Gol Linhas Aéreas Inteligentes Balance Sheet Health
Financial Health criteria checks 0/6
Gol Linhas Aéreas Inteligentes has a total shareholder equity of R$-22.0B and total debt of R$13.8B, which brings its debt-to-equity ratio to -62.8%. Its total assets and total liabilities are R$17.2B and R$39.2B respectively. Gol Linhas Aéreas Inteligentes's EBIT is R$2.7B making its interest coverage ratio 0.9. It has cash and short-term investments of R$904.9M.
Key information
-62.8%
Debt to equity ratio
R$13.83b
Debt
| Interest coverage ratio | 0.9x |
| Cash | R$904.93m |
| Equity | -R$22.03b |
| Total liabilities | R$39.22b |
| Total assets | R$17.19b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOL N has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GOL N 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: GOL N has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GOL N's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GOL N's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: GOL N's interest payments on its debt are not well covered by EBIT (0.9x coverage).