Grupo Financiero Galicia (Grupo Financiero Galicia) Scaled Net Operating Assets : 0.08 (As of Dec. 2023)

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What is Grupo Financiero Galicia Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Grupo Financiero Galicia's operating assets for the quarter that ended in Dec. 2023 was $22,771 Mil. Grupo Financiero Galicia's operating liabilities for the quarter that ended in Dec. 2023 was $21,421 Mil. Grupo Financiero Galicia's Total Assets for the quarter that ended in Sep. 2023 was $17,906 Mil. Therefore, Grupo Financiero Galicia's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.08.

Grupo Financiero Galicia Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Grupo Financiero Galicia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(22770.562	-	21421.299)	/	62559.956
=	0.02

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28299.329	-	5528.767
=	22770.562

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	22711.396	-	1290.097	-	0
=	21421.299

Grupo Financiero Galicia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(22770.562	-	21421.299)	/	17906.212
=	0.08

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28299.329	-	5528.767
=	22770.562

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	22711.396	-	1290.097	-	0
=	21421.299

* 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.

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Grupo Financiero Galicia (Grupo Financiero Galicia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Galicia SA (NAS:GGAL) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

GGAL:Mexico GF4:Germany GGAL:Argentina

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.