Galectin Therapeutics Inc (GALT) — 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. See GALT book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Galectin Therapeutics Inc Tangible Net Worth Ratio (2000–2021)
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. Also explore GALT net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Galectin Therapeutics Inc (2000–2021)
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 the full company profile including market capitalisation, see GALT stock 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 | — |