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Globalstar GSAT Consolidation Eliminations — CapEx

Discontinued — last reported Q1 '18

Similar metrics at other companies

Albertsons Companies logo
ACIPayments To Acquire Property, Plant, And Equipment, Excluding Payments For Lease Buyouts
$458.4M-4.9%
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CLFEliminations — Capital additions
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RGENPayments to Acquire Property, Plant, and Equipment
$4.71M+32.2%
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AYIPayments to Acquire Property, Plant, and Equipment
$15.8M+62.9%

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:PaymentsToAcquirePropertyPlantAndEquipment.

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

Questions, answered.

What does consolidation eliminations — capex mean?
This represents the elimination of intercompany payments for the acquisition of property, plant, and equipment. It ensures that consolidated capital expenditures reflect only acquisitions from external third parties. This adjustment prevents the inflation of total capital investment figures.