Gol Linhas Aéreas Inteligentes S.A (GOLLQ) - Net Assets
Based on the latest financial reports, Gol Linhas Aéreas Inteligentes S.A (GOLLQ) has net assets worth $-24.00 Billion USD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.83 Billion) and total liabilities ($45.83 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Gol Linhas Aéreas Inteligentes S.A tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-24.00 Billion |
| % of Total Assets | -109.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Gol Linhas Aéreas Inteligentes S.A - Net Assets Trend (2013–2023)
This chart illustrates how Gol Linhas Aéreas Inteligentes S.A's net assets have evolved over time, based on quarterly financial data. See GOLLQ cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gol Linhas Aéreas Inteligentes S.A (2013–2023)
The table below shows the annual net assets of Gol Linhas Aéreas Inteligentes S.A from 2013 to 2023. For live valuation and market cap data, see Gol Linhas Aéreas Inteligentes S.A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-23.17 Billion | -8.47% |
| 2022-09-30 | $-21.36 Billion | -1.45% |
| 2021-09-30 | $-21.05 Billion | -52.93% |
| 2020-09-30 | $-13.77 Billion | -678.78% |
| 2019-09-30 | $-1.77 Billion | -51.90% |
| 2018-09-30 | $-1.16 Billion | -24.80% |
| 2017-09-30 | $-932.52 Million | +9.60% |
| 2016-09-30 | $-1.03 Billion | +5.46% |
| 2015-09-30 | $-1.09 Billion | -771.04% |
| 2014-09-30 | $-125.27 Million | -124.28% |
| 2013-09-30 | $515.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gol Linhas Aéreas Inteligentes S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2595116798800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.20 Billion | % |
| Other Comprehensive Income | $-288.50 Million | % |
| Total Equity | $-23.17 Billion | 100.00% |
Gol Linhas Aéreas Inteligentes S.A Competitors by Market Cap
The table below lists competitors of Gol Linhas Aéreas Inteligentes S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
I Yuan Precision Ind Co Ltd
TWO:2235
|
$33.91 Million |
|
Midland Exploration Inc
V:MD
|
$33.92 Million |
|
Network-1 Technologies Inc
NYSE MKT:NTIP
|
$33.92 Million |
|
Dunia Virtual Online Tbk Pt
JK:AREA
|
$33.93 Million |
|
Dacome International Ltd
TWO:9960
|
$33.87 Million |
|
Neo Battery Materials Ord Shs
V:NBM
|
$33.86 Million |
|
Inbest Prime IV Inmuebles SOCIMI S.A.
MC:YINB4
|
$33.85 Million |
|
Carnival PLC
LSE:CCL
|
$33.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gol Linhas Aéreas Inteligentes S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -21,358,815,000 to -23,167,114,000, a change of -1,808,299,000.
- Net loss of 1,222,259,000 reduced equity.
- Other comprehensive income decreased equity by 696,580,000.
- Other factors increased equity by 110,540,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.22 Billion | -5.28% |
| Other Comprehensive Income | $-696.58 Million | -3.01% |
| Other Changes | $110.54 Million | +0.48% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Gol Linhas Aéreas Inteligentes S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-09-30 | $1.99 | $0.20 | x |
| 2014-09-30 | $-1.40 | $0.20 | x |
| 2015-09-30 | $-7.60 | $0.20 | x |
| 2016-09-30 | $-6.48 | $0.20 | x |
| 2017-09-30 | $-6.05 | $0.20 | x |
| 2018-09-30 | $-7.39 | $0.20 | x |
| 2019-09-30 | $-10.86 | $0.20 | x |
| 2020-09-30 | $-80.99 | $0.20 | x |
| 2021-09-30 | $-111.60 | $0.20 | x |
| 2022-09-30 | $-104.47 | $0.20 | x |
| 2023-09-30 | $-14.48 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gol Linhas Aéreas Inteligentes S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.51%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -122.37% | -8.89% | 0.84x | 16.34x | $-364.82 Million |
| 2014 | 0.00% | -12.38% | 1.01x | 0.00x | $-449.33 Million |
| 2015 | 0.00% | -45.62% | 0.94x | 0.00x | $-1.01 Billion |
| 2016 | 0.00% | 8.70% | 1.16x | 0.00x | $372.16 Million |
| 2017 | 0.00% | 0.18% | 1.03x | 0.00x | $111.37 Million |
| 2018 | 0.00% | -9.51% | 1.10x | 0.00x | $-151.59 Million |
| 2019 | 0.00% | -0.85% | 0.91x | 0.00x | $161.81 Million |
| 2020 | 0.00% | -93.98% | 0.50x | 0.00x | $-4.55 Billion |
| 2021 | 0.00% | -97.15% | 0.52x | 0.00x | $-5.12 Billion |
| 2022 | 0.00% | -10.27% | 0.90x | 0.00x | $574.41 Million |
| 2023 | 0.00% | -6.51% | 1.12x | 0.00x | $1.09 Billion |
Industry Comparison
This section compares Gol Linhas Aéreas Inteligentes S.A's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $-325,476,992
- Average return on equity (ROE) among peers: 4.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gol Linhas Aéreas Inteligentes S.A (GOLLQ) | $-24.00 Billion | -122.37% | N/A | $33.88 Million |
| American Airlines Group (AAL) | $3.79 Billion | -6.33% | 3.27x | $9.91 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-899.91 Million | 0.00% | 0.00x | $240.65 Million |
| Allegiant Travel Company (ALGT) | $351.50 Million | 14.05% | 1.01x | $2.31 Billion |
| Alaska Air Group Inc (ALK) | $664.80 Million | -2.30% | 4.02x | $4.35 Billion |
| Copa Holdings SA (CPA) | $1.54 Billion | 21.25% | 1.27x | $4.56 Billion |
| Delta Air Lines Inc (DAL) | $-9.89 Billion | 0.00% | 0.00x | $48.18 Billion |
| flyExclusive, Inc. (FLYX) | $47.42 Million | 12.75% | 9.42x | $51.37 Million |
| flyExclusive, Inc. (FLYX) | $210.36 Million | 3.84% | 0.07x | $112.53 Million |
| JetBlue Airways Corp (JBLU) | $1.26 Billion | -6.03% | 3.78x | $1.85 Billion |
About Gol Linhas Aéreas Inteligentes S.A
GOL Linhas Aéreas Inteligentes S.A. provides scheduled and non-scheduled air transportation services for passengers and cargo, and maintenance services for aircraft and components in Brazil and internationally. It operates a fleet of 146 Boeing 737 aircraft. The company was founded in 2000 and is headquartered in São Paulo, Brazil. On January 25, 2024, GOL Linhas Aéreas Inteligentes S.A., along w… Read more