GALT (Galectin Therapeutics) Quick Ratio: 2.15 (As of Mar. 2026) — 27% Below Median


GALT Galectin Therapeutics Inc GALT
16 GF Score
Price $3.92
! 5 Warning Signs
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What is Galectin Therapeutics Quick Ratio?

Galectin Therapeutics GALT +24.84% 16 Quick Ratio is 2.15 as of Mar. 2026, which is 27% below its 10-year median of 2.94. GuruFocus rates GALT with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,417 Biotechnology companies, Galectin Therapeutics ranks worse than 63.94% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Galectin Therapeutics's quick ratio for the quarter that ended in Mar. 2026 was 2.15.

Galectin Therapeutics has a quick ratio of 2.15. It generally indicates good short-term financial strength.

The historical rank and industry rank for Galectin Therapeutics's Quick Ratio or its related term are showing as below:

GALT' s Quick Ratio Range Over the Past 10 Years
Min: 0.08   Med: 2.94   Max: 41.51
Current: 2.15

During the past 13 years, Galectin Therapeutics's highest Quick Ratio was 41.51. The lowest was 0.08. And the median was 2.94.

GALT's Quick Ratio is ranked worse than
63.94% of 1417 companies
in the Biotechnology industry
Industry Median: 3.6 vs GALT: 2.15

Galectin Therapeutics  (NAS:GALT) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Galectin Therapeutics Quick Ratio Related Terms


Galectin Therapeutics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Galectin Therapeutics's Quick Ratio 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.

Galectin Therapeutics Quick Ratio Chart

Galectin Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.63 1.58 1.77 0.49 2.42

Galectin Therapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 1.43 0.09 2.42 2.15

GALT vs PRQR, HRTX, PLYX: Quick Ratio Comparison

For the Biotechnology subindustry, Galectin Therapeutics's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.


Galectin Therapeutics Quick Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Galectin Therapeutics's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Galectin Therapeutics's Quick Ratio falls into.


GALT
16GF Score
Galectin Therapeutics Inc GALT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Galectin Therapeutics Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Galectin Therapeutics's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(19.436-0)/8.03
=2.42

Galectin Therapeutics's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15.691-0)/7.307
=2.15

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.15 mean?
Galectin Therapeutics (GALT) has a Quick Ratio of 2.15 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Galectin Therapeutics and its competitors. This is 27% below median its historical median of 2.94. Over the past decade, Galectin Therapeutics' Quick Ratio has ranged from 0.08 to 41.51. According to the industry distribution chart, Galectin Therapeutics ranks #906 out of 1417 companies in the Biotechnology industry, placing it in the top 63.9%.
Is Galectin Therapeutics' Quick Ratio too high?
Galectin Therapeutics' current Quick Ratio of 2.15 is 27% below median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 41.51. The Biotechnology industry median Quick Ratio is 3.60. Galectin Therapeutics' value of 2.15 is 40.3% below this industry median. Based on the distribution chart, Galectin Therapeutics ranks #906 out of 1417 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Galectin Therapeutics has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Galectin Therapeutics' Quick Ratio compare to PRQR and HRTX?
According to the Biotechnology industry distribution chart, Galectin Therapeutics ranks #906 out of 1417 companies for Quick Ratio. This places Galectin Therapeutics in the lower half of its industry. The industry median Quick Ratio is 3.60. Galectin Therapeutics' value of 2.15 is 40.3% below this benchmark. Historically, Galectin Therapeutics' own Quick Ratio has ranged from 0.08 to 41.51 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 3.60, Galectin Therapeutics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Biotechnology company?
The median Quick Ratio among Biotechnology companies is 3.60, based on 1,417 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Galectin Therapeutics's current Quick Ratio of 2.15 is 40.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Galectin Therapeutics and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galectin Therapeutics's current Quick Ratio is 2.15, which is 27% below median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galectin Therapeutics stock overvalued right now?
Galectin Therapeutics (GALT) has a current Quick Ratio of 2.15. The current Quick Ratio is 2.15, which is 27% below median its 10-year median of 2.94 and 40.3% below the Biotechnology industry median of 3.60. Galectin Therapeutics' overall GF Score™ is 16/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Galectin Therapeutics (GALT), the current Quick Ratio is 2.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Galectin Therapeutics Business Description

Other Exchanges PHPN:Germany
Address 4960 Peachtree Industrial Boulevard, Suite 240, Norcross, GA, USA, 30071
Galectin Therapeutics Inc is a clinical-stage biopharmaceutical company. The company focuses on drug research and development to create new therapies for fibrotic disease, cancer, and selected other diseases. Its galectin-3 inhibitor is belapectin (GR-MD-02), which has been demonstrated in preclinical models to reverse liver fibrosis and cirrhosis.
16GF Score

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