Gol Linhas Earnings before Tax vs Enterprise Value Analysis

GOL -- USA Stock  

USD 16.53  0.15  0.92%

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 Earnings before Tax and its Enterprise Value accounts. Please also check Risk vs Return Analysis.

Earnings before Tax vs Enterprise Value

Accounts Relationship

Earnings before Tax vs Enterprise Value

Significance: Strong Relationship

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

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].

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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