Goldman Property Plant Equipment vs Net Debt 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 Property Plant Equipment and its Net Debt 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.

Property Plant Equipment vs Net Debt

Property Plant Equipment vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Property Plant Equipment account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Goldman Sachs' Property Plant Equipment and Net Debt is -0.08. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Debt 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' Property Plant Equipment and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Goldman Sachs Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant Equipment i.e., Goldman Sachs' Property Plant Equipment and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Property Plant Equipment

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.

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

Interest Expense Depreciation And Amortization

Goldman Sachs fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Long Term Debt	Inventory
Total Assets		0.58	0.19	0.39	0.92	0.01	0.83	0.85	0.76	0.9	0.42	0.74	0.7	0.25	0.78	-0.63	-0.25	0.51	-0.71	1.0	0.55	0.35	-0.64	0.75	0.69	-0.6
Short Long Term Debt Total	0.58		0.76	0.94	0.45	0.69	0.78	0.48	0.53	0.57	0.72	0.49	0.43	0.12	0.49	-0.52	-0.21	0.15	-0.72	0.59	0.93	0.94	-0.43	0.73	0.31	-0.27
Other Current Liab	0.19	0.76		0.91	-0.05	0.52	0.38	-0.03	0.4	0.1	0.83	0.32	0.35	-0.09	-0.08	-0.39	-0.26	0.12	-0.5	0.21	0.79	0.9	0.22	0.55	-0.12	-0.23
Total Current Liabilities	0.39	0.94	0.91		0.19	0.73	0.58	0.25	0.4	0.36	0.79	0.44	0.32	-0.02	0.22	-0.4	-0.29	0.05	-0.58	0.4	0.9	1.0	-0.14	0.63	0.06	-0.17
Total Stockholder Equity	0.92	0.45	-0.05	0.19		-0.07	0.82	0.89	0.67	0.84	0.19	0.58	0.63	0.35	0.93	-0.6	-0.05	0.52	-0.66	0.91	0.4	0.16	-0.81	0.61	0.76	-0.53
Net Debt	0.01	0.69	0.52	0.73	-0.07		0.18	-0.01	-0.25	0.23	0.34	0.05	-0.35	-0.02	0.19	0.04	-0.09	-0.51	-0.16	0.02	0.58	0.77	-0.2	0.12	-0.06	0.36
Retained Earnings	0.83	0.78	0.38	0.58	0.82	0.18		0.76	0.82	0.75	0.6	0.53	0.74	0.3	0.76	-0.81	-0.15	0.45	-0.92	0.83	0.75	0.54	-0.67	0.89	0.71	-0.67
Accounts Payable	0.85	0.48	-0.03	0.25	0.89	-0.01	0.76		0.66	0.72	0.12	0.65	0.63	0.21	0.81	-0.36	-0.17	0.58	-0.48	0.84	0.38	0.22	-0.83	0.53	0.52	-0.35
Cash	0.76	0.53	0.4	0.4	0.67	-0.25	0.82	0.66		0.49	0.55	0.59	0.99	0.18	0.44	-0.73	-0.17	0.8	-0.77	0.76	0.56	0.35	-0.34	0.84	0.48	-0.78
Non Current Assets Total	0.9	0.57	0.1	0.36	0.84	0.23	0.75	0.72	0.49		0.37	0.57	0.41	0.25	0.8	-0.52	-0.32	0.21	-0.62	0.89	0.5	0.35	-0.72	0.62	0.81	-0.47
Non Currrent Assets Other	0.42	0.72	0.83	0.79	0.19	0.34	0.6	0.12	0.55	0.37		0.46	0.47	-0.14	0.09	-0.69	-0.46	0.1	-0.75	0.44	0.73	0.76	0.1	0.79	0.3	-0.58
Other Assets	0.74	0.49	0.32	0.44	0.58	0.05	0.53	0.65	0.59	0.57	0.46		0.57	-0.42	0.45	-0.31	-0.26	0.5	-0.41	0.74	0.29	0.41	-0.32	0.53	0.3	-0.22
Cash And Short Term Investments	0.7	0.43	0.35	0.32	0.63	-0.35	0.74	0.63	0.99	0.41	0.47	0.57		0.15	0.38	-0.66	-0.14	0.88	-0.68	0.7	0.47	0.26	-0.29	0.75	0.42	-0.75
Net Receivables	0.25	0.12	-0.09	-0.02	0.35	-0.02	0.3	0.21	0.18	0.25	-0.14	-0.42	0.15		0.35	-0.3	0.09	0.06	-0.29	0.24	0.39	-0.03	-0.32	0.19	0.25	-0.38
Common Stock Total Equity	0.78	0.49	-0.08	0.22	0.93	0.19	0.76	0.81	0.44	0.8	0.09	0.45	0.38	0.35		-0.49	0.09	0.29	-0.59	0.76	0.4	0.22	-0.9	0.46	0.73	-0.28
Common Stock Shares Outstanding	-0.63	-0.52	-0.39	-0.4	-0.6	0.04	-0.81	-0.36	-0.73	-0.52	-0.69	-0.31	-0.66	-0.3	-0.49		0.06	-0.3	0.96	-0.63	-0.62	-0.36	0.24	-0.87	-0.67	0.83
Short Term Investments	-0.25	-0.21	-0.26	-0.29	-0.05	-0.09	-0.15	-0.17	-0.17	-0.32	-0.46	-0.26	-0.14	0.09	0.09	0.06		-0.04	0.1	-0.27	-0.22	-0.27	-0.07	-0.27	-0.15	0.35
Non Current Liabilities Total	0.51	0.15	0.12	0.05	0.52	-0.51	0.45	0.58	0.8	0.21	0.1	0.5	0.88	0.06	0.29	-0.3	-0.04		-0.31	0.51	0.14	0.0	-0.27	0.36	0.23	-0.48
Other Stockholder Equity	-0.71	-0.72	-0.5	-0.58	-0.66	-0.16	-0.92	-0.48	-0.77	-0.62	-0.75	-0.41	-0.68	-0.29	-0.59	0.96	0.1	-0.31		-0.71	-0.77	-0.55	0.39	-0.92	-0.68	0.76
Total Liab	1.0	0.59	0.21	0.4	0.91	0.02	0.83	0.84	0.76	0.89	0.44	0.74	0.7	0.24	0.76	-0.63	-0.27	0.51	-0.71		0.55	0.37	-0.62	0.76	0.68	-0.61
Total Current Assets	0.55	0.93	0.79	0.9	0.4	0.58	0.75	0.38	0.56	0.5	0.73	0.29	0.47	0.39	0.4	-0.62	-0.22	0.14	-0.77	0.55		0.88	-0.3	0.77	0.27	-0.45
Short Term Debt	0.35	0.94	0.9	1.0	0.16	0.77	0.54	0.22	0.35	0.35	0.76	0.41	0.26	-0.03	0.22	-0.36	-0.27	0.0	-0.55	0.37	0.88		-0.14	0.58	0.05	-0.12
Common Stock	-0.64	-0.43	0.22	-0.14	-0.81	-0.2	-0.67	-0.83	-0.34	-0.72	0.1	-0.32	-0.29	-0.32	-0.9	0.24	-0.07	-0.27	0.39	-0.62	-0.3	-0.14		-0.31	-0.64	0.13
Other Liab	0.75	0.73	0.55	0.63	0.61	0.12	0.89	0.53	0.84	0.62	0.79	0.53	0.75	0.19	0.46	-0.87	-0.27	0.36	-0.92	0.76	0.77	0.58	-0.31		0.58	-0.77
Long Term Debt	0.69	0.31	-0.12	0.06	0.76	-0.06	0.71	0.52	0.48	0.81	0.3	0.3	0.42	0.25	0.73	-0.67	-0.15	0.23	-0.68	0.68	0.27	0.05	-0.64	0.58		-0.64
Inventory	-0.6	-0.27	-0.23	-0.17	-0.53	0.36	-0.67	-0.35	-0.78	-0.47	-0.58	-0.22	-0.75	-0.38	-0.28	0.83	0.35	-0.48	0.76	-0.61	-0.45	-0.12	0.13	-0.77	-0.64

