Grupo Financiero Galicia S.A Working Capital to Net Assets Ratio

Latest as of June 2023: -241.9%

Grupo Financiero Galicia S.A working capital to net assets ratio. 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. Check GF4 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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

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

Working capital to net assets ratio of Grupo Financiero Galicia S.A from 2017 to 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. See Grupo Financiero Galicia S.A (GF4) defensive interval 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 (2017–2022)

Grupo Financiero Galicia S.A working capital to net assets ratio by year from 2017 to 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. For the complete balance sheet picture, see Grupo Financiero Galicia S.A balance sheet assets.

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