Global Gas (HGAS) Debt Ratio (2023 - 2026)
Global Gas' (HGAS) Debt Ratio stood at 18.39 in Q2 2026, up 561.0% from 2.78 a year earlier but down 48.7% from the prior quarter.
Analysis
Global Gas (HGAS) Debt Ratio (2023 - 2026) Analysis & Trends
For FY2025, Global Gas' Debt Ratio came in at 5.21, up 129.7% from FY2024.
- Across earlier years, Debt Ratio came in at 2.27 in FY2024 (+880.6%) and 0.23 in FY2023.
- Quarterly Debt Ratio has ranged from 0.00 in Q3 2023 to 35.87 in Q1 2026 over the past five years.
- On a year-over-year basis, Debt Ratio has increased for seven consecutive quarters, with growth averaging 569.1% over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at 35.87 (Q1 2026), 5.21 (Q4 2025) and 4.64 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 101.70 Bn | 99.89 Bn | 1.55 Bn | 0.22 |
| 2 | Ferrovial | 38.65 Bn | 19.25 Bn | - | 0.35 |
| 3 | Emcor | 34.80 Bn | 31.19 Bn | 1.02 Bn | - |
| 4 | Mastec | 17.34 Bn | 16.24 Bn | 556.28 Mn | 0.25 |
| 5 | Sterling Infrastructure | 16.37 Bn | 14.73 Bn | 289.96 Mn | 0.09 |
| 6 | Jacobs Solutions | 16.17 Bn | 10.82 Bn | 810.70 Mn | 0.30 |
| 7 | IES Holdings | 13.52 Bn | 12.39 Bn | 340.66 Mn | - |
| 8 | Dycom Industries | 8.20 Bn | 7.33 Bn | - | 0.47 |
| 9 | Stantec | 7.70 Bn | 7.70 Bn | - | 0.04 |
| 10 | Global Gas | 918,702.31 | 815,271.31 | - | 18.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.39 |
| Mar 31, 2026 | 35.87 |
| Dec 31, 2025 | 5.21 |
| Sep 30, 2025 | 4.64 |
| Jun 30, 2025 | 2.78 |
| Mar 31, 2025 | 3.58 |
| Dec 31, 2024 | 2.27 |
| Sep 30, 2024 | 0.62 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.82 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.00 |
API Access
Global Gas Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=HGAS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HGAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HGAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();