Company Information

  

Address: PRA?A COMANDANTE LINNEU GOMES
PORTARIA 3, PR?DIO 24 JARDIM AEROPORTO 
City: S?O PAULO 
State:  
Zip Code: 04630-000 
Telephone: 55 11 5033-4226 

Description of Business

Primary SIC Code: 4512
(As filed with the SEC)  

We are Brazil's number one airline, based on our size, low operating costs, network reach, management team and customer experience. In 2016, we: † were the largest Brazilian airline with 33 million passengers transported and a domestic market share of 36%, † had the lowest operating costs (CASK) of any Brazilian airline, with a CASK of R$19.8 cents, † operated the most flights at Brazil's busiest airports, † were the most on-time airline in Brazil, † own the airline loyalty program in Brazil with the highest market valuation, Smiles, with 12 million members as of December 31, 2016, and † had one of Brazil's largest e-commerce platforms and were a leader in digital solutions for clients. Gol was founded in 2000, when entrepreneur Constantino Oliveira Junior brought the low-cost carrier concept to the Brazilian market.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.00NAN/E
12/2015-75.60NAN/E
12/20110.00NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.36Total Liab/Total Assets1.40
Net Inc/Total Assets0.13Total Liab/Inv Cap4.47
Net Inc/Inv Cap0.42Total Liab/Comm Equity3.84
Pretax Inc/Net Sales0.14Interest Coverage Ratio2.07
Net Inc/Net Sales0.11Curr Debt/Equity-0.25
Cash Flow/Net Sales0.00LTD/Equity-1.53
SG&A/NetSales0.27Total Debt/Equity-1.78
Asset Utilization   Liquidity  
Net Receivables Turnover16.23Quick Ratio0.39
Inventory Turnover35.08Current Ratio0.43
Inventory Day Sales0.09Net Rec/Curr Assets0.38
Net Sales/Work Cap-3.56Inv/Curr Assets0.09
Net Sales/PP&E3.26  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 3,031.72 2,471.53 3,786.85 3,796.21
Cost of Goods Sold 1,867.12 1,702.72 2,475.70 2,524.98
Selling & Admin Exps 812.65 708.19 945.97 920.72
Operating Income 214.01 -46.45 189.96 112.74
Interest Exp 390.69 335.90 537.63 437.28
Pretax Income 418.29 -871.31 -358.39 -276.88
Other Income 594.97 -488.96 -10.72 47.65
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 338.70 -1,084.67 -420.32 -307.13

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 307.58 411.22 862.09 1,262.07
Receivables - Total 241.97 131.61 163.09 159.77
Inventories - Total 56.10 50.36 52.17 49.65
Total Current Assets 639.30 622.20 1,123.39 1,511.37
Net Property, Plant & Equipment 929.43 1,075.92 1,355.07 1,598.88
Total Assets 2,582.22 2,620.76 3,753.16 4,509.25
Liabilities        
Accounts Payable 912.54 708.76 926.06 1,055.35
Debt in Current Liabilities 284.05 388.77 449.97 199.70
Total Current Liabilities 1,489.77 1,400.82 1,584.77 1,460.97
Long-Term Debt 1,716.51 2,008.81 1,940.90 2,208.16
Total Liabilities 3,613.58 3,713.32 3,878.42 3,992.77
Stockholder's Equity        
Minority Interest 90.10 56.63 69.75 240.57
Preferred Stock NA NA NA NA
Common Stock 946.36 778.54 985.16 1,060.33
Retained Earnings -2,246.74 -2,063.08 -1,392.37 -1,040.60
Treasury Stock -4.11 -5.74 -11.80 -13.61
Total Stockholders' Equity -1,121.46 -1,149.19 -195.01 275.90
Total Liabilities and Stockholders' Equity 2,492.12 2,564.14 3,683.41 4,268.68

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -6.47 -151.52 424.80 171.19
Net Cash Provided by Investing Activities 181.92 -318.27 -162.37 -135.19
Net Cash Provided by Financing Activities -326.54 189.62 -116.46 342.13

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20123,957.78-738.91--
12/20133,796.21-307.13--
12/20143,786.85-420.32--
12/20152,471.53-1,084.67-75.60
12/20163,031.72338.700.00
Growth Rates-6.45----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/174816,29615.99




Report Date : 12/11/2017

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