Globalstar (GSAT) Asset Writedowns and Impairment (2010 - 2025)
Globalstar (GSAT) posted quarterly Asset Writedowns and Impairment of $7.0 million for Q1 2025, up 2207.54% year-over-year from $305000.0 in Q1 2024, and up 2207.54% on a QoQ basis from $305000.0 in Q1 2024.
Globalstar (GSAT) Asset Writedowns and Impairment (2010 - 2025) Analysis & Trends
Globalstar (GSAT) has reported Asset Writedowns and Impairment for 16 consecutive years, with $7.0 million the latest figure, recorded in Q1 2025.
- In Q1 2025, Asset Writedowns and Impairment rose 2207.54% year-over-year to $7.0 million; the TTM figure through Jun 2025 stood at $7.3 million (down 95.8% YoY), while the FY2024 annual figure was $300000.0, changed N/A from the prior year.
- Asset Writedowns and Impairment came in at $7.0 million for Q1 2025 at Globalstar, up from $305000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $174.3 million in Q4 2022, with the low at $217000.0 in Q4 2021.
- Average Asset Writedowns and Impairment over 5 years is $31.6 million, with a median of $420000.0 recorded in 2021.
- Across the five-year window, Asset Writedowns and Impairment slumped 97.66% in 2021 and soared 80234.1% in 2022, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $217000.0 in 2021, then jumped by 80234.1% to $174.3 million in 2022, then tumbled by 99.86% to $249000.0 in 2023, then gained by 22.49% to $305000.0 in 2024, then soared by 2207.54% to $7.0 million in 2025.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $7.0 million, $305000.0, and $249000.0 for Q1 2025, Q1 2024, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 7.04 Mn |
| Mar 31, 2025 | 7.04 Mn |
| Mar 31, 2024 | 305,000.00 |
| Mar 31, 2024 | 305,000.00 |
| Mar 31, 2023 | 249,000.00 |
| Mar 31, 2023 | 249,000.00 |
| Dec 31, 2022 | 174.33 Mn |
| Dec 31, 2022 | 174.33 Mn |
| Sep 30, 2022 | 161.16 Mn |
| Sep 30, 2022 | 161.16 Mn |
| Jun 30, 2022 | 226,000.00 |
| Jun 30, 2022 | 226,000.00 |
| Mar 31, 2022 | 332,000.00 |
| Mar 31, 2022 | 332,000.00 |
| Dec 31, 2021 | 217,000.00 |
| Dec 31, 2021 | 217,000.00 |
| Sep 30, 2021 | 800,000.00 |
| Sep 30, 2021 | 800,000.00 |
| Jun 30, 2021 | 2.30 Mn |
| Jun 30, 2021 | 2.30 Mn |