Goldman Return on Average Assets vs Total Debt Analysis

GS Stock  USD 415.25  9.07  2.23%   
Trend analysis of Goldman Sachs Group balance sheet accounts such as Other Current Liabilities of 546.4 B provides information on Goldman Sachs' total assets, liabilities, and equity, which is the actual value of Goldman Sachs Group to its prevalent stockholders. By breaking down trends over time using Goldman Sachs balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Goldman Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Goldman Sachs Group at a specified time, usually calculated after every quarter, six months, or one year. Goldman Sachs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Goldman Sachs and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Goldman currently owns. An asset can also be divided into two categories, current and non-current.

Goldman Sachs Balance Sheet Chart

Goldman Sachs Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Goldman Sachs Group uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Goldman Sachs' Common Stock Shares Outstanding is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 1.1 T in 2024, whereas Total Stockholder Equity is likely to drop slightly above 71 B in 2024.

Total Assets

Total assets refers to the total amount of Goldman Sachs assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Goldman Sachs Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Goldman Sachs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Goldman Sachs Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
Tax Provision is likely to gain to about 2.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 13.7 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.7B21.3B62.2B65.3B
Depreciation And Amortization2.0B2.5B4.9B5.1B

Goldman Sachs fundamental ratios Correlations

0.580.190.390.920.010.830.850.760.90.420.740.70.250.78-0.64-0.250.51-0.711.00.550.35-0.640.750.69-0.6
0.580.760.940.450.690.780.480.530.570.720.490.430.120.49-0.51-0.210.15-0.720.590.930.94-0.430.730.31-0.27
0.190.760.91-0.050.520.38-0.030.40.10.830.320.35-0.09-0.08-0.39-0.260.12-0.50.210.790.90.220.55-0.12-0.23
0.390.940.910.190.730.580.250.40.360.790.440.32-0.020.22-0.39-0.290.05-0.580.40.91.0-0.140.630.06-0.17
0.920.45-0.050.19-0.070.820.890.670.840.190.580.630.350.93-0.61-0.050.52-0.660.910.40.16-0.810.610.76-0.53
0.010.690.520.73-0.070.18-0.01-0.250.230.340.05-0.35-0.020.190.05-0.09-0.51-0.160.020.580.77-0.20.12-0.060.36
0.830.780.380.580.820.180.760.820.750.60.530.740.30.76-0.82-0.150.45-0.920.830.750.54-0.670.890.71-0.67
0.850.48-0.030.250.89-0.010.760.660.720.120.650.630.210.81-0.37-0.170.58-0.480.840.380.22-0.830.530.52-0.35
0.760.530.40.40.67-0.250.820.660.490.550.590.990.180.44-0.74-0.170.8-0.770.760.560.35-0.340.840.48-0.78
0.90.570.10.360.840.230.750.720.490.370.570.410.250.8-0.52-0.320.21-0.620.890.50.35-0.720.620.81-0.47
0.420.720.830.790.190.340.60.120.550.370.460.47-0.140.09-0.69-0.460.1-0.750.440.730.760.10.790.3-0.58
0.740.490.320.440.580.050.530.650.590.570.460.57-0.420.45-0.32-0.260.5-0.410.740.290.41-0.320.530.3-0.22
0.70.430.350.320.63-0.350.740.630.990.410.470.570.150.38-0.67-0.140.88-0.680.70.470.26-0.290.750.42-0.75
0.250.12-0.09-0.020.35-0.020.30.210.180.25-0.14-0.420.150.35-0.30.090.06-0.290.240.39-0.03-0.320.190.25-0.38
0.780.49-0.080.220.930.190.760.810.440.80.090.450.380.35-0.490.090.29-0.590.760.40.22-0.90.460.73-0.28
-0.64-0.51-0.39-0.39-0.610.05-0.82-0.37-0.74-0.52-0.69-0.32-0.67-0.3-0.490.07-0.310.96-0.64-0.61-0.350.24-0.88-0.670.83
-0.25-0.21-0.26-0.29-0.05-0.09-0.15-0.17-0.17-0.32-0.46-0.26-0.140.090.090.07-0.040.1-0.27-0.22-0.27-0.07-0.27-0.150.35
0.510.150.120.050.52-0.510.450.580.80.210.10.50.880.060.29-0.31-0.04-0.310.510.140.0-0.270.360.23-0.48
-0.71-0.72-0.5-0.58-0.66-0.16-0.92-0.48-0.77-0.62-0.75-0.41-0.68-0.29-0.590.960.1-0.31-0.71-0.77-0.550.39-0.92-0.680.76
1.00.590.210.40.910.020.830.840.760.890.440.740.70.240.76-0.64-0.270.51-0.710.550.37-0.620.760.68-0.61
0.550.930.790.90.40.580.750.380.560.50.730.290.470.390.4-0.61-0.220.14-0.770.550.88-0.30.770.27-0.45
0.350.940.91.00.160.770.540.220.350.350.760.410.26-0.030.22-0.35-0.270.0-0.550.370.88-0.140.580.05-0.12
-0.64-0.430.22-0.14-0.81-0.2-0.67-0.83-0.34-0.720.1-0.32-0.29-0.32-0.90.24-0.07-0.270.39-0.62-0.3-0.14-0.31-0.640.13
0.750.730.550.630.610.120.890.530.840.620.790.530.750.190.46-0.88-0.270.36-0.920.760.770.58-0.310.58-0.77
0.690.31-0.120.060.76-0.060.710.520.480.810.30.30.420.250.73-0.67-0.150.23-0.680.680.270.05-0.640.58-0.64
-0.6-0.27-0.23-0.17-0.530.36-0.67-0.35-0.78-0.47-0.58-0.22-0.75-0.38-0.280.830.35-0.480.76-0.61-0.45-0.120.13-0.77-0.64
Click cells to compare fundamentals

