Galecto Financial Statements From 2010 to 2025

GLTO Stock  USD 4.08  0.03  0.74%   
Galecto financial statements provide useful quarterly and yearly information to potential Galecto investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Galecto financial statements helps investors assess Galecto's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Galecto's valuation are summarized below:
Market Capitalization
5.3 M
Earnings Share
(19.11)
We have found one hundred twenty available fundamental trends for Galecto, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Galecto's regular fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.
Check Galecto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Galecto's main balance sheet or income statement drivers, such as Net Interest Income of 2 M, Depreciation And Amortization of 530.8 K or Interest Expense of 617.9 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.65. Galecto financial statements analysis is a perfect complement when working with Galecto Valuation or Volatility modules.
  
Check out the analysis of Galecto Correlation against competitors.
To learn how to invest in Galecto Stock, please use our How to Invest in Galecto guide.

Galecto Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets41.8 M44 M54 M
Slightly volatile
Other Current Liabilities3.5 M4.5 M3.2 M
Slightly volatile
Total Current Liabilities7.2 M6.7 M5.6 M
Slightly volatile
Total Stockholder Equity27.6 M29.1 M47.4 M
Slightly volatile
Accounts Payable2.6 MM1.9 M
Slightly volatile
Cash18.4 M19.3 M38 M
Very volatile
Non Current Assets Total1.6 M1.7 M1.9 M
Slightly volatile
Non Currrent Assets Other1.3 M1.3 M668.7 K
Slightly volatile
Cash And Short Term Investments73.2 M38.1 M47.4 M
Slightly volatile
Net Receivables1.5 M1.5 M3.8 M
Pretty Stable
Common Stock Shares Outstanding908.8 K956.6 KM
Slightly volatile
Liabilities And Stockholders Equity41.8 M44 M54 M
Slightly volatile
Inventory0.860.92.7 M
Slightly volatile
Other Current Assets2.9 M2.2 M1.3 M
Slightly volatile
Other Stockholder Equity203.9 M331.2 M103.4 M
Slightly volatile
Total Liabilities7.5 M6.8 M5.7 M
Slightly volatile
Total Current Assets62.8 M33.1 M52.9 M
Slightly volatile
Net Working Capital26.5 M27.8 M45.6 M
Pretty Stable
Short and Long Term Debt Total212.9 K224.1 K389.5 K
Pretty Stable
Property Plant And Equipment Net355.1 K373.8 K445.2 K
Slightly volatile
Current Deferred Revenue2.3 MM3.6 M
Slightly volatile
Property Plant And Equipment Gross386.7 K407.1 K456.2 K
Slightly volatile
Short Term Debt334.2 K210.4 K177.9 K
Slightly volatile
Property Plant Equipment708.7 K410.6 K421 K
Slightly volatile
Capital Surpluse223.8 M251.8 M274.5 M
Slightly volatile
Non Current Liabilities Other262.4 K295.2 K321.9 K
Slightly volatile

Galecto Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization530.8 K747 K332.7 K
Slightly volatile
Selling General Administrative9.8 M14.6 M6.3 M
Slightly volatile
Other Operating Expenses43.2 M41.9 M26.5 M
Slightly volatile
Research Development33.3 M27.3 M20.2 M
Slightly volatile
Total Operating Expenses43 M41 M26.4 M
Slightly volatile
Cost Of RevenueM954.5 K313.5 K
Slightly volatile
Selling And Marketing Expenses664 K747 K814.4 K
Slightly volatile

