GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Galicia SA (MEX:GGAL) » Definitions » Cash-to-Debt

Grupo Financiero Galicia (MEX:GGAL) Cash-to-Debt : 4.50 (As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Grupo Financiero Galicia Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Grupo Financiero Galicia's cash to debt ratio for the quarter that ended in Jun. 2024 was 4.50.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Grupo Financiero Galicia could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Grupo Financiero Galicia's Cash-to-Debt or its related term are showing as below:

MEX:GGAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.77   Med: 2.33   Max: 12.99
Current: 4.5

During the past 13 years, Grupo Financiero Galicia's highest Cash to Debt Ratio was 12.99. The lowest was 0.77. And the median was 2.33.

MEX:GGAL's Cash-to-Debt is ranked better than
77.2% of 1500 companies
in the Banks industry
Industry Median: 1.295 vs MEX:GGAL: 4.50

Grupo Financiero Galicia Cash-to-Debt Historical Data

The historical data trend for Grupo Financiero Galicia's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Grupo Financiero Galicia Cash-to-Debt Chart

Grupo Financiero Galicia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 3.08 2.89 2.84 4.29

Grupo Financiero Galicia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.98 2.86 2.96 4.29 4.50

Competitive Comparison of Grupo Financiero Galicia's Cash-to-Debt

For the Banks - Regional subindustry, Grupo Financiero Galicia's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo Financiero Galicia's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero Galicia's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Grupo Financiero Galicia's Cash-to-Debt falls into.



Grupo Financiero Galicia Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Grupo Financiero Galicia's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Grupo Financiero Galicia's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grupo Financiero Galicia  (MEX:GGAL) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Grupo Financiero Galicia Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Grupo Financiero Galicia's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Financiero Galicia Business Description

Traded in Other Exchanges
Address
Tte. Gral. Juan D. Peron 430, 25th Floor, Buenos Aires, ARG, C1038 AAJ
Grupo Financiero Galicia SA is a financial service holding company. It provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company's operating business segments are Banks, Ecosistema Naranja X, Insurance, Adjustments, and Other Businesses. It generates maximum revenue from Banks. Geographically its operate in Argentina, Uruguay, and the majority of its revenue comes from Argentina.

Grupo Financiero Galicia Headlines

From GuruFocus

Grupo Financiero Galicia SA's Dividend Analysis

By GuruFocus Research 06-10-2024

Predictable and Undervalued Companies - Part II

By Tiziano Frateschi Tiziano Frateschi 05-20-2015

13 Questions With Argentine Value Investor Santiago Lucca

By PJ Pahygiannis PJ Pahygiannis 12-05-2016

Should You Reduce Your Holdings of These 2 Companies?

By Alberto Abaterusso Alberto Abaterusso 11-21-2019

Argentina's New Debt Exchange: Go Long Banks

By Federico Zaldua Federico Zaldua 09-01-2013