Grupo Operating Income vs Tax Provision Analysis

GGAL Stock  USD 36.60  0.07  0.19%   
Grupo Financiero financial indicator trend analysis is much more than just examining Grupo Financiero Galicia latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Financiero Galicia is a good investment. Please check the relationship between Grupo Financiero Operating Income and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grupo Financiero Galicia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Financiero Galicia Operating Income account and Tax Provision. At this time, the significance of the direction appears to have totally related.
The correlation between Grupo Financiero's Operating Income and Tax Provision is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Grupo Financiero Galicia, assuming nothing else is changed. The correlation between historical values of Grupo Financiero's Operating Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Grupo Financiero Galicia are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Operating Income i.e., Grupo Financiero's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Grupo Financiero Galicia operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Grupo Financiero Galicia is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Grupo Financiero's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Financiero Galicia current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grupo Financiero Galicia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Grupo Financiero's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 216.1 B this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.03.
 2021 2022 2023 2024 (projected)
Interest Expense157.6B565.5B3.0T3.2T
Depreciation And Amortization12.7B27.9B230.0B241.5B

Grupo Financiero fundamental ratios Correlations

1.00.890.581.01.00.940.940.13-0.910.990.03-0.910.99-0.05-0.340.97-0.990.991.00.971.00.990.390.930.92
1.00.890.611.01.00.940.940.13-0.910.990.04-0.910.98-0.05-0.320.98-0.990.990.990.971.00.990.410.920.92
0.890.890.720.880.890.740.730.45-0.680.85-0.38-0.680.870.06-0.140.78-0.880.850.90.780.890.840.450.980.95
0.580.610.720.570.570.50.510.29-0.460.56-0.11-0.460.540.140.030.55-0.550.590.570.550.580.570.430.60.6
1.01.00.880.571.00.950.940.11-0.921.00.04-0.920.99-0.05-0.360.98-0.991.01.00.981.00.990.370.930.91
1.01.00.890.571.00.940.930.14-0.910.990.03-0.910.98-0.04-0.340.97-1.00.991.00.971.00.990.380.930.92
0.940.940.740.50.950.941.0-0.2-1.00.970.31-1.00.95-0.14-0.550.98-0.930.970.920.980.950.980.180.790.74
0.940.940.730.510.940.931.0-0.22-1.00.970.32-1.00.95-0.17-0.560.97-0.910.960.910.980.940.980.170.780.73
0.130.130.450.290.110.14-0.2-0.220.280.03-0.840.280.060.340.63-0.04-0.170.040.19-0.060.12-0.010.60.390.5
-0.91-0.91-0.68-0.46-0.92-0.91-1.0-1.00.28-0.95-0.371.0-0.920.150.59-0.960.9-0.95-0.89-0.97-0.92-0.96-0.13-0.74-0.68
0.990.990.850.561.00.990.970.970.03-0.950.11-0.950.99-0.07-0.420.99-0.991.00.990.991.01.00.320.90.88
0.030.04-0.38-0.110.040.030.310.32-0.84-0.370.11-0.370.04-0.18-0.420.25-0.010.12-0.010.260.030.16-0.26-0.33-0.31
-0.91-0.91-0.68-0.46-0.92-0.91-1.0-1.00.281.0-0.95-0.37-0.920.150.59-0.960.9-0.95-0.89-0.97-0.92-0.96-0.13-0.74-0.68
0.990.980.870.540.990.980.950.950.06-0.920.990.04-0.92-0.19-0.40.96-0.970.990.980.960.980.980.340.920.88
-0.05-0.050.060.14-0.05-0.04-0.14-0.170.340.15-0.07-0.180.15-0.190.29-0.060.01-0.08-0.05-0.09-0.05-0.090.050.00.06
-0.34-0.32-0.140.03-0.36-0.34-0.55-0.560.630.59-0.42-0.420.59-0.40.29-0.410.3-0.39-0.3-0.42-0.36-0.430.7-0.21-0.04
0.970.980.780.550.980.970.980.97-0.04-0.960.990.25-0.960.96-0.06-0.41-0.970.990.961.00.970.990.330.830.83
-0.99-0.99-0.88-0.55-0.99-1.0-0.93-0.91-0.170.9-0.99-0.010.9-0.970.010.3-0.97-0.99-1.0-0.97-0.99-0.98-0.42-0.93-0.93
0.990.990.850.591.00.990.970.960.04-0.951.00.12-0.950.99-0.08-0.390.99-0.990.990.990.991.00.350.90.88
1.00.990.90.571.01.00.920.910.19-0.890.99-0.01-0.890.98-0.05-0.30.96-1.00.990.961.00.980.430.940.94
0.970.970.780.550.980.970.980.98-0.06-0.970.990.26-0.970.96-0.09-0.421.0-0.970.990.960.970.990.320.820.82
1.01.00.890.581.01.00.950.940.12-0.921.00.03-0.920.98-0.05-0.360.97-0.990.991.00.970.990.370.930.92
0.990.990.840.570.990.990.980.98-0.01-0.961.00.16-0.960.98-0.09-0.430.99-0.981.00.980.990.990.310.880.86
0.390.410.450.430.370.380.180.170.6-0.130.32-0.26-0.130.340.050.70.33-0.420.350.430.320.370.310.420.59
0.930.920.980.60.930.930.790.780.39-0.740.9-0.33-0.740.920.0-0.210.83-0.930.90.940.820.930.880.420.96
0.920.920.950.60.910.920.740.730.5-0.680.88-0.31-0.680.880.06-0.040.83-0.930.880.940.820.920.860.590.96
Click cells to compare fundamentals

