Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Total Current Assets : $618 Mil (As of Dec. 2023)

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What is Gol Linhas Aereas Inteligentes Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gol Linhas Aereas Inteligentes's total current assets for the quarter that ended in Dec. 2023 was $618 Mil.

Gol Linhas Aereas Inteligentes Total Current Assets Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gol Linhas Aereas Inteligentes Total Current Assets Chart

Gol Linhas Aereas Inteligentes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,200.48

630.81

475.35

570.70

618.04

Gol Linhas Aereas Inteligentes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															570.70	629.57	605.89	716.61	618.04

Gol Linhas Aereas Inteligentes Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Gol Linhas Aereas Inteligentes's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	130.583	+	168.414	+	72.92	+	246.119
	=	618

Gol Linhas Aereas Inteligentes's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	130.583	+	168.414	+	72.92	+	246.119
	=	618

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Gol Linhas Aereas Inteligentes (OTCPK:GOLLQ) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Gol Linhas Aereas Inteligentes's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	130.583	-	8141.824	+	0.75 * 168.414	+	0.5 * 72.92
=	-7,848

Gol Linhas Aereas Inteligentes Total Current Assets Related Terms

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Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gol Linhas Aereas Inteligentes SA (OTCPK:GOLLQ) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

GOQN:Germany GOLL4:Brazil

Address

S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020

Website

https://www.voegol.com.br

Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.