Gol Linhas Average Assets vs Enterprise Value Analysis

GOL -- USA Stock  

USD 17.05  1.34  8.53%

Gol Linhas financial indicator trend analysis is much more than just examining Gol Linhas Aereas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gol Linhas Aereas is a good investment. Please check the relationship between Gol Linhas Average Assets and its Enterprise Value accounts. Please also check Risk vs Return Analysis.

Average Assets vs Enterprise Value

Accounts Relationship

Average Assets vs Enterprise Value

Significance: Pay attention

Average Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Gol Linhas Aereas Average Assets account and Enterprise Value

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].

Enterprise Value

Enterprise 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].
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