Galectin Therapeutics (GALT) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$0.65 B

According to Galectin Therapeutics's latest financial reports the company has -HK$0.65 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	$-HK$0.26 B	-1333.17%
2021-12-31	$HK$20.39 M	-89.13%
2020-12-31	$HK$0.18 B	-47.18%
2019-12-31	$HK$0.35 B	557.46%
2018-12-31	$HK$54.01 M	479.52%
2017-12-31	$HK$9.32 M	-90%
2016-12-31	$HK$93.17 M	-52.01%
2015-12-31	$HK$0.19 B	-10.55%
2014-12-31	$HK$0.21 B	240.2%
2013-12-31	$HK$63.79 M	3.96%
2012-12-31	$HK$61.36 M	79.69%
2011-12-31	$HK$34.15 M	-359.1%
2010-12-31	$-HK$13.19 M	-61.95%
2009-12-31	$-HK$34.65 M	853.05%
2008-12-31	$-HK$3.64 M	-84.07%
2007-12-31	$-HK$22.83 M	13237.22%
2006-12-31	$-HK$0.18 M	-100.62%
2005-12-31	$HK$27.78 M	-60.73%
2004-12-31	$HK$70.73 M	19.51%
2003-12-31	$HK$59.18 M	369.51%
2002-12-31	$HK$12.6 M	32.97%
2001-12-31	$HK$9.48 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Mirati Therapeutics MRTX	HK$7.37 B	-1,252.16%	🇺🇸 USA
MannKind Corp MNKD	-HK$1.76 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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