Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Total Assets : $3,414 Mil (As of Dec. 2023)

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What is Gol Linhas Aereas Inteligentes Total Assets?

Gol Linhas Aereas Inteligentes's Total Assets for the quarter that ended in Dec. 2023 was $3,414 Mil.

During the past 12 months, Gol Linhas Aereas Inteligentes's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 12.90% per year. During the past 5 years, the average Total Assets Growth Rate was 11.60% per year. During the past 10 years, the average Total Assets Growth Rate was 8.70% per year.

During the past 13 years, Gol Linhas Aereas Inteligentes's highest 3-Year average Total Assets Growth Rate was 94.70%. The lowest was -1.90%. And the median was 10.30%.

Total Assets is connected with ROA %. Gol Linhas Aereas Inteligentes's annualized ROA % for the quarter that ended in Dec. 2023 was -25.99%. Total Assets is also linked to Revenue through Asset Turnover. Gol Linhas Aereas Inteligentes's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.

Gol Linhas Aereas Inteligentes Total Assets Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes's Total 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 Assets Chart

Gol Linhas Aereas Inteligentes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,727.24

2,490.75

2,546.88

3,235.27

3,413.65

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 Assets	Get a 7-Day Free Trial															3,235.27	3,262.65	3,388.56	3,480.95	3,413.65

Gol Linhas Aereas Inteligentes Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-4728.175	+	8141.824
	=	3,414

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

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	-4728.175	+	8141.824
	=	3,414

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

Total Assets is connected with ROA %.

Gol Linhas Aereas Inteligentes's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-896.124	/	( (3480.953	+	3413.648)	/ 2 )
	=	-896.124	/	3447.3005
	=	-25.99 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1029.115	/	( (3480.953	+	3413.648)	/ 2 )
=	1029.115	/	3447.3005
=	0.30

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Gol Linhas Aereas Inteligentes Total 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 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.