Globalstar (GSAT) Interest Expenses (2010 - 2016)
Globalstar (GSAT) recorded quarterly Interest Expenses of -$4.3 million in Q3 2016, down 305.88% quarter-over-quarter from $2.1 million in Q2 2016, and down 246.3% on a YoY basis from $2.9 million in Q4 2015.
Globalstar (GSAT) Interest Expenses (2010 - 2016) Analysis & Trends
Globalstar's Interest Expenses history runs 6 years deep, the most recent figure standing at -$4.3 million for 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 was -$4.3 million for Q3 2016 at Globalstar, down from $2.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $14.0 million in Q2 2013 to a low of -$4.3 million in Q3 2016.
- Historically, Interest Expenses has averaged $2.6 million across 4 years, with a median of $2.1 million in 2016.
- The sharpest annual moves came in 2015 and 2016: Interest Expenses soared 289.3% in 2015, then plunged 246.3% in 2016.
- A 4-year view of Interest Expenses shows it stood at $1.0 million in 2013, then dropped by 25.79% to $748000.0 in 2014, then climbed by 11.1% to $831000.0 in 2015, then slumped by 614.08% to -$4.3 million in 2016.
- The last three Interest Expenses figures came in at -$4.3 million (Q3 2016), $2.1 million (Q2 2016), and $831000.0 (Q4 2015), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -323.77 Mn |
| 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 | 1.94 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 1.81 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 221.80 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 674.94 Mn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | -3.26 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -150.00 Mn |
| 10 | Globalstar | 10.46 Bn | 10.11 Bn | 46.63 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2016 | -4.27 Mn |
| Sep 30, 2016 | -4.27 Mn |
| Jun 30, 2016 | 2.08 Mn |
| Jun 30, 2016 | 2.08 Mn |
| Dec 31, 2015 | 831,000.00 |
| Dec 31, 2015 | 831,000.00 |
| Sep 30, 2015 | 2.92 Mn |
| Sep 30, 2015 | 2.92 Mn |
| Jun 30, 2015 | 2.91 Mn |
| Jun 30, 2015 | 2.91 Mn |
| Jun 30, 2014 | 748,000.00 |
| Jun 30, 2014 | 748,000.00 |
| Dec 31, 2013 | 1.01 Mn |
| Dec 31, 2013 | 1.01 Mn |
| Sep 30, 2013 | 2.73 Mn |
| Sep 30, 2013 | 2.73 Mn |
| Jun 30, 2013 | 14.00 Mn |
| Jun 30, 2013 | 14.00 Mn |
| Dec 31, 2011 | 1.21 Mn |
| Dec 31, 2011 | 1.21 Mn |