Galectin Therapeutics (GALT) - Net assets

Net assets on the balance sheet as of June 2024 : -A$0.13 B

According to Galectin Therapeutics's latest financial reports the company has -A$0.13 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Galectin Therapeutics - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$47.31 M	-1414.94%
2021-12-31	$A$3.59 M	-88.54%
2020-12-31	$A$31.39 M	-51.59%
2019-12-31	$A$64.86 M	562.65%
2018-12-31	$A$9.78 M	540.55%
2017-12-31	$A$1.52 M	-90.83%
2016-12-31	$A$16.66 M	-51.53%
2015-12-31	$A$34.38 M	0.8%
2014-12-31	$A$34.11 M	269.85%
2013-12-31	$A$9.22 M	20.79%
2012-12-31	$A$7.63 M	78.07%
2011-12-31	$A$4.28 M	-356.29%
2010-12-31	$-A$1.68 M	-66.5%
2009-12-31	$-A$5 M	635.5%
2008-12-31	$-A$0.68 M	-79.71%
2007-12-31	$-A$3.35 M	11890.41%
2006-12-31	$-A$0.03 M	-100.57%
2005-12-31	$A$4.89 M	-62.5%
2004-12-31	$A$13.05 M	27.31%
2003-12-31	$A$10.25 M	257.51%
2002-12-31	$A$2.86 M	20.42%
2001-12-31	$A$2.38 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Mirati Therapeutics MRTX	A$1.41 B	-1,252.16%	🇺🇸 USA
MannKind Corp MNKD	-A$0.34 B	174.85%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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