GSPC.PFD (The Goldmanchs Group) Total Assets : $1,728,080.00 Mil (As of Sep. 2024)

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What is The Goldmanchs Group Total Assets?

The Goldmanchs Group's Total Assets for the quarter that ended in Sep. 2024 was $1,728,080.00 Mil.

Warning Sign:

If a company builds assets at 11.5% a year, faster than its revenue growth rate of 9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, The Goldmanchs Group's average Total Assets Growth Rate was 19.50% per year. During the past 3 years, the average Total Assets Growth Rate was 10.70% per year. During the past 5 years, the average Total Assets Growth Rate was 11.50% per year. During the past 10 years, the average Total Assets Growth Rate was 5.60% per year.

During the past 13 years, The Goldmanchs Group's highest 3-Year average Total Assets Growth Rate was 28.20%. The lowest was -7.70%. And the median was 6.40%.

Total Assets is connected with ROA %. The Goldmanchs Group's annualized ROA % for the quarter that ended in Sep. 2024 was 0.71%. Total Assets is also linked to Revenue through Asset Turnover. The Goldmanchs Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

The Goldmanchs Group Total Assets Historical Data

The historical data trend for The Goldmanchs Group's Total Assets 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 Total Assets Chart

The Goldmanchs Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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992,968.00

1,163,028.00

1,463,988.00

1,441,799.00

1,641,594.00

The Goldmanchs Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															1,577,153.00	1,641,594.00	1,698,440.00	1,653,313.00	1,728,080.00

The Goldmanchs Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

The Goldmanchs Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	116905	+	1524689
	=	1,641,594.00

The Goldmanchs Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	121200	+	1606880
	=	1,728,080.00

The Goldmanchs Group (NYSE:GSpC.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

The Goldmanchs Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	11960	/	( (1653313	+	1728080)	/ 2 )
	=	11960	/	1690696.5
	=	0.71 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

The Goldmanchs Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	12699	/	( (1653313	+	1728080)	/ 2 )
=	12699	/	1690696.5
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

The Goldmanchs Group Total Assets Related Terms

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The Goldmanchs Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Goldman Sachs Group Inc (NYSE:GSpC.PFD) » Definitions » Total Assets

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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.