Grupo Financiero Galicia S.A (GF4) — Working Capital to Net Assets Ratio

Latest as of June 2023: -241.9%

Grupo Financiero Galicia S.A (GF4) has a Working Capital to Net Assets ratio of -241.9% as of June 2023. Working capital of €-2.16 Trillion (current assets of €987.56 Billion minus current liabilities of €3.15 Trillion) is measured against net assets of €893.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Grupo Financiero Galicia S.A liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

-241.9%
Working Capital / Net Assets

Working Capital

€-2.16 Trillion
EUR

Current Assets

€987.56 Billion
EUR

Current Liabilities

€3.15 Trillion
EUR

Grupo Financiero Galicia S.A Working Capital to Net Assets (2017–2022)

This chart shows how Grupo Financiero Galicia S.A's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at -241.9%, reflecting working capital of €-2.16 Trillion against net assets of €893.62 Billion EUR. For the complete balance sheet picture, see GF4 total asset value.

Annual Working Capital to Net Assets for Grupo Financiero Galicia S.A (2017–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Grupo Financiero Galicia S.A from 2017 to 2022, covering 6 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. Check Grupo Financiero Galicia S.A (GF4) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2022 -278.3% €-1.69 Trillion €608.88 Billion €447.55 Billion €2.14 Trillion ▼ -143.9 pp
2021 -134.4% €-406.68 Billion €302.57 Billion €734.95 Billion €1.14 Trillion ▲ +123.3 pp
2020 -257.7% €-463.55 Billion €179.86 Billion €655.48 Billion €1.12 Trillion ▼ -12.6 pp
2019 -245.2% €-286.44 Billion €116.83 Billion €349.95 Billion €636.39 Billion ▲ +169.5 pp
2018 -414.7% €-256.48 Billion €61.85 Billion €364.24 Billion €620.72 Billion ▲ +5.1 pp
2017 -419.8% €-164.98 Billion €39.30 Billion €166.85 Billion €331.84 Billion
pp = percentage points