global Gas Annual Data
Trend Dec23
Total Assets
1.18

Global Gas Semi-Annual Data
Mar23
Total Assets 0.01

Global Gas Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Global Gas's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-0.735+1.919
=1.18

Global Gas's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=0.012+0.001
=0.01

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Global Gas's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Mar. 2023 ))/ count )
=/( (+)/ )
=/
= %

Note: The Net Income data used here is one times the annual (Mar. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Global Gas's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Mar. 2023 ))/ count )
=/( (+)/ )
=/
=

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Global Gas Total 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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