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 Interest Income and its Total Revenue 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.
Interest Income vs Total Revenue
Interest Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Globalstar Interest Income account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Globalstar's Interest Income and Total Revenue is -0.6. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Globalstar, assuming nothing else is changed. The correlation between historical values of Globalstar's Interest Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Globalstar are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Interest Income i.e., Globalstar's Interest Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Total Revenue
Total revenue comprises all receipts Globalstar generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 |
Globalstar fundamental ratios Correlations
Click cells to compare fundamentals
Globalstar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globalstar fundamental ratios Accounts
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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.