Galectin Therapeutics (GALT) - Net assets

Net assets on the balance sheet as of June 2024 : -NZ$0.14 B

According to Galectin Therapeutics's latest financial reports the company has -NZ$0.14 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	$-NZ$50.71 M	-1427.46%
2021-12-31	$NZ$3.81 M	-88.64%
2020-12-31	$NZ$33.63 M	-50.23%
2019-12-31	$NZ$67.59 M	557.57%
2018-12-31	$NZ$10.27 M	511.91%
2017-12-31	$NZ$1.67 M	-90.32%
2016-12-31	$NZ$17.34 M	-52.66%
2015-12-31	$NZ$36.63 M	2.75%
2014-12-31	$NZ$35.65 M	255.99%
2013-12-31	$NZ$10.01 M	3.73%
2012-12-31	$NZ$9.65 M	71.41%
2011-12-31	$NZ$5.63 M	-355.55%
2010-12-31	$-NZ$2.21 M	-64.42%
2009-12-31	$-NZ$6.2 M	662.09%
2008-12-31	$-NZ$0.82 M	-78.52%
2007-12-31	$-NZ$3.79 M	12017.83%
2006-12-31	$-NZ$0.04 M	-100.6%
2005-12-31	$NZ$5.24 M	-62.98%
2004-12-31	$NZ$14.16 M	20.75%
2003-12-31	$NZ$11.72 M	279.74%
2002-12-31	$NZ$3.08 M	5.48%
2001-12-31	$NZ$2.92 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Mirati Therapeutics MRTX	NZ$1.52 B	-1,252.16%	🇺🇸 USA
MannKind Corp MNKD	-NZ$0.37 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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