Goldman Stock Financials

GS -  USA Stock  

USD 341.03  1.65  0.48%

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. Because of this, it is necessary to analyze all of Goldman Sachs' financials over time to get the whole picture.
As of 01/27/2022, Net Income Per Employee is likely to drop to about 199.4 K. In addition to that, Revenue Per Employee is likely to drop to about 1.1 M.
We strongly advise to harness Goldman Sachs fundamental analysis to see if markets are presently mispricing the company. Simply put, you can make use of it to find out if Goldman Sachs Group is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and collect thirty-two available reported financial drivers for Goldman Sachs Group, which can be compared to its competitors. To make sure the equity is not overpriced, please check out all Goldman Sachs financials, including its price to book, book value per share, five year return, as well as the relationship between the net income and number of employees . Given that Goldman Sachs Group has a number of shares shorted of 4.11 M, we strongly advise you to confirm Goldman Sachs Group regular market performance to make sure the company can sustain itself down the road. Use Goldman Sachs to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend and little activity. Check odds of Goldman Sachs to be traded at $337.62 in 90 days.

Goldman Fundamentals 

 
Refresh
With this module, you can analyze Goldman financials for your investing period. You should be able to track the changes in Goldman Sachs individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
The fundamental analysis of Goldman Sachs is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Goldman Sachs includes many different criteria found on its balance sheet. For example, investors should never minimize Goldman Sachs' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Goldman Sachs' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Goldman Sachs.

Goldman Sachs Group Cash

Chance Of Financial Distress
Less than 50
Goldman Sachs Group has    50 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Goldman Sachs stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Goldman Sachs' official financial statements usually reflect Goldman Sachs' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Goldman Sachs Group. For example, before you start analyzing numbers published by Goldman accountants, it's critical to develop an understanding of what Goldman Sachs' liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Goldman Sachs' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Goldman Sachs' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, 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. Please utilize our Beneish M Score to check the likelihood of Goldman Sachs' management to manipulate its earnings.

Goldman Sachs Company Summary

Goldman Sachs competes with Focus Financial, Gamco Investors, and Hudson Capital. 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 43000 people.
Foreign Associates
Specialization
Financial Services, Capital Markets
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000886982
ISINUS38141G1040
CUSIP38141G104
RegionNorth America
LocationNew York; U.S.A
Business Address200 West Street,
SectorFinancial Services
IndustryCapital Markets
BenchmarkDOW
Websitewww.gs.com
Phone212 902 3000
Related EntityGS
CurrencyUSD - US Dollar
You should never invest in Goldman Sachs without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goldman Stock, because this is throwing your money away. Analyzing the key information contained in Goldman Sachs' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Goldman Sachs Key Financial Ratios

Generally speaking, Goldman Sachs' financial ratios allow both analysts and investors to convert raw data from Goldman Sachs' financial statements into concise, actionable information that can be used to evaluate the performance of Goldman Sachs over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goldman Sachs Group reports annually and quarterly.

Goldman Sachs Key Balance Sheet Accounts

201720182019202020212022 (projected)
Long Term Debt272.56 B273.06 B256.99 B265.15 B238.63 B227.29 B
Accumulated Other Comprehensive Income(1.88 B)693 M(1.48 B)(1.43 B)(1.29 B)(1.32 B)
Total Assets916.78 B931.8 B992.97 B1,163.03 B1,337.48 B1,245.56 B
Cash and Equivalents110.05 B130.55 B133.55 B155.84 B179.22 B164.25 B
Cash and Equivalents USD110.05 B130.55 B133.55 B155.84 B179.22 B164.25 B
Total Debt500.84 B485.51 B516.22 B594.02 B534.62 B497.18 B
Total Debt USD500.84 B485.51 B516.22 B594.02 B534.62 B497.18 B
Deposit Liabilities138.6 B158.26 B190.02 B259.96 B298.96 B322.56 B
Shareholders Equity82.24 B90.19 B90.27 B95.93 B110.32 B106.67 B
Shareholders Equity USD82.24 B90.19 B90.27 B95.93 B110.32 B106.67 B
Investments693.59 B699.8 B749.93 B848.41 B975.67 B919.38 B
Total Liabilities834.53 B841.61 B902.7 B1,067.1 B1,227.16 B1,138.89 B
Trade and Non Trade Payables178.17 B180.24 B174.82 B190.66 B171.59 B171.74 B
Trade and Non Trade Receivables84.79 B72.45 B74.61 B121.33 B139.53 B122.59 B
Accumulated Retained Earnings Deficit91.52 B100.1 B106.47 B112.95 B129.89 B118.06 B

