Galileo Tech Ltd (GLTC) - Net Assets

Latest as of December 2023: ILA-3.50 Million ILA ≈ $-9.38K USD

Based on the latest financial reports, Galileo Tech Ltd (GLTC) has net assets worth ILA-3.50 Million ILA (≈ $-9.38K USD) 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 ≈ $579.09 USD) and total liabilities (ILA3.71 Million ≈ $9.96K USD). 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. Read Galileo Tech Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

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. Also explore total assets of Galileo Tech Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see GLTC market cap overview.

Year	Net Assets	Change
2023-12-31	ILA-3.50 Million ≈ $-9.38K	-170.23%
2022-12-31	ILA4.98 Million ≈ $13.36K	-69.97%
2021-12-31	ILA16.59 Million ≈ $44.47K	+1083.34%
2020-12-31	ILA-1.69 Million ≈ $-4.52K	+42.81%
2019-12-31	ILA-2.95 Million ≈ $-7.91K	-584.45%
2018-12-31	ILA-431.00K ≈ $-1.16K	+97.98%
2017-12-31	ILA-21.31 Million ≈ $-57.13K	-2.40%
2016-12-31	ILA-20.81 Million ≈ $-55.79K	-40.49%
2015-12-31	ILA-14.81 Million ≈ $-39.71K	--

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
Character Group LSE:CCT	$527.65K
BlackRock Income and Growth Investment Trust plc LSE:BRIG	$528.89K
Cobra Resources PLC LSE:COBR	$529.50K
Bharatiya Global Infomedia Limited NSE:BGLOBAL	$531.15K
Blencowe Resources Plc LSE:BRES	$525.76K
Water Intelligence plc LSE:WATR	$525.38K
Medivie Therapeutic Ltd TA:MDVI	$524.49K
Keramika Indonesia Assosiasi JK:KIAS	$522.97K

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	ILA124.10	x
2018-12-31	ILA-0.02	ILA124.10	x
2019-12-31	ILA-0.14	ILA124.10	x
2020-12-31	ILA-0.06	ILA124.10	x
2021-12-31	ILA0.44	ILA124.10	x
2022-12-31	ILA0.12	ILA124.10	x
2023-12-31	ILA-0.08	ILA124.10	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: $599,952,000
Average return on equity (ROE) among peers: 41.40%

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	$526.20K
Veridis Environment Ltd (VRDS)	$599.95 Million	41.40%	1.59x	$1.72 Billion

About Galileo Tech Ltd

TA:GLTC Israel Waste Management

Market Cap

$1.37 Million

ILA511.92 Million ILA

Market Cap Rank

#30520 Global

#456 in Israel

Share Price

ILA124.10

Change (1 day)

-14.41%

52-Week Range

ILA88.20 - ILA230.00

All Time High

ILA455.00