Globalstar Accounts Payable from 2010 to 2024

GSAT Stock  USD 1.87  0.08  4.47%   
Globalstar Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 1.9 M in 2024. Accounts Payable is the amount Globalstar owes to suppliers or vendors for products or services received but not yet paid for. It represents Globalstar's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2004-12-31
Previous Quarter
25.6 M
Current Value
34.4 M
Quarterly Volatility
15.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globalstar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globalstar's main balance sheet or income statement drivers, such as Interest Expense of 13.9 M, Total Revenue of 235 M or Gross Profit of 162.1 M, as well as many indicators such as Price To Sales Ratio of 20.63, Dividend Yield of 0.0027 or PTB Ratio of 4.8. Globalstar financial statements analysis is a perfect complement when working with Globalstar Valuation or Volatility modules.
  
Check out the analysis of Globalstar Correlation against competitors.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.

Latest Globalstar's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Globalstar over the last few years. An accounting item on the balance sheet that represents Globalstar obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Globalstar are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Globalstar's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globalstar's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Globalstar Accounts Payable Regression Statistics

Arithmetic Mean10,711,377
Geometric Mean6,476,933
Coefficient Of Variation123.59
Mean Deviation8,798,116
Median6,922,000
Standard Deviation13,238,386
Sample Variance175.3T
Range46.4M
R-Value(0.58)
Mean Square Error126T
R-Squared0.33
Significance0.02
Slope(1,706,230)
Total Sum of Squares2453.6T

Globalstar Accounts Payable History

20241.9 M
2023M
20223.8 M
20216.2 M
20202.9 M
2019M
2018M

About Globalstar Financial Statements

Globalstar shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Globalstar investors may analyze each financial statement separately, they are all interrelated. The changes in Globalstar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Globalstar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts PayableM1.9 M

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Additional Tools for Globalstar Stock Analysis

When running Globalstar's price analysis, check to measure Globalstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.