Galectin Other Current Liab vs Common Stock Analysis

GALT Stock  USD 2.84  0.07  2.53%   
Galectin Therapeutics financial indicator trend analysis is much more than just examining Galectin Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galectin Therapeutics is a good investment. Please check the relationship between Galectin Therapeutics Other Current Liab and its Common Stock accounts. 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.

Other Current Liab vs Common Stock

Other Current Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galectin Therapeutics Other Current Liab account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Galectin Therapeutics' Other Current Liab and Common Stock is 0.69. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Galectin Therapeutics, assuming nothing else is changed. The correlation between historical values of Galectin Therapeutics' Other Current Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Galectin Therapeutics are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Liab i.e., Galectin Therapeutics' Other Current Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Common Stock

Most indicators from Galectin Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.Enterprise Value is likely to gain to about 104.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.3 M in 2024.

Galectin Therapeutics fundamental ratios Correlations

0.180.260.260.25-0.32-0.50.251.00.050.071.00.680.590.630.21.0-0.510.680.040.20.530.1-0.03-0.460.14
0.180.920.97-0.890.87-0.790.970.140.720.670.150.490.670.671.00.17-0.080.510.00.190.420.07-0.28-0.270.99
0.260.920.98-0.80.77-0.890.890.210.740.720.210.660.810.790.930.25-0.280.690.180.470.640.26-0.35-0.350.89
0.260.970.98-0.840.8-0.880.960.220.770.750.220.630.80.780.970.25-0.180.650.130.330.560.21-0.32-0.350.94
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
-0.5-0.79-0.89-0.880.55-0.52-0.83-0.46-0.73-0.73-0.46-0.87-0.97-0.97-0.8-0.490.39-0.89-0.27-0.4-0.67-0.380.240.6-0.73
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
0.140.990.890.94-0.910.88-0.730.950.110.690.650.120.420.610.60.990.14-0.060.44-0.040.190.360.02-0.29-0.2
Click cells to compare fundamentals

Galectin Therapeutics Account Relationship Matchups

Galectin Therapeutics fundamental ratios 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

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.