Gol Intelligent Airlines Inc
Gol Intelligent Airlines Inc operates in various business sectors.
Gol Intelligent Airlines Inc (GOQN) - Total Assets
Latest total assets as of June 2024: €21.79 Billion EUR
Based on the latest financial reports, Gol Intelligent Airlines Inc (GOQN) holds total assets worth €21.79 Billion EUR as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Gol Intelligent Airlines Inc - Total Assets Trend (2018–2023)
This chart illustrates how Gol Intelligent Airlines Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gol Intelligent Airlines Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Gol Intelligent Airlines Inc's total assets of €21.79 Billion consist of 18.1% current assets and 81.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 1.9% |
| Accounts Receivable | €825.20 Million | 4.9% |
| Inventory | €357.29 Million | 2.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.40 Billion | 8.3% |
| Goodwill | €542.30 Million | 3.2% |
Asset Composition Trend (2018–2023)
This chart illustrates how Gol Intelligent Airlines Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gol Intelligent Airlines Inc's current assets represent 18.1% of total assets in 2023, a decrease from 31.9% in 2018.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2023, down from 8.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, a decrease from 16.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 8.3% of total assets.
Gol Intelligent Airlines Inc Competitors by Total Assets
Key competitors of Gol Intelligent Airlines Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Gol Intelligent Airlines Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Gol Intelligent Airlines Inc generates 1.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gol Intelligent Airlines Inc is currently not profitable relative to its asset base.
Gol Intelligent Airlines Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.33 | 0.21 | 0.25 |
| Quick Ratio | 0.31 | 0.19 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-15.35 Billion | € -10.82 Billion | € -8.45 Billion |
Gol Intelligent Airlines Inc - Advanced Valuation Insights
This section examines the relationship between Gol Intelligent Airlines Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -1.4% |
| Total Assets | €16.73 Billion |
| Market Capitalization | $3.90K USD |
Valuation Analysis
Below Book Valuation: The market values Gol Intelligent Airlines Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Gol Intelligent Airlines Inc's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Gol Intelligent Airlines Inc (2018–2023)
The table below shows the annual total assets of Gol Intelligent Airlines Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €16.73 Billion | -1.44% |
| 2022-12-31 | €16.97 Billion | +17.83% |
| 2021-12-31 | €14.40 Billion | +12.39% |
| 2020-12-31 | €12.81 Billion | -16.24% |
| 2019-12-31 | €15.30 Billion | +47.41% |
| 2018-12-31 | €10.38 Billion | -- |