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  "documentTitle": "why invest in goldman sachs",
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      "text": "Goldman Sachs is below the majority of its competitors and the industry average for all the years but was in-line with Morgan Stanley from 2001-2006 and the S&P 500 from 2000-2003.",
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      "text": "TIE Ratio- the TIE ratio is calculated by taking the company's earnings before interest taxes and dividing it by their interest expense. The reason behind the TIE ratio being an important ratio is because it measures the company's ability to meet the interest on its debts obligations. Goldman Sachs outperformed all the three competitors for all the years but was below Merrill Lynch TIE ratio for 2003.",
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      "text": "Debt-To-Equity Ratio- The debt-to-equity ratio indicates what proportion of equity and debt the company is using to finance its assets. Goldman Sachs is below the majority of its competitors and the industry average for all the years but was in-line with Morgan Stanley from 2001-2006 and the S&P 500 from 2000-2003. This indicates relatively less debt in its capital structure. However, Goldman Sachs' D/E ratio was above the S&P 500 over 2004-2005.",
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      "text": "4. LONG-TERM SOLVENCY AND DEBT CAPACITY:",
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