Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Galera Therapeutics's share price for the quarter that ended in Dec. 2023 was $0.1454. Galera Therapeutics's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 54.39 Mil. Therefore, Galera Therapeutics's market cap for the quarter that ended in Dec. 2023 was $7.91 Mil.
Galera Therapeutics's quarterly market cap
declined
from Jun. 2023 ($136.74 Mil) to Sep. 2023 ($9.41 Mil) and
declined
from Sep. 2023 ($9.41 Mil) to Dec. 2023 ($7.91 Mil).
Galera Therapeutics's annual market cap
declined
from Dec. 2021 ($121.45 Mil) to Dec. 2022 ($42.48 Mil) and
declined
from Dec. 2022 ($42.48 Mil) to Dec. 2023 ($7.91 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Galera Therapeutics's Enterprise Value for Today is $-6.87 Mil.
Galera Therapeutics Market Cap Historical Data
The historical data trend for Galera Therapeutics's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Galera Therapeutics's Market Cap
For the Biotechnology subindustry, Galera Therapeutics's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Galera Therapeutics's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Galera Therapeutics's Market Cap distribution charts can be found below:
* The bar in red indicates where Galera Therapeutics's Market Cap falls into.
Galera Therapeutics Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Galera Therapeutics's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Galera Therapeutics (NAS:GRTX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Galera Therapeutics Market Cap Related Terms
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Galera Therapeutics (Galera Therapeutics) Business Description
Galera Therapeutics Inc is a biopharmaceutical company focused on developing and commercializing a pipeline of novel, proprietary therapeutics that have the potential to transform radiotherapy in cancer. Its lead product candidate, GC4419, is a small molecule dismutase mimetic developed for the reduction of severe oral mucositis, or SOM.
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