Globalstar Return On Tangible Assets from 2010 to 2024

GSAT Stock  USD 1.77  0.06  3.51%   
Globalstar Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.03 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.03)
Current Value
(0.03)
Quarterly Volatility
0.32737545
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Globalstar over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Globalstar's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Globalstar Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.20)
Coefficient Of Variation(165.71)
Mean Deviation0.21
Median(0.08)
Standard Deviation0.33
Sample Variance0.11
Range1.3202
R-Value0.46
Mean Square Error0.09
R-Squared0.21
Significance0.09
Slope0.03
Total Sum of Squares1.50

Globalstar Return On Tangible Assets History

2024 -0.0319
2023 -0.0304
2022 -0.32
2021 -0.14
2020 -0.13
2019 0.016
2018 -0.006264

About Globalstar Financial Statements

Globalstar shareholders use historical fundamental indicators, such as Return On Tangible Assets, 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
Return On Tangible Assets(0.03)(0.03)

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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.