Goldman Non Current Assets Total vs Other Assets 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 Non Current Assets Total and its Other Assets 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.
Non Current Assets Total vs Other Assets
Non Current Assets Total vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Non Current Assets Total account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Goldman Sachs' Non Current Assets Total and Other Assets is 0.57. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Assets 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' Non Current Assets Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Goldman Sachs Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Assets Total i.e., Goldman Sachs' Non Current Assets Total and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Other Assets
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 |
Goldman Sachs Investors Sentiment
The influence of Goldman Sachs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Goldman. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Goldman Sachs' public news can be used to forecast risks associated with an investment in Goldman. The trend in average sentiment can be used to explain how an investor holding Goldman can time the market purely based on public headlines and social activities around Goldman Sachs Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Goldman Sachs' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goldman Sachs' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Goldman Sachs' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Goldman Sachs.
Goldman Sachs Implied Volatility | 33.65 |
Goldman Sachs' implied volatility exposes the market's sentiment of Goldman Sachs Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Goldman Sachs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Goldman Sachs stock will not fluctuate a lot when Goldman Sachs' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goldman Sachs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goldman Sachs' short interest history, or implied volatility extrapolated from Goldman Sachs options trading.
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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.
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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.