Gol Linhas Aéreas Inteligentes S.A.

São Paulo Stock Exchange GOLL4.SA

Gol Linhas Aéreas Inteligentes S.A. Debt to Equity Ratio for the year ending December 31, 2023: -0.86

Gol Linhas Aéreas Inteligentes S.A. Debt to Equity Ratio is -0.86 for the year ending December 31, 2023, a 20.39% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Gol Linhas Aéreas Inteligentes S.A. Debt to Equity Ratio for the year ending December 31, 2022 was -1.09, a -0.87% change year over year.
Gol Linhas Aéreas Inteligentes S.A. Debt to Equity Ratio for the year ending December 31, 2021 was -1.08, a 11.69% change year over year.
Gol Linhas Aéreas Inteligentes S.A. Debt to Equity Ratio for the year ending December 31, 2020 was -1.22, a 35.30% change year over year.
Gol Linhas Aéreas Inteligentes S.A. Debt to Equity Ratio for the year ending December 31, 2019 was -1.88, a -27.68% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

São Paulo Stock Exchange: GOLL4.SA

Gol Linhas Aéreas Inteligentes S.A.

CEO	Mr. Celso Guimarães Ferrer Junior
IPO Date	June 24, 2004
Location	Brazil
Headquarters	Praca Comandante Linneu Gomes, S/N
Employees	13,701
Sector	Consumer Discretionary
Industries Airlines Air Freight Online Travel Travel

Description

GOL Linhas Aéreas Inteligentes S.A. provides scheduled and non-scheduled air transportation services for passengers and cargo; and maintenance services for aircrafts and components in Brazil, rest of South America, the Caribbean, and the United States. The company offers Smiles frequent-flyer programs to approximately 19 million members, allowing clients to accumulate and redeem miles. It operates a fleet of 135 Boeing 737 aircrafts with 492 daily flights. GOL Linhas Aéreas Inteligentes S.A. was founded in 2000 and is headquartered in São Paulo, Brazil.

Key trends

Past 5 years