GLTO
Price:
$21.58
Market Cap:
$1.31B
Galecto, Inc. is a clinical-stage biotechnology company focused on creating new therapeutic agents for a range of illnesses, including fibrotic conditions, cancer, and inflammation. Its most advanced investigational drug, GB2064, is currently undergoing Phase IIa clinical studies to treat myelofibrosis. The company is also developing GB0139, an inhalable compound that targets galectin-3, which is in Phase IIb trials for severe fibrotic lung disorders, such as idiopathic pulmonary fibrosis (IPF)—a serious and progressively worsening lung disease. Additionally, Galecto is advancing GB1211, a selective oral galectin-3 inhibitor, with ongoing Phase IIa trials for cancer and Phase Ib/IIa trials f...[Read more]
Industry
Biotechnology
IPO Date
2020-10-29
Stock Exchange
NASDAQ
Ticker
GLTO
According to Galecto, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 22.48. This represents a change of 106.34% compared to the average of 10.90 of the last 4 quarters.
The mean historical Current Ratio of Galecto, Inc. over the last ten years is 13.59. The current 22.48 Current Ratio has changed 16.45% 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 September 2019 quarter at 0.
Average
13.59
Median
10.42
Minimum
5.75
Maximum
30.42
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
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 12.98 | -7.74% |
| 2024 | 14.07 | 123.02% |
| 2023 | 6.31 | 9.62% |
| 2022 | 5.75 | -76.25% |
| 2021 | 24.23 | -20.34% |
| 2020 | 30.42 | 329.93% |
| 2019 | 7.07 | -10.07% |
The current Current Ratio of Galecto, Inc. (GLTO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
11.12
5-year avg
12.67
10-year avg
13.59
Galecto, Inc.’s Current Ratio is greater than TransCode Therapeutics, Inc. (3.11), less than Phio Pharmaceuticals Corp. (66.93), greater than Aprea Therapeutics, Inc. (8.92), greater than Kiora Pharmaceuticals, Inc. (6.68), greater than IN8bio, Inc. (10.50), greater than Acurx Pharmaceuticals, Inc. (3.78), greater than Aptevo Therapeutics Inc. (3.36), greater than Lyra Therapeutics, Inc. (1.71), greater than Adial Pharmaceuticals, Inc. (3.18), greater than BioCardia, Inc. (0.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.11 | $4.47M | |
| 66.93 | $11.97M | |
| 8.92 | $4.64M | |
| 6.68 | $11.21M | |
| 10.50 | $14.08M | |
| 3.78 | $2.44M | |
| 3.36 | $10.21M | |
| 1.71 | $781.13K | |
| 3.18 | $2.50M | |
| 0.41 | $5.61M |
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How does the current Current Ratio for Galecto, Inc. (GLTO) compare to its historical average?