Is Globalstar, Inc. (GSAT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.5% / 30% | 5.4% / 30% | 0.4% / 30% | 18.8% / 5% | ✗ NOT HALAL |
| DJIM | 7.5% / 33% | 5.4% / 33% | 0.4% / 33% | 18.8% / 5% | ✗ NOT HALAL |
| MSCI | 31.7% / 33% | 22.9% / 33% | 1.6% / 33% | 18.8% / 5% | ✗ NOT HALAL |
| S&P | 7.5% / 33% | 5.4% / 33% | 0.4% / 33% | 18.8% / 5% | ✗ NOT HALAL |
| FTSE | 31.7% / 33% | 22.9% / 33% | 1.6% / 50% | 18.8% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 63.8% | |
| Operating Margin | -5.8% | |
| Net Margin | -3.2% | |
| Return on Equity (ROE) | -2.4% | |
| Return on Assets (ROA) | 0.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $622M |
| Free Cash Flow | $514M |
| Total Debt | $546M |
| Debt-to-Equity | 153.6 |
| Current Ratio | 2.4 |
| Total Assets | $2.3B |
Price & Trading
| Last Close | $60.27 |
| 50-Day MA | $60.50 |
| 200-Day MA | $46.31 |
| Avg Volume | 630K |
| Beta | 1.5 |
|
52-Week Range
$17.24
| |
About Globalstar, Inc. (GSAT)
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.
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Frequently Asked Questions
Is Globalstar, Inc. (GSAT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Globalstar, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Globalstar, Inc.'s debt ratio?
Globalstar, Inc.'s debt ratio is 7.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 31.7%.
What are Globalstar, Inc.'s key financial metrics?
Globalstar, Inc. has a market capitalization of $8.2B, and revenue of $273M. The company maintains a gross margin of 63.8% and a net margin of -3.2%. Return on equity stands at -2.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.