Globalstar GSAT Consolidation Eliminations — CapEx
Discontinued — last reported Q1 '18
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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.