Goldman Cost Of Revenue vs Minority Interest Analysis
GS Stock | USD 427.57 7.52 1.79% |
Goldman Sachs financial indicator trend analysis is much more than just examining Goldman Sachs Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldman Sachs Group is a good investment. Please check the relationship between Goldman Sachs Cost Of Revenue and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Cost Of Revenue vs Minority Interest
Cost Of Revenue vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Cost Of Revenue account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Goldman Sachs' Cost Of Revenue and Minority Interest is 0.19. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Goldman Sachs Group, assuming nothing else is changed. The correlation between historical values of Goldman Sachs' Cost Of Revenue and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Goldman Sachs Group are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Cost Of Revenue i.e., Goldman Sachs' Cost Of Revenue and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Goldman Sachs Group income statement and represents the costs associated with goods and services Goldman Sachs provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Goldman Sachs Group whose combined shares represent less than 50% of the total outstanding shares issued by Goldman Sachs have a minority interest in Goldman Sachs.Most indicators from Goldman Sachs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldman Sachs Group 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 Goldman Sachs Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Goldman Sachs' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.46 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.1 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.7B | 21.3B | 62.2B | 65.3B | Depreciation And Amortization | 2.0B | 2.5B | 4.9B | 5.1B |
Goldman Sachs fundamental ratios Correlations
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Goldman Sachs Account Relationship Matchups
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Goldman Sachs fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 993B | 1.2T | 1.5T | 1.4T | 1.6T | 940.1B | |
Short Long Term Debt Total | 255B | 266B | 301B | 308B | 643.6B | 675.8B | |
Other Current Liab | (223B) | (244B) | (299B) | 6.8B | 520.4B | 546.4B | |
Total Current Liabilities | 223B | 244B | 299B | 329.8B | 1.2T | 1.3T | |
Net Debt | 122B | 110B | 40B | (158.9B) | 402.0B | 422.1B | |
Retained Earnings | 106.5B | 112.9B | 131.8B | 139.4B | 143.7B | 150.9B | |
Accounts Payable | 175B | 191B | 252B | 262B | 230.7B | 204.3B | |
Cash | 133B | 156B | 261B | 466.9B | 241.6B | 253.7B | |
Non Current Assets Total | 448.1B | 513.4B | 489.1B | 400.1B | 599.8B | 361.1B | |
Non Currrent Assets Other | (2.1B) | (3.0B) | (3.9B) | (66.6B) | 328.7B | 345.1B | |
Other Assets | 336.9B | 372.1B | 551.9B | 639.9B | 735.9B | 376.3B | |
Cash And Short Term Investments | 133B | 156.5B | 261.0B | 597.6B | 242B | 254.1B | |
Net Receivables | 75B | 121B | 161B | 135.4B | 148.6B | 105.6B | |
Common Stock Shares Outstanding | 375.5M | 360.3M | 355.8M | 358.1M | 345.8M | 372.9M | |
Short Term Investments | 63.9B | 526M | 25M | 130.6B | 33.2B | 31.5B | |
Liabilities And Stockholders Equity | 993B | 1.2T | 1.5T | 1.4T | 1.6T | 940.1B | |
Non Current Liabilities Total | 207B | 213B | 254B | 1.3T | 331.6B | 273.8B | |
Other Stockholder Equity | (26.2B) | (26.7B) | (30.5B) | (30.1B) | (40.2B) | (38.2B) | |
Total Liab | 903B | 1.1T | 1.4T | 1.3T | 1.5T | 868.7B | |
Total Current Assets | 208B | 277.5B | 422.0B | 402.0B | 1.0T | 1.1T | |
Accumulated Other Comprehensive Income | (1.5B) | (1.4B) | (2.1B) | (3.0B) | 2.2B | 2.3B | |
Short Term Debt | 48B | 53B | 47B | 61B | 441.6B | 463.7B | |
Other Liab | 151.0B | 282B | 389B | 325.2B | 374.0B | 392.7B | |
Long Term Debt | 315.9B | 367.2B | 254B | 247B | 247.9B | 190.6B | |
Treasury Stock | (84.0B) | (85.9B) | (91.1B) | (94.6B) | (85.2B) | (80.9B) | |
Intangible Assets | 641M | 630M | 418M | 2.0B | 1.2B | 1.1B | |
Good Will | 4.2B | 4.3B | 4.3B | 6.4B | 5.9B | 4.2B | |
Property Plant And Equipment Gross | 24.2B | 25.4B | 30.6B | 31.4B | 27.1B | 15.3B | |
Property Plant Equipment | 24.2B | 25.4B | 20.4B | 19.2B | 22.1B | 13.3B | |
Property Plant And Equipment Net | 24.2B | 25.4B | 20.4B | 19.2B | 13.3B | 14.8B | |
Retained Earnings Total Equity | 106.5B | 112.9B | 131.8B | 139.4B | 160.3B | 88.6B | |
Net Tangible Assets | 79.1B | 84.7B | 99.3B | 106.5B | 122.5B | 87.5B | |
Long Term Debt Total | 315.9B | 367.2B | 254B | 247B | 284.1B | 243.9B | |
Capital Surpluse | 54.9B | 55.7B | 56.4B | 59.1B | 67.9B | 57.4B | |
Other Current Assets | 665.3B | 777.9B | 932.4B | 859.1B | 1.0T | 1.1T |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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Is Goldman Sachs' 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 Goldman Sachs. If investors know Goldman 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 Goldman Sachs 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 0.317 | Dividend Share 10.75 | Earnings Share 25.67 | Revenue Per Share 138.222 | Quarterly Revenue Growth 0.121 |
The market value of Goldman Sachs Group is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' 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 Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' 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 Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldman Sachs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' 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.