How do you interpret consolidation eliminations — fair value adjustment of warrants?

Reflects market-driven changes in the valuation of equity-linked instruments, impacting the consolidated balance sheet.

Globalstar GSAT Consolidation Eliminations — Fair Value Adjustment Of Warrants

Discontinued — last reported Q4 '17

Similar metrics at other companies

GMEFair Value Adjustment Of Warrants

$42.2M—

KHCConsolidation Eliminations — Proceeds From Issuance Of Warrants

$0—

EHCConsolidation Eliminations — Proceeds From Warrant Exercises

$0—

CRWVFair Value Adjustments Of Warrants And Derivatives

$0-100%

WTWConsolidation Eliminations Parent Guarantor — Proceeds From Issuance Of Common Stock

$0—

VMI

VMIConsolidation Eliminations — Common Stock Value

-$1.11B0.0%

Other financials

Income statement

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Revenue$70.1M+16.7%

Operating income$8.2M+196%

Net income-$17.4M-0.5%

EPS (diluted)-$0.160.0%

Balance sheet

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Cash & equivalents$358.4M+48.5%

Total debt$537.8M+0.2%

Total equity$342.8M-0.4%

Total assets$2.4B+37.5%

Cash flow

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Operating cash flow$35.2M-32.1%

CapEx$1.5M+30.6%

Free cash flow$33.7M-33.5%

Valuation

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Market cap$10.36B+224%

Enterprise value$10.54B+197%

P/S36.6×+24.0×

Profitability

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Gross margin91.4%—

Operating margin8.6%+7.3pp

Net margin-3.1%-1.4pp

FCF margin211.7%+32.4pp

Returns & leverage

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Return on equity-2.5%-1.2pp

Debt / equity1.6×0.0×

Current ratio1.6×-0.7×

Where this comes from

Reported directly by Globalstar in its filing.

Tagged under the XBRL concept us-gaap:FairValueAdjustmentOfWarrants.

The official record: Globalstar’s 10-K, filed February 23, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — fair value adjustment of warrants mean?: Adjustment to align the fair value of warrants across consolidated financial reports.
How do you interpret consolidation eliminations — fair value adjustment of warrants?: Reflects market-driven changes in the valuation of equity-linked instruments, impacting the consolidated balance sheet.
How does consolidation eliminations — fair value adjustment of warrants compare across companies?: Common for companies with complex capital structures involving derivative instruments.