Globalstar, Inc. Common Stock (GSAT) - Net Assets
Based on the latest financial reports, Globalstar, Inc. Common Stock (GSAT) has net assets worth $355.73 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.33 Billion) and total liabilities ($1.97 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check GSAT financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $355.73 Million |
| % of Total Assets | 15.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.65% |
| 10-Year Change | 119.83% |
| Growth Volatility | 75.77 |
Globalstar, Inc. Common Stock - Net Assets Trend (2001–2025)
This chart illustrates how Globalstar, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore GSAT total asset value for the complete picture of this company's asset base.
Annual Net Assets for Globalstar, Inc. Common Stock (2001–2025)
The table below shows the annual net assets of Globalstar, Inc. Common Stock from 2001 to 2025. For live valuation and market cap data, see GSAT market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $355.73 Million | -0.88% |
| 2024-12-31 | $358.88 Million | -5.30% |
| 2023-12-31 | $378.98 Million | +20.40% |
| 2022-12-31 | $314.77 Million | -13.86% |
| 2021-12-31 | $365.43 Million | -13.62% |
| 2020-12-31 | $423.06 Million | +3.86% |
| 2019-12-31 | $407.34 Million | +13.48% |
| 2018-12-31 | $358.94 Million | +23.25% |
| 2017-12-31 | $291.22 Million | +79.97% |
| 2016-12-31 | $161.82 Million | -31.76% |
| 2015-12-31 | $237.13 Million | +200.49% |
| 2014-12-31 | $78.92 Million | -32.41% |
| 2013-12-31 | $116.75 Million | -76.39% |
| 2012-12-31 | $494.54 Million | -7.35% |
| 2011-12-31 | $533.79 Million | -0.30% |
| 2010-12-31 | $535.42 Million | -8.81% |
| 2009-12-31 | $587.15 Million | +43.76% |
| 2008-12-31 | $408.42 Million | +0.71% |
| 2007-12-31 | $405.54 Million | +55.56% |
| 2006-12-31 | $260.70 Million | +264.97% |
| 2005-12-31 | $71.43 Million | +76.72% |
| 2004-12-31 | $40.42 Million | +101.18% |
| 2003-12-31 | $-3.42 Billion | -8.40% |
| 2002-12-31 | $-3.15 Billion | -5.10% |
| 2001-12-31 | $-3.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Globalstar, Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 213679700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.00% |
| Other Comprehensive Income | $3.29 Million | 0.92% |
| Other Components | $2.49 Billion | 699.75% |
| Total Equity | $355.73 Million | 100.00% |
Globalstar, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Globalstar, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Finning International Inc.
TO:FTT
|
$9.41 Billion |
|
Boston Properties Inc
NYSE:BXP
|
$9.41 Billion |
|
WISETECH GLOBAL USP.ADRS
F:17W0
|
$9.42 Billion |
|
Chongqing Rural Commercial Bank Co
SHG:601077
|
$9.42 Billion |
|
ISUZU MOTORS LTD ADR
F:ISUA
|
$9.40 Billion |
|
MISC Bhd
KLSE:3816
|
$9.38 Billion |
|
Old National Bancorp
NASDAQ:ONB
|
$9.38 Billion |
|
China Zheshang Bank Co Ltd
SHG:601916
|
$9.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Globalstar, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 358,883,000 to 355,729,000, a change of -3,154,000 (-0.9%).
- Net loss of 8,651,000 reduced equity.
- Dividend payments of 10,605,000 reduced retained earnings.
- New share issuances of 1,878,000 increased equity.
- Other comprehensive income decreased equity by 10,166,000.
