Goldman Total Assets vs Tangible Asset Value Analysis

GS
 Stock
  

USD 293.78  5.45  1.82%   

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 Total Assets and its Tangible Asset Value accounts. Please check Risk vs Return Analysis.

Total Assets vs Tangible Asset Value

Total Assets vs Tangible Asset Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs Group Total Assets account and Tangible Asset Value. At this time, the significance of the direction appears to have totally related.
The correlation between Goldman Sachs' Total Assets and Tangible Asset Value is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Tangible Asset Value 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' Total Assets and Tangible Asset Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Goldman Sachs Group are associated (or correlated) with its Tangible Asset Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tangible Asset Value has no effect on the direction of Total Assets i.e., Goldman Sachs' Total Assets and Tangible Asset Value go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Tangible Asset Value

The value of tangibles assets calculated as the difference between Total Assets and [Intangibles].
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 07/05/2022, 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 B290.75 B256.45 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.
Investor biases related to Goldman Sachs' public news can be used to forecast risks associated with investment in Goldman. The trend in average sentiment can be used to explain how an investor holding Goldman can time the market purely based on public headlines and social activities around Goldman Sachs Group. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Goldman Sachs' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goldman Sachs' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Goldman Sachs' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Goldman Sachs.

Goldman Sachs Implied Volatility

    
  31.83  
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.
Quarterly Earnings Growth YOY
-0.42
Market Capitalization
102.8 B
Quarterly Revenue Growth YOY
-0.3
Return On Assets
0.013
Return On Equity
0.17
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.