Globalstar, Inc.

Globalstar, Inc.verified

GSAT

Price:

$1.25

Market Cap:

$2.38B

Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft...[Read more]

Industry

Telecommunications Services

IPO Date

2006-11-02

Stock Exchange

AMEX

Ticker

GSAT

The Current Ratio as of September 2024 (TTM) for Globalstar, Inc. (GSAT) is 1.04

According to Globalstar, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.04. This represents a change of 14.64% compared to the average of 0.91 of the last 4 quarters.

Globalstar, Inc. (GSAT) Historical Current Ratio (quarterly & annually)

How has GSAT Current Ratio performed in the past?

The mean historical Current Ratio of Globalstar, Inc. over the last ten years is 0.67. The current 1.04 Current Ratio has changed 15.42% with respect to the historical average. Over the past ten years (40 quarters), GSAT's Current Ratio was at its highest in in the June 2021 quarter at 1.19. The Current Ratio was at its lowest in in the June 2017 quarter at 0.17.

Quarterly (TTM)
Annual

Average

0.67

Median

0.68

Minimum

0.22

Maximum

1.12

Globalstar, Inc. (GSAT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Globalstar, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 284.82%

Maximum Annual Current Ratio = 1.12

Minimum Annual Increase = -63.15%

Minimum Annual Current Ratio = 0.22

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.8196.72%
20220.41-63.15%
20211.1286.56%
20200.60-40.23%
20191.0030.76%
20180.77-9.84%
20170.85284.82%
20160.22-38.52%
20150.36-36.41%
20140.57-2.67%

Globalstar, Inc. (GSAT) Average Current Ratio

How has GSAT Current Ratio performed in the past?

The current Current Ratio of Globalstar, Inc. (GSAT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.78

5-year avg

0.79

10-year avg

0.67

Globalstar, Inc. (GSAT) Current Ratio vs. Peers

How is GSAT’s Current Ratio compared to its peers?

Globalstar, Inc.’s Current Ratio is less than AST SpaceMobile, Inc. (6.38), less than Iridium Communications Inc. (2.25), greater than DISH Network Corporation (0.54), greater than Lumen Technologies, Inc. (0.95), less than InterDigital, Inc. (1.51), less than Cogent Communications Holdings, Inc. (2.20), less than Cable One, Inc. (1.78), greater than Orange S.A. (0.93), greater than T-Mobile US, Inc. (0.84), greater than Verizon Communications Inc. (0.63), greater than AT&T Inc. (0.58), greater than Comcast Corporation (0.66), greater than Vodafone Group Public Limited Company (0.83), greater than QualTek Services Inc. (0.33), greater than Charge Enterprises, Inc. (0.94), less than KORE Group Holdings, Inc. (1.36), greater than Consolidated Communications Holdings, Inc. (0.72), less than Grupo Televisa, S.A.B. (2.31),

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