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| 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 |