Globalstar (GSAT) Debt Ratio (2010 - 2026)
Globalstar's Debt Ratio was 0.15 in Q2 2026, down 43.0% from 0.26 a year earlier and down 26.5% from the prior quarter.
Analysis
Globalstar (GSAT) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Globalstar came in at 0.21, down 30.5% from FY2024.
- In earlier years, Debt Ratio was 0.30 in FY2024 (-23.3%), 0.39 in FY2023 (+117.9%), 0.18 in FY2022 (-38.8%) and 0.29 in FY2021 (-32.7%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio in data going back to Q4 2010.
- Compared with a year earlier, Debt Ratio has declined for seven straight quarters, with an average decline of 28.8% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2023 (growth of 117.9%); the worst was Q3 2025 (a decline of 45.3%).
- Per Business Quant data, GSAT's Debt Ratio in the three quarters before Q2 2026 was 0.20 (Q1 2026), 0.21 (Q4 2025) and 0.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 0.40 |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | 0.40 |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 0.34 |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | 0.35 |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 0.35 |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | 0.01 |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | 0.44 |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | 0.51 |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | 0.52 |
| 10 | Globalstar | 10.74 Bn | 9.18 Bn | 37.78 Mn | 0.15 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.15 |
| Mar 31, 2026 | 0.20 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.39 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.18 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.32 |
API Access
Globalstar Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=GSAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "GSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=GSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();