Globalstar, Inc. financial data

Symbol
GSAT on NYSE
Industry
Communications Services, NEC
Location
1351 Holiday Square Blvd.,, Covington,, LA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 97.1 % +66.5%
Quick Ratio 9.52 % +61.9%
Return On Equity -7.31 % -61.6%
Return On Assets -3.04 % -68.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 700M USD -12.5%
Weighted Average Number of Shares Outstanding, Basic 1.89B shares +3.05%
Weighted Average Number of Shares Outstanding, Diluted 1.91B shares +4.02%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 242M USD +13.6%
Costs and Expenses 250M USD +19.1%
Operating Income (Loss) -8.69M USD -447%
Nonoperating Income (Expense) -16.5M USD +4.67%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -25.2M USD -70.4%
Income Tax Expense (Benefit) 2.86M USD +1282%
Net Income (Loss) Attributable to Parent -28M USD -87.1%
Earnings Per Share, Basic -0.04 USD/shares -300%
Earnings Per Share, Diluted -0.04 USD/shares -300%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 51.9M USD -19.1%
Accounts Receivable, after Allowance for Credit Loss, Current 43M USD -0.46%
Inventory, Net 11.9M USD -2.62%
Assets, Current 127M USD -11.3%
Property, Plant and Equipment, Net 617M USD +0.68%
Operating Lease, Right-of-Use Asset 34.4M USD +0.27%
Intangible Assets, Net (Excluding Goodwill) 60.7M USD +99.5%
Goodwill 30.6M USD
Other Assets, Noncurrent 3.7M USD +37.4%
Assets 918M USD +0.76%
Accounts Payable, Current 2.03M USD -47.3%
Accrued Liabilities, Current 27M USD +19.5%
Contract with Customer, Liability, Current 46.5M USD -19.9%
Liabilities, Current 117M USD -36.7%
Contract with Customer, Liability, Noncurrent 1.45M USD -28.4%
Deferred Income Tax Liabilities, Net 329K USD +2.17%
Operating Lease, Liability, Noncurrent 28.6M USD -3.29%
Other Liabilities, Noncurrent 18.3M USD +367%
Accumulated Other Comprehensive Income (Loss), Net of Tax 5.55M USD -38.4%
Retained Earnings (Accumulated Deficit) -2.08B USD -1.37%
Stockholders' Equity Attributable to Parent 394M USD +2.8%
Liabilities and Equity 918M USD +0.76%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 29.8M USD +30.8%
Net Cash Provided by (Used in) Financing Activities 27.1M USD -27%
Net Cash Provided by (Used in) Investing Activities -54.2M USD +24.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.54M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 51.9M USD -19.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.69M USD -11.4%
Deferred Tax Assets, Valuation Allowance 438M USD +0.27%
Deferred Tax Assets, Gross 438M USD +0.27%
Operating Lease, Liability 32.2M USD +6.14%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -31.5M USD -48.6%
Lessee, Operating Lease, Liability, to be Paid 47.2M USD +12.6%
Property, Plant and Equipment, Gross 1.68B USD +4.5%
Operating Lease, Liability, Current 3M USD +9.36%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.67M USD +18.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.64M USD +14.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15M USD +29.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.71M USD +18.7%
Deferred Tax Assets, Operating Loss Carryforwards 467M USD -2.63%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 99.7M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.59M USD +15%
Operating Lease, Payments 1.71M USD +26.2%
Additional Paid in Capital 2.47B USD +1.74%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 38.5M USD +89.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%