Gol Linhas Aéreas Inteligentes S.A (GOLLQ) — Working Capital to Net Assets Ratio
Gol Linhas Aéreas Inteligentes S.A (GOLLQ) has a Working Capital to Net Assets ratio of 67.3% as of September 2024. Working capital of $-16.16 Billion (current assets of $7.05 Billion minus current liabilities of $23.21 Billion) is measured against net assets of $-24.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gol Linhas Aéreas Inteligentes S.A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gol Linhas Aéreas Inteligentes S.A Working Capital to Net Assets (2013–2023)
This chart shows how Gol Linhas Aéreas Inteligentes S.A's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of September 2024, the ratio stands at 67.3%, reflecting working capital of $-16.16 Billion against net assets of $-24.00 Billion USD. For the complete balance sheet picture, see Gol Linhas Aéreas Inteligentes S.A assets under control.
Annual Working Capital to Net Assets for Gol Linhas Aéreas Inteligentes S.A (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gol Linhas Aéreas Inteligentes S.A from 2013 to 2023, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Gol Linhas Aéreas Inteligentes S.A liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 43.0% | $-9.97 Billion | $-23.17 Billion | $3.03 Billion | $13.00 Billion | ▼ -7.8 pp |
| 2022 | 50.9% | $-10.87 Billion | $-21.36 Billion | $2.99 Billion | $13.86 Billion | ▲ +11.0 pp |
| 2021 | 39.9% | $-8.39 Billion | $-21.05 Billion | $2.69 Billion | $11.08 Billion | ▼ -12.1 pp |
| 2020 | 52.0% | $-7.15 Billion | $-13.77 Billion | $3.25 Billion | $10.40 Billion | ▼ -24.5 pp |
| 2019 | 76.5% | $-1.35 Billion | $-1.77 Billion | $1.23 Billion | $2.58 Billion | ▼ -9.8 pp |
| 2018 | 86.3% | $-1.00 Billion | $-1.16 Billion | $855.23 Million | $1.86 Billion | ▲ +7.8 pp |
| 2017 | 78.5% | $-732.07 Million | $-932.52 Million | $1.01 Billion | $1.74 Billion | ▼ -4.0 pp |
| 2016 | 82.5% | $-850.68 Million | $-1.03 Billion | $639.45 Million | $1.49 Billion | ▲ +11.2 pp |
| 2015 | 71.3% | $-777.63 Million | $-1.09 Billion | $621.40 Million | $1.40 Billion | ▼ -297.1 pp |
| 2014 | 368.3% | $-461.42 Million | $-125.27 Million | $1.12 Billion | $1.58 Billion | ▲ +358.6 pp |
| 2013 | 9.8% | $50.35 Million | $515.92 Million | $1.51 Billion | $1.46 Billion | — |