Goldman Sachs Account Relationship Matchups

Goldman Sachs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets993B1.2T1.5T1.4T1.6T940.1B
Short Long Term Debt Total255B266B301B308B643.6B675.8B
Other Current Liab(223B)(244B)(299B)6.8B520.4B546.4B
Total Current Liabilities223B244B299B329.8B1.2T1.3T
Net Debt122B110B40B(158.9B)402.0B422.1B
Retained Earnings106.5B112.9B131.8B139.4B143.7B150.9B
Accounts Payable175B191B252B262B230.7B204.3B
Cash133B156B261B466.9B241.6B253.7B
Non Current Assets Total448.1B513.4B489.1B400.1B599.8B361.1B
Non Currrent Assets Other(2.1B)(3.0B)(3.9B)(66.6B)328.7B345.1B
Other Assets336.9B372.1B551.9B639.9B735.9B376.3B
Cash And Short Term Investments133B156.5B261.0B597.6B242B254.1B
Net Receivables75B121B161B135.4B148.6B105.6B
Common Stock Shares Outstanding375.5M360.3M352.3M352.3M345.8M372.6M
Short Term Investments63.9B526M25M130.6B33.2B31.5B
Liabilities And Stockholders Equity993B1.2T1.5T1.4T1.6T940.1B
Non Current Liabilities Total207B213B254B1.3T331.6B273.8B
Other Stockholder Equity(26.2B)(26.7B)(30.5B)(30.1B)(40.2B)(38.2B)
Total Liab903B1.1T1.4T1.3T1.5T868.7B
Total Current Assets208B277.5B422.0B402.0B1.0T1.1T
Accumulated Other Comprehensive Income(1.5B)(1.4B)(2.1B)(3.0B)2.2B2.3B
Short Term Debt48B53B47B61B441.6B463.7B
Other Liab151.0B282B389B325.2B374.0B392.7B
Long Term Debt315.9B367.2B254B247B247.9B190.6B
Treasury Stock(84.0B)(85.9B)(91.1B)(94.6B)(85.2B)(80.9B)
Intangible Assets641M630M418M2.0B1.2B1.1B
Good Will4.2B4.3B4.3B6.4B5.9B4.2B
Property Plant And Equipment Gross24.2B25.4B30.6B31.4B27.1B15.3B
Property Plant Equipment24.2B25.4B20.4B19.2B22.1B13.3B
Property Plant And Equipment Net24.2B25.4B20.4B19.2B13.3B14.8B
Retained Earnings Total Equity106.5B112.9B131.8B139.4B160.3B88.6B
Net Tangible Assets79.1B84.7B99.3B106.5B122.5B87.5B
Long Term Debt Total315.9B367.2B254B247B284.1B243.9B
Capital Surpluse54.9B55.7B56.4B59.1B67.9B57.4B
Other Current Assets665.3B777.9B932.4B859.1B1.0T1.1T

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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:
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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
0.649
Dividend Share
10.5
Earnings Share
22.87
Revenue Per Share
132.705
Quarterly Revenue Growth
0.116
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.