Galileo Tech Ltd

TA:GLTC Israel Waste Management
Market Cap
$1.77 Million
ILA660.01 Million ILA
Market Cap Rank
#47732 Global
#466 in Israel
Share Price
ILA160.00
Change (1 day)
+0.00%
52-Week Range
ILA88.20 - ILA230.00
All Time High
ILA455.00
Categories
Companies in Israel Waste Management
About

Galileo Tech Ltd engages in the development of products for smart cities management and fintech in Israel and internationally. The company provides information and communication technologies, and IoT solutions for the purpose of managing the city's assets, including local information systems, schools, libraries, transportation systems, hospitals, power plants, water supply infrastructure, garbage… Read more

Galileo Tech Ltd (GLTC) - Net Assets

Latest net assets as of December 2023: ILA-3.50 Million ILA

Based on the latest financial reports, Galileo Tech Ltd (GLTC) has net assets worth ILA-3.50 Million ILA as of December 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA216.00K) and total liabilities (ILA3.71 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ILA-3.50 Million
% of Total Assets -1619.91%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 50.13

Galileo Tech Ltd - Net Assets Trend (2015–2023)

This chart illustrates how Galileo Tech Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Galileo Tech Ltd (2015–2023)

The table below shows the annual net assets of Galileo Tech Ltd from 2015 to 2023.

Year Net Assets Change
2023-12-31 ILA-3.50 Million -170.23%
2022-12-31 ILA4.98 Million -69.97%
2021-12-31 ILA16.59 Million +1083.34%
2020-12-31 ILA-1.69 Million +42.81%
2019-12-31 ILA-2.95 Million -584.45%
2018-12-31 ILA-431.00K +97.98%
2017-12-31 ILA-21.31 Million -2.40%
2016-12-31 ILA-20.81 Million -40.49%
2015-12-31 ILA-14.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to Galileo Tech Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 1816400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Other Components ILA48.54 Million %
Total Equity ILA-3.50 Million 100.00%

Galileo Tech Ltd Competitors by Market Cap

The table below lists competitors of Galileo Tech Ltd ranked by their market capitalization.

Company Market Cap
Arab Cotton Ginning
EGX:ACGC
 		$1.41K
CannTrust Holdings Inc
PINK:CNTTQ
 		$1.41K
HDFC Bank of Sri Lanka
CM:HDFCN0000
 		$1.41K
Sorento Capital Berhad
KLSE:0326
 		$1.42K
Zinc Media Group
LSE:ZIN
 		$1.41K
Sab Events & Governance Now Media Limited
NSE:SABEVENTS
 		$1.41K
React Group PLC
LSE:REAT
 		$1.41K
Weidai Ltd.
PINK:WEIDY
 		$1.41K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Galileo Tech Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 4,982,000 to -3,499,000, a change of -8,481,000 (-170.2%).
  • Net loss of 8,831,000 reduced equity.
  • Other factors increased equity by 350,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income ILA-8.83 Million -252.39%
Other Changes ILA350.00K +10.0%
Total Change ILA- -170.23%

Book Value vs Market Value Analysis

This analysis compares Galileo Tech Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ILA-4.33 ILA160.00 x
2018-12-31 ILA-0.02 ILA160.00 x
2019-12-31 ILA-0.14 ILA160.00 x
2020-12-31 ILA-0.06 ILA160.00 x
2021-12-31 ILA0.44 ILA160.00 x
2022-12-31 ILA0.12 ILA160.00 x
2023-12-31 ILA-0.08 ILA160.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Galileo Tech Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-28.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 0.00% -11330.77% 0.03x 0.00x ILA-20.61 Million
2016 0.00% 0.00% 0.00x 0.00x ILA-4.81 Million
2017 0.00% 0.00% 0.00x 0.00x ILA976.00K
2018 0.00% 13302.67% 2.73x 0.00x ILA20.00 Million
2019 0.00% 0.00% 0.00x 0.00x ILA-2.99 Million
2020 0.00% 0.00% 0.00x 0.00x ILA-2.91 Million
2021 -19.34% 0.00% 0.00x 1.21x ILA-4.87 Million
2022 -234.16% 0.00% 0.00x 1.53x ILA-12.16 Million
2023 0.00% 0.00% 0.00x 0.00x ILA-8.48 Million

Industry Comparison

This section compares Galileo Tech Ltd's net assets metrics with peer companies in the Waste Management industry.

Industry Context

  • Industry: Waste Management
  • Average net assets among peers: $1,858,177,000
  • Average return on equity (ROE) among peers: -4.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Galileo Tech Ltd (GLTC) ILA-3.50 Million 0.00% N/A $1.41K
Veridis Environment Ltd (VRDS) $1.86 Billion -4.38% 2.03x $13.31 Million