Grupo Financiero Galicia S.A. (GGAL) — Defensive Interval Ratio

Latest as of June 2023: 6 days

Grupo Financiero Galicia S.A. (GGAL) has a Defensive Interval Ratio of 6 days as of June 2023. Defensive assets of AR$49.27 Billion (cash AR$-, short-term investments AR$-, receivables AR$49.27 Billion) cover 6 days of daily cash needs of AR$8.63 Billion/day.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

AR$49.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$8.63 Billion
Current Liabilities ÷ 365

Current Liabilities

AR$3.15 Trillion
ARS

Grupo Financiero Galicia S.A. Defensive Interval Ratio (2015–2022)

This chart shows how Grupo Financiero Galicia S.A.'s Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at 6 days, meaning defensive assets of AR$49.27 Billion can fund 6 days of operations without new revenue. For the complete balance sheet picture, see GGAL total asset value.

Annual Defensive Interval Ratio for Grupo Financiero Galicia S.A. (2015–2022)

The table below presents the year-by-year Defensive Interval Ratio for Grupo Financiero Galicia S.A. from 2015 to 2022, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of Grupo Financiero Galicia S.A. to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2022 30 days AR$174.08 Billion AR$5.87 Billion/day AR$- AR$- ▲ +10 days
2021 19 days AR$60.02 Billion AR$3.13 Billion/day AR$- AR$- ▲ +8 days
2020 12 days AR$35.70 Billion AR$3.07 Billion/day AR$- AR$- ▼ -11 days
2019 22 days AR$38.80 Billion AR$1.74 Billion/day AR$- AR$30.08 Billion ▲ +16 days
2018 6 days AR$10.46 Billion AR$1.70 Billion/day AR$- AR$2.07 Billion ▲ +3 days
2017 3 days AR$3.02 Billion AR$909.14 Million/day AR$- AR$11.26 Million ▼ -130 days
2016 133 days AR$61.44 Billion AR$462.17 Million/day AR$- AR$51.39 Billion ▲ +109 days
2015 24 days AR$7.06 Billion AR$290.12 Million/day AR$- AR$14.29 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)