Gol Linhas Aéreas Inteligentes S.A (GOL) Debt Metrics
Market Cap: $4.35B
Avg Volume: 841.36K
Industry: Airlines, Airports & Air Services
Sector: Industrials
How much debt does Gol Linhas Aéreas Inteligentes S.A have?
According to Gol Linhas Aéreas Inteligentes S.A's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Gol Linhas Aéreas Inteligentes S.A's total debt stands at $23.19B. This is broken down into:
- Long-term debt: $20.12B
- Short-term debt: $3.07B
The company's net debt, which accounts for cash and cash equivalents, is $23.02B. In terms of overall financial obligations, Gol Linhas Aéreas Inteligentes S.A's total liabilities amount to $38.33B.
Debt Ratios and Metrics
To better understand Gol Linhas Aéreas Inteligentes S.A's debt position, we can look at several key ratios:
- Debt to Equity Ratio: -1.23 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 149.57% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.09 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: -60.79% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 528.70% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Gol Linhas Aéreas Inteligentes S.A's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$23.19B
Long-term Debt
$20.12B
Short-term Debt
$3.07B
Net Debt
$23.02B
Total Liabilities
$38.33B
Interest Coverage
0.09
Debt to Equity Ratio
-1.23
Debt Ratio
149.57%
Gol Linhas Aéreas Inteligentes S.A Historical Debt Metrics
Gol Linhas Aéreas Inteligentes S.A Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2022.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | $23.19B | $20.12B | $3.07B | $23.02B | $38.33B | -1.23 | 149.57% | 0.09 | -60.79% | 528.70% |
| 2021 | $22.66B | $19.97B | $2.69B | $22.18B | $35.46B | -0.86 | 119.72% | 0.80 | -67.33% | -637.30% |
| 2020 | $17.56B | $13.89B | $3.67B | $16.90B | $26.58B | -1.09 | 136.66% | 0.17 | -103.41% | 1265.22% |
| 2019 | $14.46B | $10.51B | $3.95B | $12.82B | $22.40B | -1.08 | 157.36% | -1.74 | -115.09% | 1408.22% |
| 2018 | $7.36B | $6.00B | $1.36B | $6.53B | $14.88B | -1.22 | 137.05% | -0.48 | -112.39% | 556.78% |
| 2017 | $7.24B | $6.05B | $1.19B | $6.22B | $13.07B | -1.88 | 94.54% | 1.38 | -324.16% | 213.13% |
| 2016 | $6.38B | $5.54B | $835.29M | $5.82B | $11.76B | -1.48 | 70.88% | 0.50 | 1503.59% | 310.31% |
| 2015 | $9.30B | $7.91B | $1.40B | $8.23B | $14.69B | -2.07 | 72.41% | 1.03 | 379.08% | 193.49% |
| 2014 | $6.24B | $5.12B | $1.11B | $4.34B | $10.31B | -1.75 | 75.90% | 0.70 | 924.27% | 233.74% |
| 2013 | $5.59B | $5.15B | $440.83M | $3.95B | $9.42B | -2.05 | 89.74% | -0.14 | 631.36% | 195.54% |
Related Metrics
Explore detailed financial metrics and analysis for GOL.