Goldman Minority Interest vs Other Operating Expenses Analysis

GS Stock

USD 640.40 5.30 0.82%

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 Minority Interest and its Other Operating Expenses 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 closely tied with the direction of predictive economic indicators such as signals in state.

Minority Interest vs Other Operating Expenses

Minority Interest vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Minority Interest account and Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.

The correlation between Goldman Sachs' Minority Interest and Other Operating Expenses is 0.39. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses 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' Minority Interest and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Goldman Sachs Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., Goldman Sachs' Minority Interest and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Goldman Sachs Group whose combined shares represent less than 50% of the total outstanding shares issued by Goldman Sachs have a minority interest in Goldman Sachs.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Goldman Sachs Group. It is also known as Goldman Sachs overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 closely tied 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. Enterprise Value is likely to gain to about 183.1 B in 2025, whereas Selling General Administrative is likely to drop slightly above 1.6 B in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	31.2B	46.3B	52.2B	31.5B
Total Revenue	47.4B	46.3B	52.2B	34.7B

Gross Profit Total Revenue

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		0.6	0.4	0.54	0.93	-0.01	0.82	0.87	0.75	0.42	0.39	0.64	0.67	0.27	0.73	-0.68	-0.3	0.66	-0.54	1.0	0.43	0.69	0.27	0.78	0.71	-0.58
Short Long Term Debt Total	0.6		0.57	0.78	0.54	0.62	0.87	0.54	0.27	0.93	0.86	0.78	0.22	0.13	0.56	-0.64	-0.28	0.71	-0.11	0.6	0.12	0.52	0.82	0.76	0.61	-0.39
Other Current Liab	0.4	0.57		0.92	0.16	0.38	0.55	0.16	0.23	0.64	0.8	0.84	0.2	-0.02	-0.03	-0.5	-0.3	0.87	-0.02	0.42	-0.16	0.51	0.72	0.6	0.03	-0.25
Total Current Liabilities	0.54	0.78	0.92		0.34	0.6	0.72	0.41	0.19	0.82	0.88	0.95	0.15	0.03	0.25	-0.5	-0.33	0.9	0.02	0.55	-0.11	0.67	0.85	0.66	0.17	-0.18
Total Stockholder Equity	0.93	0.54	0.16	0.34		-0.06	0.8	0.91	0.73	0.31	0.21	0.44	0.66	0.36	0.91	-0.65	-0.11	0.51	-0.61	0.92	0.54	0.54	0.13	0.66	0.78	-0.53
Net Debt	-0.01	0.62	0.38	0.6	-0.06		0.27	0.07	-0.53	0.75	0.64	0.48	-0.57	0.01	0.18	0.03	-0.07	0.28	0.5	0.0	-0.34	0.38	0.77	0.09	-0.01	0.37
Retained Earnings	0.82	0.87	0.55	0.72	0.8	0.27		0.76	0.63	0.73	0.68	0.77	0.56	0.29	0.71	-0.82	-0.21	0.79	-0.46	0.82	0.42	0.5	0.6	0.91	0.68	-0.61
