Galmed Pharmaceuticals (GLMD)

Net assets on the balance sheet as of June 2024 : A$17.67 M

According to Galmed Pharmaceuticals 's latest financial reports the company has A$17.67 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Galmed Pharmaceuticals - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$19.72 M	-52.97%
2021-12-31	$A$41.94 M	-26.8%
2020-12-31	$A$57.29 M	-42.34%
2019-12-31	$A$99.36 M	-20.33%
2018-12-31	$A$0.12 B	516.46%
2017-12-31	$A$20.23 M	31.68%
2016-12-31	$A$15.36 M	-48.05%
2015-12-31	$A$29.57 M	-22.77%
2014-12-31	$A$38.3 M	-1851%
2013-12-31	$-A$2.19 M	14.6%
2012-12-31	$-A$1.91 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Catalent CTLT	A$5.40 B	30,476.06%	🇺🇸 USA
Endo International ENDPQ	-A$9.9 B	-56,073.19%	🇮🇪 Ireland
Aerie Pharmaceuticals AERI	-A$0.25 B	-1,491.21%	🇺🇸 USA
Evoke Pharma EVOK	A$3.99 M	-77.39%	🇺🇸 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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Galmed Pharmaceuticals (GLMD) - Net assets

Net assets on the balance sheet as of June 2024 : A$17.67 M