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

Globalstar's (GSAT) quarterly Construction in Progress came in at $182.5 million in Q3 2023, up 223.58% year-on-year from $56.4 million in Q3 2022, and up 9.94% quarter-over-quarter from $166.0 million in Q2 2023.

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.

  • On a quarterly basis, Construction in Progress rose 223.58% year-over-year to $182.5 million in Q3 2023; TTM through Sep 2023 was $182.5 million, a 223.58% increase from a year earlier, with the FY2022 full-year figure at $98.5 million, changed N/A from the prior year.
  • Construction in Progress climbed to $182.5 million in Q3 2023 per GSAT's latest filing, from $166.0 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $182.5 million in Q3 2023 and bottomed at $7.9 million in Q4 2020.
  • The 3-year median for Construction in Progress is $77.4 million (2022), against an average of $86.4 million.
  • Biggest YoY gain for Construction in Progress was 613.55% in 2023; the steepest drop was 206.27% in 2023.
  • Year by year, Construction in Progress 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.
  • Per Business Quant, the three latest GSAT Construction in Progress figures stand at $182.5 million (Q3 2023), $166.0 million (Q2 2023), and $110.6 million (Q1 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn -
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn -
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 6.30 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn -
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn -
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -
10 Globalstar 10.15 Bn 9.79 Bn 67.60 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