Global Gas Corp
HGASOTCMaterials · Industrial Inorganic Chemicals · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $33,012 | — | — | — | — | — |
| Operating income | −$166,249 | −$551,983 | −$409,027 | — | — | — |
| Net income | $24,336 | −$130,700 | −$300,176 | $6.6M | $5.5M | −$2.3M |
| Total assets | $55,388 | $120,729 | $1.2M | $14.7M | $172.8M | $173.8M |
| Total liabilities | $351,718 | $566,619 | $1.9M | $4.9M | $14.6M | $21.1M |
| Equity | −$296,330 | −$445,890 | −$734,670 | −$2.0M | −$14.3M | −$19.9M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | — | — | — | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −503.6%
- Net margin
- 73.7%
- Return on equity
- −8.2%
- Return on assets
- 43.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 635.0%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -79.10distress
- Accruals / assets
- 158.1%high accruals
- Piotroski F-Score
- 2/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 4 warning● 0 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗May 18, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Mar 13, 2026 | 8 | 1.0 | 0.0% |
| Feb 27, 2026 | 8 | 1.0 | 0.0% |
| Feb 13, 2026 | 8 | 4.0 | 0.0% |
| Jan 30, 2026 | 8 | 1.0 | 0.0% |
| Jan 15, 2026 | 8 | 1.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Director / officer changeAug 20, 2025
- Entered a material agreement · New financial obligationDec 9, 2024
- Delisting / listing-standard noticeJun 24, 2024
- Director / officer changeJun 21, 2024
- Entered a material agreementMar 5, 2024
- Changed auditorFeb 12, 2024
- Entered a material agreementFeb 9, 2024
- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Changed auditor · Change in control · Director / officer change · Amended charter or bylaws · Item 5.05 · Item 5.06Dec 28, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QQUARTERLY REPORTMay 15, 2026
- 10-KANNUAL REPORTApr 15, 2026
- NT 10-KNOTIFICATION OF LATE FILINGApr 1, 2026
- SCHEDULE 13G/AFeb 12, 2026
- SCHEDULE 13G/ANov 14, 2025
- 10-QQUARTERLY REPORTNov 14, 2025
- 4Aug 20, 2025
- 4Aug 20, 2025
- 4Aug 20, 2025
- 4Aug 20, 2025
- 8-KCURRENT REPORTAug 20, 2025
- SCHEDULE 13G/AAug 14, 2025
- 10-QQUARTERLY REPORTAug 12, 2025
- 10-Q/AAMENDMENT NO. 1 TO FORM 10-QJun 5, 2025
- SCHEDULE 13G/AMay 15, 2025
Event-driven situations (3)
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