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Globalstar (Globalstar) Debt-to-EBITDA

: 9.06 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Globalstar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37.6 Mil. Globalstar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $354.9 Mil. Globalstar's annualized EBITDA for the quarter that ended in Dec. 2023 was $43.4 Mil. Globalstar's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.05.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Globalstar's Debt-to-EBITDA or its related term are showing as below:

GSAT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -65.2   Med: 12.57   Max: 54.61
Current: 4.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Globalstar was 54.61. The lowest was -65.20. And the median was 12.57.

GSAT's Debt-to-EBITDA is ranked worse than
78.8% of 316 companies
in the Telecommunication Services industry
Industry Median: 2.21 vs GSAT: 4.44

Globalstar Debt-to-EBITDA Historical Data

The historical data trend for Globalstar's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Globalstar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.63 10.52 8.71 5.64 4.44

Globalstar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.47 1.81 3.72 3.86 9.06

Competitive Comparison

For the Telecom Services subindustry, Globalstar's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Globalstar Debt-to-EBITDA Distribution

For the Telecommunication Services industry and Communication Services sector, Globalstar's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Globalstar's Debt-to-EBITDA falls into.



Globalstar Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Globalstar's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(37.604 + 354.944) / 88.389
=4.44

Globalstar's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(37.604 + 354.944) / 43.352
=9.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Globalstar  (AMEX:GSAT) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Globalstar Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Globalstar's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Globalstar (Globalstar) Business Description

Traded in Other Exchanges
Address
1351 Holiday Square Boulevard, Covington, LA, USA, 70433
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. The company generates the vast majority of its revenue within the United States.
Executives
James F Lynch director 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Ponder L Barbee Iv officer: General Counsel 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Rebecca Clary officer: VP & Chief Financial Officer 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
James Iii Monroe director, 10 percent owner, officer: Chief Executive Officer 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Paul E Jacobs director, officer: Chief Executive Officer
Timothy Evan Taylor director 1518 FIRST STREET, NEW ORLEANS LA 70130
Benjamin G Wolff director 2300 CARILLON POINT, KIRKLAND WA 98033
David B. Kagan officer: President & COO 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Keith O Cowan director 2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Michael J Lovett director
Kenneth M Young director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
John Kneuer director 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Anthony J Navarra officer: Pres., Global Operations 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Bell Frank John Ii officer: Pres. Global Sales & Mkting. 8144 WALNUT HILL LANE, SUITE 800, DALLAS TX 75231
Joseph F Barnett officer: VP & Chief Accounting Officer 300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433