Globalstar Balance Sheet
NASDAQ: GSATConsumer DiscretionaryTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Globalstar financial position
At the end of fiscal 2025, Globalstar reported total assets of $2.33 billion, up 36.0% from a year earlier against total liabilities of $1.97 billion. Shareholders' equity stood at $355.7 million, or 15.3% of assets. The company held $447.5 million in cash and equivalents against $483.8 million of debt, a net debt position of $36.3 million.
The current ratio (current assets divided by current liabilities) was 2.42, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.36.
Summary generated from market data by MetaCap's automated system. Methodology
Globalstar balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 447.47M | 391.16M | 56.74M | 32.08M | 14.30M | 13.33M | 7.61M | 15.21M | 41.64M | 10.23M |
| Receivables | 19.98M | 26.95M | 48.74M | 26.33M | 21.18M | 22.15M | 21.76M | 19.33M | 17.11M | 15.22M |
| Inventory | 9.61M | 10.74M | 14.58M | 9.26M | 13.83M | 13.74M | 16.34M | 14.27M | 7.27M | 8.09M |
| Total Current Assets | 496.73M | 447.57M | 142.65M | 81.24M | 68.87M | 68.49M | 63.26M | 122.50M | 136.41M | 38.13M |
| Property, Plant & Equipment | 1.31B | 673.63M | 624.00M | 560.37M | 672.16M | 715.91M | 799.91M | 882.70M | 971.12M | 1.04B |
| Goodwill | 30.60M | 30.60M | 30.60M | — | — | — | — | — | — | — |
| Intangible Assets | 92.30M | 85.20M | 60.65M | 30.41M | 30.99M | 27.52M | 25.21M | 25.11M | 1.97M | 1.28M |
| Total Assets | 2.33B | 1.71B | 924.31M | 738.47M | 814.11M | 888.09M | 965.59M | 1.05B | 1.13B | 1.13B |
| Accounts Payable | 56.02M | 29.68M | 2.03M | 3.84M | 6.25M | 2.92M | 8.02M | 7.00M | 6.05M | 7.50M |
| Short-Term Debt | 31.84M | 34.60M | 34.60M | 0 | 0 | 58.82M | 0 | 96.25M | 79.22M | 75.75M |
| Total Current Liabilities | 205.49M | 141.49M | 175.91M | 197.08M | 61.56M | 114.22M | 63.06M | 159.68M | 160.32M | 172.45M |
| Long-Term Debt | 451.95M | 476.82M | 325.70M | 132.12M | 237.93M | 326.59M | 464.18M | 367.20M | 434.65M | 500.52M |
| Total Liabilities | 1.97B | 1.35B | 545.33M | 423.70M | 448.68M | 465.03M | 967.27M | 686.54M | 838.04M | 970.79M |
| Shareholders' Equity | 355.73M | 358.88M | 378.98M | 314.77M | 365.43M | 423.06M | 407.34M | 358.94M | 291.22M | 161.82M |
| Retained Earnings | -2.14B | -2.13B | -2.06B | -2.04B | -1.78B | -1.67B | -1.56B | -1.57B | -1.57B | -1.48B |
| Total Debt | 483.79M | 511.42M | 360.30M | 132.12M | 237.93M | 385.41M | 464.18M | 463.45M | 513.87M | 576.28M |
| Net Cash (Debt) | -36.32M | -120.26M | -303.56M | -100.03M | -223.63M | -372.08M | -456.57M | -448.24M | -472.22M | -566.05M |
This table shows 10 annual periods of Globalstar's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow GSAT's reporting calendar. What is a balance sheet?