- Other factors increased equity by 24,390,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.65 Million | -2.43% |
| Dividends Paid | $10.61 Million | -2.98% |
| Share Issuances | $1.88 Million | +0.53% |
| Other Comprehensive Income | $-10.17 Million | -2.86% |
| Other Changes | $24.39 Million | +6.86% |
| Total Change | $- | -0.88% |
Book Value vs Market Value Analysis
This analysis compares Globalstar, Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 29.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $-478.90 | $81.70 | x |
| 2002-12-31 | $-503.32 | $81.70 | x |
| 2003-12-31 | $-545.59 | $81.70 | x |
| 2004-12-31 | $6.69 | $81.70 | x |
| 2005-12-31 | $11.64 | $81.70 | x |
| 2006-12-31 | $40.69 | $81.70 | x |
| 2007-12-31 | $52.55 | $81.70 | x |
| 2008-12-31 | $47.27 | $81.70 | x |
| 2009-12-31 | $40.37 | $81.70 | x |
| 2010-12-31 | $18.77 | $81.70 | x |
| 2011-12-31 | $1.78 | $81.70 | x |
| 2012-12-31 | $12.73 | $81.70 | x |
| 2013-12-31 | $1.90 | $81.70 | x |
| 2014-12-31 | $0.84 | $81.70 | x |
| 2015-12-31 | $1.93 | $81.70 | x |
| 2016-12-31 | $1.52 | $81.70 | x |
| 2017-12-31 | $2.50 | $81.70 | x |
| 2018-12-31 | $2.83 | $81.70 | x |
| 2019-12-31 | $2.46 | $81.70 | x |
| 2020-12-31 | $2.58 | $81.70 | x |
| 2021-12-31 | $2.07 | $81.70 | x |
| 2022-12-31 | $1.75 | $81.70 | x |
| 2023-12-31 | $2.07 | $81.70 | x |
| 2024-12-31 | $2.85 | $81.70 | x |
| 2025-12-31 | $2.81 | $81.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Globalstar, Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.17%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 6.54x
- Recent ROE (-2.43%) is above the historical average (-55.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -8986.74% | 0.01x | 0.00x | $-275.74 Million |
| 2002 | 0.00% | -608.62% | 0.08x | 0.00x | $165.10 Million |
| 2003 | 0.00% | -442.52% | 1.25x | 0.00x | $75.12 Million |
| 2004 | 0.92% | 0.44% | 1.32x | 1.58x | $-3.67 Million |
| 2005 | 26.21% | 14.72% | 1.12x | 1.59x | $11.58 Million |
| 2006 | 9.06% | 17.28% | 0.41x | 1.27x | $-2.45 Million |
| 2007 | -6.89% | -28.38% | 0.19x | 1.26x | $-68.48 Million |
| 2008 | -16.65% | -79.03% | 0.11x | 1.97x | $-108.85 Million |
| 2009 | -12.76% | -116.56% | 0.05x | 2.14x | $-133.64 Million |
| 2010 | -18.20% | -143.46% | 0.05x | 2.59x | $-151.01 Million |
| 2011 | -10.29% | -75.42% | 0.05x | 2.66x | $-108.30 Million |
| 2012 | -22.69% | -147.01% | 0.05x | 2.84x | $-161.65 Million |
| 2013 | -506.29% | -714.68% | 0.06x | 11.76x | $-602.79 Million |
| 2014 | -586.53% | -513.93% | 0.07x | 16.07x | $-470.76 Million |
| 2015 | 30.50% | 79.92% | 0.07x | 5.20x | $48.61 Million |
| 2016 | -81.97% | -136.94% | 0.09x | 7.00x | $-148.83 Million |
| 2017 | -30.59% | -79.06% | 0.10x | 3.88x | $-118.20 Million |
| 2018 | -1.82% | -5.01% | 0.12x | 2.91x | $-42.41 Million |
| 2019 | 3.76% | 11.63% | 0.14x | 2.37x | $-25.41 Million |
| 2020 | -25.92% | -85.33% | 0.14x | 2.10x | $-151.95 Million |
| 2021 | -30.82% | -90.61% | 0.15x | 2.23x | $-149.17 Million |
| 2022 | -81.62% | -173.00% | 0.18x | 2.65x | $-288.39 Million |
| 2023 | -6.52% | -11.04% | 0.24x | 2.44x | $-62.62 Million |
| 2024 | -17.60% | -25.23% | 0.15x | 4.77x | $-99.05 Million |
| 2025 | -2.43% | -3.17% | 0.12x | 6.54x | $-44.22 Million |
Industry Comparison
This section compares Globalstar, Inc. Common Stock's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $84,013,623,558
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globalstar, Inc. Common Stock (GSAT) | $355.73 Million | 0.00% | 5.54x | $9.40 Billion |
| Array Digital Infrastructure, Inc. (AD) | $2.57 Billion | 11.30% | 0.92x | $2.63 Billion |
| America Movil SAB de CV ADR (AMX) | $428.37 Billion | 18.13% | 3.21x | $71.77 Billion |
| Anterix Inc (ATEX) | $-4.21 Million | 0.00% | 0.00x | $703.61 Million |
| ATN International Inc (ATNI) | $808.72 Million | 1.55% | 0.48x | $365.41 Million |
| Altice USA Inc (ATUS) | $-5.03 Billion | 0.00% | 0.00x | $502.28 Million |
| Cable One Inc (CABO) | $1.74 Billion | 12.27% | 2.96x | $425.47 Million |
| Cogent Communications Group Inc (CCOI) | $-149.00 Million | 0.00% | 0.00x | $1.14 Billion |
| Chunghwa Telecom Co Ltd (CHT) | $373.04 Billion | 12.62% | 0.19x | $33.47 Billion |
| Charter Communications Inc (CHTR) | $38.81 Billion | 4.30% | 2.82x | $21.41 Billion |
| Comcast Corp (CMCSA) | $-21.70 Million | 0.00% | 0.00x | $97.57 Billion |
About Globalstar, Inc. Common Stock
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data tran… Read more