Goldman Cash and Equivalents Turnover Trend from 2010 to 2022

GS -  USA Stock  

USD 312.97  9.53  3.14%

Goldman Sachs Cash and Equivalents Turnover yearly trend continues to be relatively stable with very little volatility. Cash and Equivalents Turnover is likely to drop to 0.42. During the period from 2010 to 2022, Goldman Sachs Cash and Equivalents Turnover destribution of quarterly values had range of  0.25 from its regression line and mean deviation of  0.047622. Goldman Sachs Consolidated Income is relatively stable at the moment as compared to the past year. Goldman Sachs reported last year Consolidated Income of 21.64 Billion. As of 05/18/2022, Earning Before Interest and Taxes EBIT is likely to grow to about 29.2 B, while Operating Expenses is likely to drop slightly above 30.8 B.
  
Refresh
Check Goldman Sachs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goldman main balance sheet or income statement drivers, such as Consolidated Income of 23.3 B, Earning Before Interest and Taxes EBIT of 29.2 B or Gross Profit of 52.6 B, as well as many exotic indicators such as Calculated Tax Rate of 32.55, PPandE Turnover of 3.56 or Accrued Expenses Turnover of 5.87. Goldman financial statements analysis is a perfect complement when working with Goldman Sachs Valuation or Volatility modules. It can also supplement various Goldman Sachs Technical models. Please check the analysis of Goldman Sachs Correlation against competitors.

Goldman Cash and Equivalents Turnover Breakdown

Showing smoothed Cash and Equivalents Turnover of Goldman Sachs Group with missing and latest data points interpolated. Goldman Sachs' Cash and Equivalents Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goldman Sachs' overall financial position and show how it may be relating to other accounts over time.
Cash and Equivalents Turnover10 Years Trend
Increasing
Very volatile
 Cash and Equivalents Turnover 
Share
      Timeline 

Goldman Cash and Equivalents Turnover Regression Statistics

Arithmetic Mean 0.38
Geometric Mean 0.38
Coefficient Of Variation 16.56
Mean Deviation 0.047622
Median 0.36
Standard Deviation 0.06
Sample Variance 0.004026
Range 0.25
R-Value 0.019566
Mean Square Error 0.00439
R-Squared 0.00038282
Significance 0.95
Slope 0.00031878
Total Sum of Squares 0.048311

Goldman Cash and Equivalents Turnover History

2010  0.55 
2011  0.34 
2013  0.35 
2014  0.36 
2015  0.33 
2016  0.30 
2018  0.44 
2019  0.41 
2020  0.37 
2021  0.42 

About Goldman Sachs Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Goldman Sachs income statement, its balance sheet, and the statement of cash flows. Goldman Sachs investors use historical funamental indicators, such as Goldman Sachs's Cash and Equivalents Turnover, to determine how well the company is positioned to perform in the future. Although Goldman Sachs investors may use each financial statement separately, they are all related. The changes in Goldman Sachs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goldman Sachs's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Goldman Sachs Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Goldman Sachs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cash and Equivalents Turnover 0.42  0.42 
Free Cash Flow187 M191.9 M
The Goldman Sachs Group, Inc., a financial institution, provides 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 43900 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Goldman Sachs without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Equity Search Now

   

Equity Search

Search for actively traded equities including funds and ETFs from over 30 global markets
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Goldman Sachs Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check the analysis of Goldman Sachs Correlation against competitors. Note that the Goldman Sachs Group information on this page should be used as a complementary analysis to other Goldman Sachs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Goldman Stock analysis

When running Goldman Sachs Group 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 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.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
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.
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 Goldman Sachs value 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.