GOLDMAN Total Revenue vs Net Debt Analysis

GS Stock

30.51 0.57 1.90%

GOLDMAN SACHS financial indicator trend analysis is much more than just examining GOLDMAN SACHS CDR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GOLDMAN SACHS CDR is a good investment. Please check the relationship between GOLDMAN SACHS Total Revenue 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 CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Revenue vs Net Debt

Total Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GOLDMAN SACHS CDR Total Revenue account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between GOLDMAN SACHS's Total Revenue and Net Debt is -0.98. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of GOLDMAN SACHS CDR, assuming nothing else is changed. The correlation between historical values of GOLDMAN SACHS's Total Revenue 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 Total Revenue of GOLDMAN SACHS CDR 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 Total Revenue i.e., GOLDMAN SACHS's Total Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

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Total Revenue

Total revenue comprises all receipts GOLDMAN SACHS CDR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GOLDMAN SACHS CDR 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 CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, GOLDMAN SACHS's Tax Provision is very stable compared to the past year. As of the 30th of November 2024, Selling General Administrative is likely to grow to about 17 B, while Issuance Of Capital Stock is likely to drop about 1.3 B.

	2021	2022	2023	2024 (projected)
Net Interest Income	6.5B	7.7B	6.4B	6.5B
Tax Provision	5.4B	2.2B	2.2B	2.4B

