GGAL
Price:
$55.48
Market Cap:
$9.19T
Grupo Financiero Galicia S.A., a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. The company's products and services cover savings, current, and checking accounts; personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services. It also offers financing products and services; consumer finance services; electronic check; global custody services; Fima funds; financial and stock market services to individuals, companies, and financial institutions; foreign trade service...[Read more]
Industry
Banks - Regional
IPO Date
2000-07-25
Stock Exchange
NASDAQ
Ticker
GGAL
According to Grupo Financiero Galicia S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 11.61 of the last 4 quarters.
The mean historical Current Ratio of Grupo Financiero Galicia S.A. over the last ten years is 7.48. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), GGAL's Current Ratio was at its highest in in the June 2024 quarter at 42.56. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
7.48
Median
8.44
Minimum
1.61
Maximum
12.28
Discovering the peaks and valleys of Grupo Financiero Galicia S.A. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 118.15%
Maximum Annual Current Ratio = 12.28
Minimum Annual Increase = -85.53%
Minimum Annual Current Ratio = 1.61
Year | Current Ratio | Change |
---|---|---|
2023 | 2.70 | 21.61% |
2022 | 2.22 | 37.81% |
2021 | 1.61 | -85.53% |
2020 | 11.15 | 31.51% |
2019 | 8.48 | -14.69% |
2018 | 9.94 | 67.25% |
2017 | 5.94 | -51.63% |
2016 | 12.28 | 1.72% |
2015 | 12.08 | 43.84% |
2014 | 8.40 | 118.15% |
The current Current Ratio of Grupo Financiero Galicia S.A. (GGAL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.18
5-year avg
5.23
10-year avg
7.48
Grupo Financiero Galicia S.A.’s Current Ratio is less than Grupo Supervielle S.A. (0.59), less than Banco BBVA Argentina S.A. (0), less than Itaú Unibanco Holding S.A. (0.78), less than Banco Bradesco S.A. (0), less than Banco Macro S.A. (0), less than Banco Bradesco S.A. (2.44), less than Grupo Aval Acciones y Valores S.A. (0), less than Banco Santander (Brasil) S.A. (0), less than Lloyds Banking Group plc (0),
Company | Current Ratio | Market cap |
---|---|---|
0.59 | $1.15B | |
0 | $3.92B | |
0.78 | $57.29B | |
0 | $23.59B | |
0 | $5.79B | |
2.44 | $23.21B | |
0 | $2.41B | |
0 | $33.80B | |
0 | $41.57B |
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What is the 3-year average Current Ratio for Grupo Financiero Galicia S.A. (GGAL)?
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