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Galectin Therapeutics logo
Galectin Therapeutics GALT
$ 3.62 0.27%
report update icon

Quarterly report 2026-Q1
added 05-15-2026

Galectin Therapeutics Balance Sheet 2025-2009 | GALT

Brief balance sheet overview of Galectin Therapeutics

This overview follows the five latest available annual observations between 2017 and 2021.

Assets rose from $4.2 million to $41.8 million, a gain of +905.2%, while CAGR was about 78.1%. The balance sheet expanded rapidly.

Liability growth of +1,221.1% exceeded asset growth of +905.2%, increasing reliance on outside funding.

Equity covers only 2.1% of assets versus -12.7% initially. The loss-absorbing cushion is limited.

Cash accounts for 94.8% of assets versus 73.4% initially. The change indicates the degree of financial flexibility.

Retained earnings remain negative at -$270.7 million. This may reflect past losses or substantial shareholder distributions, so earnings and buybacks provide important context.

Conclusion

Taken together, Galectin Therapeutics's balance sheet indicators point to elevated risk. Asset growth does not offset weak funding sources.

Annual Balance Sheet Galectin Therapeutics

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Net Debt

- - -25.6 M -18.5 M - -27.1 M -47.4 M -8.25 M -3.05 M -15.4 M -25.8 M -29.1 M -10.5 M -9.36 M -6.4 M - -

Long Term Debt

- - 20 K 66 K - - - - - - - - - - - - -

Long Term Debt Current

22 K 19 K 46 K 40 K 8 K 44 K 39 K - - - - - - - - - -

Total Non Current Liabilities

- - - - - - 52 K - - - - - - 6 K 6.52 M - -

Total Current Liabilities

8.03 M 35.4 M 15.7 M 13 M 9.03 M 5.4 M 2.82 M 2.11 M 2.97 M 3.78 M 1.36 M 1.7 M 2.49 M 1.64 M 2.22 M 1.77 M -

Total Liabilities

146 M 121 M 88.4 M 53.5 M 39.2 M 5.41 M 2.87 M 2.11 M 2.97 M 3.78 M 1.36 M 1.7 M 2.49 M 1.64 M 8.74 M 1.78 M -

Deferred Revenue

- - - - - - - - - - - - - - 200 K 200 K -

Retained Earnings

-433 M -402 M -354 M -310 M -271 M - -216 M -196 M -181 M -164 M -140 M -119 M -102 M -80 M -69.1 M - -

Total Assets

19.5 M 17.5 M 28.2 M 21.3 M 41.8 M 29.6 M 48.5 M 9.01 M 4.16 M 15.8 M 26.4 M 29.7 M 10.7 M 9.56 M 6.61 M 6.3 M -

Cash and Cash Equivalents

17.7 M 15.1 M 25.7 M 18.6 M 39.6 M 27.1 M 47.5 M 8.25 M 3.05 M 15.4 M 25.8 M 29.1 M 10.5 M 9.36 M 6.4 M 5.89 M 251 K

Book Value

-126 M -103 M -60.2 M -32.2 M 2.62 M 24.2 M 45.6 M 6.9 M 1.19 M 12 M 25 M 28 M 8.23 M 7.92 M -2.12 M 4.52 M -

Total Shareholders Equity

-128 M -105 M -62 M -33.9 M 893 K 22.5 M 43.9 M 5.18 M -530 K 10.3 M 18 M 21.2 M 1.48 M 1.16 M -2.12 M -1.69 M -4.47 M

All numbers in USD currency

Quarterly Balance Sheet Galectin Therapeutics

2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

- - - - - - - 7 K - 32 K 43 K 55 K - 77 K 87 K 97 K - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

146 M 136 M 133 M 122 M 121 M 121 M 110 M 97 M 88.4 M 73 M 71.2 M 62.9 M 53.5 M 40.2 M 41.1 M 39.8 M 39.2 M 28.8 M 16.3 M 4.66 M 5.41 M 5.41 M 5.41 M 5.41 M 2.87 M 2.87 M 2.87 M 2.87 M 2.11 M 2.11 M 2.11 M 2.11 M 2.97 M 2.97 M 2.97 M 2.97 M 3.78 M 3.78 M 3.78 M 3.78 M 1.36 M 1.36 M 1.36 M 1.36 M 1.7 M 1.7 M 1.7 M 1.7 M 2.49 M 2.49 M 2.49 M 2.49 M 1.64 M 1.64 M 1.64 M 1.64 M 2.22 M 2.22 M 2.22 M 2.22 M

