Skip to content

Globalstar GSAT Consolidation Eliminations — Net Income Loss

Discontinued — last reported Q1 '18

Similar metrics at other companies

APi Group logo
APGCorporate and Elimination — Net revenues
$1.98B+15.3%
Aptiv logo
APTVCorporate and Eliminations — Net Sales
-$216M-5.9%
Cleveland-Cliffs logo
CLFEliminations — Revenue
-$42M-50.0%
Barnes Group logo
BOther Eliminations — Net Sales
-$21.05M+6.7%
TKO Group Holdings logo
TKOEliminations — Revenue
-$9.44M+28.1%
Mosaic logo
MOSCorporate Eliminations And Other Segment — Equity in net earnings of nonconsolidated companies
$575K-4.2%

Other financials

Income statement

See full
Revenue$70.1M+16.7%
Operating income$8.2M+196%
Net income-$17.4M-0.5%
EPS (diluted)-$0.160.0%

Balance sheet

See full
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

See full
Operating cash flow$35.2M-32.1%
CapEx$1.5M+30.6%
Free cash flow$33.7M-33.5%

Valuation

See full
Market cap$10.36B+224%
Enterprise value$10.54B+197%
P/S36.6×+24.0×

Profitability

See full
Gross margin91.4%
Operating margin8.6%+7.3pp
Net margin-3.1%-1.4pp
FCF margin211.7%+32.4pp

Returns & leverage

See full
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:NetIncomeLoss.

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

Questions, answered.

What does consolidation eliminations — net income loss mean?
This metric reflects the accounting adjustments made to eliminate intercompany profits or losses that remain unrealized at the consolidated level. It ensures that the net income reported by the parent company reflects only transactions with external parties. It is a necessary reconciliation step in financial reporting.