Globalstar Non Current Liabilities Total vs Total Stockholder Equity Analysis

GSAT Stock  USD 1.75  0.07  3.85%   
Globalstar financial indicator trend analysis is much more than just examining Globalstar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globalstar is a good investment. Please check the relationship between Globalstar Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globalstar Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Globalstar's Non Current Liabilities Total and Total Stockholder Equity is -0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Globalstar, assuming nothing else is changed. The correlation between historical values of Globalstar's Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Globalstar are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Globalstar's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Globalstar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globalstar current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.At this time, Globalstar's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.46 in 2024, whereas Selling General Administrative is likely to drop slightly above 46.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue124.3M148.5M223.8M235.0M
Interest Expense43.5M375.0M38.5M62.9M

Globalstar fundamental ratios Correlations

0.6-0.52-0.320.28-0.36-0.46-0.46-0.26-0.26-0.430.280.220.420.480.97-0.250.690.970.390.69-0.330.660.210.360.37
0.6-0.910.510.91-0.96-0.97-0.970.120.12-0.960.490.320.280.190.730.350.260.750.380.440.220.310.230.720.17
-0.52-0.91-0.5-0.860.890.90.9-0.02-0.020.9-0.48-0.15-0.29-0.2-0.69-0.2-0.11-0.67-0.05-0.35-0.09-0.11-0.4-0.58-0.25
-0.320.51-0.50.8-0.69-0.64-0.650.490.49-0.60.190.23-0.22-0.05-0.140.67-0.6-0.090.11-0.070.69-0.46-0.080.45-0.31
0.280.91-0.860.8-0.95-0.96-0.960.340.34-0.910.430.380.070.220.450.56-0.150.490.320.30.47-0.060.120.7-0.05
-0.36-0.960.89-0.69-0.950.980.98-0.18-0.180.98-0.48-0.3-0.18-0.05-0.51-0.5-0.07-0.55-0.3-0.28-0.32-0.12-0.19-0.73-0.08
-0.46-0.970.9-0.64-0.960.981.0-0.16-0.160.95-0.43-0.42-0.16-0.26-0.61-0.49-0.06-0.64-0.39-0.38-0.27-0.11-0.15-0.76-0.04
-0.46-0.970.9-0.65-0.960.981.0-0.17-0.170.95-0.44-0.42-0.16-0.26-0.6-0.5-0.05-0.64-0.39-0.38-0.28-0.1-0.15-0.77-0.03
-0.260.12-0.020.490.34-0.18-0.16-0.171.0-0.180.520.370.02-0.01-0.230.51-0.35-0.2-0.02-0.210.86-0.160.170.28-0.1
-0.260.12-0.020.490.34-0.18-0.16-0.171.0-0.180.520.370.02-0.01-0.230.51-0.35-0.2-0.02-0.210.86-0.160.170.28-0.1
-0.43-0.960.9-0.6-0.910.980.950.95-0.18-0.18-0.59-0.33-0.39-0.02-0.56-0.47-0.17-0.58-0.25-0.18-0.3-0.23-0.33-0.73-0.28
0.280.49-0.480.190.43-0.48-0.43-0.440.520.52-0.590.280.63-0.10.280.330.20.25-0.15-0.190.370.330.810.440.56
0.220.32-0.150.230.38-0.3-0.42-0.420.370.37-0.330.280.240.510.20.63-0.10.270.530.050.280.04-0.070.60.01
0.420.28-0.29-0.220.07-0.18-0.16-0.160.020.02-0.390.630.24-0.130.380.010.460.33-0.16-0.34-0.050.530.670.240.97
0.480.19-0.2-0.050.22-0.05-0.26-0.26-0.01-0.01-0.02-0.10.51-0.130.48-0.01-0.150.50.360.59-0.11-0.09-0.180.29-0.22
0.970.73-0.69-0.140.45-0.51-0.61-0.6-0.23-0.23-0.560.280.20.380.48-0.20.590.990.360.71-0.250.580.210.420.33
-0.250.35-0.20.670.56-0.5-0.49-0.50.510.51-0.470.330.630.01-0.01-0.2-0.35-0.130.34-0.250.51-0.35-0.010.55-0.18
0.690.26-0.11-0.6-0.15-0.07-0.06-0.05-0.35-0.35-0.170.2-0.10.46-0.150.59-0.350.580.210.28-0.410.880.180.180.47
0.970.75-0.67-0.090.49-0.55-0.64-0.64-0.2-0.2-0.580.250.270.330.50.99-0.130.580.470.74-0.20.580.120.470.27
0.390.38-0.050.110.32-0.3-0.39-0.39-0.02-0.02-0.25-0.150.53-0.160.360.360.340.210.470.520.080.29-0.450.33-0.32
0.690.44-0.35-0.070.3-0.28-0.38-0.38-0.21-0.21-0.18-0.190.05-0.340.590.71-0.250.280.740.52-0.180.24-0.330.18-0.37
-0.330.22-0.090.690.47-0.32-0.27-0.280.860.86-0.30.370.28-0.05-0.11-0.250.51-0.41-0.20.08-0.18-0.14-0.040.33-0.15
0.660.31-0.11-0.46-0.06-0.12-0.11-0.1-0.16-0.16-0.230.330.040.53-0.090.58-0.350.880.580.290.24-0.140.220.220.52
0.210.23-0.4-0.080.12-0.19-0.15-0.150.170.17-0.330.81-0.070.67-0.180.21-0.010.180.12-0.45-0.33-0.040.220.020.71
0.360.72-0.580.450.7-0.73-0.76-0.770.280.28-0.730.440.60.240.290.420.550.180.470.330.180.330.220.020.07
0.370.17-0.25-0.31-0.05-0.08-0.04-0.03-0.1-0.1-0.280.560.010.97-0.220.33-0.180.470.27-0.32-0.37-0.150.520.710.07
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Globalstar Account Relationship Matchups

