Globalstar, Inc. (GSAT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 406.55M | 496.73M | 400.99M | 363.39M | 292.47M | 447.57M | 127.45M | 144.01M | 135.98M | 142.65M | 143.64M | 121M | 72.72M | 81.24M | 65.99M | 69.73M | 71.19M | 68.87M | 75M | 71.86M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 358.45M | 447.47M | 346.29M | 308.23M | 241.41M | 391.16M | 51.92M | 64.33M | 59.28M | 56.74M | 64.14M | 65.33M | 20.49M | 32.08M | 14.75M | 13.14M | 11.52M | 14.3M | 11.31M | 15.72M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 25.52 | 29.37 | 31.61 | 32.28 | 37.34 | 52.61 | 54.82 | 64.78 | 73.77 | 80.72 | 58.54 | 48.08 | 41.69 | 62.28 | 65.66 | 61.04 | 63.76 | 75.04 | 90.16 | 85.84 |
| Inventory | 10.08M | 9.61M | 11.43M | 11.48M | 10.16M | 10.74M | 11.88M | 13.11M | 14.41M | 14.58M | 12.2M | 10.66M | 10.1M | 9.26M | 8.56M | 15.89M | 14.27M | 13.83M | 12.54M | 11.81M |
| Days Inventory Outstanding | 20 | 35.29 | 22.27 | 44.05 | 45.51 | 47.34 | 52.96 | 62.04 | 69.73 | 68.04 | 60.67 | 52.74 | 54.01 | 56.43 | 48.23 | 99.38 | 94.65 | 90.5 | 81.08 | 87.49 |
| Other Current Assets | 18.26M | 19.67M | 17.3M | 18.91M | 18.04M | 18.71M | 20.64M | 23.42M | 19.46M | 22.58M | 24.09M | 14.82M | 14.13M | 13.57M | 0 | 1 | 20.15M | 0 | 1 | 0 |
| Total Non-Current Assets | 1.97B | 1.83B | 1.76B | 1.55B | 1.44B | 1.26B | 790.11M | 782.24M | 781.03M | 781.66M | 766.97M | 711.44M | 771.84M | 657.23M | 680.55M | 874.42M | 779.23M | 745.23M | 809.12M | 803.91M |
| Property, Plant & Equipment | 1.5B | 1.37B | 1.28B | 961.33M | 814.26M | 705.47M | 651.43M | 654.98M | 659.09M | 658.17M | 647.18M | 638.06M | 598.01M | 591.23M | 561.08M | 737.97M | 711.34M | 704.2M | 715.23M | 708.87M |
| Fixed Asset Turnover | 0.05x | 0.05x | 0.07x | 0.08x | 0.08x | 0.09x | 0.11x | 0.09x | 0.09x | 0.08x | 0.09x | 0.09x | 0.10x | 0.07x | 0.06x | 0.05x | 0.05x | 0.05x | 0.05x | 0.04x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 145.52M | 92.3M | 143.29M | 143.11M | 138.54M | 85.2M | 138.68M | 127.26M | 109.46M | 60.65M | 106.19M | 49.19M | 38.6M | 30.41M | 36.29M | 42.29M | 40.37M | 30.99M | 42.21M | 43.39M |
| Long-Term Investments | 111.86M | 127.34M | 120.77M | 117.18M | 110.85M | 118.98M | 0 | 0 | 0 | 9.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 2.38B | 2.33B | 2.16B | 1.91B | 1.73B | 1.71B | 917.56M | 926.25M | 917.01M | 924.31M | 910.61M | 832.44M | 844.55M | 738.47M | 746.54M | 944.15M | 850.43M | 814.11M | 884.12M | 875.77M |
| Asset Turnover | 0.03x | 0.03x | 0.04x | 0.04x | 0.03x | 0.05x | 0.08x | 0.07x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.06x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.03x |
| Asset Growth % | 37.49% | 36.02% | 135.66% | 106.12% | 88.56% | 85.03% | 0.76% | 11.27% | 8.58% | 25.17% | 21.98% | -11.83% | -0.69% | -9.29% | -15.56% | 7.81% | -6.88% | -8.33% | -2.9% | -5.17% |
| Total Current Liabilities | 253.51M | 205.49M | 158.38M | 129.24M | 129.05M | 141.49M | 116.85M | 138.34M | 135.68M | 175.91M | 184.66M | 173.78M | 162.69M | 197.08M | 146.94M | 139.98M | 103.68M | 61.56M | 81M | 60.62M |
| Accounts Payable | 72.59M | 56.02M | 45.2M | 39M | 31.71M | 4.98M | 34.42M | 25.64M | 28.27M | 2.03M | 3.63M | 3.02M | 10.75M | 3.84M | 2.01M | 2.96M | 7.99M | 6.25M | 10.1M | 7.99M |
| Days Payables Outstanding | 130.65 | 169.78 | 81.85 | 143.87 | 79.86 | 82.46 | 127.32 | 121.55 | 72.87 | 14.38 | 17.66 | 34.99 | 40.71 | 18.53 | 9.8 | 36.07 | 47.94 | 56.09 | 60.22 | 47.63 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 84.5M | 55.61M | 20.56M | 315K | 0 | 5.2M | 0 | 522K | 261K | 78.29M | 68.71M | 57.7M | 2.75M | 4.97M | 53.12M | 39.87M | 35.13M | 4.69M | 39.05M | 26.82M |
