Transat AT Inc (TRZ) — Financial Flexibility Index

Latest as of January 2026: 0.09x

Transat AT Inc (TRZ) has a Financial Flexibility Index of 0.09x as of January 2026. Free cash flow of CA$310.05 Million (operating CF CA$296.40 Million minus capex CA$13.65 Million) represents 0% of total liabilities (CA$3.54 Billion). Check TRZ cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$310.05 Million
Operating CF − Capex

Total Liabilities

CA$3.54 Billion
CAD

Capital Expenditures

CA$13.65 Million
CAD

Transat AT Inc Financial Flexibility Index (1993–2025)

Historical Financial Flexibility Index trend for Transat AT Inc across 33 annual periods. For the full cash flow conversion analysis, see TRZ cash generation efficiency.

Annual Financial Flexibility Index for Transat AT Inc (1993–2025)

Year-by-year free cash flow to debt coverage for Transat AT Inc. Explore TRZ debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.08x CA$254.83 Million CA$156.97 Million CA$3.22 Billion ▲ +23.5%
2024 0.06x CA$233.24 Million CA$94.67 Million CA$3.64 Billion ▼ -43.4%
2023 0.11x CA$379.32 Million CA$321.75 Million CA$3.35 Billion ▲ +335.5%
2022 -0.05x CA$-145.32 Million CA$-177.85 Million CA$3.02 Billion ▲ +79.2%
2021 -0.23x CA$-512.85 Million CA$-518.44 Million CA$2.21 Billion ▼ -3056.2%
2020 0.01x CA$15.29 Million CA$-46.14 Million CA$1.95 Billion ▼ -94.7%
2019 0.15x CA$156.35 Million CA$64.08 Million CA$1.05 Billion ▼ -23.9%
2018 0.20x CA$187.86 Million CA$68.80 Million CA$960.49 Million ▼ -25.9%
2017 0.26x CA$231.01 Million CA$161.49 Million CA$875.35 Million ▲ +87.7%
2016 0.14x CA$114.31 Million CA$43.56 Million CA$813.03 Million ▼ -10.4%
2015 0.16x CA$153.29 Million CA$94.00 Million CA$976.51 Million ▼ -18.2%
2014 0.19x CA$171.22 Million CA$106.24 Million CA$892.08 Million ▼ -8.7%
2013 0.21x CA$178.50 Million CA$123.04 Million CA$848.68 Million ▲ +127.2%
2012 0.09x CA$73.51 Million CA$8.87 Million CA$794.17 Million ▼ -49.6%
2011 0.18x CA$144.87 Million CA$90.67 Million CA$789.34 Million ▼ -7.0%
2010 0.20x CA$148.13 Million CA$119.13 Million CA$750.39 Million ▲ +102.9%
2009 0.10x CA$74.13 Million CA$45.23 Million CA$762.14 Million ▼ -59.2%
2008 0.24x CA$220.13 Million CA$155.22 Million CA$923.44 Million ▲ +19.9%
2007 0.20x CA$161.90 Million CA$121.83 Million CA$814.64 Million ▼ -2.8%
2006 0.20x CA$135.65 Million CA$113.28 Million CA$663.23 Million ▲ +25.1%
2005 0.16x CA$91.00 Million CA$63.78 Million CA$556.42 Million ▼ -60.2%
2004 0.41x CA$206.00 Million CA$185.10 Million CA$500.82 Million ▲ +120.3%
2003 0.19x CA$84.21 Million CA$71.70 Million CA$450.94 Million ▼ -54.4%
2002 0.41x CA$230.70 Million CA$184.01 Million CA$563.80 Million ▲ +96.0%
2001 0.21x CA$97.39 Million CA$-12.00 Million CA$466.57 Million ▼ -44.5%
2000 0.38x CA$169.75 Million CA$52.59 Million CA$451.65 Million ▲ +17.4%
1999 0.32x CA$109.22 Million CA$88.91 Million CA$341.20 Million ▲ +19.1%
1998 0.27x CA$84.36 Million CA$35.80 Million CA$313.90 Million ▼ -35.6%
1997 0.42x CA$126.45 Million CA$24.60 Million CA$303.06 Million ▲ +39.6%
1996 0.30x CA$76.49 Million CA$27.40 Million CA$255.93 Million ▼ -3.8%
1995 0.31x CA$42.20 Million CA$35.10 Million CA$135.90 Million ▲ +44.4%
1994 0.22x CA$29.40 Million CA$18.00 Million CA$136.70 Million ▼ -67.4%
1993 0.66x CA$94.00 Million CA$17.40 Million CA$142.40 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities