Gol Linhas Invested Capital Average vs Average Equity Analysis

GOL -- USA Stock  

USD 16.38  0.10  0.61%

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 Invested Capital Average and its Average Equity accounts. Please also check Risk vs Return Analysis.

Invested Capital Average vs Average Equity

Accounts Relationship

Invested Capital Average vs Average Equity

Significance: Almost No Relationship

Invested Capital Average diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Gol Linhas Aereas Invested Capital Average account and Average Equity

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from [InvCap]. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.

Average Equity

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