Galectin Historical Balance Sheet

GALT Stock  USD 1.15  0.28  32.18%   
Trend analysis of Galectin Therapeutics balance sheet accounts such as Other Current Liabilities of 9.7 M or Total Current Liabilities of 16.5 M provides information on Galectin Therapeutics' total assets, liabilities, and equity, which is the actual value of Galectin Therapeutics to its prevalent stockholders. By breaking down trends over time using Galectin Therapeutics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Galectin Therapeutics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Galectin Therapeutics is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galectin Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Galectin Stock please use our How to Invest in Galectin Therapeutics guide.

About Galectin Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Galectin Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Galectin Therapeutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Galectin Therapeutics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Galectin currently owns. An asset can also be divided into two categories, current and non-current.

Galectin Therapeutics Balance Sheet Chart

At this time, Galectin Therapeutics' Other Stockholder Equity is comparatively stable compared to the past year. Total Liabilities is likely to gain to about 92.9 M in 2024, despite the fact that Retained Earnings are likely to grow to (336.7 M).

Total Assets

Total assets refers to the total amount of Galectin Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Galectin Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Galectin Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Galectin Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Galectin Therapeutics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Galectin Therapeutics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galectin Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Galectin Stock please use our How to Invest in Galectin Therapeutics guide.At this time, Galectin Therapeutics' Other Stockholder Equity is comparatively stable compared to the past year. Total Liabilities is likely to gain to about 92.9 M in 2024, despite the fact that Retained Earnings are likely to grow to (336.7 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total29.1M39.9M71.8M75.4M
Total Assets41.8M21.3M28.2M14.9M

Galectin Therapeutics balance sheet Correlations

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0.25-0.89-0.8-0.84-0.990.55-0.830.28-0.7-0.650.28-0.21-0.39-0.36-0.890.26-0.11-0.22-0.02-0.18-0.17-0.050.310.03-0.91
-0.320.870.770.8-0.99-0.520.8-0.360.680.63-0.350.170.360.330.86-0.330.180.180.010.130.160.04-0.26-0.030.88
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0.250.970.890.96-0.830.8-0.830.220.770.730.220.540.720.730.970.24-0.040.560.050.090.410.12-0.26-0.340.95
1.00.140.210.220.28-0.36-0.460.220.010.031.00.640.550.60.161.0-0.510.640.020.160.490.08-0.02-0.440.11
0.050.720.740.77-0.70.68-0.730.770.011.00.010.550.660.630.720.030.060.570.510.350.230.57-0.12-0.250.69
0.070.670.720.75-0.650.63-0.730.730.031.00.030.580.680.650.680.060.040.60.570.40.250.63-0.09-0.260.65
1.00.150.210.220.28-0.35-0.460.221.00.010.030.640.560.60.171.0-0.510.640.020.160.490.08-0.02-0.440.12
0.680.490.660.63-0.210.17-0.870.540.640.550.580.640.920.910.50.67-0.391.00.340.470.710.460.02-0.550.42
0.590.670.810.8-0.390.36-0.970.720.550.660.680.560.920.990.690.59-0.420.940.270.450.760.4-0.1-0.590.61
0.630.670.790.78-0.360.33-0.970.730.60.630.650.60.910.990.680.62-0.460.930.270.380.710.4-0.17-0.650.6
0.21.00.930.97-0.890.86-0.80.970.160.720.680.170.50.690.680.19-0.110.520.010.230.450.07-0.31-0.250.99
1.00.170.250.250.26-0.33-0.490.241.00.030.061.00.670.590.620.19-0.510.670.030.190.530.09-0.03-0.450.14
-0.51-0.08-0.28-0.18-0.110.180.39-0.04-0.510.060.04-0.51-0.39-0.42-0.46-0.11-0.51-0.420.04-0.49-0.41-0.020.550.47-0.06
0.680.510.690.65-0.220.18-0.890.560.640.570.60.641.00.940.930.520.67-0.420.360.510.740.480.01-0.560.44
0.040.00.180.13-0.020.01-0.270.050.020.510.570.020.340.270.270.010.030.040.360.45-0.020.97-0.02-0.22-0.04
0.20.190.470.33-0.180.13-0.40.090.160.350.40.160.470.450.380.230.19-0.490.510.450.520.51-0.15-0.140.19
0.530.420.640.56-0.170.16-0.670.410.490.230.250.490.710.760.710.450.53-0.410.74-0.020.520.09-0.08-0.340.36
0.10.070.260.21-0.050.04-0.380.120.080.570.630.080.460.40.40.070.09-0.020.480.970.510.090.08-0.270.02
-0.03-0.28-0.35-0.320.31-0.260.24-0.26-0.02-0.12-0.09-0.020.02-0.1-0.17-0.31-0.030.550.01-0.02-0.15-0.080.080.32-0.29
-0.46-0.27-0.35-0.350.03-0.030.6-0.34-0.44-0.25-0.26-0.44-0.55-0.59-0.65-0.25-0.450.47-0.56-0.22-0.14-0.34-0.270.32-0.2
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Galectin Therapeutics Account Relationship Matchups

Galectin Therapeutics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets48.5M29.6M41.8M21.3M28.2M14.9M
Other Current Liab1.1M4.1M7.2M9.1M9.2M9.7M
Total Current Liabilities2.8M5.4M9.0M13.0M15.7M16.5M
Total Stockholder Equity45.6M29.6M893K(33.9M)(60.2M)(57.2M)
Net Debt(47.4M)(27.1M)(10.6M)21.3M46.1M48.5M
Retained Earnings(216.4M)(240.0M)(270.7M)(309.6M)(354.4M)(336.7M)
Accounts Payable1.7M1.3M1.8M3.9M6.4M6.8M
Cash47.5M27.1M39.6M18.6M25.7M13.8M
Non Current Assets Total258K135K7K733K490K514.5K
Non Currrent Assets Other258K135K7K733K437K458.9K
Cash And Short Term Investments47.5M27.1M39.6M18.6M25.7M14.0M
Common Stock Shares Outstanding52.2M57.0M58.5M59.4M60.2M63.2M
Liabilities And Stockholders Equity48.5M29.6M41.8M21.3M28.2M14.9M
Other Stockholder Equity259.7M261.9M271.0M275.1M293.6M308.2M
Total Liab2.9M5.4M40.9M55.2M88.4M92.9M
Total Current Assets48.2M29.5M41.8M20.6M27.7M14.7M
Common Stock36K41K56K59K61K39.3K
Property Plant And Equipment Net258K135K7K733K53K50.4K
Other Current Assets729K4.6M4.3M2.0M2.1M2.2M
Non Current Liabilities Total52K(5.4M)31.9M42.2M72.8M76.4M
Retained Earnings Total Equity(181.2M)(196.2M)(216.4M)(240.0M)(216.0M)(226.8M)
Net Tangible Assets45.1M21.9M366K(34.4M)(31.0M)(29.4M)
Capital Surpluse173.4M194.1M259.7M261.9M301.2M200.2M
Net Invested Capital43.3M21.9M29.4M5.4M9.3M15.6M
Net Working Capital45.4M24.1M32.8M7.5M12.0M20.3M

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Additional Tools for Galectin Stock Analysis

When running Galectin Therapeutics' price analysis, check to measure Galectin Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Galectin Therapeutics is operating at the current time. Most of Galectin Therapeutics' value examination focuses on studying past and present price action to predict the probability of Galectin Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galectin Therapeutics' price. Additionally, you may evaluate how the addition of Galectin Therapeutics to your portfolios can decrease your overall portfolio volatility.