Globalstar (GSAT) Interest Expenses (2010 - 2016)

Globalstar (GSAT) has reported Interest Expenses for 6 consecutive years, with -$4.3 million the latest figure, recorded in Q3 2016.

• In Q3 2016, Interest Expenses fell 246.3% year-over-year to -$4.3 million; the TTM figure through Jun 2017 stood at -$4.3 million (down 173.33% YoY), while the FY2015 annual figure was $6.7 million, up 790.78% from the prior year.
• Interest Expenses came in at -$4.3 million for Q3 2016 at Globalstar, down from $2.1 million in the prior quarter.
• The five-year high for Interest Expenses was $14.0 million in Q2 2013, with the low at -$4.3 million in Q3 2016.
• Average Interest Expenses over 4 years is $2.6 million, with a median of $2.1 million recorded in 2016.
• Across the five-year window, Interest Expenses soared 289.3% in 2015 and sank 246.3% in 2016, its largest moves.
• Year by year, Interest Expenses stood at $1.0 million in 2013, then retreated by 25.79% to $748000.0 in 2014, then rose by 11.1% to $831000.0 in 2015, then tumbled by 614.08% to -$4.3 million in 2016.
• According to Business Quant data, Interest Expenses over the past three periods registered -$4.3 million, $2.1 million, and $831000.0 for Q3 2016, Q2 2016, and Q4 2015 respectively.