Deferred Revenue

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 200 K 200 K 200 K 200 K 200 K 200 K

Retained Earnings

-438 M -427 M -419 M -411 M -402 M -390 M -378 M -366 M -354 M -344 M -330 M -321 M -310 M -299 M -290 M -281 M -271 M -263 M -255 M -246 M -240 M -240 M -240 M -240 M -216 M -216 M -216 M -216 M -196 M -196 M -196 M -196 M -181 M -181 M -181 M -181 M -164 M -164 M -164 M -164 M -140 M -140 M -140 M -140 M -119 M -119 M -119 M -119 M -102 M -102 M -102 M - - - - - - - - -

Total Assets

15.8 M 12.9 M 15.6 M 9.53 M 17.5 M 29 M 27.7 M 25.9 M 28.2 M 22.2 M 20.1 M 20.2 M 21.3 M 17.9 M 25.9 M 33.6 M 41.8 M 38 M 33.4 M 22.9 M 29.6 M 29.6 M 29.6 M 29.6 M 48.5 M 48.5 M 48.5 M 48.5 M 9.01 M 9.01 M 9.01 M 9.01 M 4.16 M 4.16 M 4.16 M 4.16 M 15.8 M 15.8 M 15.8 M 15.8 M 26.4 M 26.4 M 26.4 M 26.4 M 29.7 M 29.7 M 29.7 M 29.7 M 10.7 M 10.7 M 10.7 M 10.7 M 9.56 M 9.56 M 9.56 M 9.56 M 6.61 M 6.61 M 6.61 M 6.61 M

Cash and Cash Equivalents

14.1 M 11.5 M 13.8 M 7.43 M 15.1 M 27.1 M 25.6 M 23.6 M 25.7 M 20.4 M 18 M 18 M 18.6 M 15.8 M 24.2 M 31.6 M 39.6 M 36.6 M 31.6 M 20.8 M 27.1 M 27.1 M 27.1 M 27.1 M 47.5 M 47.5 M 47.5 M 47.5 M 8.25 M 8.25 M 8.25 M 8.25 M 3.05 M 3.05 M 3.05 M 3.05 M 15.4 M 15.4 M 15.4 M 15.4 M 25.8 M 25.8 M 25.8 M 25.8 M 29.1 M 29.1 M 29.1 M 29.1 M 10.5 M 10.5 M 10.5 M 10.5 M 9.36 M 9.36 M 9.36 M 9.36 M 6.4 M 6.4 M 6.4 M 6.4 M

Book Value

-130 M -124 M -117 M -112 M -103 M -92.5 M -82.1 M -71.1 M -60.2 M -50.9 M -51.1 M -42.6 M -32.2 M -22.3 M -15.2 M -6.19 M 2.62 M 9.25 M 17.1 M 18.2 M 24.2 M 24.2 M 24.2 M 24.2 M 45.6 M 45.6 M 45.6 M 45.6 M 6.9 M 6.9 M 6.9 M 6.9 M 1.19 M 1.19 M 1.19 M 1.19 M 12 M 12 M 12 M 12 M 25 M 25 M 25 M 25 M 28 M 28 M 28 M 28 M 8.23 M 8.23 M 8.23 M 8.23 M 7.92 M 7.92 M 7.92 M 7.92 M 4.4 M 4.4 M 4.4 M 4.4 M

Total Shareholders Equity

-132 M -125 M -119 M -114 M -105 M -94.2 M -83.9 M -72.8 M -62 M -52.6 M -52.8 M -44.4 M -33.9 M -24.1 M -16.9 M -7.92 M 893 K 7.53 M 15.4 M 16.5 M 22.5 M 22.5 M 22.5 M 22.5 M 43.9 M 43.9 M 43.9 M 43.9 M 5.18 M 5.18 M 5.18 M 5.18 M -530 K -530 K -530 K -530 K 10.3 M 10.3 M 10.3 M 10.3 M 18 M 18 M 18 M 18 M 21.2 M 21.2 M 21.2 M 21.2 M 1.48 M 1.48 M 1.48 M 1.48 M 1.16 M 1.16 M 1.16 M 1.16 M -2.12 M -2.12 M -2.12 M -2.12 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Galectin Therapeutics, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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