| Current Ratio | 1.60x | 2.42x | 2.53x | 2.81x | 2.27x | 3.16x | 1.09x | 1.04x | 1.00x | 0.81x | 0.78x | 0.70x | 0.45x | 0.41x | 0.45x | 0.50x | 0.69x | 1.12x | 0.93x | 1.19x |
| Quick Ratio | 1.56x | 2.37x | 2.46x | 2.72x | 2.19x | 3.09x | 0.99x | 0.95x | 0.90x | 0.73x | 0.71x | 0.63x | 0.38x | 0.37x | 0.39x | 0.38x | 0.55x | 0.89x | 0.77x | 0.99x |
| Cash Conversion Cycle | -85.12 | -105.12 | -27.97 | -67.55 | 2.99 | 17.5 | -19.54 | 5.27 | 70.63 | 134.38 | 101.55 | 65.82 | 54.99 | 100.19 | 104.09 | 124.34 | 110.46 | 109.44 | 111.02 | 125.7 |
| Total Non-Current Liabilities | 1.78B | 1.77B | 1.64B | 1.42B | 1.26B | 1.21B | 406.61M | 404.93M | 404.27M | 369.42M | 342.59M | 343.3M | 372.01M | 226.62M | 464.01M | 474.84M | 397.51M | 387.11M | 418M | 403.02M |
| Long-Term Debt | 432.16M | 451.95M | 485.08M | 468.8M | 471.99M | 476.82M | 359.76M | 358.52M | 364.12M | 325.7M | 307.13M | 306.79M | 182.24M | 132.12M | 262.18M | 257.45M | 246.76M | 237.93M | 286.88M | 313.42M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 2.03B | 1.97B | 1.8B | 1.55B | 1.38B | 1.35B | 523.47M | 543.27M | 539.95M | 545.33M | 527.25M | 517.07M | 534.7M | 423.7M | 610.96M | 614.82M | 501.19M | 448.68M | 498.99M | 463.64M |
| Total Debt | 528.88M | 538.34M | 572.29M | 542.91M | 536.96M | 541.93M | 422.91M | 421.88M | 427.22M | 392.55M | 368.85M | 364.31M | 211.03M | 222.07M | 354.29M | 360.61M | 275.29M | 269.67M | 319.88M | 341.42M |
| Net Debt | 170.43M | 90.87M | 226M | 234.69M | 295.55M | 150.76M | 371M | 357.54M | 367.94M | 335.8M | 304.72M | 298.97M | 190.54M | 189.99M | 339.54M | 347.47M | 263.77M | 255.37M | 308.57M | 325.69M |
| Debt / Equity | 1.54x | 1.51x | 1.57x | 1.50x | 1.56x | 1.51x | 1.07x | 1.10x | 1.13x | 1.04x | 0.96x | 1.16x | 0.68x | 0.71x | 2.61x | 1.09x | 0.79x | 0.74x | 0.83x | 0.83x |
| Debt / EBITDA | 19.86x | 26.75x | 17.90x | 18.62x | 38.98x | 29.64x | 13.35x | 20.39x | 24.57x | 39.68x | 15.44x | 14.86x | 7.25x | 17.89x | - | 28.23x | 27.34x | 31.05x | 34.18x | 43.58x |
| Net Debt / EBITDA | 6.40x | 4.52x | 7.07x | 8.05x | 21.45x | 8.25x | 11.71x | 17.28x | 21.16x | 33.95x | 12.76x | 12.20x | 6.54x | 15.31x | - | 27.20x | 26.19x | 29.40x | 32.97x | 41.57x |
| Interest Coverage | 0.42x | - | 1.20x | 0.83x | -0.18x | -1.30x | 3.37x | -0.39x | -1.16x | -1.56x | 0.52x | 0.52x | 3.54x | -1.59x | -2.72x | -1.51x | -1.44x | -1.59x | -1.27x | -1.49x |
| Total Equity | 342.82M | 355.73M | 364.82M | 360.88M | 344.34M | 358.88M | 394.09M | 382.98M | 377.05M | 378.98M | 383.37M | 315.37M | 309.85M | 314.77M | 135.58M | 329.33M | 349.23M | 365.43M | 385.13M | 412.13M |
| Equity Growth % | -0.44% | -0.88% | -7.43% | -5.77% | -8.68% | -5.3% | 2.8% | 21.44% | 21.69% | 20.4% | 182.76% | -4.24% | -11.28% | -13.86% | -64.8% | -20.09% | -19.85% | -13.62% | -13.76% | -12.4% |
| Book Value per Share | 2.67 | 2.80 | 2.88 | 2.82 | 2.72 | 2.84 | 2.06 | 2.03 | 2.00 | 2.02 | 2.09 | 1.74 | 1.71 | 1.74 | 0.75 | 1.83 | 1.94 | 2.04 | 2.15 | 2.30 |
| Total Shareholders' Equity | 342.82M | 355.73M | 364.82M | 360.88M | 344.34M | 358.88M | 394.09M | 382.98M | 377.05M | 378.98M | 383.37M | 315.37M | 309.85M | 314.77M | 135.58M | 329.33M | 349.23M | 365.43M | 385.13M | 412.13M |
| Common Stock | 13K | 13K | 13K | 13K | 13K | 13K | 189K | 189K | 188K | 188K | 188K | 181K | 181K | 181K | 180K | 180K | 180K | 180K | 179K | 179K |
| Retained Earnings | -2.15B | -2.14B | -2.13B | -2.13B | -2.15B | -2.13B | -2.08B | -2.09B | -2.08B | -2.06B | -2.05B | -2.04B | -2.04B | -2.04B | -2.03B | -1.83B | -1.8B | -1.78B | -1.76B | -1.73B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 5.33M | 3.29M | 4.04M | 3.03M | 10.61M | 13.45M | 5.55M | 9.33M | 7.46M | 5.07M | 9.01M | 6.51M | 7.81M | 9.24M | 15.21M | 6.53M | 1.21M | 1.89M | 325K | -2.86M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |