Globalstar Income Quality vs Roic Analysis

GSAT Stock

USD 1.79 0.02 1.13%

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 Income Quality and its Roic 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.

Income Quality vs Roic

Income Quality vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globalstar Income Quality account and Roic. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Globalstar's Income Quality and Roic is -0.2. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Roic in the same time period over historical financial statements of Globalstar, assuming nothing else is changed. The correlation between historical values of Globalstar's Income Quality and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Globalstar are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Income Quality i.e., Globalstar's Income Quality and Roic go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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 Revenue	124.3M	148.5M	223.8M	235.0M
Interest Expense	43.5M	375.0M	14.6M	13.9M

Total Revenue Interest Expense

Globalstar fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Net Debt	Cash	Cash And Short Term Investments	Non Current Liabilities Total	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt
Total Assets		0.6	-0.52	-0.32	0.28	-0.36	-0.46	-0.46	-0.26	-0.26	-0.43	0.28	0.46	0.42	0.48	0.97	-0.25	0.69	0.97	0.43	0.69	-0.33	0.66	0.16	0.36	0.35
Total Stockholder Equity	0.6		-0.91	0.51	0.91	-0.96	-0.97	-0.97	0.12	0.12	-0.96	0.49	0.33	0.28	0.19	0.73	0.35	0.26	0.75	0.33	0.44	0.22	0.31	0.24	0.72	0.19
Other Assets	-0.52	-0.91		-0.5	-0.86	0.89	0.9	0.9	-0.02	-0.02	0.9	-0.48	-0.23	-0.29	-0.2	-0.69	-0.2	-0.11	-0.67	-0.05	-0.35	-0.09	-0.11	-0.43	-0.58	-0.24
Common Stock Shares Outstanding	-0.32	0.51	-0.5		0.8	-0.69	-0.64	-0.65	0.49	0.49	-0.6	0.19	0.06	-0.22	-0.05	-0.14	0.67	-0.6	-0.09	-0.02	-0.07	0.69	-0.46	-0.02	0.45	-0.27
Other Stockholder Equity	0.28	0.91	-0.86	0.8		-0.95	-0.96	-0.96	0.34	0.34	-0.91	0.43	0.32	0.07	0.22	0.45	0.56	-0.15	0.49	0.23	0.3	0.47	-0.06	0.15	0.7	-0.03
Total Liab	-0.36	-0.96	0.89	-0.69	-0.95		0.98	0.98	-0.18	-0.18	0.98	-0.48	-0.23	-0.18	-0.05	-0.51	-0.5	-0.07	-0.55	-0.25	-0.28	-0.32	-0.12	-0.23	-0.73	-0.09
Short Long Term Debt Total	-0.46	-0.97	0.9	-0.64	-0.96	0.98		1.0	-0.16	-0.16	0.95	-0.43	-0.37	-0.16	-0.26	-0.61	-0.49	-0.06	-0.64	-0.35	-0.38	-0.27	-0.11	-0.18	-0.76	-0.06
Net Debt	-0.46	-0.97	0.9	-0.65	-0.96	0.98	1.0		-0.17	-0.17	0.95	-0.44	-0.38	-0.16	-0.26	-0.6	-0.5	-0.05	-0.64	-0.35	-0.38	-0.28	-0.1	-0.18	-0.77	-0.06
Cash	-0.26	0.12	-0.02	0.49	0.34	-0.18	-0.16	-0.17		1.0	-0.18	0.52	0.3	0.02	-0.01	-0.23	0.51	-0.35	-0.2	-0.25	-0.21	0.86	-0.16	0.15	0.28	-0.06
