Globalstar (GSAT) Construction in Progress (2020 - 2023)

Globalstar (GSAT) recorded quarterly Construction in Progress of $182.5 million in Q3 2023, up 9.94% quarter-over-quarter from $166.0 million in Q2 2023, and up 223.58% on a YoY basis from $56.4 million in Q3 2022.

Globalstar (GSAT) Construction in Progress (2020 - 2023) Analysis & Trends

Globalstar's Construction in Progress history runs 3 years deep, the most recent figure standing at $182.5 million for Q3 2023.

  • In Q3 2023, Construction in Progress rose 223.58% year-over-year to $182.5 million; the TTM figure through Sep 2023 stood at $182.5 million (up 223.58% YoY), while the FY2022 annual figure was $98.5 million, changed N/A from the prior year.
  • Construction in Progress was $182.5 million for Q3 2023 at Globalstar, up from $166.0 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $182.5 million in Q3 2023 to a low of $7.9 million in Q4 2020.
  • Historically, Construction in Progress has averaged $86.4 million across 3 years, with a median of $77.4 million in 2022.
  • Biggest YoY gain for Construction in Progress was 613.55% in 2023; the steepest drop was 206.27% in 2023.
  • A 3-year view of Construction in Progress shows it stood at $7.9 million in 2020, then jumped by 1146.84% to $98.5 million in 2022, then soared by 85.28% to $182.5 million in 2023.
  • The last three Construction in Progress figures came in at $182.5 million (Q3 2023), $166.0 million (Q2 2023), and $110.6 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn -
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 6.30 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn -
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn -
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 Globalstar 10.46 Bn 10.11 Bn 46.63 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 182.50 Mn
Jun 30, 2023 166.00 Mn
Mar 31, 2023 110.60 Mn
Dec 31, 2022 98.50 Mn
Sep 30, 2022 56.40 Mn
Jun 30, 2022 54.20 Mn
Mar 31, 2022 15.50 Mn
Dec 31, 2020 7.90 Mn