Air Canada

Air Canadaverified

AC.TO

Price:

$15.25

Market Cap:

$5.47B

Air Canada provides domestic, U.S. transborder, and international airline services. It offers scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand name in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. As of December 31, 2021, the company operated a fleet of 175 aircraft under the Air Canada mainline brand name comprising 97 Boeing and Airbus narrow-body aircraft, and 78 Boeing and Airbus wide-body aircraft; 123 aircraft under the Air Canada Express brand name, including 50 Mitsubishi regional jets, 48 De Havilland Dash-8 ...[Read more]

Industry

Airlines, Airports & Air Services

IPO Date

2010-03-30

Stock Exchange

TSX

Ticker

AC.TO

The Current Ratio as of September 2024 (TTM) for Air Canada (AC.TO) is 0.85

According to Air Canada’s latest financial reports and current stock price. The company's current Current Ratio is 0.85. This represents a change of -11.54% compared to the average of 0.96 of the last 4 quarters.

Air Canada (AC.TO) Historical Current Ratio (quarterly & annually)

How has AC.TO Current Ratio performed in the past?

The mean historical Current Ratio of Air Canada over the last ten years is 1.10. The current 0.85 Current Ratio has changed 7.59% with respect to the historical average. Over the past ten years (40 quarters), AC.TO's Current Ratio was at its highest in in the September 2021 quarter at 1.60. The Current Ratio was at its lowest in in the March 2024 quarter at 0.85.

Quarterly (TTM)
Annual

Average

1.10

Median

1.04

Minimum

0.97

Maximum

1.45

Air Canada (AC.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Air Canada Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 25.65%

Maximum Annual Current Ratio = 1.45

Minimum Annual Increase = -28.83%

Minimum Annual Current Ratio = 0.97

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.03-0.79%
20221.03-28.83%
20211.4519.54%
20201.2125.65%
20190.97-21.77%
20181.2418.04%
20171.056.54%
20160.98-8.79%
20151.089.56%
20140.98-4.60%

Air Canada (AC.TO) Average Current Ratio

How has AC.TO Current Ratio performed in the past?

The current Current Ratio of Air Canada (AC.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.17

5-year avg

1.14

10-year avg

1.10

Air Canada (AC.TO) Current Ratio vs. Peers

How is AC.TO’s Current Ratio compared to its peers?

Air Canada’s Current Ratio is less than Suncor Energy Inc. (1.46), greater than Cineplex Inc. (0.36), greater than Enbridge Inc. (0.77), less than BlackBerry Limited (1.43), greater than The Toronto-Dominion Bank (0.48),

CompanyCurrent RatioMarket cap
1.46$64.31B
0.36$672.51M
0.77$119.30B
1.43$1.81B
0.48$143.14B

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Frequently asked questions❓

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