Globalstar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets965.6M888.1M814.1M833.4M924.3M942.2M
Total Stockholder Equity407.3M423.1M365.4M314.8M379.0M397.9M
Other Assets59.2M65.5M8.9M129.4M116.4M76.1M
Common Stock Shares Outstanding1.7B1.6B1.8B1.8B1.8B1.9B
Liabilities And Stockholders Equity965.6M888.1M814.1M833.4M924.3M942.2M
Other Stockholder Equity2.0B2.1B2.1B2.3B2.4B2.6B
Total Liab558.2M465.0M448.7M518.6M545.3M792.8M
Short Long Term Debt Total480.6M400.5M269.7M162.5M392.5M545.9M
Net Debt473.0M387.1M255.4M130.4M335.8M527.2M
Cash7.6M13.3M14.3M32.1M56.7M59.6M
Cash And Short Term Investments7.6M13.3M14.3M32.1M56.7M59.6M
Non Current Liabilities Total495.2M350.8M387.1M321.5M369.4M600.0M
Total Current Assets63.3M68.5M68.9M81.2M142.7M94.1M
Other Current Liab23.5M25.2M26.9M115.8M82.6M45.3M
Total Current Liabilities63.1M114.2M61.6M197.1M175.9M153.0M
Other Liab16.2M10.5M119.9M161.7M186.0M148.6M
Property Plant And Equipment Net815.8M730.3M704.2M591.2M658.2M846.8M
Current Deferred Revenue29.9M26.0M25.9M74.6M53.7M29.0M
Accounts Payable8.0M2.9M6.2M3.8M2.0M1.9M
Non Current Assets Total902.3M819.6M745.2M752.2M781.7M938.0M
Non Currrent Assets Other79.6M61.8M10.1M130.5M53.7M71.6M
Long Term Debt464.2M326.6M237.9M132.1M325.7M382.1M
Net Receivables21.8M22.1M21.2M26.3M48.7M51.2M
Inventory16.3M13.7M13.8M9.3M14.6M21.1M
Other Current Assets17.6M19.3M19.6M13.6M22.6M24.8M
Property Plant And Equipment Gross815.8M730.3M1.6B1.5B1.7B1.0B
Accumulated Other Comprehensive Income(3.4M)(2.9M)1.9M9.2M5.1M5.3M
Short Term Debt1.6M60.2M2.5M2.7M37.6M47.0M
Property Plant Equipment799.9M715.9M672.2M560.4M644.4M848.4M
Retained Earnings(1.6B)(1.7B)(1.8B)(2.0B)(2.1B)(2.0B)
Common Stock Total Equity146K167K180K181K208.2K218.6K
Common Stock146K167K180K181K188K104.1K
Intangible Assets6.9M27.5M31.0M30.5M60.7M63.7M
Net Tangible Assets371.7M384.8M324.4M276.3M248.7M233.8M
Retained Earnings Total Equity(1.6B)(1.7B)(1.8B)(2.0B)(1.8B)(1.9B)
Long Term Debt Total464.2M326.6M237.9M132.1M118.9M113.0M
Capital Surpluse2.0B2.1B2.1B2.3B2.7B1.8B
Deferred Long Term Liab3.8M123K1.7M1.8M1.6M1.5M

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Additional Tools for Globalstar Stock Analysis

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