Grupo Financiero Galicia Quick ratio
What is the Quick ratio of Grupo Financiero Galicia?
The Quick ratio of Grupo Financiero Galicia is 0.64
What is the definition of Quick ratio?
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
Quick ratio of companies in the Finance sector on NASDAQ compared to Grupo Financiero Galicia
What does Grupo Financiero Galicia do?
Grupo Financiero Galicia is a financial services holding company based in Buenos Aires, and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically-owned private banks in the country.
Companies with quick ratio similar to Grupo Financiero Galicia
- Sanne plc has Quick ratio of 0.64
- Dongjiang Environmental has Quick ratio of 0.64
- Hornby PLC has Quick ratio of 0.64
- Salem Media Inc has Quick ratio of 0.64
- Saputo has Quick ratio of 0.64
- American States Water Co has Quick ratio of 0.64
- Grupo Financiero Galicia has Quick ratio of 0.64
- NantHealth Inc has Quick ratio of 0.64
- CSI Properties has Quick ratio of 0.64
- O Sorbet D'amour SA has Quick ratio of 0.64
- Leaf Mobile has Quick ratio of 0.64
- Riba Textiles has Quick ratio of 0.64
- Blue Ribbon Income Fund has Quick ratio of 0.64