Grupo Financiero Account Relationship Matchups

Grupo Financiero fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets664.1B1.1T1.7T3.4T10.3T10.8T
Short Long Term Debt Total67.5B52.6B78.0B157.7B492.0B516.6B
Other Current Liab15.6B16.1B11.2B276.3B284.0B298.2B
Total Current Liabilities62.5B46.7B72.7B410.2B617.2B648.1B
Total Stockholder Equity94.6B179.9B302.6B608.9B2.0T2.1T
Property Plant And Equipment Net14.1B43.7B62.2B115.8B355.2B373.0B
Net Debt(63.4B)(122.9B)(159.5B)(289.8B)2.4T2.5T
Retained Earnings(57.3B)(102.3B)(89.0B)(174.8B)1.3T1.3T
Accounts Payable529.7B671.0B1.0T2.1T144.5B232.5B
Cash130.8B175.4B237.4B447.5B(1.9T)(1.8T)
Non Current Assets Total115.1B330.9B675.2B1.3T6.8T7.1T
Non Currrent Assets Other(7.2B)(10.3B)(4.5B)(7.3T)715.0B750.7B
Cash And Short Term Investments130.6B175.4B237.4B447.5B(1.9T)(1.8T)
Net Receivables2.7B10.4B21.2B54.7B167.6B176.0B
Liabilities And Stockholders Equity664.1B1.1T1.7T3.4T10.3T10.8T
Non Current Liabilities Total566.7B878.1B1.4T164.1B7.6T8.0T
Inventory(179.3B)(268.8B)(509.5B)(723.6B)(2.2T)(2.1T)
Other Current Assets179.3B268.8B509.5B723.6B3.5T3.7T
Other Stockholder Equity75.9B101.5B148.9B283.3B733.7B770.4B
Total Liab566.7B878.1B1.4T164.1B8.3T8.7T
Property Plant And Equipment Gross33.0B43.7B106.1B214.3B678.2B712.1B
Total Current Assets133.4B185.8B258.7B502.2B3.5T3.7T
Accumulated Other Comprehensive Income40.4B179.1B241.2B498.9B1.3T1.3T
Other Liab23.5B17.7B64.0B483.7B556.2B584.0B
Other Assets415.7B541.2B747.8B1.5T1.8T1.9T
Long Term Debt67.5B52.6B78.0B150.0B436.3B458.1B
Intangible Assets5.5B14.5B21.2B38.5B122.2B128.3B
Property Plant Equipment44.9B43.7B62.2B115.8B133.2B139.9B
Short Term Investments(170.1M)476K(157K)447.1T(820.6B)(779.6B)
Short Term Debt46.9B30.6B61.5B134.0B333.2B349.9B
Net Tangible Assets140.5B165.4B281.3B570.8B656.5B689.3B
Long Term Investments95.3B272.7B591.8B1.2T2.6T2.7T
Capital Lease Obligations3.8B4.4B4.4B7.7B29.5B30.9B

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Grupo Financiero Galicia using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Grupo Financiero Galicia is a strong investment it is important to analyze Grupo Financiero's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Financiero's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grupo Financiero Galicia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Grupo Financiero Galicia information on this page should be used as a complementary analysis to other Grupo Financiero's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Grupo Stock analysis

When running Grupo Financiero's price analysis, check to measure Grupo Financiero's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grupo Financiero is operating at the current time. Most of Grupo Financiero's value examination focuses on studying past and present price action to predict the probability of Grupo Financiero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Financiero's price. Additionally, you may evaluate how the addition of Grupo Financiero to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Is Grupo Financiero's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Financiero. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Financiero listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.719
Earnings Share
2.58
Revenue Per Share
2.2 K
Quarterly Revenue Growth
0.66
Return On Assets
0.0323
The market value of Grupo Financiero Galicia is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Financiero's value that differs from its market value or its book value, called intrinsic value, which is Grupo Financiero's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Financiero's market value can be influenced by many factors that don't directly affect Grupo Financiero's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Financiero's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Financiero is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Financiero's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.