Globalstar (GSAT) Non Operating Interest Expenses (2010 - 2016)
Globalstar (GSAT) posted Non Operating Interest Expenses of -$4.3 million for Q3 2016, down 305.88% on a QoQ basis from $2.1 million in Q2 2016, and down 246.3% year-over-year from $2.9 million in Q4 2015.
Analysis
Globalstar (GSAT) Non Operating Interest Expenses (2010 - 2016) Analysis & Trends
Globalstar has reported Non Operating Interest Expenses for 6 years, with the latest figure at -$4.3 million in Q3 2016.
- On a quarterly basis, Non Operating Interest Expenses fell 246.3% year-over-year to -$4.3 million in Q3 2016; TTM through Sep 2016 was $1.6 million, a 73.35% decrease from a year earlier, with the FY2015 full-year figure at $6.7 million, up 790.78% from the prior year.
- Non Operating Interest Expenses was -$4.3 million for Q3 2016 at Globalstar, down from $2.1 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $14.0 million in Q2 2013, with the low at -$4.3 million in Q3 2016.
- Average Non Operating Interest Expenses over 4 years is $2.6 million, with a median of $2.1 million recorded in 2016.
- The sharpest annual moves came in 2015 and 2016: Non Operating Interest Expenses jumped 289.3% in 2015, then tumbled 246.3% in 2016.
- Over 4 years, Non Operating Interest Expenses stood at $1.0 million in 2013, then declined by 25.79% to $748000.0 in 2014, then grew by 11.1% to $831000.0 in 2015, then sank by 614.08% to -$4.3 million in 2016.
- The last three Non Operating 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | - |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 82.30 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | - |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -36.47 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 17.59 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2016 | -4.27 Mn |
| Jun 30, 2016 | 2.08 Mn |
| Dec 31, 2015 | 831,000.00 |
| Sep 30, 2015 | 2.92 Mn |
| Jun 30, 2015 | 2.91 Mn |
| Jun 30, 2014 | 748,000.00 |
| Dec 31, 2013 | 1.01 Mn |
| Sep 30, 2013 | 2.73 Mn |
| Jun 30, 2013 | 14.00 Mn |
| Dec 31, 2011 | 1.21 Mn |
| Sep 30, 2011 | 1.24 Mn |
| Jun 30, 2011 | 1.16 Mn |
| Dec 31, 2010 | 1.23 Mn |
| Sep 30, 2010 | 1.20 Mn |
| Jun 30, 2010 | 1.18 Mn |