Galecto Cash And Equivalents vs. Debt To Equity
| GLTO Stock | USD 5.30 0.21 3.81% |
For Galecto profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Galecto to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Galecto utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Galecto's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Galecto over time as well as its relative position and ranking within its peers.
Galecto |
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.
Galecto Debt To Equity vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Galecto's current stock value. Our valuation model uses many indicators to compare Galecto value to that of its competitors to determine the firm's financial worth. Galecto is rated # 3 in cash and equivalents category among its peers. It also is rated # 3 in debt to equity category among its peers . The ratio of Cash And Equivalents to Debt To Equity for Galecto is about 13,171,666,667 . At this time, Galecto's Debt To Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Galecto's earnings, one of the primary drivers of an investment's value.Galecto Debt To Equity vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Galecto |
| = | 79.03 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Galecto |
| = | 0.01 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Galecto Debt To Equity Comparison
Galecto is currently under evaluation in debt to equity category among its peers.
Galecto Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Galecto, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Galecto will eventually generate negative long term returns. The profitability progress is the general direction of Galecto's change in net profit over the period of time. It can combine multiple indicators of Galecto, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 380 K | 399 K | |
| Net Interest Income | 1.6 M | 1.7 M | |
| Operating Income | -39.9 M | -41.9 M | |
| Net Loss | -45.9 M | -48.2 M | |
| Income Before Tax | -38.3 M | -40.3 M | |
| Total Other Income Expense Net | 1.6 M | 1.6 M | |
| Net Loss | -55.5 M | -58.2 M | |
| Net Loss | -38.3 M | -40.3 M | |
| Income Tax Expense | 375.3 K | 356.5 K | |
| Interest Income | 1.6 M | 1.7 M | |
| Non Operating Income Net Other | -1.3 M | -1.3 M | |
| Change To Netincome | 5.1 M | 4.8 M | |
| Net Loss | (36.08) | (37.88) | |
| Income Quality | 0.96 | 0.69 | |
| Net Income Per E B T | 1.16 | 1.12 |
Galecto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Galecto. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Galecto position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Galecto's important profitability drivers and their relationship over time.
Use Galecto in pair-trading
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.Galecto Pair Trading
Galecto Pair Trading Analysis
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.Use Investing Themes to Complement your Galecto position
In addition to having Galecto in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Risk vs Return Analysis. To learn how to invest in Galecto Stock, please use our How to Invest in Galecto guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project Galecto's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Galecto at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Galecto's income statement, its balance sheet, and the statement of cash flows.