Goldman Other Operating Expenses vs Gross Profit 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 Other Operating Expenses and its Gross Profit 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.

Other Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

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

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Goldman Sachs BDC. It is also known as Goldman Sachs overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Goldman Sachs BDC minus its cost of goods sold. It is profit before Goldman Sachs operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Profit170.1M56.6M454.9M477.7M
Total Revenue170.1M56.6M454.9M477.7M

Goldman Sachs fundamental ratios Correlations

0.990.99-0.620.820.76-0.91-0.360.820.850.720.990.990.85-0.01-0.03-0.490.950.880.90.960.930.960.84-0.09-0.79
0.990.95-0.560.820.76-0.87-0.360.820.850.740.990.960.830.01-0.03-0.430.920.860.850.930.890.930.82-0.07-0.77
0.990.95-0.650.810.75-0.92-0.350.810.830.690.971.00.84-0.04-0.02-0.520.950.880.920.960.950.950.84-0.1-0.8
-0.62-0.56-0.65-0.78-0.820.730.73-0.78-0.78-0.49-0.64-0.66-0.820.06-0.110.56-0.61-0.76-0.74-0.63-0.73-0.6-0.70.240.85
0.820.820.81-0.780.96-0.89-0.741.00.970.770.830.810.980.24-0.17-0.370.820.950.820.840.760.840.93-0.21-0.9
0.760.760.75-0.820.96-0.84-0.860.960.960.830.780.750.970.16-0.05-0.490.760.930.770.770.740.770.89-0.12-0.92
-0.91-0.87-0.920.73-0.89-0.840.51-0.89-0.86-0.74-0.89-0.92-0.93-0.110.140.58-0.91-0.96-0.88-0.94-0.9-0.93-0.940.210.85
-0.36-0.36-0.350.73-0.74-0.860.51-0.74-0.73-0.64-0.4-0.36-0.75-0.250.070.36-0.41-0.66-0.48-0.42-0.37-0.43-0.640.10.72
0.820.820.81-0.781.00.96-0.89-0.740.970.770.830.810.980.24-0.17-0.370.820.950.820.840.760.840.93-0.21-0.9
0.850.850.83-0.780.970.96-0.86-0.730.970.760.850.840.980.2-0.11-0.410.830.950.820.840.780.830.92-0.06-0.93
0.720.740.69-0.490.770.83-0.74-0.640.770.760.730.690.78-0.010.08-0.440.690.80.60.70.690.730.75-0.07-0.68
0.990.990.97-0.640.830.78-0.89-0.40.830.850.730.970.84-0.030.0-0.460.920.860.880.930.920.930.82-0.08-0.8
0.990.961.0-0.660.810.75-0.92-0.360.810.840.690.970.85-0.03-0.02-0.520.950.880.920.960.950.960.84-0.1-0.8
0.850.830.84-0.820.980.97-0.93-0.750.980.980.780.840.850.21-0.15-0.50.850.980.850.870.810.870.96-0.14-0.93
-0.010.01-0.040.060.240.16-0.11-0.250.240.2-0.01-0.03-0.030.21-0.880.360.170.20.120.14-0.260.160.370.16-0.05
-0.03-0.03-0.02-0.11-0.17-0.050.140.07-0.17-0.110.080.0-0.02-0.15-0.88-0.21-0.11-0.19-0.17-0.210.17-0.22-0.34-0.190.03
-0.49-0.43-0.520.56-0.37-0.490.580.36-0.37-0.41-0.44-0.46-0.52-0.50.36-0.21-0.44-0.55-0.53-0.55-0.69-0.53-0.460.20.53
0.950.920.95-0.610.820.76-0.91-0.410.820.830.690.920.950.850.17-0.11-0.440.880.90.950.860.950.88-0.17-0.75
0.880.860.88-0.760.950.93-0.96-0.660.950.950.80.860.880.980.2-0.19-0.550.880.860.920.850.920.98-0.17-0.9
0.90.850.92-0.740.820.77-0.88-0.480.820.820.60.880.920.850.12-0.17-0.530.90.860.920.870.910.84-0.14-0.74
0.960.930.96-0.630.840.77-0.94-0.420.840.840.70.930.960.870.14-0.21-0.550.950.920.920.91.00.91-0.16-0.8
0.930.890.95-0.730.760.74-0.9-0.370.760.780.690.920.950.81-0.260.17-0.690.860.850.870.90.890.77-0.21-0.8
0.960.930.95-0.60.840.77-0.93-0.430.840.830.730.930.960.870.16-0.22-0.530.950.920.911.00.890.91-0.16-0.78
0.840.820.84-0.70.930.89-0.94-0.640.930.920.750.820.840.960.37-0.34-0.460.880.980.840.910.770.91-0.13-0.85
-0.09-0.07-0.10.24-0.21-0.120.210.1-0.21-0.06-0.07-0.08-0.1-0.140.16-0.190.2-0.17-0.17-0.14-0.16-0.21-0.16-0.130.06
-0.79-0.77-0.80.85-0.9-0.920.850.72-0.9-0.93-0.68-0.8-0.8-0.93-0.050.030.53-0.75-0.9-0.74-0.8-0.8-0.78-0.850.06
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Goldman Sachs Account Relationship Matchups

