Gol Linhas Aereas Inteligentes (BSP:GOLL54) Equity-to-Asset: -0.59 (As of Sep. 2025)

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BSP:GOLL54 Gol Linhas Aereas Inteligentes SA BSP:GOLL54
36 GF Score
Price R$9.75
GF Value R$43.98
! 5 Warning Signs
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What is Gol Linhas Aereas Inteligentes Equity-to-Asset?

Gol Linhas Aereas Inteligentes BSP:GOLL54 36 Equity-to-Asset is -0.59 as of Sep. 2025. GuruFocus rates BSP:GOLL54 with a GF Score™ of 36/100 and a GF Value™ of R$43.98. The stock has 5 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gol Linhas Aereas Inteligentes's Total Stockholders Equity for the quarter that ended in Sep. 2025 was R$-15,619 Mil. Gol Linhas Aereas Inteligentes's Total Assets for the quarter that ended in Sep. 2025 was R$26,719 Mil. Therefore, Gol Linhas Aereas Inteligentes's Equity to Asset Ratio for the quarter that ended in Sep. 2025 was -0.59.

The historical rank and industry rank for Gol Linhas Aereas Inteligentes's Equity-to-Asset or its related term are showing as below:

BSP:GOLL54' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.46   Med: -0.71   Max: -0.34
Current: -0.59

During the past 13 years, the highest Equity to Asset Ratio of Gol Linhas Aereas Inteligentes was -0.34. The lowest was -1.46. And the median was -0.71.

BSP:GOLL54's Equity-to-Asset is not ranked
in the Transportation industry.
Industry Median: 0.5 vs BSP:GOLL54: -0.59

Gol Linhas Aereas Inteligentes  (BSP:GOLL54) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Gol Linhas Aereas Inteligentes Equity-to-Asset Related Terms


Gol Linhas Aereas Inteligentes Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Gol Linhas Aereas Inteligentes's Equity-to-Asset 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.

Gol Linhas Aereas Inteligentes Equity-to-Asset Chart

Gol Linhas Aereas Inteligentes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.12 -1.46 -1.26 -1.39 -1.21

Gol Linhas Aereas Inteligentes Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.07 -1.10 -1.21 -0.61 -0.59

BSP:GOLL54 vs DAL, UAL, LUV: Equity-to-Asset Comparison

For the Airlines subindustry, Gol Linhas Aereas Inteligentes's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gol Linhas Aereas Inteligentes Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Equity-to-Asset falls into.


BSP:GOLL54
36GF Score
Gol Linhas Aereas Inteligentes SA BSP:GOLL54
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Gol Linhas Aereas Inteligentes Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Gol Linhas Aereas Inteligentes's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=-29090.519/23986.261
=-1.21

Gol Linhas Aereas Inteligentes's Equity to Asset Ratio for the quarter that ended in Sep. 2025 is calculated as

Equity to Asset (Q: Sep. 2025 )=Total Stockholders Equity/Total Assets
=-15618.767/26719.338
=-0.58

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.59 mean?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a Equity-to-Asset of -0.59 as of Sep. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gol Linhas Aereas Inteligentes and its competitors.
Is Gol Linhas Aereas Inteligentes' Equity-to-Asset too high?
Gol Linhas Aereas Inteligentes' current Equity-to-Asset is -0.59. Overall, Gol Linhas Aereas Inteligentes has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Gol Linhas Aereas Inteligentes' Equity-to-Asset compare to DAL and UAL?
Gol Linhas Aereas Inteligentes' Equity-to-Asset of -0.59 can be compared against companies in the Transportation industry. The industry median Equity-to-Asset is 0.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gol Linhas Aereas Inteligentes and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gol Linhas Aereas Inteligentes's current Equity-to-Asset is -0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gol Linhas Aereas Inteligentes stock overvalued right now?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a current Equity-to-Asset of -0.59. The stock's GF Value™ is R$43.98, compared to a current price of R$9.75 — trading 77.8% below its estimated fair value. The current Equity-to-Asset is -0.59. Gol Linhas Aereas Inteligentes' overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Gol Linhas Aereas Inteligentes (BSP:GOLL54), the current Equity-to-Asset is -0.59 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gol Linhas Aereas Inteligentes (BSP:GOLL54) Overvalued in 2026?

Based on GuruFocus' analysis, Gol Linhas Aereas Inteligentes stock appears to be undervalued. The current stock price of R$9.75 is trading 77.8% below its estimated GF Value™ of R$43.98.

Key valuation signals for BSP:GOLL54:

  • Equity-to-Asset: -0.59
  • GF Value™: R$43.98 vs. price of R$9.75 (77.8% below fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the BSP:GOLL54 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gol Linhas Aereas Inteligentes Business Description

Address Portaria 3, Predio 24, Praca Comandante Linneu Gomes, Jardim Aeroporto, Sao Paulo, SP, BRA, 04630-000
Gol Linhas Aereas Inteligentes SA 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 operates both domestic and international flights from which the majority of revenues come in from domestic operations.
36GF Score

Get the complete analysis for BSP:GOLL54

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$9.75
Price
R$43.98
GF Value