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The Goldmanchs Group Financial Strength

: 3 (As of Jun. 2022)
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The Goldmanchs Group has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate The Goldmanchs Group's interest coverage with the available data. The Goldmanchs Group's debt to revenue ratio for the quarter that ended in Jun. 2022 was 6.90. Altman Z-Score does not apply to banks and insurance companies.


The Goldmanchs Group Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

The Goldmanchs Group's Interest Expense for the months ended in Jun. 2022 was $-3,117 Mil. Its Operating Income for the months ended in Jun. 2022 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $261,126 Mil.

The Goldmanchs Group's Interest Coverage for the quarter that ended in Jun. 2022 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

The Goldmanchs Group's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(66264 + 261126) / 47456
=6.90

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


The Goldmanchs Group  (NYSE:GS) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

The Goldmanchs Group has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


The Goldmanchs Group Financial Strength Related Terms

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


The Goldmanchs Group Business Description

The Goldmanchs Group logo
Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (45%), asset management (20%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa. In 2008, Goldman reorganized itself as a financial holding company regulated by the Federal Reserve System.
Executives
Leslie Ericka T officer: Chief Administrative Officer 200 WEST STREET NEW YORK NY 10282
Coleman Denis P. officer: Chief Financial Officer 200 WEST STREET NEW YORK NY 10282
Berlinski Philip R. officer: Global Treasurer 200 WEST STREET NEW YORK NY 10282
Uhl Jessica R. director 200 WEST STREET NEW YORK NY 10282
Harris Kimberley D. director 200 WEST STREET NEW YORK NY 10282
Ruemmler Kathryn H. officer: EVP, Chief Legal Officer, GC 200 WEST STREET NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET NEW YORK NY 10282
Fredman Sheara J officer: Chief Accounting Officer C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282
Stein Laurence officer: Chief Administrative Officer C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282
Hammack Elizabeth M officer: Global Treasurer C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282
Tighe Jan E director C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282
Scherr Stephen M officer: Executive Vice President - CFO C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282
O'neill Timothy J. officer: Vice Chairman C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282
Waldron John E. officer: President and COO C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282
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