Galmed Pharmaceuticals (GLMD)

Net assets on the balance sheet as of June 2024 : C$16.4 Million

According to Galmed Pharmaceuticals 's latest financial reports the company has C$16.4 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	$C$18.21 M	-53.14%
2021-12-31	$C$38.86 M	-30.96%
2020-12-31	$C$56.29 M	-38.29%
2019-12-31	$C$91.23 M	-23.8%
2018-12-31	$C$0.11 B	502.92%
2017-12-31	$C$19.85 M	33.43%
2016-12-31	$C$14.88 M	-50.2%
2015-12-31	$C$29.88 M	-18%
2014-12-31	$C$36.44 M	-1854.94%
2013-12-31	$-C$2.08 Million	5.53%
2012-12-31	$-C$1.97 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Catalent CTLT	C$5.01 B	30,476.06%	🇺🇸 USA
Endo International ENDPQ	-C$9.19 Billion	-56,073.19%	🇮🇪 Ireland
Aerie Pharmaceuticals AERI	-C$0.23 Billion	-1,491.21%	🇺🇸 USA
Evoke Pharma EVOK	C$3.7 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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Galmed Pharmaceuticals (GLMD) - Net assets

Net assets on the balance sheet as of June 2024 : C$16.4 Million