Goldman Sachs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B3.3B3.6B3.6B3.5B2.0B
Total Stockholder Equity676.1M1.6B1.6B1.5B1.6B1.0B
Net Debt760.3M1.6B1.8B2.0B1.8B947.5M
Retained Earnings(100.6M)(5.4M)(55.0M)(206.2M)(224.6M)(213.4M)
Cash9.4M32.1M33.8M39.6M52.4M55.0M
Non Current Assets Total1.5B3.2B3.5B3.5B6.8B7.2B
Non Currrent Assets Other(1.5B)(3.3B)(3.6B)(3.6B)(3.4B)(3.2B)
Other Assets5.8M13.3M15.3M13.7M(3.4B)(3.2B)
Cash And Short Term Investments9.4M32.1M33.8M39.6M52.4M55.0M
Net Receivables5.8M24.2M23.3M31.8M38.5M40.5M
Liabilities And Stockholders Equity1.5B3.3B3.6B3.6B3.5B2.0B
Non Current Liabilities Total769.7M1.6B1.9B59.6M1.8B1.9B
Other Stockholder Equity878.8M1.6B1.7B1.7B1.8B1.1B
Total Liab799.2M1.7B1.9B2.1B1.9B1.0B
Total Current Assets15.2M56.3M57.1M71.4M90.9M95.4M
Other Current Liab(638.9M)(54.4M)(59.3M)(59.6M)32.9M34.6M
Total Current Liabilities638.9M55.9M60.8M59.6M94.2M168.9M
Accounts Payable20.5M55.9M60.8M59.6M62.7M38.2M
Common Stock Shares Outstanding40.3M53.9M101.7M102.3M108.3M61.6M
Short Long Term Debt Total1.4B1.6B1.9B2.0B1.8B1.3B
Net Tangible Assets676.1M1.6B1.6B1.5B1.7B1.1B
Long Term Debt111.3M149.7M151.3M2.0B2.3B2.4B
Other Current Assets(15.2M)(56.3M)100K(71.4M)(90.9M)(86.4M)
Deferred Long Term Liab4.4M11.4M12.6M12.8M14.7M8.6M
Long Term Investments1.5B3.2B3.5B3.5B3.4B2.3B
Short Term Debt618.4M1.6B1.9B2.0B1.8B1.1B
Long Term Debt Total542.5M659.1M769.7M2.0B2.3B2.4B
Capital Surpluse799.9M802.2M778.1M1.7B2.0B1.0B
Net Invested Capital1.4B3.2B3.5B3.5B3.4B2.8B

Also Currently Popular

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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.