Some fundamental drivers such as market cap or Gol Linhas enterprice value can be analyzed from historical prospective to project value of the company into the future. Some investors analyze Gol Linhas Aereas valuation indicators such as Enterprise Value of 2.8 B or Free Cash Flow of 749.1 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Gol Linhas future value. Financial Statement Analysis is much more than just reviewing and breaking down Gol Linhas Aereas prevalent accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Gol Linhas Aereas is a good buy for the upcoming year. Please also check Risk vs Return Analysis.
Average AssetsAverage asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
Enterprise ValueEnterprise Value (or EV) is usually referred to as Gol Linhas theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Gol Linhas Aereas debt, but would also pocket its cash. Enterprise Value is more accurate representation of Gol Linhas value than its market capitalization because it takes into account all of Gol Linhas Aereas Inteligentes existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].
Market CapitalizationMarket capitalization (or market cap) is the total value of the shares outstanding of Gol Linhas Aereas Inteligentes. It is equal to Gol Linhas current share price times the number of Gol Linhas Aereas outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].
Working CapitalWorking capital measures the difference between [AssetsC] and [LiabilitiesC].