Galectin Historical Income Statement
GALT Stock | USD 2.84 0.07 2.53% |
Historical analysis of Galectin Therapeutics income statement accounts such as Selling General Administrative of 5.3 M or Other Operating Expenses of 40 M can show how well Galectin Therapeutics performed in making a profits. Evaluating Galectin Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Galectin Therapeutics's future profits or losses.
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.
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About Galectin Income Statement Analysis
Galectin Therapeutics Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Galectin Therapeutics shareholders. The income statement also shows Galectin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Galectin Therapeutics Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Galectin Therapeutics. It is also known as Galectin Therapeutics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Galectin Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 2.7 M in 2024, despite the fact that EBIT is likely to grow to (36.4 M).
Galectin Therapeutics income statement Correlations
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Galectin Therapeutics Account Relationship Matchups
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Galectin Therapeutics income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 266K | 36K | 41K | 32K | 38.1M | 40.0M | |
Selling General Administrative | 6.0M | 5.5M | 6.4M | 6.6M | 5.9M | 5.3M | |
Other Operating Expenses | 13.4M | 23.4M | 30.2M | 38.4M | 38.1M | 40.0M | |
Operating Income | (13.4M) | (23.4M) | (30.2M) | (38.4M) | (38.1M) | (36.2M) | |
Ebit | (13.4M) | (23.4M) | (30.0M) | (37.7M) | (38.3M) | (36.4M) | |
Research Development | 7.5M | 18.0M | 23.8M | 31.7M | 32.1M | 33.7M | |
Ebitda | (13.2M) | (23.3M) | (30.0M) | (37.7M) | (202K) | (212.1K) | |
Total Operating Expenses | 13.4M | 23.4M | 30.2M | 38.4M | 38.1M | 40.0M | |
Income Before Tax | (13.3M) | (23.5M) | (30.5M) | (38.8M) | (41.1M) | (39.0M) | |
Total Other Income Expense Net | 144K | (21K) | (348K) | (424K) | (3.0M) | (2.8M) | |
Net Income | (13.4M) | (23.5M) | (31.0M) | (39.2M) | (41.1M) | (39.0M) | |
Income Tax Expense | 87K | 51K | 448K | 424K | (3.0M) | (2.8M) | |
Gross Profit | (35K) | (36K) | (41K) | (32K) | (33K) | (34.7K) | |
Cost Of Revenue | 35K | 36K | 41K | 32K | 33K | 31.4K | |
Preferred Stock And Other Adjustments | 1.2M | 1.1M | 263K | 137K | 123.3K | 117.1K | |
Net Income From Continuing Ops | (13.3M) | (23.5M) | (30.5M) | (38.8M) | (41.7M) | (39.6M) | |
Non Operating Income Net Other | 24K | 38K | 231K | 66K | 75.9K | 79.7K | |
Net Income Applicable To Common Shares | (20.2M) | (23.6M) | (30.7M) | (38.9M) | (35.0M) | (36.7M) | |
Interest Income | 38K | 231K | 66K | 3K | 186K | 195.3K | |
Net Interest Income | 144K | (21K) | (486K) | (981K) | (2.1M) | (2.0M) | |
Reconciled Depreciation | 35K | 36K | 41K | 32K | 36.8K | 27.8K |
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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.