Galectin Therapeutics Inc Tangible Net Worth Ratio

Latest as of December 2021: 100.0%

Galectin Therapeutics Inc tangible net worth ratio. Galectin Therapeutics Inc (GALT) has a Tangible Net Worth Ratio of 100.0% as of December 2021. This metric is calculated by deducting intangible assets ($0.00) from net assets ($2.62 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Galectin Therapeutics Inc (GALT) strategic investment index to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$2.62 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$41.83 Million
USD

Tangible Net Worth Ratio of Galectin Therapeutics Inc (2000–2021)

Tangible net worth ratio of Galectin Therapeutics Inc from 2000 to 2021. This chart shows how Galectin Therapeutics Inc's Tangible Net Worth Ratio has changed across 17 annual periods from 2000 to 2021. As of December 2021, the ratio stands at 100.0%, reflecting net assets of $2.62 Million with intangible assets of $0.00 USD. See working capital position of Galectin Therapeutics Inc to evaluate short-term liquidity relative to the company's equity base.

Galectin Therapeutics Inc Tangible Net Worth Ratio by Year (2000–2021)

Galectin Therapeutics Inc tangible net worth ratio by year from 2000 to 2021. The table below presents the year-by-year Tangible Net Worth Ratio for Galectin Therapeutics Inc from 2000 to 2021, covering 17 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Galectin Therapeutics Inc (GALT) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2021 100.0% $2.62 Million $0.00 $41.83 Million ▲ +0.0 pp
2020 100.0% $24.19 Million $0.00 $29.60 Million ▲ +0.0 pp
2019 100.0% $45.59 Million $0.00 $48.47 Million ▲ +0.0 pp
2018 100.0% $6.90 Million $0.00 $9.01 Million ▲ +0.0 pp
2017 100.0% $1.19 Million $0.00 $4.16 Million ▲ +0.0 pp
2016 100.0% $12.02 Million $1.00K $15.79 Million ▲ +0.0 pp
2015 100.0% $25.05 Million $8.00K $26.41 Million ▲ +0.0 pp
2014 99.9% $27.97 Million $15.00K $29.68 Million ▲ +0.2 pp
2013 99.7% $8.23 Million $23.00K $10.71 Million ▲ +0.1 pp
2012 99.6% $7.92 Million $30.00K $9.56 Million ▲ +0.4 pp
2011 99.2% $4.40 Million $36.00K $6.61 Million ▲ +5.0 pp
2005 94.2% $3.58 Million $209.00K $4.96 Million ▼ -4.3 pp
2004 98.5% $10.11 Million $156.00K $11.11 Million ▲ +0.2 pp
2003 98.2% $7.62 Million $135.00K $8.00 Million ▲ +3.5 pp
2002 94.7% $1.62 Million $85.09K $2.28 Million ▼ -0.6 pp
2001 95.4% $1.22 Million $56.12K $1.77 Million ▲ +15.4 pp
2000 80.0% $50.00K $10.00K $230.00K —
pp = percentage points