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 debt-free asset ratio of Gol Linhas Aéreas Inteligentes S.A to measure how much of total assets are equity-financed.
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. Check GOLLQ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see GOLLQ market cap overview.
| 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 | — |