Galectin Historical Balance Sheet

GALT Stock  USD 1.55  0.08  5.44%   
Trend analysis of Galectin Therapeutics balance sheet accounts such as Other Current Liabilities of 11.1 M or Total Current Liabilities of 18.9 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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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' Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 31 M in 2025, whereas Common Stock Total Equity is likely to drop slightly above 35.5 K in 2025.

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.

Accounts Payable

An accounting item on the balance sheet that represents Galectin Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Galectin Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.
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' Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 31 M in 2025, whereas Common Stock Total Equity is likely to drop slightly above 35.5 K in 2025.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total39.9M71.8M82.6M86.7M
Total Assets21.3M28.2M32.4M34.1M

Galectin Therapeutics balance sheet Correlations

0.430.460.47-0.03-0.03-0.640.481.00.250.251.00.680.710.740.441.0-0.490.68-0.040.10.60.04-0.1-0.510.4
0.430.940.98-0.90.88-0.770.980.380.780.740.380.530.750.751.00.42-0.10.59-0.080.060.47-0.03-0.3-0.280.99
0.460.940.99-0.840.82-0.870.920.40.80.780.40.670.850.840.950.45-0.260.720.080.320.650.15-0.36-0.360.92
0.470.980.99-0.860.84-0.860.970.420.820.790.420.640.840.830.980.46-0.180.690.030.180.580.09-0.33-0.350.96
-0.03-0.9-0.84-0.86-0.990.59-0.850.03-0.76-0.710.03-0.3-0.51-0.49-0.9-0.01-0.07-0.370.03-0.11-0.250.020.330.06-0.91
-0.030.880.820.84-0.99-0.550.83-0.090.750.7-0.090.270.490.460.88-0.050.130.34-0.040.070.24-0.02-0.28-0.050.89
-0.64-0.77-0.87-0.860.59-0.55-0.8-0.6-0.75-0.76-0.6-0.9-0.97-0.97-0.78-0.630.41-0.92-0.23-0.35-0.7-0.330.260.6-0.73
0.480.980.920.97-0.850.83-0.80.440.820.780.440.570.790.790.980.47-0.060.62-0.04-0.020.450.01-0.28-0.330.97
1.00.380.40.420.03-0.09-0.60.440.20.21.00.650.660.70.391.0-0.490.65-0.060.080.560.02-0.08-0.490.35
0.250.780.80.82-0.760.75-0.750.820.21.00.20.590.730.710.780.230.030.620.390.250.30.45-0.16-0.270.76
0.250.740.780.79-0.710.7-0.760.780.21.00.20.610.740.710.740.240.020.640.460.30.310.52-0.13-0.280.72
1.00.380.40.420.03-0.09-0.60.441.00.20.20.650.660.70.391.0-0.490.65-0.060.080.560.02-0.08-0.490.35
0.680.530.670.64-0.30.27-0.90.570.650.590.610.650.90.880.530.68-0.381.00.290.40.720.4-0.01-0.550.47
0.710.750.850.84-0.510.49-0.970.790.660.730.740.660.90.990.760.7-0.40.920.170.330.760.3-0.14-0.570.71
0.740.750.840.83-0.490.46-0.970.790.70.710.710.70.880.990.760.73-0.430.90.180.260.720.29-0.21-0.630.7
0.441.00.950.98-0.90.88-0.780.980.390.780.740.390.530.760.760.43-0.130.6-0.080.090.49-0.02-0.32-0.270.99
1.00.420.450.46-0.01-0.05-0.630.471.00.230.241.00.680.70.730.43-0.490.68-0.050.10.590.03-0.09-0.50.39
-0.49-0.1-0.26-0.18-0.070.130.41-0.06-0.490.030.02-0.49-0.38-0.4-0.43-0.13-0.49-0.370.05-0.47-0.41-0.010.550.48-0.08
0.680.590.720.69-0.370.34-0.920.620.650.620.640.651.00.920.90.60.68-0.370.270.40.730.37-0.04-0.540.54
-0.04-0.080.080.030.03-0.04-0.23-0.04-0.060.390.46-0.060.290.170.18-0.08-0.050.050.270.46-0.050.97-0.01-0.2-0.11
0.10.060.320.18-0.110.07-0.35-0.020.080.250.30.080.40.330.260.090.1-0.470.40.460.470.52-0.13-0.120.06
0.60.470.650.58-0.250.24-0.70.450.560.30.310.560.720.760.720.490.59-0.410.73-0.050.470.06-0.11-0.350.42
0.04-0.030.150.090.02-0.02-0.330.010.020.450.520.020.40.30.29-0.020.03-0.010.370.970.520.060.1-0.26-0.06
-0.1-0.3-0.36-0.330.33-0.280.26-0.28-0.08-0.16-0.13-0.08-0.01-0.14-0.21-0.32-0.090.55-0.04-0.01-0.13-0.110.10.32-0.31
-0.51-0.28-0.36-0.350.06-0.050.6-0.33-0.49-0.27-0.28-0.49-0.55-0.57-0.63-0.27-0.50.48-0.54-0.2-0.12-0.35-0.260.32-0.22
0.40.990.920.96-0.910.89-0.730.970.350.760.720.350.470.710.70.990.39-0.080.54-0.110.060.42-0.06-0.31-0.22
Click cells to compare fundamentals

Galectin Therapeutics Account Relationship Matchups

Galectin Therapeutics balance sheet Accounts

202020212022202320242025 (projected)
Total Assets29.6M41.8M21.3M28.2M32.4M34.1M
Short Long Term Debt Total44K29.1M39.9M71.8M82.6M86.7M
Other Current Liab4.1M7.2M9.1M9.2M10.6M11.1M
Total Current Liabilities5.4M9.0M13.0M15.7M18.0M18.9M
Total Stockholder Equity29.6M893K(33.9M)(60.2M)(54.2M)(51.5M)
Net Debt(27.1M)(10.6M)21.3M46.1M41.5M43.6M
Retained Earnings(240.0M)(270.7M)(309.6M)(354.4M)(318.9M)(303.0M)
Accounts Payable1.3M1.8M3.9M6.4M7.4M7.8M
Cash27.1M39.6M18.6M25.7M29.5M31.0M
Non Current Assets Total135K7K733K490K563.5K591.7K
Non Currrent Assets Other135K7K733K437K502.6K527.7K
Cash And Short Term Investments27.1M39.6M18.6M25.7M29.5M31.0M
Common Stock Shares Outstanding57.0M58.5M59.4M60.2M69.2M72.6M
Liabilities And Stockholders Equity29.6M41.8M21.3M28.2M32.4M34.1M
Other Stockholder Equity261.9M271.0M275.1M291.8M335.6M352.4M
Total Liab5.4M40.9M55.2M88.4M101.7M106.8M
Total Current Assets29.5M41.8M20.6M27.7M31.9M33.5M
Short Term Debt44K8K40K46K41.4K39.3K
Property Plant And Equipment Net135K7K733K53K61.0K57.9K
Other Current Assets4.6M4.3M2.0M2.1M2.4M2.5M
Property Plant And Equipment Gross209K81K807K74K85.1K137.0K
Non Current Liabilities Total(5.4M)31.9M42.2M72.8M83.7M87.9M
Net Tangible Assets45.1M21.9M366K(34.4M)(31.0M)(29.4M)
Net Invested Capital21.9M29.4M5.4M9.3M10.7M15.6M
Net Working Capital24.1M32.8M7.5M12.0M13.8M20.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.