Goldman Sachs Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other 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.
201720182019202020212022 (projected)
Consolidated Income4.29 B10.46 B8.47 B9.46 B10.88 B10.04 B
Gross Profit32.73 B36.62 B36.55 B44.56 B51.24 B47.05 B
Net Income4.29 B10.46 B8.47 B9.46 B10.88 B10.04 B
Operating Expenses20.94 B23.46 B24.9 B28.98 B33.33 B31.08 B
Operating Income11.79 B13.15 B11.65 B15.58 B17.91 B15.96 B
Revenues32.73 B36.62 B36.55 B44.56 B51.24 B47.05 B
Income Tax Expense6.85 B2.02 B2.12 B3.02 B3.47 B3.72 B

Goldman Sachs Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Goldman Sachs Group. It measures of how well Goldman is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Goldman Sachs brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Goldman had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Goldman Sachs has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(2.61 B)(4.27 B)(1.81 B)(3.34 B)(3.01 B)(3.24 B)
Depreciation Amortization and Accretion1.15 B1.33 B1.7 B1.9 B1.71 B1.5 B
Net Cash Flow or Change in Cash and Cash Equivalents(11.66 B)20.5 B3 B22.3 B25.64 B27.66 B
Net Cash Flow Business Acquisitions and Disposals(2.38 B)(162 M)(803 M)(231 M)(265.65 M)(272.64 M)
Issuance Purchase of Equity Shares(6.77 B)(3.26 B)(5.33 B)(1.93 B)(2.22 B)(2.39 B)
Issuance Repayment of Debt Securities29.13 B7.09 B(24.01 B)6.7 B7.71 B8.32 B
Payment of Dividends and Other Cash Distributions(1.77 B)(1.81 B)(2.1 B)(2.34 B)(2.1 B)(2.27 B)
Net Cash Flow from Financing35.21 B22.75 B3.37 B70.38 B80.94 B87.33 B
Net Cash Flow from Investing(26.38 B)(18.82 B)(24.24 B)(34.36 B)(30.92 B)(31.73 B)
Net Cash Flow Investment Acquisitions and Disposals(21.38 B)(14.39 B)(21.62 B)(30.79 B)(27.71 B)(28.44 B)
Net Cash Flow from Operations(20.49 B)16.56 B23.87 B(13.73 B)(12.36 B)(12.68 B)
Share Based Compensation1.77 B1.83 B2.02 B1.92 B1.73 B1.76 B

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 one of the top stocks in price to sales category among related companies. It is one of the top stocks in price to earning category among related companies reporting about  2.88  of Price to Earning per Price to Sales. As of 01/27/2022, Price to Earnings Ratio is likely to grow to 10.68, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop slightly above 15.7 B.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Goldman Sachs by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Goldman Sachs' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goldman Sachs' earnings, one of the primary drivers of an investment's value.

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 thirty with a total number of output elements of thirty-one. 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. View also all equity analysis or get more info about beta statistic functions indicator.

About Goldman Sachs Financials

What exactly are Goldman Sachs Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Goldman Sachs' income statement, its balance sheet, and the statement of cash flows. Potential Goldman Sachs investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
 2019 2020 2021 2022 (projected)
Cash and Equivalents133.55 B155.84 B179.22 B164.25 B
Total Assets992.97 B1,163.03 B1,337.48 B1,245.56 B
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Goldman Sachs is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Goldman grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Goldman Sachs Thematic Clasifications

Goldman Sachs Group is part of several thematic ideas from Top FinTech to Momentum. 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
Top FinTech Idea
Top FinTechView
Momentum Idea
MomentumView
Trading Idea
TradingView

Goldman Sachs January 27, 2022 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.
Information Ratio(0.11)
Maximum Drawdown10.31
Value At Risk(2.86)
Potential Upside2.78
Please check Risk vs Return Analysis. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
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.