Goldman Total Assets vs Selling General and Administrative Expense Analysis

GS -  USA Stock  

USD 306.99  7.58  2.53%

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 Total Assets and its Selling General and Administrative Expense accounts. Please check Risk vs Return Analysis.

Total Assets vs Selling General and Administrative Expense

Accounts Relationship

Total Assets vs Selling General and Administrative Expense

Significance: Very Strong Relationship

Total Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Total Assets account and Selling General and Administrative Expense

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Goldman Sachs assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Goldman Sachs Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; [Intangibles]; [PPNENet]; [TaxAssets] and Trade and Non Trade Receivables.

Selling General and Administrative Expense

A component of Operating Expenses representing the aggregate total costs related to selling a firm's product and services; as well as all other general and administrative expenses. Direct selling expenses (for example; credit; warranty; and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products; for example telephone expenses; Internet; and postal charges. General and administrative expenses include salaries of non-sales personnel; rent; utilities; communication; etc.
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 05/16/2022, 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

Goldman Sachs Investors Sentiment

The influence of Goldman Sachs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Goldman. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Goldman Sachs Implied Volatility

    
  36.73  
Goldman Sachs' implied volatility exposes the market's sentiment of Goldman Sachs Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Goldman Sachs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Goldman Sachs stock will not fluctuate a lot when Goldman Sachs' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goldman Sachs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goldman Sachs' short interest history, or implied volatility extrapolated from Goldman Sachs options trading.

Current Sentiment - GS

Goldman Sachs Group Investor Sentiment

Nearly all of Macroaxis users are currently bullish on Goldman Sachs Group. What is your judgment towards investing in Goldman Sachs Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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.