Growth Metrics

Globalstar (GSAT) Interest Expenses (2016)

Historic Interest Expenses for Globalstar (GSAT) over the last 7 years, with Q3 2016 value amounting to -$4.3 million.

  • Globalstar's Interest Expenses fell 24630.14% to -$4.3 million in Q3 2016 from the same period last year, while for Jun 2017 it was -$4.3 million, marking a year-over-year decrease of 10943.36%. This contributed to the annual value of $46.1 million for FY2015, which is 1009.53% down from last year.
  • Per Globalstar's latest filing, its Interest Expenses stood at -$4.3 million for Q3 2016, which was down 24630.14% from $2.1 million recorded in Q2 2016.
  • In the past 5 years, Globalstar's Interest Expenses registered a high of $68.3 million during Q4 2013, and its lowest value of -$4.3 million during Q3 2016.
  • In the last 4 years, Globalstar's Interest Expenses had a median value of $2.9 million in 2015 and averaged $18.0 million.
  • Per our database at Business Quant, Globalstar's Interest Expenses soared by 28930.48% in 2015 and then plummeted by 24630.14% in 2016.
  • Over the past 4 years, Globalstar's Interest Expenses (Quarter) stood at $68.3 million in 2013, then dropped by 26.03% to $50.6 million in 2014, then fell by 20.3% to $40.3 million in 2015, then crashed by 110.6% to -$4.3 million in 2016.
  • Its Interest Expenses stands at -$4.3 million for Q3 2016, versus $2.1 million for Q2 2016 and $40.3 million for Q4 2015.