Accounts Payable	0.87	0.54	0.16	0.41	0.91	0.07	0.76		0.65	0.42	0.28	0.55	0.6	0.23	0.83	-0.43	-0.22	0.56	-0.31	0.86	0.4	0.67	0.26	0.59	0.56	-0.36
Cash	0.75	0.27	0.23	0.19	0.73	-0.53	0.63	0.65		0.1	0.14	0.34	0.99	0.21	0.45	-0.67	-0.12	0.53	-0.63	0.75	0.57	0.28	-0.01	0.69	0.52	-0.78
Non Current Assets Total	0.42	0.93	0.64	0.82	0.31	0.75	0.73	0.42	0.1		0.94	0.79	0.07	0.08	0.35	-0.46	-0.29	0.7	0.21	0.43	-0.02	0.51	0.96	0.64	0.31	-0.23
Non Currrent Assets Other	0.39	0.86	0.8	0.88	0.21	0.64	0.68	0.28	0.14	0.94		0.84	0.11	-0.02	0.17	-0.55	-0.35	0.76	0.15	0.4	-0.12	0.44	0.96	0.69	0.23	-0.31
Other Assets	0.64	0.78	0.84	0.95	0.44	0.48	0.77	0.55	0.34	0.79	0.84		0.3	-0.17	0.32	-0.51	-0.35	0.91	-0.03	0.65	-0.17	0.74	0.78	0.72	0.25	-0.22
Cash And Short Term Investments	0.67	0.22	0.2	0.15	0.66	-0.57	0.56	0.6	0.99	0.07	0.11	0.3		0.17	0.38	-0.59	-0.11	0.52	-0.56	0.67	0.53	0.25	-0.03	0.63	0.45	-0.74
Net Receivables	0.27	0.13	-0.02	0.03	0.36	0.01	0.29	0.23	0.21	0.08	-0.02	-0.17	0.17		0.37	-0.31	0.07	0.07	-0.32	0.26	0.86	-0.09	0.02	0.22	0.27	-0.39
Common Stock Total Equity	0.73	0.56	-0.03	0.25	0.91	0.18	0.71	0.83	0.45	0.35	0.17	0.32	0.38	0.37		-0.5	0.07	0.33	-0.46	0.72	0.46	0.46	0.16	0.47	0.76	-0.28
Common Stock Shares Outstanding	-0.68	-0.64	-0.5	-0.5	-0.65	0.03	-0.82	-0.43	-0.67	-0.46	-0.55	-0.51	-0.59	-0.31	-0.5		0.11	-0.57	0.71	-0.68	-0.49	-0.13	-0.38	-0.89	-0.7	0.8
Short Term Investments	-0.3	-0.28	-0.3	-0.33	-0.11	-0.07	-0.21	-0.22	-0.12	-0.29	-0.35	-0.35	-0.11	0.07	0.07	0.11		-0.29	-0.06	-0.31	0.06	-0.25	-0.24	-0.3	-0.18	0.36
Non Current Liabilities Total	0.66	0.71	0.87	0.9	0.51	0.28	0.79	0.56	0.53	0.7	0.76	0.91	0.52	0.07	0.33	-0.57	-0.29		-0.14	0.67	0.06	0.69	0.69	0.73	0.25	-0.38
Other Stockholder Equity	-0.54	-0.11	-0.02	0.02	-0.61	0.5	-0.46	-0.31	-0.63	0.21	0.15	-0.03	-0.56	-0.32	-0.46	0.71	-0.06	-0.14		-0.53	-0.59	0.1	0.34	-0.51	-0.66	0.66
Total Liab	1.0	0.6	0.42	0.55	0.92	0.0	0.82	0.86	0.75	0.43	0.4	0.65	0.67	0.26	0.72	-0.68	-0.31	0.67	-0.53		0.42	0.7	0.28	0.78	0.7	-0.58
Total Current Assets	0.43	0.12	-0.16	-0.11	0.54	-0.34	0.42	0.4	0.57	-0.02	-0.12	-0.17	0.53	0.86	0.46	-0.49	0.06	0.06	-0.59	0.42		-0.17	-0.16	0.42	0.46	-0.66
Short Term Debt	0.69	0.52	0.51	0.67	0.54	0.38	0.5	0.67	0.28	0.51	0.44	0.74	0.25	-0.09	0.46	-0.13	-0.25	0.69	0.1	0.7	-0.17		0.46	0.37	0.24	0.06
Common Stock	0.27	0.82	0.72	0.85	0.13	0.77	0.6	0.26	-0.01	0.96	0.96	0.78	-0.03	0.02	0.16	-0.38	-0.24	0.69	0.34	0.28	-0.16	0.46		0.54	0.1	-0.11
Other Liab	0.78	0.76	0.6	0.66	0.66	0.09	0.91	0.59	0.69	0.64	0.69	0.72	0.63	0.22	0.47	-0.89	-0.3	0.73	-0.51	0.78	0.42	0.37	0.54		0.62	-0.76
Long Term Debt	0.71	0.61	0.03	0.17	0.78	-0.01	0.68	0.56	0.52	0.31	0.23	0.25	0.45	0.27	0.76	-0.7	-0.18	0.25	-0.66	0.7	0.46	0.24	0.1	0.62		-0.64
Inventory	-0.58	-0.39	-0.25	-0.18	-0.53	0.37	-0.61	-0.36	-0.78	-0.23	-0.31	-0.22	-0.74	-0.39	-0.28	0.8	0.36	-0.38	0.66	-0.58	-0.66	0.06	-0.11	-0.76	-0.64

