Air Canada (AC) — Cash Flow-to-Debt Ratio
Latest as of March 2026:
0.06x
Air Canada (AC) has a Cash Flow-to-Debt Ratio of 0.06x as of March 2026, meaning its operating cash flow of CA$1.80 Billion could theoretically repay 0% of its total liabilities (CA$30.37 Billion) in one year. Explore Air Canada (AC) investment intensity to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
0.06x
Operating CF / Total Liabilities
Operating Cash Flow
CA$1.80 Billion
CAD
Total Liabilities
CA$30.37 Billion
CAD
Data as of
Mar 2026
Most recent filing
Air Canada Cash Flow-to-Debt Ratio (2001–2025)
Historical debt coverage capacity for Air Canada across 24 annual periods. Also explore Air Canada assets under control for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Air Canada (2001–2025)
Year-by-year debt coverage analysis for Air Canada. For market capitalisation and broader financial context, see AC market cap.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | CA$3.66 Billion | CA$28.62 Billion | ▼ -6.3% |
| 2024 | 0.14x | CA$3.93 Billion | CA$28.82 Billion | ▼ -7.3% |
| 2023 | 0.15x | CA$4.32 Billion | CA$29.38 Billion | ▲ +92.9% |
| 2022 | 0.08x | CA$2.37 Billion | CA$31.06 Billion | ▲ +249.3% |
| 2021 | -0.05x | CA$-1.56 Billion | CA$30.61 Billion | ▲ +41.0% |
| 2020 | -0.09x | CA$-2.35 Billion | CA$27.20 Billion | ▼ -135.4% |
| 2019 | 0.24x | CA$5.71 Billion | CA$23.36 Billion | ▲ +6.8% |
| 2018 | 0.23x | CA$3.47 Billion | CA$15.16 Billion | ▲ +20.0% |
| 2017 | 0.19x | CA$2.74 Billion | CA$14.36 Billion | ▲ +9.4% |
| 2016 | 0.17x | CA$2.42 Billion | CA$13.89 Billion | ▲ +13.3% |
| 2015 | 0.15x | CA$2.01 Billion | CA$13.09 Billion | ▲ +92.5% |
| 2014 | 0.08x | CA$941.00 Million | CA$11.78 Billion | ▲ +18.7% |
| 2013 | 0.07x | CA$731.00 Million | CA$10.87 Billion | ▲ +27.6% |
| 2012 | 0.05x | CA$643.00 Million | CA$12.19 Billion | ▲ +22.7% |
| 2011 | 0.04x | CA$586.00 Million | CA$13.64 Billion | ▼ -47.3% |
| 2010 | 0.08x | CA$933.00 Million | CA$11.44 Billion | ▲ +527.7% |
| 2009 | -0.02x | CA$-167.00 Million | CA$8.76 Billion | ▼ -94.6% |
| 2008 | -0.01x | CA$-102.00 Million | CA$10.41 Billion | ▼ -121.4% |
| 2007 | 0.05x | CA$429.00 Million | CA$9.37 Billion | ▲ +11.0% |
| 2006 | 0.04x | CA$393.00 Million | CA$9.52 Billion | ▼ -5.2% |
| 2005 | 0.04x | CA$388.00 Million | CA$8.91 Billion | ▲ +246.6% |
| 2003 | 0.01x | CA$139.00 Million | CA$11.06 Billion | ▲ +228.3% |
| 2002 | -0.01x | CA$-95.00 Million | CA$9.70 Billion | ▲ +90.7% |
| 2001 | -0.11x | CA$-1.07 Billion | CA$10.20 Billion | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.