Gol Linhas Aéreas Inteligentes Balance Sheet Health
Financial Health criteria checks 0/6
Gol Linhas Aéreas Inteligentes has a total shareholder equity of R$-24.0B and total debt of R$19.4B, which brings its debt-to-equity ratio to -80.7%. Its total assets and total liabilities are R$21.8B and R$45.9B respectively. Gol Linhas Aéreas Inteligentes's EBIT is R$2.3B making its interest coverage ratio 0.6. It has cash and short-term investments of R$1.7B.
Key information
-80.7%
Debt to equity ratio
R$19.40b
Debt
| Interest coverage ratio | 0.6x |
| Cash | R$1.74b |
| Equity | -R$24.03b |
| Total liabilities | R$45.86b |
| Total assets | R$21.83b |
Recent financial health updates
Recent updates
Gol Linhas Aéreas Inteligentes: Q3 Earnings, Not Enough To Turn Bullish
Nov 24Gol: The Long And Winding Road
Nov 11Gol Linhas: Worst Priced In?
Sep 28Gol Linhas: Positive Q2, Yet Fragility Amid Macro Headwinds
Sep 19Gol: Despite A Quant Top Pick, I Remain Neutral
Jul 12Gol Airlines: Looks Like A Buy But Is A Hold
May 23GOL Linhas Aéreas Inteligentes sees ~8% growth in January prelim departures
Feb 07Gol Is Overvalued, And Less Valuable Than Azul
Jan 26Gol Is High Risk Big Reward
Dec 22GOL: On Track For A Post-COVID Recovery
Nov 17GOL sees ~37% growth in October prelim departures
Nov 07GOL Linhas GAAP EPS of -R$3.70, revenue of R$4B
Oct 27GOL Linhas guides for Q3 loss of $0.7/share
Oct 13GOL Linhas Aéreas preliminary ASK up 36.9% in September
Oct 05Gol Is Still Risky And Overpriced
Sep 01GOL Linhas Q2 2022 Earnings Preview
Jul 27Gol Linhas guides Q2 earnings below consensus
Jul 11Gol Linhas: FY22 Guidance Cut, Elevated Leverage
Mar 17GOL May Survive But Is Way Overpriced
Dec 16Gol Airlines: Well-Positioned For Reopening Following Latest Codeshare Agreement
Oct 05Gol Is Currently Undervalued By The Market
Jul 01GOL Linhas transported 1.1M passengers in May 2021
Jun 07Financial Position Analysis
Short Term Liabilities: GOLL.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GOLL.Q 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: GOLL.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GOLL.Q'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: GOLL.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GOLL.Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 17:29 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gol Linhas Aéreas Inteligentes S.A. is covered by 26 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mel Fernandes | Banco Brascan S.A. |
| Daniel Spilberg | Barclays |
| Luan Calimerio | BB Banco de Investimento S.A. |