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

Grupo Financiero Galicia (Grupo Financiero Galicia) Equity-to-Asset

: 0.20 (As of Sep. 2023)
View and export this data going back to 2000. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupo Financiero Galicia's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $3,598 Mil. Grupo Financiero Galicia's Total Assets for the quarter that ended in Sep. 2023 was $17,906 Mil. Therefore, Grupo Financiero Galicia's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.20.

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

GGAL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.11   Max: 0.2
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of Grupo Financiero Galicia was 0.20. The lowest was 0.08. And the median was 0.11.

GGAL's Equity-to-Asset is ranked better than
93.61% of 1472 companies
in the Banks industry
Industry Median: 0.09 vs GGAL: 0.20

Grupo Financiero Galicia Equity-to-Asset Historical Data

The historical data trend for Grupo Financiero Galicia's Equity-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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.18 0.18 0.20

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
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.18 0.20 0.18 0.20 0.20

Competitive Comparison

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

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

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



Grupo Financiero Galicia Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=3631.838/20111.17
=0.18

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

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=3597.542/17906.212
=0.20

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Grupo Financiero Galicia Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Grupo Financiero Galicia's Equity-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

From GuruFocus

13 Questions With Argentine Value Investor Santiago Lucca

By PJ Pahygiannis PJ Pahygiannis 12-05-2016

Argentina's New Debt Exchange: Go Long Banks

By Federico Zaldua Federico Zaldua 09-01-2013

Predictable and Undervalued Companies - Part II

By Tiziano Frateschi Tiziano Frateschi 05-20-2015

Should You Reduce Your Holdings of These 2 Companies?

By Alberto Abaterusso Alberto Abaterusso 11-21-2019