Gol Linhas Aéreas Inteligentes S.A.

BOVESPA:GOLL4 Stock Report

Market Cap: R$466.7m

Gol Linhas Aéreas Inteligentes Balance Sheet Health

Financial Health criteria checks 1/6

Gol Linhas Aéreas Inteligentes has a total shareholder equity of R$-23.2B and total debt of R$19.1B, which brings its debt-to-equity ratio to -82.3%. Its total assets and total liabilities are R$21.8B and R$45.0B respectively. Gol Linhas Aéreas Inteligentes's EBIT is R$2.6B making its interest coverage ratio 0.7. It has cash and short-term investments of R$2.4B.

Key information

-82.3%

Debt to equity ratio

R$19.12b

Debt

Interest coverage ratio0.7x
CashR$2.40b
Equity-R$23.22b
Total liabilitiesR$45.01b
Total assetsR$21.79b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GOLL4 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GOLL4 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GOLL4 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GOLL4's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GOLL4 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GOLL4 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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