HGAS Global Gas Corp

Overview and Growth

In fiscal 2025, Global Gas Corp recorded $33.01K of revenue, net income of $24.34K, and an operating cash outflow of $63.23K. The $33.01K revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. At period end, total assets were $55.39K, framing the scale of the company’s operating and financing commitments. Asset turnover was 0.6x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The company recorded an operating loss of $166.25K after the reported operating expense base. An operating margin of -503.6% reflected costs exceeding revenue-level gross profit by 503.6% of sales. The bottom-line result was net income of $24.34K, after the operating, financing, tax, and other items recognized for the period. Net margin was 73.7%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $34.96K of earnings, providing a bridge between the operating result and final net income. The pretax margin was 105.9%, relating income before taxes directly to revenue. Income tax expense totaled $10.62K, providing the reported tax component that separates pretax and after-tax earnings. Relative to pretax income, the tax provision measured 30.4%, quantifying the portion of pre-tax earnings paid in income tax. The net-income-to-assets relationship measured 43.9%, showing earnings relative to the full balance sheet. Net income of $24.34K replaced the $130.70K loss reported in fiscal 2024.

Liquidity and Capital Structure

At period end, the $55.39K asset base was financed through $351.72K of liabilities and -$296.33K of equity. Equity was negative at -$296.33K, meaning liabilities exceeded the residual book value available to shareholders and weakening balance-sheet resilience. The near-term balance sheet paired $55.39K of current assets with $335.55K of current liabilities at the reporting date. The current ratio was 0.17x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. Reported cash and equivalents were $48.71K, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 14.5% of current liabilities, showing how much near-term coverage came from cash alone. Book equity represented -535.0% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 635.0%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 87.9%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 54.1% lower than fiscal 2024 assets of $120.73K, measuring the company’s own balance-sheet change. Cash and equivalents were 57.3% lower than fiscal 2024 cash of $114.15K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $63.23K, showing that operations absorbed cash during the period. The operating cash outflow narrowed to $63.23K from $1.34M in fiscal 2024.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.