Cash And Short Term Investments	-0.26	0.12	-0.02	0.49	0.34	-0.18	-0.16	-0.17	1.0		-0.18	0.52	0.3	0.02	-0.01	-0.23	0.51	-0.35	-0.2	-0.25	-0.21	0.86	-0.16	0.15	0.28	-0.06
Non Current Liabilities Total	-0.43	-0.96	0.9	-0.6	-0.91	0.98	0.95	0.95	-0.18	-0.18		-0.59	-0.28	-0.39	-0.02	-0.56	-0.47	-0.17	-0.58	-0.2	-0.18	-0.3	-0.23	-0.36	-0.73	-0.31
Total Current Assets	0.28	0.49	-0.48	0.19	0.43	-0.48	-0.43	-0.44	0.52	0.52	-0.59		0.33	0.63	-0.1	0.28	0.33	0.2	0.25	-0.22	-0.19	0.37	0.33	0.79	0.44	0.57
Other Current Liab	0.46	0.33	-0.23	0.06	0.32	-0.23	-0.37	-0.38	0.3	0.3	-0.28	0.33		0.28	0.67	0.42	0.26	-0.01	0.46	0.31	0.3	0.21	0.19	-0.04	0.52	0.11
Total Current Liabilities	0.42	0.28	-0.29	-0.22	0.07	-0.18	-0.16	-0.16	0.02	0.02	-0.39	0.63	0.28		-0.13	0.38	0.01	0.46	0.33	-0.15	-0.34	-0.05	0.53	0.64	0.24	0.98
Other Liab	0.48	0.19	-0.2	-0.05	0.22	-0.05	-0.26	-0.26	-0.01	-0.01	-0.02	-0.1	0.67	-0.13		0.48	-0.01	-0.15	0.5	0.36	0.59	-0.11	-0.09	-0.2	0.29	-0.23
Property Plant And Equipment Net	0.97	0.73	-0.69	-0.14	0.45	-0.51	-0.61	-0.6	-0.23	-0.23	-0.56	0.28	0.42	0.38	0.48		-0.2	0.59	0.99	0.38	0.71	-0.25	0.58	0.18	0.42	0.31
Current Deferred Revenue	-0.25	0.35	-0.2	0.67	0.56	-0.5	-0.49	-0.5	0.51	0.51	-0.47	0.33	0.26	0.01	-0.01	-0.2		-0.35	-0.13	0.28	-0.25	0.51	-0.35	-0.02	0.55	-0.1
Accounts Payable	0.69	0.26	-0.11	-0.6	-0.15	-0.07	-0.06	-0.05	-0.35	-0.35	-0.17	0.2	-0.01	0.46	-0.15	0.59	-0.35		0.58	0.27	0.28	-0.41	0.88	0.16	0.18	0.45
Non Current Assets Total	0.97	0.75	-0.67	-0.09	0.49	-0.55	-0.64	-0.64	-0.2	-0.2	-0.58	0.25	0.46	0.33	0.5	0.99	-0.13	0.58		0.48	0.74	-0.2	0.58	0.09	0.47	0.25
Non Currrent Assets Other	0.43	0.33	-0.05	-0.02	0.23	-0.25	-0.35	-0.35	-0.25	-0.25	-0.2	-0.22	0.31	-0.15	0.36	0.38	0.28	0.27	0.48		0.52	-0.18	0.28	-0.48	0.28	-0.25
Long Term Debt	0.69	0.44	-0.35	-0.07	0.3	-0.28	-0.38	-0.38	-0.21	-0.21	-0.18	-0.19	0.3	-0.34	0.59	0.71	-0.25	0.28	0.74	0.52		-0.18	0.24	-0.37	0.18	-0.41
Net Receivables	-0.33	0.22	-0.09	0.69	0.47	-0.32	-0.27	-0.28	0.86	0.86	-0.3	0.37	0.21	-0.05	-0.11	-0.25	0.51	-0.41	-0.2	-0.18	-0.18		-0.14	-0.03	0.33	-0.12
Inventory	0.66	0.31	-0.11	-0.46	-0.06	-0.12	-0.11	-0.1	-0.16	-0.16	-0.23	0.33	0.19	0.53	-0.09	0.58	-0.35	0.88	0.58	0.28	0.24	-0.14		0.2	0.22	0.5
Other Current Assets	0.16	0.24	-0.43	-0.02	0.15	-0.23	-0.18	-0.18	0.15	0.15	-0.36	0.79	-0.04	0.64	-0.2	0.18	-0.02	0.16	0.09	-0.48	-0.37	-0.03	0.2		0.09	0.67
Property Plant And Equipment Gross	0.36	0.72	-0.58	0.45	0.7	-0.73	-0.76	-0.77	0.28	0.28	-0.73	0.44	0.52	0.24	0.29	0.42	0.55	0.18	0.47	0.28	0.18	0.33	0.22	0.09		0.1
Short Term Debt	0.35	0.19	-0.24	-0.27	-0.03	-0.09	-0.06	-0.06	-0.06	-0.06	-0.31	0.57	0.11	0.98	-0.23	0.31	-0.1	0.45	0.25	-0.25	-0.41	-0.12	0.5	0.67	0.1

