Galmed Pharmaceuticals (GLMD) - Net assets

Net assets on the balance sheet as of June 2024 : A$18.12 Million

According to Galmed Pharmaceuticals 's latest financial reports the company has A$18.12 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Galmed Pharmaceuticals - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$19.72 M	-53.11%
2021-12-31	$A$42.06 M	-26.74%
2020-12-31	$A$57.42 M	-42.45%
2019-12-31	$A$99.77 M	-20.03%
2018-12-31	$A$0.12 B	516.68%
2017-12-31	$A$20.23 M	31.68%
2016-12-31	$A$15.36 M	-48.05%
2015-12-31	$A$29.57 M	-22.93%
2014-12-31	$A$38.37 M	-1854.53%
2013-12-31	$-A$2.19 Million	14.86%
2012-12-31	$-A$1.91 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Catalent CTLT	A$5.44 B	29,950.06%	🇺🇸 USA
Endo International ENDPQ	-A$10.15 Billion	-56,073.19%	🇮🇪 Ireland
Aerie Pharmaceuticals AERI	-A$0.26 Billion	-1,491.21%	🇺🇸 USA
Evoke Pharma EVOK	A$4.09 M	-77.39%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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