Galecto, Inc.

Galecto, Inc.verified

GLTO

Price:

$22.89

Market Cap:

$30.38M

Galecto, Inc., a clinical-stage biotechnology company, develops molecules for the treatment of fibrosis, cancer, inflammation, and other related diseases. The company's lead product candidate is GB2064, which is in Phase IIa for the treatment of myelofibrosis. It also develops GB0139, an inhaled inhibitor of galectin-3 that is in Phase IIb clinical trial for the treatment of severe fibrotic lung diseases, such as idiopathic pulmonary fibrosis, a life-threatening progressive fibrotic disease of the lung; and GB1211, a selective oral galectin-3 inhibitor that is in Phase IIa for the treatment of cancer, as well as in Phase Ib/IIa for fibrosis. Galecto, Inc. was founded in 2011 and is based in ...[Read more]

Industry

Biotechnology

IPO Date

2020-10-29

Stock Exchange

NASDAQ

Ticker

GLTO

The Current Ratio as of December 2025 (TTM) for Galecto, Inc. (GLTO) is 3.73

According to Galecto, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.73. This represents a change of -53.09% compared to the average of 7.95 of the last 4 quarters.

Galecto, Inc. (GLTO) Historical Current Ratio (quarterly & annually)

How has GLTO Current Ratio performed in the past?

The mean historical Current Ratio of Galecto, Inc. over the last ten years is 13.67. The current 3.73 Current Ratio has changed 2.63% with respect to the historical average. Over the past ten years (40 quarters), GLTO's Current Ratio was at its highest in in the December 2020 quarter at 30.42. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

13.67

Median

7.87

Minimum

5.75

Maximum

30.42

Galecto, Inc. (GLTO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Galecto, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 329.93%

Maximum Annual Current Ratio = 30.42

Minimum Annual Increase = -76.25%

Minimum Annual Current Ratio = 5.75

Quarterly (TTM)
Annual
YearCurrent RatioChange
202414.07123.02%
20236.319.62%
20225.75-76.25%
202124.23-20.34%
202030.42329.93%
20197.07-10.07%

Galecto, Inc. (GLTO) Average Current Ratio

How has GLTO Current Ratio performed in the past?

The current Current Ratio of Galecto, Inc. (GLTO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.71

5-year avg

16.16

10-year avg

13.67

Galecto, Inc. (GLTO) Current Ratio vs. Peers

How is GLTO’s Current Ratio compared to its peers?

Galecto, Inc.’s Current Ratio is greater than TransCode Therapeutics, Inc. (1.60), less than Phio Pharmaceuticals Corp. (22.27), less than Aprea Therapeutics, Inc. (5.34), less than Kiora Pharmaceuticals, Inc. (7.76), less than IN8bio, Inc. (6.91), greater than Acurx Pharmaceuticals, Inc. (2.39), greater than Aptevo Therapeutics Inc. (2.27), greater than Lyra Therapeutics, Inc. (2.78), less than Adial Pharmaceuticals, Inc. (4.34), greater than BioCardia, Inc. (1.62),

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