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Globalstar (GSAT)

(Delayed Data from AMEX)

$1.72 USD

1.72
4,484,978

+0.03 (1.78%)

Updated Feb 20, 2024 04:00 PM ET

After-Market: $1.72 0.00 (0.00%) 6:28 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.18%
2Buy17.85%
3Hold9.34%
4Sell5.12%
5Strong Sell2.62%
S&P50010.88%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value C Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 11% (223 out of 250)

Industry: Satellite and Communication

Better trading starts here.

Balance Sheet

Research for GSAT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Globalstar, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents -99,999 32 14 17 8
Receivables NA 26 21 22 22
Notes Receivable NA 0 0 0 0
Inventories NA 9 14 14 16
Other Current Assets NA 14 20 16 17
Total Current Assets NA 81 69 68 63
Net Property & Equipment NA 560 672 716 800
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 38 41 38 36
Deposits & Other Assets NA 123 0 51 51
Total Assets NA 833 814 888 966
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable NA 0 0 0 0
Accounts Payable NA 4 6 3 8
Current Portion Long-Term Debt NA 0 0 59 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 58 29 26 25
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 135 26 27 30
Total Current Liabilities NA 197 62 114 63
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 158 112 3 5
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 132 238 327 464
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 4 8 7 11
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 519 449 465 558
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 2,346 2,147 2,097 1,970
Retained Earnings NA -2,040 -1,783 -1,671 -1,559
Other Equity NA 9 2 -3 -3
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 315 365 423 407
Total Liabilities & Shareholder's Equity NA 833 814 888 966
Total Common Equity 0 315 365 423 407
Shares Outstanding 1,900.00 1,801.00 1,793.00 1,670.40 1,451.60
Book Value Per Share 0.00 0.17 0.20 0.25 0.28

Fiscal Year End for Globalstar, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022
Assets          
Cash & Equivalents -99,999 64 65 20 32
Receivables NA 43 30 28 26
Notes Receivable NA 0 0 0 0
Inventories NA 12 11 10 9
Other Current Assets NA 24 15 14 14
Total Current Assets NA 144 121 73 81
Net Property & Equipment NA 613 606 564 560
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 106 49 39 38
Deposits & Other Assets NA 14 24 135 123
Total Assets NA 911 832 845 833
Liabilities & Shareholders Equity 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022
Notes Payable NA 0 0 0 0
Accounts Payable NA 4 3 11 4
Current Portion Long-Term Debt NA 32 30 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 91 84 71 58
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 58 57 81 135
Total Current Liabilities NA 185 174 163 197
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 2 5 157 158
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 307 307 182 132
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 4 4 4
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 527 517 535 519
Shareholders Equity 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 2,424 2,352 2,346 2,346
Retained Earnings NA -2,050 -2,044 -2,044 -2,040
Other Equity NA 9 7 8 9
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 383 315 310 315
Total Liabilities & Shareholder's Equity NA 911 832 845 833
Total Common Equity 0 383 315 310 315
Shares Outstanding 1,900.00 1,900.00 1,813.10 1,811.00 1,801.00
Book Value Per Share 0.00 0.20 0.17 0.17 0.17