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The Goldmanchs Group (The Goldmanchs Group) Effective Interest Rate on Debt % : 21.29% (As of Dec. 2023)


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What is The Goldmanchs Group Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. The Goldmanchs Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $68,580 Mil. The Goldmanchs Group's average total debt for the quarter that ended in Dec. 2023 was $322,116 Mil. Therefore, The Goldmanchs Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 21.29%.


The Goldmanchs Group Effective Interest Rate on Debt % Historical Data

The historical data trend for The Goldmanchs Group's Effective Interest Rate on Debt % 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.

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The Goldmanchs Group Effective Interest Rate on Debt % Chart

The Goldmanchs Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.17 3.13 1.83 6.61 18.91

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
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.19 18.87 21.31 21.29 22.25

Competitive Comparison of The Goldmanchs Group's Effective Interest Rate on Debt %

For the Capital Markets subindustry, The Goldmanchs Group's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where The Goldmanchs Group's Effective Interest Rate on Debt % falls into.



The Goldmanchs Group Effective Interest Rate on Debt % Calculation

The Goldmanchs Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -62164/( (324199+333248)/ 2 )
=-1  *  -62164/328723.5
=18.91 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=256399 + 67800
=324199

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=250099 + 83149
=333248

The Goldmanchs Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -68580/( (310983+333248)/ 2 )
=-1  *  -68580/322115.5
=21.29 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=232292 + 78691
=310983

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=250099 + 83149
=333248

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


The Goldmanchs Group  (NYSE:GS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


The Goldmanchs Group Effective Interest Rate on Debt % Related Terms

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The Goldmanchs Group (The Goldmanchs Group) Business Description

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