Galectin Therapeutics Current Ratio Growth & History (GALT)

Galectin Therapeutics's current ratio was 2.42 for fiscal 2025.

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Galectin Therapeutics annual current ratio history

Galectin Therapeutics annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20252025-12-312.421.93+396.78%
20242024-12-310.49−1.28−72.44%
20232023-12-311.770.19+11.92%
20222022-12-311.58−3.05−65.88%
20212021-12-314.63−0.83−15.17%
20202020-12-315.46−11.64−68.08%
20192019-12-3117.1012.91+308.03%
20182018-12-314.192.90+225.61%
20172017-12-311.29−2.89−69.20%
20162016-12-314.18−15.23−78.48%
20152015-12-3119.411.99+11.45%
20142014-12-3117.4213.12+305.15%
20132013-12-314.30−1.51−26.01%
20122012-12-315.812.88+97.96%
20112011-12-312.93−0.56−16.10%
20102010-12-313.50

Galectin Therapeutics current ratio trends

Over the last five fiscal years, Galectin Therapeutics's current ratio decreased from 5.46 to 2.42, a change of −3.04. The latest reported quarter, Q2 2026, shows 0.10.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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