Galmed Gross Profit from 2010 to 2024

GLMD Stock  USD 2.94  0.08  2.80%   
Galmed Pharmaceuticals' Gross Profit is increasing over the years with very volatile fluctuation. Overall, Gross Profit is projected to go to about -29.4 K this year. Gross Profit is the profit Galmed Pharmaceuticals makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2012-12-31
Previous Quarter
-9 K
Current Value
-74 K
Quarterly Volatility
282.5 K
 
Yuan Drop
 
Covid
Check Galmed Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Galmed Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.1 K, Interest Expense of 10.4 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 1.1 K, Dividend Yield of 0.0 or PTB Ratio of 0.0919. Galmed financial statements analysis is a perfect complement when working with Galmed Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Galmed Pharmaceuticals Correlation against competitors.
For information on how to trade Galmed Stock refer to our How to Trade Galmed Stock guide.

Latest Galmed Pharmaceuticals' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Galmed Pharmaceuticals over the last few years. Gross profit is a required income statement account that reflects total revenue of Galmed Pharmaceuticals minus its cost of goods sold. It is profit before Galmed Pharmaceuticals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Galmed Pharmaceuticals' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Galmed Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Very volatile
   Gross Profit   
       Timeline  

Galmed Gross Profit Regression Statistics

Arithmetic Mean221,903
Geometric Mean0.00
Coefficient Of Variation264.43
Mean Deviation389,905
Median0.00
Standard Deviation586,771
Sample Variance344.3B
Range2.1M
R-Value0.02
Mean Square Error370.6B
R-Squared0.0004
Significance0.94
Slope2,674
Total Sum of Squares4.8T

Galmed Gross Profit History

2024-29.4 K
2023-31 K
2021-42 K
2020-39 K
2019-35 K
2018M
20171.1 M

Other Fundumenentals of Galmed Pharmaceuticals

Galmed Pharmaceuticals Gross Profit component correlations

1.0-0.77-0.290.580.150.490.461.00.540.080.370.880.940.6-0.60.150.930.93-0.16
1.0-0.79-0.270.530.140.440.41.00.530.080.350.890.930.59-0.590.140.930.93-0.15
-0.77-0.790.01-0.15-0.16-0.06-0.01-0.77-0.520.03-0.42-0.64-0.55-0.210.24-0.16-0.63-0.630.19
-0.29-0.270.01-0.580.54-0.45-0.43-0.25-0.15-0.8-0.27-0.64-0.22-0.860.890.54-0.11-0.08-0.63
0.580.53-0.15-0.58-0.030.880.940.570.50.240.490.530.610.63-0.66-0.030.450.440.01
0.150.14-0.160.54-0.030.130.00.180.46-0.9-0.1-0.170.21-0.240.381.00.220.25-0.95
0.490.44-0.06-0.450.880.130.840.480.440.090.410.420.550.52-0.510.130.360.37-0.11
0.460.4-0.01-0.430.940.00.840.460.310.130.360.360.540.5-0.530.00.40.4-0.04
1.01.0-0.77-0.250.570.180.480.460.550.040.350.860.950.58-0.580.180.940.94-0.19
0.540.53-0.52-0.150.50.460.440.310.55-0.240.530.390.440.2-0.20.460.370.38-0.47
0.080.080.03-0.80.24-0.90.090.130.04-0.240.20.46-0.010.59-0.65-0.9-0.05-0.090.96
0.370.35-0.42-0.270.49-0.10.410.360.350.530.20.340.170.11-0.14-0.10.060.050.07
0.880.89-0.64-0.640.53-0.170.420.360.860.390.460.340.790.84-0.84-0.170.760.740.23
0.940.93-0.55-0.220.610.210.550.540.950.44-0.010.170.790.6-0.580.210.970.97-0.23
0.60.59-0.21-0.860.63-0.240.520.50.580.20.590.110.840.6-0.96-0.240.520.50.38
-0.6-0.590.240.89-0.660.38-0.51-0.53-0.58-0.2-0.65-0.14-0.84-0.58-0.960.38-0.51-0.49-0.43
0.150.14-0.160.54-0.031.00.130.00.180.46-0.9-0.1-0.170.21-0.240.380.220.25-0.95
0.930.93-0.63-0.110.450.220.360.40.940.37-0.050.060.760.970.52-0.510.221.0-0.24
0.930.93-0.63-0.080.440.250.370.40.940.38-0.090.050.740.970.5-0.490.251.0-0.28
-0.16-0.150.19-0.630.01-0.95-0.11-0.04-0.19-0.470.960.070.23-0.230.38-0.43-0.95-0.24-0.28
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About Galmed Pharmaceuticals Financial Statements

Galmed Pharmaceuticals stakeholders use historical fundamental indicators, such as Galmed Pharmaceuticals' Gross Profit, to determine how well the company is positioned to perform in the future. Although Galmed Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Galmed Pharmaceuticals' assets and liabilities are reflected in the revenues and expenses on Galmed Pharmaceuticals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Galmed Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-31 K-29.4 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Galmed Pharmaceuticals is a strong investment it is important to analyze Galmed Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Galmed Pharmaceuticals' future performance. For an informed investment choice regarding Galmed Stock, refer to the following important reports:
Check out the analysis of Galmed Pharmaceuticals Correlation against competitors.
For information on how to trade Galmed Stock refer to our How to Trade Galmed Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Galmed Pharmaceuticals. If investors know Galmed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Galmed Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
69.72
Return On Assets
(0.29)
Return On Equity
(0.53)
The market value of Galmed Pharmaceuticals is measured differently than its book value, which is the value of Galmed that is recorded on the company's balance sheet. Investors also form their own opinion of Galmed Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Galmed Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Galmed Pharmaceuticals' market value can be influenced by many factors that don't directly affect Galmed Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Galmed Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Galmed Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galmed Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.