Goldman Sachs Financials

GS Stock  USD 602.78  6.67  1.12%   
Based on the key indicators related to Goldman Sachs' liquidity, profitability, solvency, and operating efficiency, Goldman Sachs Group may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Goldman Sachs' Non Current Liabilities Total is comparatively stable compared to the past year. Accumulated Other Comprehensive Income is likely to gain to about 2.3 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 251.1 B in 2024. Key indicators impacting Goldman Sachs' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.180.2134
Fairly Down
Very volatile
Return On Assets0.00950.0052
Way Up
Very volatile
Return On Equity0.140.0728
Way Up
Pretty Stable
Debt Equity Ratio4.172.8315
Way Up
Slightly volatile
Operating Income13.7 B26.4 B
Way Down
Slightly volatile
Current Ratio0.520.2824
Way Up
Pretty Stable
The financial analysis of Goldman Sachs is a critical element in measuring its lifeblood. Investors should not minimize Goldman Sachs' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

170.89 Billion

  
Understanding current and past Goldman Sachs Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goldman Sachs' financial statements are interrelated, with each one affecting the others. For example, an increase in Goldman Sachs' assets may result in an increase in income on the income statement.

Goldman Sachs Earnings Geography

Please note, the imprecision that can be found in Goldman Sachs' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goldman Sachs Group. Check Goldman Sachs' Beneish M Score to see the likelihood of Goldman Sachs' management manipulating its earnings.

Goldman Sachs Stock Summary

Goldman Sachs competes with Morgan Stanley, JPMorgan Chase, Wells Fargo, Citigroup, and American Express. The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. The company was founded in 1869 and is headquartered in New York, New York. Goldman Sachs operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 49100 people.
Foreign Associate
  Canada
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS38141G1040
CUSIP38141G104
LocationNew York; U.S.A
Business Address200 West Street,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.goldmansachs.com
Phone212 902 1000
CurrencyUSD - US Dollar

Goldman Sachs Key Financial Ratios

Goldman Sachs Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets993B1.2T1.5T1.4T1.6T940.1B
Other Current Liab(223B)(244B)(263.5B)(2.7B)(316.8B)(301.0B)
Net Debt122B110B40B(158.9B)91.7B107.1B
Retained Earnings106.5B112.9B131.8B139.4B143.7B150.9B
Accounts Payable175B191B251.9B262.0B230.7B204.3B
Cash133B156B261B466.9B241.6B253.7B
Other Assets336.9B372.1B551.9B639.9B1.1T1.1T
Net Receivables75B121B161B135.4B148.6B105.6B
Total Liab903B1.1T1.4T1.3T1.5T868.7B
Total Current Assets208B277.5B422.0B402.0B241.6B182.5B
Short Term Debt48B53B56.1B67.8B83.1B64.4B
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
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

Goldman Sachs Key Income Statement Accounts

The reason investors look at the income statement is to determine what Goldman Sachs' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense17.4B8.9B5.7B21.3B62.2B65.3B
Total Revenue33.3B40.4B59.3B47.4B45.2B33.8B
Gross Profit19.9B26.2B40.6B31.2B23.4B29.5B
Operating Income10.6B12.5B27.0B34.8B26.4B13.7B
Ebit10.6B12.5B27.0B34.8B10.7B13.0B
Ebitda12.3B14.4B29.1B37.3B15.6B14.6B
Cost Of Revenue13.4B14.3B18.7B16.2B21.9B16.9B
Income Before Tax10.6B12.5B27.0B13.5B10.7B11.4B
Net Income8.5B9.5B21.6B11.3B8.5B8.1B
Income Tax Expense2.1B3.0B5.4B2.2B2.2B3.3B
Minority Interest553M1.6B1.7B1.6B1.9B1.1B
Tax Provision2.1B3.0B5.4B2.2B2.2B2.6B
Net Interest Income4.4B4.8B6.5B7.7B6.4B5.3B
Interest Income21.7B13.7B12.1B29.0B62.4B65.6B

Goldman Sachs Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.0B22.3B105.2B(19.2B)(248M)(235.6M)
Free Cash Flow15.4B(20.0B)(3.7B)5.0B(14.9B)(14.2B)
Depreciation1.7B1.9B2.0B2.5B4.9B5.1B
Other Non Cash Items1.0B3.1B357M2.7B(26.7B)(25.3B)
Dividends Paid2.1B2.3B2.7B3.7B4.2B4.4B
Capital Expenditures8.4B6.3B4.7B3.7B2.3B2.8B
Net Income8.5B9.5B21.6B11.3B8.5B8.1B
End Period Cash Flow133.5B155.8B261.0B241.8B241.6B253.7B
Investments(21.6B)(30.8B)(29.7B)(72.8B)(20.3B)(21.3B)
Net Borrowings22.2B51.2B90.9B82.9B95.4B100.1B
Change To Netincome1.3B6.0B(2.8B)7.5B8.7B9.1B

Goldman Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Goldman Sachs's current stock value. Our valuation model uses many indicators to compare Goldman Sachs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goldman Sachs competition to find correlations between indicators driving Goldman Sachs's intrinsic value. More Info.
Goldman Sachs Group is rated # 4 in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Goldman Sachs Group is roughly  13.74 . At this time, Goldman Sachs' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Goldman Sachs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Goldman Sachs Group Systematic Risk

Goldman Sachs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goldman Sachs volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Goldman Sachs Group correlated with the market. If Beta is less than 0 Goldman Sachs generally moves in the opposite direction as compared to the market. If Goldman Sachs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goldman Sachs Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goldman Sachs is generally in the same direction as the market. If Beta > 1 Goldman Sachs moves generally in the same direction as, but more than the movement of the benchmark.

Goldman Sachs Thematic Clasifications

Goldman Sachs Group is part of several thematic ideas from Momentum to FinTech. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Goldman Sachs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Goldman Sachs' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Goldman Sachs growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.61)

At this time, Goldman Sachs' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Goldman Sachs November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Goldman Sachs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goldman Sachs Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goldman Sachs Group based on widely used predictive technical indicators. In general, we focus on analyzing Goldman Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goldman Sachs's daily price indicators and compare them against related drivers.

Additional 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.