Globalstar Other Non Cash Items vs Free Cash Flow Analysis

GSAT Stock

USD 1.20 0.03 2.44%

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 Other Non Cash Items and its Free Cash Flow 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.

Other Non Cash Items vs Free Cash Flow

Other Non Cash Items vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globalstar Other Non Cash Items account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Globalstar's Other Non Cash Items and Free Cash Flow is 0.14. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Globalstar, assuming nothing else is changed. The correlation between historical values of Globalstar's Other Non Cash Items and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Globalstar are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Non Cash Items i.e., Globalstar's Other Non Cash Items and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Non Cash Items

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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)
Gross Profit	72.3M	83.5M	66.8M	51.6M
Total Revenue	124.3M	148.5M	223.8M	235.0M

Gross Profit Total Revenue

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	0.22	0.42	0.48	0.97	-0.25	0.69	0.97	0.39	0.69	-0.33	0.66	0.21	0.36	0.37
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	0.32	0.28	0.19	0.73	0.35	0.26	0.75	0.38	0.44	0.22	0.31	0.23	0.72	0.17
Other Assets	-0.52	-0.91		-0.5	-0.86	0.89	0.9	0.9	-0.02	-0.02	0.9	-0.48	-0.15	-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
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	0.23	-0.22	-0.05	-0.14	0.67	-0.6	-0.09	0.11	-0.07	0.69	-0.46	-0.08	0.45	-0.31
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	0.38	0.07	0.22	0.45	0.56	-0.15	0.49	0.32	0.3	0.47	-0.06	0.12	0.7	-0.05
Total Liab	-0.36	-0.96	0.89	-0.69	-0.95		0.98	0.98	-0.18	-0.18	0.98	-0.48	-0.3	-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
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	-0.41	-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
Net Debt	-0.46	-0.97	0.9	-0.65	-0.96	0.98	1.0		-0.17	-0.17	0.95	-0.44	-0.42	-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
Cash	-0.26	0.12	-0.02	0.49	0.34	-0.18	-0.16	-0.17		1.0	-0.18	0.52	0.37	0.02	-0.01	-0.23	0.51	-0.35	-0.2	-0.02	-0.21	0.86	-0.16	0.17	0.28	-0.1
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	0.37	0.02	-0.01	-0.23	0.51	-0.35	-0.2	-0.02	-0.21	0.86	-0.16	0.17	0.28	-0.1
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	-0.33	-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
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		0.28	0.63	-0.1	0.28	0.33	0.2	0.25	-0.15	-0.19	0.37	0.33	0.81	0.44	0.56
Other Current Liab	0.22	0.32	-0.15	0.23	0.38	-0.3	-0.41	-0.42	0.37	0.37	-0.33	0.28		0.24	0.51	0.2	0.63	-0.1	0.27	0.53	0.05	0.28	0.04	-0.07	0.6	0.01
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	0.24		-0.13	0.38	0.01	0.46	0.33	-0.16	-0.34	-0.05	0.53	0.67	0.24	0.97
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	0.51	-0.13		0.48	-0.01	-0.15	0.5	0.36	0.59	-0.11	-0.09	-0.18	0.29	-0.22
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	0.2	0.38	0.48		-0.2	0.59	0.99	0.36	0.71	-0.25	0.58	0.21	0.42	0.33
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	0.63	0.01	-0.01	-0.2		-0.35	-0.13	0.34	-0.25	0.51	-0.35	-0.01	0.55	-0.18
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	-0.1	0.46	-0.15	0.59	-0.35		0.58	0.21	0.28	-0.41	0.88	0.18	0.18	0.47
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	0.27	0.33	0.5	0.99	-0.13	0.58		0.47	0.74	-0.2	0.58	0.12	0.47	0.27
Non Currrent Assets Other	0.39	0.38	-0.05	0.11	0.32	-0.3	-0.39	-0.39	-0.02	-0.02	-0.25	-0.15	0.53	-0.16	0.36	0.36	0.34	0.21	0.47		0.52	0.08	0.29	-0.45	0.33	-0.32
Long Term Debt	0.69	0.44	-0.35	-0.07	0.3	-0.28	-0.39	-0.38	-0.21	-0.21	-0.18	-0.19	0.05	-0.34	0.59	0.71	-0.25	0.28	0.74	0.52		-0.18	0.24	-0.33	0.18	-0.37
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	0.28	-0.05	-0.11	-0.25	0.51	-0.41	-0.2	0.08	-0.18		-0.14	-0.04	0.33	-0.15
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	0.04	0.53	-0.09	0.58	-0.35	0.88	0.58	0.29	0.24	-0.14		0.22	0.22	0.52
Other Current Assets	0.21	0.23	-0.4	-0.08	0.12	-0.19	-0.15	-0.15	0.17	0.17	-0.33	0.81	-0.07	0.67	-0.18	0.21	-0.01	0.18	0.12	-0.45	-0.33	-0.04	0.22		0.02	0.71
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	0.6	0.24	0.29	0.42	0.55	0.18	0.47	0.33	0.18	0.33	0.22	0.02		0.07
Short Term Debt	0.37	0.17	-0.25	-0.31	-0.05	-0.08	-0.04	-0.03	-0.1	-0.1	-0.28	0.56	0.01	0.97	-0.22	0.33	-0.18	0.47	0.27	-0.32	-0.37	-0.15	0.52	0.71	0.07

Click cells to compare fundamentals

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	545.7M
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	25.2M	26.9M	115.8M	82.6M	45.3M
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	53.7M	71.6M
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	19.6M	13.6M	22.6M	24.8M
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	2.7M	37.6M	47.0M
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

Pair Trading with Globalstar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Globalstar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Globalstar will appreciate offsetting losses from the drop in the long position's value.

Moving against Globalstar Stock

0.73	IQ	iQIYI Inc Upward Rally	Pair Corr
0.64	CURIW	CuriosityStream	Pair Corr
0.5	DOYU	DouYu International	Pair Corr

The ability to find closely correlated positions to Globalstar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Globalstar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Globalstar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Globalstar to buy it.

The correlation of Globalstar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Globalstar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Globalstar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Globalstar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Globalstar

Details

Is Globalstar Stock a good investment?

Details

What is Globalstar's Net Worth?

Details

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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary 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.

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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

(0.03)

Revenue Per Share

0.12

Quarterly Revenue Growth

(0.04)

Return On Assets

(0.01)

Return On Equity

(0.10)

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.

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Globalstar Other Non Cash Items vs Free Cash Flow Analysis

Other Non Cash Items vs Free Cash Flow

Other Non Cash Items vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Other Non Cash Items

Free Cash Flow

Globalstar fundamental ratios Correlations

Globalstar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Globalstar fundamental ratios Accounts

Pair Trading with Globalstar

Moving against Globalstar Stock

Complementary Tools for Globalstar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.98	Total Liab
Net Debt	+ 0.98	Total Liab
Non Current Liabilities Total	+ 0.98	Total Liab

Net Debt	- 0.97	Total Stockholder Equity
Short Long Term Debt Total	- 0.97	Total Stockholder Equity
Net Debt	- 0.96	Other Stockholder Equity
Short Long Term Debt Total	- 0.96	Other Stockholder Equity
Non Current Liabilities Total	- 0.96	Total Stockholder Equity
Total Liab	- 0.96	Total Stockholder Equity