Globalstar (GSAT) Debt Ratio (2010 - 2026)
Globalstar (GSAT) posted Debt Ratio of 0.17 for Q2 2026, down 22.84% on a QoQ basis from 0.22 in Q1 2026, and down 37.71% year-over-year from 0.27 in Q2 2025.
Analysis
Globalstar (GSAT) Debt Ratio (2010 - 2026) Analysis & Trends
Globalstar has reported Debt Ratio for 17 years, with the latest figure at 0.17 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 37.71% year-over-year to 0.17 in Q2 2026; TTM through Jun 2026 was 0.17, a 37.71% decrease from a year earlier, with the FY2025 full-year figure at 0.22, down 30.57% from the prior year.
- Debt Ratio was 0.17 for Q2 2026 at Globalstar, down from 0.22 in the prior quarter.
- The five-year high for Debt Ratio was 0.47 in Q1 2024, with the low at 0.17 in Q2 2026.
- Average Debt Ratio over 5 years is 0.33, with a median of 0.3 recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio surged 118.82% in 2024, then plunged 47.36% in 2025.
- Over 5 years, Debt Ratio stood at 0.26 in 2022, then jumped by 64.31% to 0.43 in 2023, then decreased by 25.27% to 0.32 in 2024, then slumped by 30.57% to 0.22 in 2025, then declined by 24.31% to 0.17 in 2026.
- The last three Debt Ratio figures came in at 0.17 (Q2 2026), 0.22 (Q1 2026), and 0.22 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | 0.44 |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | 0.51 |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | 0.17 |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | 0.04 |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | 0.69 |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | 0.76 |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | 0.66 |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.22 |
| Dec 31, 2025 | 0.22 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.43 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.44 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.32 |