The Goldmanchs Group (The Goldmanchs Group) Debt-to-Equity

: 2.85 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

The Goldmanchs Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $83,149 Mil. The Goldmanchs Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $250,099 Mil. The Goldmanchs Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $116,905 Mil. The Goldmanchs Group's debt to equity for the quarter that ended in Dec. 2023 was 2.85.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The Goldmanchs Group's Debt-to-Equity or its related term are showing as below:

GS' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.77 Med: 2.91 Max: 3.52
Current: 2.64

During the past 13 years, the highest Debt-to-Equity Ratio of The Goldmanchs Group was 3.52. The lowest was 2.77. And the median was 2.91.

GS's Debt-to-Equity is ranked worse than
91.1% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs GS: 2.64

The Goldmanchs Group Debt-to-Equity Historical Data

The historical data trend for The Goldmanchs Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Goldmanchs Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

3.07

2.93

2.77

2.85

The Goldmanchs Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity																2.78	2.72	2.65	2.85	2.64

Competitive Comparison

For the Capital Markets subindustry, The Goldmanchs Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Goldmanchs Group Debt-to-Equity Distribution

For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Goldmanchs Group's Debt-to-Equity falls into.

The Goldmanchs Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Goldmanchs Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(83149	+	250099)	/	116905
	=	2.85

The Goldmanchs Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(83149	+	250099)	/	116905
	=	2.85

The Goldmanchs Group (NYSE:GS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

The Goldmanchs Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of The Goldmanchs Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

The Goldmanchs Group (The Goldmanchs Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Goldman Sachs Group Inc (NYSE:GS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GSpK.PFD:USA GSpD.PFD:USA GSpC.PFD:USA GSpA.PFD:USA GS:Peru GS:Mexico 1GS:Italy 0R3G:UK GOS:Germany GOS:Germany GOS:Germany GOS:Germany GS:Canada GSGI34:Brazil GS:Austria GS:Argentina

Address

200 West Street, New York, NY, USA, 10282

Website

https://www.goldmansachs.com

Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.

Executives

Brian J Lee	officer: Principal Accounting Officer	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Ericka T Leslie	officer: Chief Administrative Officer	200 WEST STREET, NEW YORK NY 10282
David M Solomon	officer: President and Co-COO	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Thomas K. Montag	director	C/O MERRILL LYNCH & CO., INC., 4 WORLD FINANCIAL CENTER, NEW YORK NY 10038
Philip R. Berlinski	officer: Global Treasurer	200 WEST STREET, NEW YORK NY 10282
Kathryn H. Ruemmler	officer: EVP, Chief Legal Officer, GC	200 WEST STREET, NEW YORK NY 10282
John E. Waldron	officer: President and COO	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Kevin R Johnson	director	2401 UTAH AVE. S, SUITE 800, SEATTLE WA 98134
Laurence Stein	officer: Chief Administrative Officer	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Mark A. Flaherty	director	C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Denis P. Coleman	officer: Chief Financial Officer	200 WEST STREET, NEW YORK NY 10282
Stephen M Scherr	officer: Executive Vice President - CFO	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
David A Viniar	officer: Executive VP - CFO	C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282
Jessica R. Uhl	director	200 WEST STREET, NEW YORK NY 10282
Kimberley D. Harris	director	200 WEST STREET, NEW YORK NY 10282