Galicia Financial Group (GGAL) - Net assets

Net assets on the balance sheet as of September 2024 : $4.60 Billion USD

According to Galicia Financial Group's latest financial reports the company has $4.60 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Galicia Financial Group - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$3.44 B	-40.35%
2021-12-31	$$5.77 B	76.58%
2020-12-31	$$3.27 B	23.15%
2019-12-31	$$2.65 B	5.22%
2018-12-31	$$2.52 B	-28.6%
2017-12-31	$$3.53 B	23.02%
2016-12-31	$$2.87 B	156.79%
2015-12-31	$$1.11 B	-7.59%
2014-12-31	$$1.21 B	13.57%
2013-12-31	$$1.06 B	7.36%
2012-12-31	$$0.99 B	20.4%
2011-12-31	$$0.82 B	14.62%
2010-12-31	$$0.71 B	16.11%
2009-12-31	$$0.61 B	0.61%
2008-12-31	$$0.61 B	2.66%
2007-12-31	$$0.60 B	3.36%
2006-12-31	$$0.58 B	-0.7%
2005-12-31	$$0.58 B	4.53%
2004-12-31	$$0.55 B	2.88%
2003-12-31	$$0.54 B	6.97%
2002-12-31	$$0.50 B	0.73%
2001-12-31	$$0.50 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Banco Macro BMA	$3.77 B	-18.16%	🇦🇷 Argentina
HSBC HSBC	$200.02 B	4,239.31%	🇬🇧 UK
Banco Latinoamericano de Comercio Exterior BLX	$1.30 B	-71.58%	🇵🇦 Panama
Citigroup C	$209.90 B	4,453.58%	🇺🇸 USA
Shinhan Financial Group SHG	$41.73 B	805.33%	🇰🇷 S. Korea

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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