Galecto Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Borrowings6.8 M7.7 M8.4 M
Slightly volatile
Stock Based Compensation6.6 M6.2 M1.9 M
Slightly volatile
Begin Period Cash Flow55.7 M37.7 M25.8 M
Slightly volatile
DepreciationM954.5 K313.5 K
Slightly volatile
Capital Expenditures71 K74.7 K193.8 K
Slightly volatile
Issuance Of Capital Stock2.5 M2.6 M34.5 M
Pretty Stable
Total Cash From Financing Activities2.5 M2.6 M48.1 M
Pretty Stable
End Period Cash Flow18.4 M19.3 M38.1 M
Very volatile
Change To Netincome4.8 M5.1 M4.4 M
Slightly volatile
Sale Purchase Of Stock405.6 K456.3 K497.5 K
Slightly volatile
Cash Flows Other Operating4.8 M5.4 M5.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
PTB Ratio0.650.687.8015
Slightly volatile
Book Value Per Share33.2334.9847.3768
Slightly volatile
Capex To Depreciation0.50.460.4893
Slightly volatile
PB Ratio0.650.687.8015
Slightly volatile
Inventory Turnover0.210.20.0809
Slightly volatile
Days Of Inventory On Hand5.0E-45.0E-47.8 K
Slightly volatile
Payables Turnover0.460.440.1388
Slightly volatile
Average Inventory902 KM1.1 M
Slightly volatile
Cash Per Share52.4128.0744.8234
Slightly volatile
Days Payables Outstanding8188617.6 K
Slightly volatile
Income Quality0.690.870.8513
Very volatile
Net Debt To EBITDA0.620.651.8862
Slightly volatile
Current Ratio6.897.259.9202
Pretty Stable
Tangible Book Value Per Share33.2334.9847.3768
Slightly volatile
Shareholders Equity Per Share33.2334.9847.3768
Slightly volatile
Debt To Equity0.00630.00690.0068
Slightly volatile
Capex Per Share0.230.220.2177
Slightly volatile
Graham Net Net29.3430.8842.8361
Pretty Stable
Interest Debt Per Share0.260.271.8922
Slightly volatile
Debt To Assets0.00560.00590.0059
Slightly volatile
Operating Cycle5.0E-45.0E-47.8 K
Slightly volatile
Price Book Value Ratio0.650.687.8015
Slightly volatile
Days Of Payables Outstanding8188617.6 K
Slightly volatile
Ebt Per Ebit1.131.111.1398
Slightly volatile
Company Equity Multiplier0.91.061.1175
Slightly volatile
Total Debt To Capitalization0.00630.00690.0067
Slightly volatile
Debt Equity Ratio0.00630.00690.0068
Slightly volatile
Quick Ratio14.337.259.8332
Slightly volatile
Net Income Per E B T1.121.161.0527
Pretty Stable
Cash Ratio4.024.237.6388
Very volatile
Days Of Inventory Outstanding5.0E-45.0E-47.8 K
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.80.90.985
Slightly volatile
Price To Book Ratio0.650.687.8015
Slightly volatile
Debt Ratio0.00560.00590.0059
Slightly volatile
Price Fair Value0.650.687.8015
Slightly volatile

Galecto Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap83.6 M88 M242.3 M
Slightly volatile
Enterprise Value16.2 M17.1 M110.3 M
Slightly volatile

Galecto Fundamental Market Drivers

Cash And Short Term Investments33.2 M

Galecto Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
26th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Galecto Financial Statements

Galecto investors utilize fundamental indicators, such as revenue or net income, to predict how Galecto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred RevenueM2.3 M
Cost Of Revenue954.5 KM

Pair Trading with Galecto

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Galecto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Galecto will appreciate offsetting losses from the drop in the long position's value.

Moving together with Galecto Stock

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Moving against Galecto Stock

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The ability to find closely correlated positions to Galecto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galecto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Galecto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Galecto to buy it.
The correlation of Galecto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Galecto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galecto moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Galecto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Galecto offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Galecto's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Galecto Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Galecto Stock:
Check out the analysis of Galecto Correlation against competitors.
To learn how to invest in Galecto Stock, please use our How to Invest in Galecto guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Galecto. If investors know Galecto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Galecto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.11)
Return On Assets
(0.34)
Return On Equity
(0.73)
The market value of Galecto is measured differently than its book value, which is the value of Galecto that is recorded on the company's balance sheet. Investors also form their own opinion of Galecto's value that differs from its market value or its book value, called intrinsic value, which is Galecto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Galecto's market value can be influenced by many factors that don't directly affect Galecto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Galecto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galecto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galecto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.