Galectin Therapeutics (GALT) - Net assets

Net assets on the balance sheet as of June 2024 : -₹6.9 B

According to Galectin Therapeutics's latest financial reports the company has -₹6.9 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	$-₹2.67 B	-1466.52%
2021-12-31	$₹0.19 B	-88.96%
2020-12-31	$₹1.76 B	-45.57%
2019-12-31	$₹3.24 B	576.38%
2018-12-31	$₹0.47 B	529.91%
2017-12-31	$₹76.17 M	-90.67%
2016-12-31	$₹0.81 B	-50.94%
2015-12-31	$₹1.66 B	-5.99%
2014-12-31	$₹1.77 B	248.2%
2013-12-31	$₹0.50 B	17.27%
2012-12-31	$₹0.43 B	86.39%
2011-12-31	$₹0.23 B	-406.28%
2010-12-31	$-₹75.95 M	-63.5%
2009-12-31	$-₹0.21 B	792.46%
2008-12-31	$-₹23.32 M	-79.78%
2007-12-31	$-₹0.12 B	11732.86%
2006-12-31	$-₹0.98 M	-100.6%
2005-12-31	$₹0.16 B	-59.43%
2004-12-31	$₹0.39 B	14.28%
2003-12-31	$₹0.34 B	348.66%
2002-12-31	$₹77.51 M	32.12%
2001-12-31	$₹58.66 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Mirati Therapeutics MRTX	₹79.40 B	-1,252.16%	🇺🇸 USA
MannKind Corp MNKD	-₹18.95 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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