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

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

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

Globalstar (GSAT) has reported Construction in Progress for 3 consecutive years, with $182.5 million the latest figure, recorded in 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 came in at $182.5 million for Q3 2023 at Globalstar, up from $166.0 million in the prior quarter.
  • The five-year high for Construction in Progress was $182.5 million in Q3 2023, with the low at $7.9 million in Q4 2020.
  • Average Construction in Progress over 3 years is $86.4 million, with a median of $77.4 million recorded in 2022.
  • The largest YoY upside for Construction in Progress was 613.55% in 2023 against a maximum downside of 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.
  • According to Business Quant data, Construction in Progress over the past three periods registered $182.5 million, $166.0 million, and $110.6 million for Q3 2023, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (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 6.30 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
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