Galectin Therapeutics Net Debt Growth & History (GALT)
Galectin Therapeutics's net debt was −$17.7M for fiscal 2025.
View full Galectin Therapeutics company overviewGalectin Therapeutics annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$17.7M | −$2.6M | — |
| 2024 | 2024-12-31 | −$15.1M | $10.5M | — |
| 2023 | 2023-12-31 | −$25.6M | −$7.1M | — |
| 2022 | 2022-12-31 | −$18.5M | $21.2M | — |
| 2021 | 2021-12-31 | −$39.6M | −$12.6M | — |
| 2020 | 2020-12-31 | −$27.1M | $20.3M | — |
| 2019 | 2019-12-31 | −$47.4M | −$39.1M | — |
| 2018 | 2018-12-31 | −$8.3M | — | — |
Galectin Therapeutics quarterly net debt
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$13.2M | $568,000 | — |
| Q1 2026 | 2026-03-31 | −$14.1M | −$6.7M | — |
| Q4 2025 | 2025-12-31 | −$17.7M | −$2.6M | — |
| Q3 2025 | 2025-09-30 | −$11.5M | $15.5M | — |
| Q2 2025 | 2025-06-30 | −$13.7M | $11.8M | — |
| Q1 2025 | 2025-03-31 | −$7.4M | $16.1M | — |
| Q4 2024 | 2024-12-31 | −$15.1M | $10.5M | — |
| Q3 2024 | 2024-09-30 | −$27.0M | −$6.7M | — |
| Q2 2024 | 2024-06-30 | −$25.6M | −$7.7M | — |
| Q1 2024 | 2024-03-31 | −$23.5M | −$5.8M | — |
| Q4 2023 | 2023-12-31 | −$25.6M | −$7.1M | — |
| Q3 2023 | 2023-09-30 | −$20.3M | −$4.6M | — |
| Q2 2023 | 2023-06-30 | −$17.9M | $6.2M | — |
| Q1 2023 | 2023-03-31 | −$17.7M | $13.8M | — |
| Q4 2022 | 2022-12-31 | −$18.5M | $21.2M | — |
| Q3 2022 | 2022-09-30 | −$15.7M | $20.9M | — |
| Q2 2022 | 2022-06-30 | −$24.1M | $7.5M | — |
| Q1 2022 | 2022-03-31 | −$31.5M | −$10.8M | — |
| Q4 2021 | 2021-12-31 | −$39.6M | −$12.6M | — |
| Q3 2021 | 2021-09-30 | −$36.6M | −$4.1M | — |
| Q2 2021 | 2021-06-30 | −$31.6M | $9.1M | — |
| Q1 2021 | 2021-03-31 | −$20.7M | $22.5M | — |
| Q4 2020 | 2020-12-31 | −$27.1M | $20.3M | — |
| Q3 2020 | 2020-09-30 | −$32.5M | $17.7M | — |
| Q2 2020 | 2020-06-30 | −$40.7M | $11.2M | — |
| Q1 2020 | 2020-03-31 | −$43.2M | −$36.4M | — |
| Q4 2019 | 2019-12-31 | −$47.4M | −$39.1M | — |
| Q3 2019 | 2019-09-30 | −$50.2M | — | — |
| Q2 2019 | 2019-06-30 | −$51.9M | — | — |
| Q1 2019 | 2019-03-31 | −$6.9M | — | — |
| Q4 2018 | 2018-12-31 | −$8.3M | — | — |
Galectin Therapeutics net debt trends
Over the last five fiscal years, Galectin Therapeutics's net debt increased from −$27.1M to −$17.7M, a change of $9.4M. The latest reported quarter, Q2 2026, shows −$13.2M.
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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