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Goldman Sachs Account Relationship Matchups

Goldman Sachs fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.2T	1.5T	1.4T	1.6T	1.7T	974.6B
Short Long Term Debt Total	420.2B	301B	308B	333.2B	596B	625.8B
Other Current Liab	(244B)	(263.5B)	(2.7B)	538.7B	484.8B	509.0B
Total Current Liabilities	244B	299B	329.8B	855.5B	983.8B	1.0T
Total Stockholder Equity	96B	110B	117B	116.9B	122B	73.4B
Net Debt	110B	40B	(158.9B)	91.7B	414B	434.7B
Retained Earnings	112.9B	131.8B	139.4B	143.7B	165.2B	173.5B
Accounts Payable	191B	251.9B	262.0B	230.7B	265.3B	204.3B
Cash	156B	261B	466.9B	241.6B	182B	96.4B
Non Current Assets Total	513.4B	489.1B	400.1B	335.8B	1.5T	1.6T
Non Currrent Assets Other	(3.0B)	(3.9B)	(66.6B)	64.5B	1.5T	1.6T
Other Assets	372.1B	551.9B	639.9B	1.1T	1.2T	1.3T
Cash And Short Term Investments	156.5B	261.0B	597.6B	241.6B	182B	101.9B
Net Receivables	121B	161B	135.4B	148.6B	170.9B	105.6B
Common Stock Shares Outstanding	360.3M	355.8M	358.1M	345.8M	333.6M	368.8M
Short Term Investments	526M	25M	130.6B	33.2B	38.1B	36.2B
Liabilities And Stockholders Equity	1.2T	1.5T	1.4T	1.6T	1.7T	974.6B
Non Current Liabilities Total	213B	254B	1.3T	1.5T	1.5T	1.6T
Other Stockholder Equity	(26.7B)	(26.3B)	(24.2B)	(40.2B)	823M	864.2M
Total Liab	1.1T	1.4T	1.3T	1.5T	1.5T	900.8B
Total Current Assets	277.5B	422.0B	402.0B	241.6B	182B	183.2B
Accumulated Other Comprehensive Income	(1.4B)	(2.1B)	(3.0B)	2.2B	2.0B	2.1B
Short Term Debt	53B	56.1B	67.8B	83.1B	95.6B	64.4B
Other Liab	151.0B	282B	389B	325.2B	374.0B	392.7B
Long Term Debt	367.2B	254B	247B	247.9B	285.0B	190.6B
Inventory	(777.9B)	(932.4B)	(1.2T)	(390.6B)	(351.5B)	(333.9B)
Treasury Stock	(84.0B)	(85.9B)	(91.1B)	(94.6B)	(85.2B)	(80.9B)
Intangible Assets	630M	418M	2.0B	1.2B	1.1B	1.1B
Good Will	4.3B	4.3B	6.4B	5.9B	6.8B	4.2B
Property Plant And Equipment Gross	25.4B	30.6B	31.4B	27.1B	31.1B	32.7B
Property Plant Equipment	24.2B	25.4B	20.4B	19.2B	22.1B	13.3B
Property Plant And Equipment Net	25.4B	20.4B	19.2B	13.4B	15.4B	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	777.9B	932.4B	859.1B	1.0T	1.2T	1.3T

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