Globalstar Debt-to-Equity Ratio Growth & History (GSAT)
Globalstar's debt-to-equity ratio was 1.54 for fiscal 2025.
View full Globalstar company overviewGlobalstar annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.54 | 0.03 | +1.69% |
| 2024 | 2024-12-31 | 1.51 | 0.47 | +45.79% |
| 2023 | 2023-12-31 | 1.04 | 0.52 | +100.57% |
| 2022 | 2022-12-31 | 0.52 | −0.22 | −30.01% |
| 2021 | 2021-12-31 | 0.74 | −0.21 | −22.04% |
| 2020 | 2020-12-31 | 0.95 | −0.23 | −19.77% |
| 2019 | 2019-12-31 | 1.18 | −0.11 | −8.63% |
| 2018 | 2018-12-31 | 1.29 | −0.47 | −26.84% |
| 2017 | 2017-12-31 | 1.77 | −1.80 | −50.45% |
| 2016 | 2016-12-31 | 3.56 | 1.11 | +45.32% |
| 2015 | 2015-12-31 | 2.45 | −5.53 | −69.30% |
| 2014 | 2014-12-31 | 7.98 | 2.25 | +39.29% |
| 2013 | 2013-12-31 | 5.73 | 4.21 | +277.47% |
| 2012 | 2012-12-31 | 1.52 | 0.16 | +11.98% |
| 2011 | 2011-12-31 | 1.36 | 0.11 | +9.26% |
| 2010 | 2010-12-31 | 1.24 | — | — |
Globalstar quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.43 | −0.09 | −5.72% |
| Q1 2026 | 2026-03-31 | 1.70 | 0.14 | +8.80% |
| Q4 2025 | 2025-12-31 | 1.54 | 0.03 | +1.69% |
| Q3 2025 | 2025-09-30 | 1.57 | 0.50 | +46.20% |
| Q2 2025 | 2025-06-30 | 1.52 | 0.42 | +37.92% |
| Q1 2025 | 2025-03-31 | 1.56 | 0.43 | +37.63% |
| Q4 2024 | 2024-12-31 | 1.51 | 0.47 | +45.79% |
| Q3 2024 | 2024-09-30 | 1.07 | 0.10 | +10.63% |
| Q2 2024 | 2024-06-30 | 1.10 | −0.06 | −5.56% |
| Q1 2024 | 2024-03-31 | 1.13 | 0.44 | +64.17% |
| Q4 2023 | 2023-12-31 | 1.04 | 0.52 | +100.57% |
| Q3 2023 | 2023-09-30 | 0.97 | −1.64 | −62.88% |
| Q2 2023 | 2023-06-30 | 1.17 | 0.29 | +33.83% |
| Q1 2023 | 2023-03-31 | 0.69 | −0.11 | −13.21% |
| Q4 2022 | 2022-12-31 | 0.52 | −0.22 | −30.01% |
| Q3 2022 | 2022-09-30 | 2.61 | 1.78 | +214.62% |
| Q2 2022 | 2022-06-30 | 0.87 | 0.04 | +5.21% |
| Q1 2022 | 2022-03-31 | 0.80 | −0.13 | −14.31% |
| Q4 2021 | 2021-12-31 | 0.74 | −0.21 | −22.04% |
| Q3 2021 | 2021-09-30 | 0.83 | −0.04 | −4.74% |
| Q2 2021 | 2021-06-30 | 0.83 | 0.01 | +1.69% |
| Q1 2021 | 2021-03-31 | 0.93 | 0.18 | +24.05% |
| Q4 2020 | 2020-12-31 | 0.95 | −0.23 | −19.77% |
| Q3 2020 | 2020-09-30 | 0.87 | −0.37 | −29.97% |
| Q2 2020 | 2020-06-30 | 0.81 | −0.47 | −36.78% |
| Q1 2020 | 2020-03-31 | 0.75 | −0.51 | −40.61% |
| Q4 2019 | 2019-12-31 | 1.18 | −0.11 | −8.63% |
| Q3 2019 | 2019-09-30 | 1.25 | −0.02 | −1.44% |
| Q2 2019 | 2019-06-30 | 1.29 | 0.01 | +0.60% |
| Q1 2019 | 2019-03-31 | 1.26 | −0.10 | −7.08% |
| Q4 2018 | 2018-12-31 | 1.29 | −0.47 | −26.84% |
| Q3 2018 | 2018-09-30 | 1.26 | −1.58 | −55.63% |
| Q2 2018 | 2018-06-30 | 1.28 | −4.94 | −79.40% |
| Q1 2018 | 2018-03-31 | 1.36 | −2.40 | −63.88% |
| Q4 2017 | 2017-12-31 | 1.77 | −1.80 | −50.45% |
| Q3 2017 | 2017-09-30 | 2.85 | 0.55 | +23.87% |
| Q2 2017 | 2017-06-30 | 6.22 | 3.96 | +175.29% |
| Q1 2017 | 2017-03-31 | 3.75 | 1.04 | +38.48% |
| Q4 2016 | 2016-12-31 | 3.56 | 1.11 | +45.32% |
| Q3 2016 | 2016-09-30 | 2.30 | −0.13 | −5.30% |
| Q2 2016 | 2016-06-30 | 2.26 | −0.55 | −19.66% |
| Q1 2016 | 2016-03-31 | 2.71 | — | — |
| Q4 2015 | 2015-12-31 | 2.45 | −5.53 | −69.30% |
| Q3 2015 | 2015-09-30 | 2.43 | — | — |
| Q2 2015 | 2015-06-30 | 2.81 | — | — |
| Q4 2014 | 2014-12-31 | 7.98 | 2.25 | +39.29% |
| Q4 2013 | 2013-12-31 | 5.73 | 4.21 | +277.47% |
| Q3 2013 | 2013-09-30 | 2.53 | 1.00 | +65.32% |
| Q2 2013 | 2013-06-30 | 1.69 | 0.28 | +19.46% |
| Q1 2013 | 2013-03-31 | 1.61 | 0.24 | +17.15% |
| Q4 2012 | 2012-12-31 | 1.52 | 0.16 | +11.98% |
| Q3 2012 | 2012-09-30 | 1.53 | 0.23 | +17.69% |
| Q2 2012 | 2012-06-30 | 1.42 | 0.13 | +10.29% |
| Q1 2012 | 2012-03-31 | 1.37 | — | — |
| Q4 2011 | 2011-12-31 | 1.36 | 0.11 | +9.26% |
| Q3 2011 | 2011-09-30 | 1.30 | — | — |
| Q2 2011 | 2011-06-30 | 1.28 | — | — |
| Q4 2010 | 2010-12-31 | 1.24 | — | — |
Globalstar debt-to-equity ratio trends
Over the last five fiscal years, Globalstar's debt-to-equity ratio increased from 0.95 to 1.54, a change of 0.59. The latest reported quarter, Q2 2026, shows 1.43.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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