Balance Sheet Data

Gol Linhas Aéreas Inteligentes S.A. (GOL)

$3.74

-0.10 (-2.60%)

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 1,304.552,599.191,291.17777.62573.152,401.322,933.113,582.674,376.075,345.18
Total Cash (%)
Account Receivables 1,214.121,539.20926.651,027.071,082.912,124.762,595.303,170.053,872.084,729.57
Account Receivables (%)
Inventories 180.14199.21195.64222.06392.15432.68528.49645.53788.49963.10
Inventories (%)
Accounts Payable 1,769.511,840.741,612.541,820.062,274.503,473.074,242.215,181.676,329.187,730.82
Accounts Payable (%)
Capital Expenditure -875.65-979.22-661.95-788.51-857.33-1,536.15-1,876.35-2,291.87-2,799.42-3,419.37
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.