Grupo Financiero Galicia S.A. (GGAL) — Working Capital to Net Assets Ratio
Grupo Financiero Galicia S.A. (GGAL) has a Working Capital to Net Assets ratio of -241.9% as of June 2023. Working capital of AR$-2.16 Trillion (current assets of AR$987.56 Billion minus current liabilities of AR$3.15 Trillion) is measured against net assets of AR$893.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Grupo Financiero Galicia S.A. (GGAL) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Grupo Financiero Galicia S.A. Working Capital to Net Assets (2015–2022)
This chart shows how Grupo Financiero Galicia S.A.'s Working Capital to Net Assets ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at -241.9%, reflecting working capital of AR$-2.16 Trillion against net assets of AR$893.62 Billion ARS. See Grupo Financiero Galicia S.A. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Grupo Financiero Galicia S.A. (2015–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Grupo Financiero Galicia S.A. from 2015 to 2022, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Grupo Financiero Galicia S.A..
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -278.3% | AR$-1.69 Trillion | AR$608.88 Billion | AR$447.55 Billion | AR$2.14 Trillion | ▼ -143.9 pp |
| 2021 | -134.4% | AR$-406.68 Billion | AR$302.57 Billion | AR$734.95 Billion | AR$1.14 Trillion | ▲ +123.3 pp |
| 2020 | -257.7% | AR$-463.55 Billion | AR$179.86 Billion | AR$655.48 Billion | AR$1.12 Trillion | ▼ -12.6 pp |
| 2019 | -245.2% | AR$-286.44 Billion | AR$116.83 Billion | AR$349.95 Billion | AR$636.39 Billion | ▲ +169.5 pp |
| 2018 | -414.7% | AR$-256.48 Billion | AR$61.85 Billion | AR$364.24 Billion | AR$620.72 Billion | ▲ +5.1 pp |
| 2017 | -419.8% | AR$-164.98 Billion | AR$39.30 Billion | AR$166.85 Billion | AR$331.84 Billion | ▼ -40.4 pp |
| 2016 | -379.4% | AR$-77.23 Billion | AR$20.35 Billion | AR$91.47 Billion | AR$168.69 Billion | ▼ -39.6 pp |
| 2015 | -339.9% | AR$-52.99 Billion | AR$15.59 Billion | AR$52.90 Billion | AR$105.89 Billion | — |