Click cells to compare fundamentals

Goldman Sachs Account Relationship Matchups

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Goldman Sachs Group is a strong investment it is important to analyze Goldman Sachs' 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 Goldman Sachs' future performance. For an informed investment choice regarding Goldman Stock, refer to the following important reports:

How To Invest In Goldman

Details

Is Goldman Stock a good investment?

Details

What is Goldman Sachs' Net Worth?

Details

Largest Financial Services Companies

View

Largest NYSE Composite Companies

View

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.

You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Goldman Stock analysis

When running Goldman Sachs' price analysis, check to measure Goldman Sachs' 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 Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.

	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments

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

25.68

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Goldman Property Plant Equipment vs Net Debt Analysis

Property Plant Equipment vs Net Debt

Property Plant Equipment vs Net Debt Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Net Debt

Goldman Sachs fundamental ratios Correlations

Goldman Sachs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Goldman Sachs fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Goldman Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Other Stockholder Equity	+ 0.96	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.94	Short Long Term Debt Total
Short Term Debt	+ 0.94	Short Long Term Debt Total

Other Liab	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.92	Retained Earnings
Common Stock	- 0.9	Common Stock Total Equity
Other Liab	- 0.87	Common Stock Shares Outstanding
Common Stock	- 0.83	Accounts Payable
Common Stock Shares Outstanding	- 0.81	Retained Earnings