Globalstar Financials

GSAT Stock  USD 1.95  0.05  2.63%   
Based on the analysis of Globalstar's profitability, liquidity, and operating efficiency, Globalstar is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Globalstar's Cash is comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 59.6 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 41 M in 2024. Key indicators impacting Globalstar's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.170.811
Way Up
Pretty Stable
The financial analysis of Globalstar is a critical element in measuring its lifeblood. Investors should not minimize Globalstar's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(25.95 Million)

  
Understanding current and past Globalstar Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Globalstar's financial statements are interrelated, with each one affecting the others. For example, an increase in Globalstar's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Globalstar's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Globalstar. Check Globalstar's Beneish M Score to see the likelihood of Globalstar's management manipulating its earnings.

Globalstar Stock Summary

Globalstar competes with Iridium Communications, Lumen Technologies, InterDigital, Cogent Communications, and Cable One. Globalstar, Inc. provides mobile satellite services worldwide. The company was founded in 1993 and is headquartered in Covington, Louisiana. Globalstar operates under Telecom Services classification in the United States and is traded on AMEX Exchange. It employs 329 people.
Specialization
Communication Services, Telecommunication Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS3789734080
CUSIP378973408
LocationLouisiana; U.S.A
Business Address1351 Holiday Square
SectorDiversified Telecommunication Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.globalstar.com
Phone985 335 1500
CurrencyUSD - US Dollar

Globalstar Key Financial Ratios

Globalstar Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets965.6M888.1M814.1M833.4M924.3M942.2M
Other Assets59.2M65.5M8.9M129.4M116.4M76.1M
Total Liab558.2M465.0M448.7M518.6M545.3M792.8M
Net Debt473.0M387.1M255.4M130.4M335.8M527.2M
Cash7.6M13.3M14.3M32.1M56.7M59.6M
Total Current Assets63.3M68.5M68.9M81.2M142.7M94.1M
Other Current Liab23.5M20.5M22.8M53.0M77.0M41.0M
Other Liab16.2M10.5M119.9M161.7M186.0M148.6M
Accounts Payable8.0M2.9M6.2M3.8M2.0M1.9M
Long Term Debt464.2M326.6M237.9M132.1M325.7M382.1M
Net Receivables21.8M22.1M21.2M26.3M48.7M51.2M
Inventory16.3M13.7M13.8M9.3M14.6M21.1M
Other Current Assets17.6M19.3M39.1M13.6M22.6M25.8M
Short Term Debt1.6M60.2M2.5M62.3M37.6M68.0M
Retained Earnings(1.6B)(1.7B)(1.8B)(2.0B)(2.1B)(2.0B)
Common Stock146K167K180K181K188K104.1K
Intangible Assets6.9M27.5M31.0M30.5M60.7M63.7M
Net Tangible Assets371.7M384.8M324.4M276.3M248.7M233.8M
Long Term Debt Total464.2M326.6M237.9M132.1M118.9M113.0M
Capital Surpluse2.0B2.1B2.1B2.3B2.7B1.8B

Globalstar Key Income Statement Accounts

The reason investors look at the income statement is to determine what Globalstar's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense62.5M48.4M43.5M375.0M14.6M13.9M
Total Revenue131.7M128.5M124.3M148.5M223.8M235.0M
Gross Profit78.1M79.8M72.3M83.5M154.3M162.1M
Operating Income(62.9M)(60.5M)(60.8M)118.1M(165K)(173.3K)
Ebit(62.9M)(60.5M)(70.0M)(59.3M)3.1M3.3M
Ebitda(111.2M)38.1M31.0M37.6M91.3M95.9M
Income Before Tax15.9M(109.0M)(112.9M)(256.8M)(23.6M)(24.8M)
Net Income15.3M(109.6M)(112.6M)(256.9M)(24.7M)(26.0M)
Income Tax Expense545K662K(299K)73K1.1M1.2M
Cost Of Revenue53.6M48.7M52.0M65.0M69.5M57.6M
Research Development3.8M1.5M3.2M1M1.4M1.6M
Non Recurring1.1M416K242K166.5M191.5M201.1M
Tax Provision545K662K(299K)73K207K217.4K
Net Interest Income(62.5M)(48.4M)(43.5M)(30.2M)(16.9M)(17.8M)

Globalstar Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.7M)2.2M(80K)(2.4M)(4.2M)(4.4M)
Change In Cash(16.4M)8.9M(53.7M)17.8M24.7M25.9M
Free Cash Flow(5.1M)15.0M86.3M23.8M(101.3M)(106.3M)
Depreciation95.8M96.8M96.2M93.9M88.2M68.1M
Other Non Cash Items35.6M36.6M37.5M209.6M24.4M38.7M
Capital Expenditures8.1M7.2M45.5M40.0M175.6M184.4M
Net Income15.3M(109.6M)(112.6M)(256.9M)(24.7M)(26.0M)
End Period Cash Flow59.1M68.0M14.3M32.1M56.7M38.7M
Investments(11.5M)(14.5M)(45.2M)(40.0M)(157.0M)(149.2M)
Change Receivables(4.3M)(8.5M)1.4M(1.0M)(908.1K)(953.5K)
Net Borrowings(12.2M)526K(187.3M)(7.0M)(6.3M)(6.6M)
Change To Netincome(137.2M)8.2M10.6M15.3M13.8M13.1M

Globalstar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Globalstar's current stock value. Our valuation model uses many indicators to compare Globalstar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Globalstar competition to find correlations between indicators driving Globalstar's intrinsic value. More Info.
Globalstar is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Globalstar's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Globalstar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Globalstar Systematic Risk

Globalstar's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Globalstar volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Globalstar correlated with the market. If Beta is less than 0 Globalstar generally moves in the opposite direction as compared to the market. If Globalstar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Globalstar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Globalstar is generally in the same direction as the market. If Beta > 1 Globalstar moves generally in the same direction as, but more than the movement of the benchmark.

Globalstar Thematic Clasifications

Globalstar is part of several thematic ideas from Communication to Hedge Favorites. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Globalstar Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Globalstar's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Globalstar growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.75

At this time, Globalstar's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Globalstar December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Globalstar help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Globalstar. We use our internally-developed statistical techniques to arrive at the intrinsic value of Globalstar based on widely used predictive technical indicators. In general, we focus on analyzing Globalstar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Globalstar's daily price indicators and compare them against related drivers.

Additional Tools for Globalstar Stock Analysis

When running Globalstar's price analysis, check to measure Globalstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.