Globalstar, Inc. financial data

Symbol
GSAT on NYSE
Industry
Communications Services, NEC
Location
1351 Holiday Square Blvd.,, Covington,, Louisiana
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 81.1 % +81%
Quick Ratio 7.74 % +14.2%
Return On Equity -9.47 % +89.3%
Return On Assets -3.84 % +86.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 700 M USD -12.5%
Weighted Average Number of Shares Outstanding, Basic 1.88 B shares +3.91%
Weighted Average Number of Shares Outstanding, Diluted 1.88 B shares +3.91%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 222 M USD +27.1%
Research and Development Expense 1.4 M USD +180%
Costs and Expenses 234 M USD -37.6%
Operating Income (Loss) -12.1 M USD +94%
Nonoperating Income (Expense) -21.3 M USD +46.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -33.3 M USD +86.1%
Income Tax Expense (Benefit) 1.09 M USD +3097%
Net Income (Loss) Attributable to Parent -34.4 M USD +85.6%
Earnings Per Share, Basic -0.03 USD/shares +76.9%
Earnings Per Share, Diluted -0.03 USD/shares +76.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 59.3 M USD +189%
Accounts Receivable, after Allowance for Credit Loss, Current 42.8 M USD +52.9%
Inventory, Net 14.4 M USD +42.7%
Assets, Current 136 M USD +87%
Property, Plant and Equipment, Net 626 M USD +10.8%
Operating Lease, Right-of-Use Asset 33.6 M USD -0.03%
Intangible Assets, Net (Excluding Goodwill) 60.7 M USD +99.5%
Goodwill 30.6 M USD
Other Assets, Noncurrent 3.7 M USD +37.4%
Assets 917 M USD +8.58%
Accounts Payable, Current 2.03 M USD -47.3%
Accrued Liabilities, Current 27 M USD +19.5%
Contract with Customer, Liability, Current 53.8 M USD -33.5%
Liabilities, Current 136 M USD -16.6%
Contract with Customer, Liability, Noncurrent 1.54 M USD -99%
Deferred Income Tax Liabilities, Net 329 K USD +2.17%
Operating Lease, Liability, Noncurrent 28.5 M USD -1.01%
Other Liabilities, Noncurrent 10.1 M USD +160%
Accumulated Other Comprehensive Income (Loss), Net of Tax 7.46 M USD -4.48%
Retained Earnings (Accumulated Deficit) -2.08 B USD -1.69%
Stockholders' Equity Attributable to Parent 377 M USD +21.7%
Liabilities and Equity 917 M USD +8.58%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 29.8 M USD +30.8%
Net Cash Provided by (Used in) Financing Activities 27.1 M USD -27%
Net Cash Provided by (Used in) Investing Activities -54.2 M USD +24.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.54 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 59.3 M USD +189%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.69 M USD -11.4%
Deferred Tax Assets, Valuation Allowance 438 M USD +0.27%
Deferred Tax Assets, Gross 438 M USD +0.27%
Operating Lease, Liability 32.2 M USD +6.14%
Depreciation 87.2 M USD +2.03%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -34.8 M USD +85.1%
Lessee, Operating Lease, Liability, to be Paid 47.2 M USD +12.6%
Property, Plant and Equipment, Gross 1.66 B USD +8.42%
Operating Lease, Liability, Current 3 M USD +9.36%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.67 M USD +18.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.64 M USD +14.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) 33 K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15 M USD +29.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.71 M USD +18.7%
Deferred Tax Assets, Operating Loss Carryforwards 467 M USD -2.63%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 1.09 M USD +1393%
Preferred Stock, Shares Authorized 99.7 M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.59 M USD +15%
Operating Lease, Payments 5.85 M USD +10.5%
Additional Paid in Capital 2.45 B USD +4.35%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 240 K USD +193%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 1.4 M USD +16.7%
Share-based Payment Arrangement, Expense 9.23 M USD +145%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%