Globalstar GSAT
NASDAQ GSAT
$81.97 +0.29 (+0.36%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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