Grupo Financiero Galicia (BUE:GGAL) Debt-to-Equity : 0.17 (As of Sep. 2024)

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What is Grupo Financiero Galicia Debt-to-Equity?

Grupo Financiero Galicia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ARS0 Mil. Grupo Financiero Galicia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ARS743,797 Mil. Grupo Financiero Galicia's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ARS4,439,207 Mil. Grupo Financiero Galicia's debt to equity for the quarter that ended in Sep. 2024 was 0.17.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

BUE:GGAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.62 Max: 1.26
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo Financiero Galicia was 1.26. The lowest was 0.15. And the median was 0.62.

BUE:GGAL's Debt-to-Equity is ranked better than
82.33% of 1449 companies
in the Banks industry
Industry Median: 0.64 vs BUE:GGAL: 0.17

Grupo Financiero Galicia Debt-to-Equity Historical Data

The historical data trend for Grupo Financiero Galicia's Debt-to-Equity 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.

* Premium members only.

Grupo Financiero Galicia Debt-to-Equity Chart

Grupo Financiero Galicia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.63

0.31

0.27

0.26

0.23

Grupo Financiero Galicia Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.20	0.23	0.15	0.17

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

For the Banks - Regional subindustry, Grupo Financiero Galicia's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Banks Industry

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

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

Grupo Financiero Galicia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	465725.017)	/	2017155.269
	=	0.23

Grupo Financiero Galicia's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	743797.339)	/	4439207.227
	=	0.17

Grupo Financiero Galicia (BUE:GGAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Grupo Financiero Galicia Debt-to-Equity Related Terms

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Grupo Financiero Galicia Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

GGAL:USA GGAL:Mexico GF4:Germany GF4:Germany

Address

Tte. Gral. Juan D. Peron 430, 25th Floor, Buenos Aires, ARG, C1038 AAJ

Website

https://www.gfgsa.com

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.