Goldman Interest Expense vs Net Income Analysis
| GSBD Stock | USD 12.94 0.02 0.15% |
Goldman Sachs financial indicator trend analysis is much more than just examining Goldman Sachs BDC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldman Sachs BDC is a good investment. Please check the relationship between Goldman Sachs Interest Expense and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs BDC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Interest Expense vs Net Income
Interest Expense vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldman Sachs BDC Interest Expense account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Goldman Sachs' Interest Expense and Net Income is 0.82. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Goldman Sachs BDC, assuming nothing else is changed. The correlation between historical values of Goldman Sachs' Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Goldman Sachs BDC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Goldman Sachs' Interest Expense and Net Income go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Goldman Sachs BDC financial statement analysis. It represents the amount of money remaining after all of Goldman Sachs BDC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 BDC 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. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs BDC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Goldman Sachs' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 104.2 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 15.72.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 170.1M | 56.6M | 454.9M | 477.7M | Total Revenue | 170.1M | 56.6M | 454.9M | 477.7M |
Goldman Sachs fundamental ratios Correlations
Click cells to compare fundamentals
Goldman Sachs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Goldman Sachs fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.5B | 3.3B | 3.6B | 3.6B | 3.5B | 2.0B | |
| Total Stockholder Equity | 676.1M | 1.6B | 1.6B | 1.5B | 1.6B | 1.0B | |
| Net Debt | 760.3M | 1.6B | 1.8B | 2.0B | 1.8B | 947.5M | |
| Retained Earnings | (100.6M) | (5.4M) | (55.0M) | (206.2M) | (224.6M) | (213.4M) | |
| Cash | 9.4M | 32.1M | 33.8M | 39.6M | 52.4M | 55.0M | |
| Non Current Assets Total | 1.5B | 3.2B | 3.5B | 3.5B | 6.8B | 7.2B | |
| Non Currrent Assets Other | (1.5B) | (3.3B) | (3.6B) | (3.6B) | (3.4B) | (3.2B) | |
| Other Assets | 5.8M | 13.3M | 15.3M | 13.7M | (3.4B) | (3.2B) | |
| Cash And Short Term Investments | 9.4M | 32.1M | 33.8M | 39.6M | 52.4M | 55.0M | |
| Net Receivables | 5.8M | 24.2M | 23.3M | 31.8M | 38.5M | 40.5M | |
| Liabilities And Stockholders Equity | 1.5B | 3.3B | 3.6B | 3.6B | 3.5B | 2.0B | |
| Non Current Liabilities Total | 769.7M | 1.6B | 1.9B | 59.6M | 1.8B | 1.9B | |
| Other Stockholder Equity | 878.8M | 1.6B | 1.7B | 1.7B | 1.8B | 1.1B | |
| Total Liab | 799.2M | 1.7B | 1.9B | 2.1B | 1.9B | 1.0B | |
| Total Current Assets | 15.2M | 56.3M | 57.1M | 71.4M | 90.9M | 95.4M | |
| Other Current Liab | (638.9M) | (54.4M) | (59.3M) | (59.6M) | 32.9M | 34.6M | |
| Total Current Liabilities | 638.9M | 55.9M | 60.8M | 59.6M | 94.2M | 168.9M | |
| Accounts Payable | 20.5M | 55.9M | 60.8M | 59.6M | 62.7M | 38.2M | |
| Common Stock Shares Outstanding | 40.3M | 53.9M | 101.7M | 102.3M | 108.3M | 61.6M | |
| Short Long Term Debt Total | 1.4B | 1.6B | 1.9B | 2.0B | 1.8B | 1.3B | |
| Net Tangible Assets | 676.1M | 1.6B | 1.6B | 1.5B | 1.7B | 1.1B | |
| Long Term Debt | 111.3M | 149.7M | 151.3M | 2.0B | 2.3B | 2.4B | |
| Other Current Assets | (15.2M) | (56.3M) | 100K | (71.4M) | (90.9M) | (86.4M) | |
| Deferred Long Term Liab | 4.4M | 11.4M | 12.6M | 12.8M | 14.7M | 8.6M | |
| Long Term Investments | 1.5B | 3.2B | 3.5B | 3.5B | 3.4B | 2.3B | |
| Short Term Debt | 618.4M | 1.6B | 1.9B | 2.0B | 1.8B | 1.1B | |
| Long Term Debt Total | 542.5M | 659.1M | 769.7M | 2.0B | 2.3B | 2.4B | |
| Capital Surpluse | 799.9M | 802.2M | 778.1M | 1.7B | 2.0B | 1.0B | |
| Net Invested Capital | 1.4B | 3.2B | 3.5B | 3.5B | 3.4B | 2.8B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Goldman Sachs BDC is a strong investment it is important to analyze Goldman Sachs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Goldman Sachs' future performance. For an informed investment choice regarding Goldman Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs BDC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Asset Management & Custody Banks space 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 (0.33) | Dividend Share 1.8 | Earnings Share 0.68 | Revenue Per Share 3.955 | Quarterly Revenue Growth (0.08) |
The market value of Goldman Sachs BDC 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 if Goldman Sachs is a good investment 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.