Grupo Tax Provision from 2010 to 2024

GGAL Stock  USD 51.79  0.04  0.08%   
Grupo Financiero Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about 216.1 B this year. Tax Provision is the amount set aside by Grupo Financiero Galicia to cover any estimated taxes for the current period. It reflects Grupo Financiero's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
205.8 B
Current Value
216.1 B
Quarterly Volatility
71.9 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Grupo Financiero financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo Financiero's main balance sheet or income statement drivers, such as Depreciation And Amortization of 241.5 B, Interest Expense of 3.2 T or Selling General Administrative of 575.1 B, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.25 or PTB Ratio of 1.24. Grupo financial statements analysis is a perfect complement when working with Grupo Financiero Valuation or Volatility modules.
  
Check out the analysis of Grupo Financiero Correlation against competitors.

Latest Grupo Financiero's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Grupo Financiero Galicia over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Grupo Financiero's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Financiero's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Grupo Tax Provision Regression Statistics

Arithmetic Mean34,670,910,537
Geometric Mean8,897,272,311
Coefficient Of Variation207.28
Mean Deviation47,017,488,664
Median4,954,967,000
Standard Deviation71,866,721,496
Sample Variance5164825658.6T
Range213.3B
R-Value0.65
Mean Square Error3235657688.6T
R-Squared0.42
Significance0.01
Slope10,392,993,737
Total Sum of Squares72307559220.4T

Grupo Tax Provision History

2024216.1 B
2023205.8 B
202217 B
202115.1 B
202020.9 B
201913 B
20186.9 B

About Grupo Financiero Financial Statements

Grupo Financiero investors utilize fundamental indicators, such as Tax Provision, to predict how Grupo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision205.8 B216.1 B

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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 the analysis of Grupo Financiero Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified Banks space 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
3.757
Earnings Share
2.31
Revenue Per Share
K
Quarterly Revenue Growth
1.956
Return On Assets
0.08
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.