GSAT
Price:
$81.16
Market Cap:
$10.45B
Globalstar, Inc. operates globally, delivering a range of mobile satellite communication solutions. Its offerings encompass two-way voice and data satellite communication, available for both mobile and fixed applications. This includes providing connectivity and equipment crucial for remote business operations, recreational activities, safety protocols, and emergency response. They also supply stationary satellite communication equipment and services for industrial, commercial, and residential locations, including isolated communities and maritime vessels. Additionally, data modem services and associated hardware are a key part of their portfolio. Globalstar further extends its reach with co...[Read more]
Industry
Telecommunications Services
IPO Date
2006-11-02
Stock Exchange
NASDAQ
Ticker
GSAT
According to Globalstar, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.60. This represents a change of -31.50% compared to the average of 2.34 of the last 4 quarters.
The mean historical Current Ratio of Globalstar, Inc. over the last ten years is 1.14. The current 1.60 Current Ratio has changed 14.01% with respect to the historical average. Over the past ten years (40 quarters), GSAT's Current Ratio was at its highest in in the December 2024 quarter at 3.16. The Current Ratio was at its lowest in in the June 2017 quarter at 0.17.
Average
1.14
Median
0.83
Minimum
0.22
Maximum
3.16
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 = 290.08%
Maximum Annual Current Ratio = 3.16
Minimum Annual Increase = -63.15%
Minimum Annual Current Ratio = 0.22
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.42 | -23.58% |
| 2024 | 3.16 | 290.08% |
| 2023 | 0.81 | 96.72% |
| 2022 | 0.41 | -63.15% |
| 2021 | 1.12 | 86.56% |
| 2020 | 0.60 | -40.23% |
| 2019 | 1.00 | 30.76% |
| 2018 | 0.77 | -9.84% |
| 2017 | 0.85 | 284.82% |
| 2016 | 0.22 | -38.52% |
The current Current Ratio of Globalstar, Inc. (GSAT) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.13
5-year avg
1.58
10-year avg
1.14
Globalstar, Inc.’s Current Ratio is less than Turkcell Iletisim Hizmetleri A.S. (1.69), greater than Array Digital Infrastructure, Inc. (1.03), less than Telephone and Data Systems, Inc. (3.43), greater than PLDT Inc. (0.42), greater than Lumen Technologies, Inc. (0.99), greater than Madison Square Garden Sports Corp. (0.46), greater than Liberty Global plc (1.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.69 | $5.21B | |
| 1.03 | $3.51B | |
| 3.43 | $4.27B | |
| 0.42 | $3.79B | |
| 0.99 | $8.75B | |
| 0.46 | $9.26B | |
| 1.11 | $4.06B |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Globalstar, Inc. (GSAT)?
What is the 5-year average Current Ratio for Globalstar, Inc. (GSAT)?
How does the current Current Ratio for Globalstar, Inc. (GSAT) compare to its historical average?