Globalstar Net Interest Income from 2010 to 2024

GSAT Stock  USD 1.87  0.08  4.47%   
Globalstar Net Interest Income yearly trend continues to be comparatively stable with very little volatility. Net Interest Income will likely drop to about -17.8 M in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
-3.6 M
Current Value
-2.9 M
Quarterly Volatility
4.9 M
 
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.
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Latest Globalstar's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Globalstar over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Globalstar's Net Interest Income 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.
Net Interest Income10 Years Trend
Pretty Stable
   Net Interest Income   
       Timeline  

Globalstar Net Interest Income Regression Statistics

Arithmetic Mean(36,621,317)
Coefficient Of Variation(30.06)
Mean Deviation6,874,098
Median(35,952,000)
Standard Deviation11,007,182
Sample Variance121.2T
Range45.5M
R-Value0.21
Mean Square Error124.9T
R-Squared0.04
Significance0.46
Slope507,249
Total Sum of Squares1696.2T

Globalstar Net Interest Income History

2024-17.8 M
2023-16.9 M
2022-30.2 M
2021-43.5 M
2020-48.4 M
2019-62.5 M
2018-43.6 M

About Globalstar Financial Statements

Globalstar shareholders use historical fundamental indicators, such as Net Interest Income, 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
Net Interest Income-16.9 M-17.8 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.