Cash Ratio Analysis of Galecto Inc - Deep Dive


Cash Ratio of GLTO
Dec-23
5.69
Very Good Cash Ratio
Dec-22
5.42
Very Good Cash Ratio
Growth
4.87
%
Cash Ratio Analysis of Galecto Inc
Cash Ratio of Galecto Inc with value of 5.69 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of GLTO has grown by 4.87 % Compared to previous Financial Year.
Cash Ratio with value of 29.39 was highest in Year Dec-20 in last Five Years.
Cash Ratio with value of 1.42 was lowest in Year Dec-19 in last Five Years.
Latest Cash Ratio with value of 5.69 is lower than Average Cash Ratio of 12.79 in last five years.
Other Cash Ratio Related Info of GLTO that may interest you.
Galecto Inc Overview
CodePricePrevious PricePrice ChangeSector
GLTO0.6080.61 0.328 % Biotechnology
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Cash Ratio of Galecto Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18
Cash Ratio5.695.4222.0529.391.426.97
Change4.87 %-75.41 %-24.98 %1962.78 %-79.57 %
FY Chart of Cash Ratio of Galecto Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)