Net Interest Income Tax Provision

GOLDMAN SACHS fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Intangible Assets
Total Assets		0.94	0.99	0.98	0.99	0.98	-0.93	-0.87	0.99	0.93	0.97	0.96	-0.84	0.83	-0.69	-0.73	-0.8	0.94	1.0	0.9	0.85	-0.87	0.82	1.0	-0.54	0.59
Other Current Liab	0.94		0.97	0.94	0.91	0.98	-0.9	-0.73	0.95	0.87	0.89	0.86	-0.78	0.92	-0.52	-0.6	-0.91	0.99	0.94	0.9	0.77	-0.77	0.88	0.94	-0.34	0.76
Total Current Liabilities	0.99	0.97		0.97	0.98	0.99	-0.92	-0.84	0.98	0.92	0.96	0.93	-0.81	0.84	-0.61	-0.66	-0.83	0.97	0.99	0.91	0.83	-0.83	0.84	0.99	-0.44	0.62
Total Stockholder Equity	0.98	0.94	0.97		0.95	0.96	-0.92	-0.89	1.0	0.97	0.97	0.98	-0.84	0.89	-0.74	-0.8	-0.84	0.93	0.98	0.85	0.77	-0.88	0.79	0.96	-0.63	0.7
Other Liab	0.99	0.91	0.98	0.95		0.96	-0.86	-0.91	0.96	0.94	0.98	0.95	-0.82	0.75	-0.6	-0.66	-0.71	0.91	0.99	0.84	0.8	-0.8	0.73	0.99	-0.47	0.52
Net Tangible Assets	0.98	0.98	0.99	0.96	0.96		-0.95	-0.8	0.97	0.89	0.93	0.92	-0.78	0.86	-0.62	-0.66	-0.86	0.98	0.99	0.95	0.85	-0.86	0.88	0.98	-0.44	0.63
Property Plant And Equipment Net	-0.93	-0.9	-0.92	-0.92	-0.86	-0.95		0.71	-0.94	-0.81	-0.86	-0.89	0.7	-0.85	0.74	0.72	0.89	-0.92	-0.93	-0.97	-0.85	0.95	-0.9	-0.91	0.56	-0.6
Net Debt	-0.87	-0.73	-0.84	-0.89	-0.91	-0.8	0.71		-0.87	-0.96	-0.96	-0.95	0.69	-0.62	0.61	0.68	0.52	-0.7	-0.87	-0.6	-0.55	0.73	-0.44	-0.88	0.61	-0.45
Retained Earnings	0.99	0.95	0.98	1.0	0.96	0.97	-0.94	-0.87		0.96	0.97	0.97	-0.83	0.89	-0.73	-0.78	-0.85	0.94	0.99	0.88	0.79	-0.89	0.81	0.97	-0.6	0.68
Accounts Payable	0.93	0.87	0.92	0.97	0.94	0.89	-0.81	-0.96	0.96		0.98	0.97	-0.78	0.81	-0.66	-0.75	-0.72	0.84	0.93	0.71	0.62	-0.79	0.61	0.93	-0.61	0.66
Cash	0.97	0.89	0.96	0.97	0.98	0.93	-0.86	-0.96	0.97	0.98		0.98	-0.76	0.77	-0.63	-0.69	-0.71	0.87	0.97	0.79	0.71	-0.82	0.67	0.97	-0.55	0.57
Long Term Debt	0.96	0.86	0.93	0.98	0.95	0.92	-0.89	-0.95	0.97	0.97	0.98		-0.78	0.78	-0.76	-0.8	-0.72	0.85	0.96	0.8	0.73	-0.89	0.68	0.95	-0.69	0.56
Net Receivables	-0.84	-0.78	-0.81	-0.84	-0.82	-0.78	0.7	0.69	-0.83	-0.78	-0.76	-0.78		-0.75	0.7	0.81	0.67	-0.81	-0.84	-0.71	-0.81	0.68	-0.73	-0.8	0.59	-0.57
Good Will	0.83	0.92	0.84	0.89	0.75	0.86	-0.85	-0.62	0.89	0.81	0.77	0.78	-0.75		-0.6	-0.71	-0.97	0.92	0.82	0.79	0.63	-0.74	0.84	0.79	-0.48	0.93
Common Stock Shares Outstanding	-0.69	-0.52	-0.61	-0.74	-0.6	-0.62	0.74	0.61	-0.73	-0.66	-0.63	-0.76	0.7	-0.6		0.96	0.58	-0.56	-0.68	-0.64	-0.69	0.89	-0.59	-0.62	0.95	-0.38
Capital Lease Obligations	-0.73	-0.6	-0.66	-0.8	-0.66	-0.66	0.72	0.68	-0.78	-0.75	-0.69	-0.8	0.81	-0.71	0.96		0.65	-0.63	-0.72	-0.61	-0.66	0.84	-0.6	-0.66	0.94	-0.55
Other Current Assets	-0.8	-0.91	-0.83	-0.84	-0.71	-0.86	0.89	0.52	-0.85	-0.72	-0.71	-0.72	0.67	-0.97	0.58	0.65		-0.92	-0.8	-0.86	-0.68	0.77	-0.92	-0.77	0.41	-0.87
Other Stockholder Equity	0.94	0.99	0.97	0.93	0.91	0.98	-0.92	-0.7	0.94	0.84	0.87	0.85	-0.81	0.92	-0.56	-0.63	-0.92		0.94	0.93	0.83	-0.79	0.93	0.94	-0.37	0.74
Total Liab	1.0	0.94	0.99	0.98	0.99	0.99	-0.93	-0.87	0.99	0.93	0.97	0.96	-0.84	0.82	-0.68	-0.72	-0.8	0.94		0.91	0.85	-0.87	0.82	1.0	-0.53	0.58
Net Invested Capital	0.9	0.9	0.91	0.85	0.84	0.95	-0.97	-0.6	0.88	0.71	0.79	0.8	-0.71	0.79	-0.64	-0.61	-0.86	0.93	0.91		0.92	-0.88	0.96	0.89	-0.4	0.52
Long Term Investments	0.85	0.77	0.83	0.77	0.8	0.85	-0.85	-0.55	0.79	0.62	0.71	0.73	-0.81	0.63	-0.69	-0.66	-0.68	0.83	0.85	0.92		-0.82	0.89	0.83	-0.46	0.32
Property Plant And Equipment Gross	-0.87	-0.77	-0.83	-0.88	-0.8	-0.86	0.95	0.73	-0.89	-0.79	-0.82	-0.89	0.68	-0.74	0.89	0.84	0.77	-0.79	-0.87	-0.88	-0.82		-0.79	-0.84	0.76	-0.48
Short Long Term Debt	0.82	0.88	0.84	0.79	0.73	0.88	-0.9	-0.44	0.81	0.61	0.67	0.68	-0.73	0.84	-0.59	-0.6	-0.92	0.93	0.82	0.96	0.89	-0.79		0.79	-0.34	0.64
Total Current Assets	1.0	0.94	0.99	0.96	0.99	0.98	-0.91	-0.88	0.97	0.93	0.97	0.95	-0.8	0.79	-0.62	-0.66	-0.77	0.94	1.0	0.89	0.83	-0.84	0.79		-0.47	0.56
Capital Stock	-0.54	-0.34	-0.44	-0.63	-0.47	-0.44	0.56	0.61	-0.6	-0.61	-0.55	-0.69	0.59	-0.48	0.95	0.94	0.41	-0.37	-0.53	-0.4	-0.46	0.76	-0.34	-0.47		-0.33
Intangible Assets	0.59	0.76	0.62	0.7	0.52	0.63	-0.6	-0.45	0.68	0.66	0.57	0.56	-0.57	0.93	-0.38	-0.55	-0.87	0.74	0.58	0.52	0.32	-0.48	0.64	0.56	-0.33

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GOLDMAN SACHS Account Relationship Matchups

Pair Trading with GOLDMAN SACHS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GOLDMAN SACHS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GOLDMAN SACHS will appreciate offsetting losses from the drop in the long position's value.

Moving together with GOLDMAN Stock

0.88	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.79	RY	Royal Bank Earnings Call This Week	Pair Corr
0.85	RY-PM	Royal Bank Earnings Call This Week	Pair Corr
0.81	TD-PFI	Toronto Dominion Bank Earnings Call This Week	Pair Corr

Moving against GOLDMAN Stock

0.57

Toronto Dominion Bank Earnings Call This Week

Pair Corr

The ability to find closely correlated positions to GOLDMAN SACHS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GOLDMAN SACHS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GOLDMAN SACHS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GOLDMAN SACHS CDR to buy it.

The correlation of GOLDMAN SACHS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GOLDMAN SACHS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GOLDMAN SACHS CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for GOLDMAN SACHS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in GOLDMAN Stock

Balance Sheet is a snapshot of the financial position of GOLDMAN SACHS CDR 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.

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