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
DateValue
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