Globalstar Current Deferred Revenue vs Total Current Assets Analysis

GSAT Stock  USD 1.30  0.01  0.78%   
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 Current Deferred Revenue and its Total Current Assets 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 tightly coupled 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.

Current Deferred Revenue vs Total Current Assets

Current Deferred Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globalstar Current Deferred Revenue account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Globalstar's Current Deferred Revenue and Total Current Assets is 0.33. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Globalstar, assuming nothing else is changed. The correlation between historical values of Globalstar's Current Deferred Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Globalstar are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Current Deferred Revenue i.e., Globalstar's Current Deferred Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 tightly coupled 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 Revenue124.3M148.5M223.8M235.0M
Interest Expense43.5M375.0M38.5M62.9M

Globalstar fundamental ratios Correlations

0.6-0.52-0.320.28-0.36-0.46-0.46-0.26-0.26-0.430.280.220.420.480.97-0.250.690.970.390.69-0.330.660.210.360.37
0.6-0.910.510.91-0.96-0.97-0.970.120.12-0.960.490.320.280.190.730.350.260.750.380.440.220.310.230.720.17
-0.52-0.91-0.5-0.860.890.90.9-0.02-0.020.9-0.48-0.15-0.29-0.2-0.69-0.2-0.11-0.67-0.05-0.35-0.09-0.11-0.4-0.58-0.25
-0.320.51-0.50.8-0.69-0.64-0.650.490.49-0.60.190.23-0.22-0.05-0.140.67-0.6-0.090.11-0.070.69-0.46-0.080.45-0.31
0.280.91-0.860.8-0.95-0.96-0.960.340.34-0.910.430.380.070.220.450.56-0.150.490.320.30.47-0.060.120.7-0.05
-0.36-0.960.89-0.69-0.950.980.98-0.18-0.180.98-0.48-0.3-0.18-0.05-0.51-0.5-0.07-0.55-0.3-0.28-0.32-0.12-0.19-0.73-0.08
-0.46-0.970.9-0.64-0.960.981.0-0.16-0.160.95-0.43-0.41-0.16-0.26-0.61-0.49-0.06-0.64-0.39-0.39-0.27-0.11-0.15-0.76-0.04
-0.46-0.970.9-0.65-0.960.981.0-0.17-0.170.95-0.44-0.42-0.16-0.26-0.6-0.5-0.05-0.64-0.39-0.38-0.28-0.1-0.15-0.77-0.03
-0.260.12-0.020.490.34-0.18-0.16-0.171.0-0.180.520.370.02-0.01-0.230.51-0.35-0.2-0.02-0.210.86-0.160.170.28-0.1
-0.260.12-0.020.490.34-0.18-0.16-0.171.0-0.180.520.370.02-0.01-0.230.51-0.35-0.2-0.02-0.210.86-0.160.170.28-0.1
-0.43-0.960.9-0.6-0.910.980.950.95-0.18-0.18-0.59-0.33-0.39-0.02-0.56-0.47-0.17-0.58-0.25-0.18-0.3-0.23-0.33-0.73-0.28
0.280.49-0.480.190.43-0.48-0.43-0.440.520.52-0.590.280.63-0.10.280.330.20.25-0.15-0.190.370.330.810.440.56
0.220.32-0.150.230.38-0.3-0.41-0.420.370.37-0.330.280.240.510.20.63-0.10.270.530.050.280.04-0.070.60.01
0.420.28-0.29-0.220.07-0.18-0.16-0.160.020.02-0.390.630.24-0.130.380.010.460.33-0.16-0.34-0.050.530.670.240.97
0.480.19-0.2-0.050.22-0.05-0.26-0.26-0.01-0.01-0.02-0.10.51-0.130.48-0.01-0.150.50.360.59-0.11-0.09-0.180.29-0.22
0.970.73-0.69-0.140.45-0.51-0.61-0.6-0.23-0.23-0.560.280.20.380.48-0.20.590.990.360.71-0.250.580.210.420.33
-0.250.35-0.20.670.56-0.5-0.49-0.50.510.51-0.470.330.630.01-0.01-0.2-0.35-0.130.34-0.250.51-0.35-0.010.55-0.18
0.690.26-0.11-0.6-0.15-0.07-0.06-0.05-0.35-0.35-0.170.2-0.10.46-0.150.59-0.350.580.210.28-0.410.880.180.180.47
0.970.75-0.67-0.090.49-0.55-0.64-0.64-0.2-0.2-0.580.250.270.330.50.99-0.130.580.470.74-0.20.580.120.470.27
0.390.38-0.050.110.32-0.3-0.39-0.39-0.02-0.02-0.25-0.150.53-0.160.360.360.340.210.470.520.080.29-0.450.33-0.32
0.690.44-0.35-0.070.3-0.28-0.39-0.38-0.21-0.21-0.18-0.190.05-0.340.590.71-0.250.280.740.52-0.180.24-0.330.18-0.37
-0.330.22-0.090.690.47-0.32-0.27-0.280.860.86-0.30.370.28-0.05-0.11-0.250.51-0.41-0.20.08-0.18-0.14-0.040.33-0.15
0.660.31-0.11-0.46-0.06-0.12-0.11-0.1-0.16-0.16-0.230.330.040.53-0.090.58-0.350.880.580.290.24-0.140.220.220.52
0.210.23-0.4-0.080.12-0.19-0.15-0.150.170.17-0.330.81-0.070.67-0.180.21-0.010.180.12-0.45-0.33-0.040.220.020.71
0.360.72-0.580.450.7-0.73-0.76-0.770.280.28-0.730.440.60.240.290.420.550.180.470.330.180.330.220.020.07
0.370.17-0.25-0.31-0.05-0.08-0.04-0.03-0.1-0.1-0.280.560.010.97-0.220.33-0.180.470.27-0.32-0.37-0.150.520.710.07
Click cells to compare fundamentals

