Goldman Operating Income vs Depreciation Amortization and Accretion Analysis

GS -  USA Stock  

USD 306.80  1.40  0.45%

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 Operating Income and its Depreciation Amortization and Accretion accounts. Please check Risk vs Return Analysis.

Operating Income vs Depreciation Amortization and Accretion

Operating Income vs Depreciation Amortization and Accretion Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Operating Income account and Depreciation Amortization and Accretion. At this time, the significance of the direction appears to have a fragmental relationship.
The correlation between Goldman Sachs' Operating Income and Depreciation Amortization and Accretion is 0.4. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation Amortization and Accretion 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' Operating Income and Depreciation Amortization and Accretion is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Goldman Sachs Group are associated (or correlated) with its Depreciation Amortization and Accretion. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation Amortization and Accretion has no effect on the direction of Operating Income i.e., Goldman Sachs' Operating Income and Depreciation Amortization and Accretion go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Goldman Sachs Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Goldman Sachs Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.

Depreciation Amortization and Accretion

A component of operating cash flow representing the aggregate net amount of depreciation; amortization; and accretion recognized during an accounting period. As a non-cash item; the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method.
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. Please check Risk vs Return Analysis.Goldman Sachs Issuance Repayment of Debt Securities is relatively stable at the moment as compared to the past year. Goldman Sachs reported last year Issuance Repayment of Debt Securities of 39.13 Billion. As of 05/21/2022, Enterprise Value over EBIT is likely to grow to 31.23, while Net Cash Flow Business Acquisitions and Disposals is likely to drop (272.6 M).
 2019 2020 2021 2022 (projected)
Net Income8.47 B9.46 B21.64 B23.34 B
Gross Profit36.55 B44.56 B59.34 B52.61 B

Goldman Sachs fundamental ratios Correlations

Goldman Sachs Account Relationship Matchups

Goldman Sachs fundamental ratios 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)(2.07 B)(2.12 B)
Total Assets916.78 B931.8 B992.97 B1,163.03 B1,463.99 B1,339.95 B
Cash and Equivalents110.05 B130.55 B133.55 B155.84 B261.04 B214.7 B
Cash and Equivalents USD110.05 B130.55 B133.55 B155.84 B261.04 B214.7 B
Total Debt500.84 B485.51 B516.22 B594.02 B459.31 B455.51 B
Total Debt USD500.84 B485.51 B516.22 B594.02 B459.31 B455.51 B
Deposit Liabilities138.6 B158.26 B190.02 B259.96 B364.23 B392.98 B
Shareholders Equity82.24 B90.19 B90.27 B95.93 B109.93 B107.83 B
Shareholders Equity USD82.24 B90.19 B90.27 B95.93 B109.93 B107.83 B
Investments693.59 B699.8 B749.93 B848.41 B1,007.67 B952.36 B
Total Liabilities834.53 B841.61 B902.7 B1,067.1 B1,354.06 B1,232.12 B
Trade and Non Trade Payables178.17 B180.24 B174.82 B190.66 B251.93 B247.63 B
Trade and Non Trade Receivables84.79 B72.45 B74.61 B121.33 B160.67 B137.71 B
Accumulated Retained Earnings Deficit91.52 B100.1 B106.47 B112.95 B131.81 B121.49 B

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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.