Globalstar Inc
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. I… Read more
Globalstar Inc (GSAT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.091x
Based on the latest financial reports, Globalstar Inc (GSAT) has a cash flow conversion efficiency ratio of 0.091x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($36.00 Million) by net assets ($394.09 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Globalstar Inc - Cash Flow Conversion Efficiency Trend (2004–2023)
This chart illustrates how Globalstar Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Globalstar Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Globalstar Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Great-West Lifeco Inc 4.50% Non-Cum 1st Pfd Shs Ser I
PINK:GRWTF
|
-0.010x |
|
MIRUM PHARMAC. DL-0001
F:08D
|
N/A |
|
Sam Chun Dang Pharm. Co. Ltd
KQ:000250
|
-0.043x |
|
Wan Hai Lines Ltd
TW:2615
|
0.054x |
|
Lifco AB (publ)
PINK:LFCBY
|
0.103x |
|
easyJet plc
OTCQX:EJTTF
|
0.069x |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
0.005x |
|
Shenzhen Kedali Industry Co Ltd
SHE:002850
|
0.039x |
Annual Cash Flow Conversion Efficiency for Globalstar Inc (2004–2023)
The table below shows the annual cash flow conversion efficiency of Globalstar Inc from 2004 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $378.98 Million | $74.34 Million | 0.196x | -3.22% |
| 2022-12-31 | $314.77 Million | $63.80 Million | 0.203x | -43.84% |
| 2021-12-31 | $365.43 Million | $131.88 Million | 0.361x | +587.29% |
| 2020-12-31 | $423.06 Million | $22.21 Million | 0.053x | +601.75% |
| 2019-12-31 | $407.34 Million | $3.05 Million | 0.007x | -54.63% |
| 2018-12-31 | $358.94 Million | $5.92 Million | 0.016x | -65.34% |
| 2017-12-31 | $291.22 Million | $13.86 Million | 0.048x | -12.63% |
| 2016-12-31 | $161.82 Million | $8.81 Million | 0.054x | +497.35% |
| 2015-12-31 | $237.13 Million | $2.16 Million | 0.009x | -81.93% |
| 2014-12-31 | $78.92 Million | $3.98 Million | 0.050x | +191.15% |
| 2013-12-31 | $116.75 Million | $-6.46 Million | -0.055x | -498.19% |
| 2012-12-31 | $494.54 Million | $6.87 Million | 0.014x | +234.83% |
| 2011-12-31 | $533.79 Million | $-5.50 Million | -0.010x | +76.35% |
| 2010-12-31 | $535.42 Million | $-23.34 Million | -0.044x | -38.92% |
| 2009-12-31 | $587.15 Million | $-18.42 Million | -0.031x | +58.10% |
| 2008-12-31 | $408.42 Million | $-30.59 Million | -0.075x | -296.00% |
| 2007-12-31 | $405.54 Million | $-7.67 Million | -0.019x | -133.83% |
| 2006-12-31 | $260.70 Million | $14.57 Million | 0.056x | -70.85% |
| 2005-12-31 | $71.43 Million | $13.69 Million | 0.192x | +259.81% |
| 2004-12-31 | $40.42 Million | $-4.85 Million | -0.120x | -- |