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Grupo Financiero Galicia (Grupo Financiero Galicia) Debt-to-Asset : 0.04 (As of Sep. 2023)


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What is Grupo Financiero Galicia Debt-to-Asset?

Grupo Financiero Galicia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. Grupo Financiero Galicia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $714 Mil. Grupo Financiero Galicia's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $17,906 Mil. Grupo Financiero Galicia's debt to asset for the quarter that ended in Sep. 2023 was 0.04.


Grupo Financiero Galicia Debt-to-Asset Historical Data

The historical data trend for Grupo Financiero Galicia's Debt-to-Asset 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-Asset Chart

Grupo Financiero Galicia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.05 0.05 0.05 0.04

Grupo Financiero Galicia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset 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 0.05 0.04 0.04 0.04 0.04

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

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

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

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



Grupo Financiero Galicia Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Grupo Financiero Galicia's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Grupo Financiero Galicia's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 714.291) / 17906.212
=0.04

* 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  (NAS:GGAL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Grupo Financiero Galicia Debt-to-Asset Related Terms

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


Grupo Financiero Galicia (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 (Grupo Financiero Galicia) Headlines

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