Goldman Net Debt vs Capital Stock Analysis
GS Stock | USD 458.47 4.91 1.08% |
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 Net Debt and its Capital Stock 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.
Net Debt vs Capital Stock
Net Debt vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Net Debt account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Goldman Sachs' Net Debt and Capital Stock is -0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Stock 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' Net Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Goldman Sachs Group are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Debt i.e., Goldman Sachs' Net Debt and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.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
High Positive Relationship
High Negative Relationship
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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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 0.318 | Dividend Share 10.75 | Earnings Share 25.65 | 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.