As of June 20, 2025, Globalstar Inc (GSAT) reports a Current Ratio of 3.16.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Globalstar Inc's Current Ratio
Over recent years, Globalstar Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 3.16 |
| 2023-12-31 | 0.81 |
| 2022-12-31 | 0.41 |
| 2021-12-31 | 1.12 |
| 2020-12-31 | 0.60 |
This slight upward trend highlights how Globalstar Inc manages its short-term assets and liabilities over time.
Comparing Globalstar Inc's Current Ratio to Peers
To better understand Globalstar Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Globalstar Inc (GSAT) | 3.16 |
| CIBL Inc (CIBY) | 49.11 |
| Voip-Pal.Com Inc (VPLM) | 8.18 |
| Anterix Inc (ATEX) | 4.07 |
| Gamma Communications PLC (GAMA.L) | 2.96 |
| ORBCOMM Inc (ORBC) | 2.21 |
Compared to its competitors, Globalstar Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.