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| Date | Value |
|---|---|
| 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 |