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Globalstar Account Relationship Matchups

Globalstar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	965.6M	888.1M	814.1M	833.4M	924.3M	942.2M
Total Stockholder Equity	407.3M	423.1M	365.4M	314.8M	379.0M	397.9M
Other Assets	59.2M	65.5M	8.9M	129.4M	116.4M	76.1M
Common Stock Shares Outstanding	1.7B	1.6B	1.8B	1.8B	1.8B	1.9B
Liabilities And Stockholders Equity	965.6M	888.1M	814.1M	833.4M	924.3M	942.2M
Other Stockholder Equity	2.0B	2.1B	2.1B	2.3B	2.4B	2.6B
Total Liab	558.2M	465.0M	448.7M	518.6M	545.3M	792.8M
Short Long Term Debt Total	480.6M	400.5M	269.7M	162.5M	392.5M	545.9M
Net Debt	473.0M	387.1M	255.4M	130.4M	335.8M	527.2M
Cash	7.6M	13.3M	14.3M	32.1M	56.7M	59.6M
Cash And Short Term Investments	7.6M	13.3M	14.3M	32.1M	56.7M	59.6M
Non Current Liabilities Total	495.2M	350.8M	387.1M	321.5M	369.4M	600.0M
Total Current Assets	63.3M	68.5M	68.9M	81.2M	142.7M	94.1M
Other Current Liab	23.5M	20.5M	22.8M	53.0M	77.0M	41.0M
Total Current Liabilities	63.1M	114.2M	61.6M	197.1M	175.9M	153.0M
Other Liab	16.2M	10.5M	119.9M	161.7M	186.0M	148.6M
Property Plant And Equipment Net	815.8M	730.3M	704.2M	591.2M	658.2M	846.8M
Current Deferred Revenue	29.9M	26.0M	25.9M	74.6M	53.7M	29.0M
Accounts Payable	8.0M	2.9M	6.2M	3.8M	2.0M	1.9M
Non Current Assets Total	902.3M	819.6M	745.2M	752.2M	781.7M	938.0M
Non Currrent Assets Other	79.6M	61.8M	10.1M	130.5M	32.2M	30.6M
Long Term Debt	464.2M	326.6M	237.9M	132.1M	325.7M	382.1M
Net Receivables	21.8M	22.1M	21.2M	26.3M	48.7M	51.2M
Inventory	16.3M	13.7M	13.8M	9.3M	14.6M	21.1M
Other Current Assets	17.6M	19.3M	39.1M	13.6M	22.6M	25.8M
Property Plant And Equipment Gross	815.8M	730.3M	1.6B	1.5B	1.7B	1.0B
Accumulated Other Comprehensive Income	(3.4M)	(2.9M)	1.9M	9.2M	5.1M	5.3M
Short Term Debt	1.6M	60.2M	2.5M	62.3M	37.6M	68.0M
Property Plant Equipment	799.9M	715.9M	672.2M	560.4M	644.4M	848.4M
Retained Earnings	(1.6B)	(1.7B)	(1.8B)	(2.0B)	(2.1B)	(2.0B)
Common Stock Total Equity	146K	167K	180K	181K	208.2K	218.6K
Common Stock	146K	167K	180K	181K	188K	104.1K
Intangible Assets	6.9M	27.5M	31.0M	30.5M	60.7M	63.7M
Net Tangible Assets	371.7M	384.8M	324.4M	276.3M	248.7M	233.8M
Retained Earnings Total Equity	(1.6B)	(1.7B)	(1.8B)	(2.0B)	(1.8B)	(1.9B)
Long Term Debt Total	464.2M	326.6M	237.9M	132.1M	118.9M	113.0M
Capital Surpluse	2.0B	2.1B	2.1B	2.3B	2.7B	1.8B
Deferred Long Term Liab	3.8M	123K	1.7M	1.8M	1.6M	1.5M

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