Globalstar, Inc. Annual Return On Equity in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Globalstar, Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Globalstar, Inc. Return On Equity for the quarter ending September 30, 2024 was -7.31 %, a 61.6% decline year-over-year.
  • Globalstar, Inc. annual Return On Equity for 2023 was -7.13 %, a 92.2% increase from 2022.
  • Globalstar, Inc. annual Return On Equity for 2022 was -91 %, a 223% decline from 2021.
  • Globalstar, Inc. annual Return On Equity for 2021 was -28.2 %, a 18% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -7.13 +83.9 +92.2% Jan 1, 2023 Dec 31, 2023
2022 -91 -62.9 -223% Jan 1, 2022 Dec 31, 2022
2021 -28.2 -4.29 -18% Jan 1, 2021 Dec 31, 2021
2020 -23.9 -27.7 -724% Jan 1, 2020 Dec 31, 2020
2019 3.83 +5.55 Jan 1, 2019 Dec 31, 2019
2018 -1.72 +46.8 +96.5% Jan 1, 2018 Dec 31, 2018
2017 -48.5 +11.2 +18.7% Jan 1, 2017 Dec 31, 2017
2016 -59.7 -102 -241% Jan 1, 2016 Dec 31, 2016
2015 42.3 -822 -95.1% Jan 1, 2015 Dec 31, 2015
2014 864 +1.05K Jan 1, 2014 Dec 31, 2014
2013 -186 -164 -741% Jan 1, 2013 Dec 31, 2013
2012 -22.1 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.