Globalstar Account Relationship Matchups

Globalstar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets965.6M888.1M814.1M833.4M924.3M942.2M
Total Stockholder Equity407.3M423.1M365.4M314.8M379.0M397.9M
Other Assets59.2M65.5M8.9M129.4M116.4M76.1M
Common Stock Shares Outstanding1.7B1.6B1.8B1.8B1.8B1.9B
Liabilities And Stockholders Equity965.6M888.1M814.1M833.4M924.3M942.2M
Other Stockholder Equity2.0B2.1B2.1B2.3B2.4B2.6B
Total Liab558.2M465.0M448.7M518.6M545.3M792.8M
Short Long Term Debt Total480.6M400.5M269.7M162.5M392.5M545.7M
Net Debt473.0M387.1M255.4M130.4M335.8M527.2M
Cash7.6M13.3M14.3M32.1M56.7M59.6M
Cash And Short Term Investments7.6M13.3M14.3M32.1M56.7M59.6M
Non Current Liabilities Total495.2M350.8M387.1M321.5M369.4M600.0M
Total Current Assets63.3M68.5M68.9M81.2M142.7M94.1M
Other Current Liab23.5M25.2M26.9M115.8M82.6M45.3M
Total Current Liabilities63.1M114.2M61.6M197.1M175.9M153.0M
Other Liab16.2M10.5M119.9M161.7M186.0M148.6M
Property Plant And Equipment Net815.8M730.3M704.2M591.2M658.2M846.8M
Current Deferred Revenue29.9M26.0M25.9M74.6M53.7M29.0M
Accounts Payable8.0M2.9M6.2M3.8M2.0M1.9M
Non Current Assets Total902.3M819.6M745.2M752.2M781.7M938.0M
Non Currrent Assets Other79.6M61.8M10.1M130.5M53.7M71.6M
Long Term Debt464.2M326.6M237.9M132.1M325.7M382.1M
Net Receivables21.8M22.1M21.2M26.3M48.7M51.2M
Inventory16.3M13.7M13.8M9.3M14.6M21.1M
Other Current Assets17.6M19.3M19.6M13.6M22.6M24.8M
Property Plant And Equipment Gross815.8M730.3M1.6B1.5B1.7B1.0B
Accumulated Other Comprehensive Income(3.4M)(2.9M)1.9M9.2M5.1M5.3M
Short Term Debt1.6M60.2M2.5M2.7M37.6M47.0M
Property Plant Equipment799.9M715.9M672.2M560.4M644.4M848.4M
Retained Earnings(1.6B)(1.7B)(1.8B)(2.0B)(2.1B)(2.0B)
Common Stock Total Equity146K167K180K181K208.2K218.6K
Common Stock146K167K180K181K188K104.1K
Intangible Assets6.9M27.5M31.0M30.5M60.7M63.7M
Net Tangible Assets371.7M384.8M324.4M276.3M248.7M233.8M
Retained Earnings Total Equity(1.6B)(1.7B)(1.8B)(2.0B)(1.8B)(1.9B)
Long Term Debt Total464.2M326.6M237.9M132.1M118.9M113.0M
Capital Surpluse2.0B2.1B2.1B2.3B2.7B1.8B
Deferred Long Term Liab3.8M123K1.7M1.8M1.6M1.5M

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When determining whether Globalstar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Globalstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Globalstar Stock. Highlighted below are key reports to facilitate an investment decision about Globalstar Stock:
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 tightly coupled 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.
Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Globalstar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globalstar. If investors know Globalstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
0.122
Quarterly Revenue Growth
0.269
Return On Assets
0.0023
Return On Equity
(0.07)
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globalstar's market value can be influenced by many factors that don't directly affect Globalstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.