Globalstar Balance Sheet Health
Financial Health criteria checks 3/6
Globalstar has a total shareholder equity of $394.1M and total debt of $394.4M, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are $917.6M and $523.5M respectively.
Key information
100.1%
Debt to equity ratio
US$394.36m
Debt
| Interest coverage ratio | n/a |
| Cash | US$51.92m |
| Equity | US$394.09m |
| Total liabilities | US$523.47m |
| Total assets | US$917.56m |
Recent financial health updates
Globalstar (NYSEMKT:GSAT) Is Carrying A Fair Bit Of Debt
Apr 30
Here's Why Globalstar (NYSEMKT:GSAT) Can Afford Some Debt
Jan 10
Recent updates
Globalstar (NYSEMKT:GSAT) Is Carrying A Fair Bit Of Debt
Apr 30What Is The Ownership Structure Like For Globalstar, Inc. (NYSEMKT:GSAT)?
Mar 21Globalstar (NYSEMKT:GSAT) Shareholders Have Enjoyed A Whopping 463% Share Price Gain
Feb 14Here's Why Globalstar (NYSEMKT:GSAT) Can Afford Some Debt
Jan 10Could The Globalstar, Inc. (NYSEMKT:GSAT) Ownership Structure Tell Us Something Useful?
Dec 04Financial Position Analysis
Short Term Liabilities: GSAT's short term assets ($127.5M) exceed its short term liabilities ($116.9M).
Long Term Liabilities: GSAT's short term assets ($127.5M) do not cover its long term liabilities ($406.6M).
Debt to Equity History and Analysis
Debt Level: GSAT's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: GSAT's debt to equity ratio has reduced from 120.5% to 100.1% 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: GSAT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GSAT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.