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


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What is Global Gas Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Global Gas's total current assets for the quarter that ended in Mar. 2023 was $0.01 Mil.


Global Gas Total Current Assets Historical Data

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

Global Gas Annual Data
Trend Dec23
Total Current Assets
1.18

Global Gas Semi-Annual Data
Mar23
Total Current Assets 0.01

Global Gas Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

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

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

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Global Gas  (NAS:HGAS) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Global Gas's Liquidation Value for the quarter that ended in Mar. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.013-0.001+0.75 * 0+0.5 * 0
=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 Total Current 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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