Grupo Financiero Galicia S.A. Working Capital to Net Assets Ratio
Grupo Financiero Galicia S.A. 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$893.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Grupo Financiero Galicia S.A. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Grupo Financiero Galicia S.A. (2015–2022)
Working capital to net assets ratio of Grupo Financiero Galicia S.A. from 2015 to 2022. This chart shows how Grupo Financiero Galicia S.A.'s Working Capital to Net Assets ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at -241.9%, reflecting working capital of AR$-2.16 Trillion against net assets of AR$893.62 Billion ARS. See operational self-sufficiency of Grupo Financiero Galicia S.A. to measure how many days the company can operate on defensive assets alone.
Grupo Financiero Galicia S.A. Working Capital to Net Assets Ratio by Year (2015–2022)
Grupo Financiero Galicia S.A. working capital to net assets ratio by year from 2015 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Grupo Financiero Galicia S.A. from 2015 to 2022, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see GGAL current and non-current assets.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -278.3% | AR$-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 | — |