Globalstar Balance Sheet Health
Financial Health criteria checks 2/6
Globalstar has a total shareholder equity of $377.1M and total debt of $398.7M, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are $917.0M and $540.0M respectively.
Key information
105.7%
Debt to equity ratio
US$398.72m
Debt
Interest coverage ratio | n/a |
Cash | US$59.28m |
Equity | US$377.05m |
Total liabilities | US$539.95m |
Total assets | US$917.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P8S's short term assets ($136.0M) exceed its short term liabilities ($135.7M).
Long Term Liabilities: P8S's short term assets ($136.0M) do not cover its long term liabilities ($404.3M).
Debt to Equity History and Analysis
Debt Level: P8S's net debt to equity ratio (90%) is considered high.
Reducing Debt: P8S's debt to equity ratio has reduced from 122% to 105.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: P8S has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if P8S has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.