Air Canada Net Asset Quality Index
Air Canada net asset quality index. Air Canada (AC) has a Net Asset Quality Index of 8.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$33.09 Billion minus total liabilities of CA$30.37 Billion yields net assets of CA$2.72 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Air Canada shareholders equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Air Canada (2001–2025)
Net asset quality index of Air Canada from 2001 to 2025. This chart shows how Air Canada's Net Asset Quality Index has evolved across 24 annual periods from 2001 to 2025. As of March 2026, the index stands at 8.2%, representing net assets of CA$2.72 Billion against total assets of CA$33.09 Billion CAD. Check strategic asset allocation of Air Canada to assess the company's strategic physical and investment asset allocation.
Air Canada Net Asset Quality Index by Year (2001–2025)
Air Canada net asset quality index by year from 2001 to 2025. The table below presents the year-by-year Net Asset Quality Index for Air Canada from 2001 to 2025, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market value of Air Canada.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 8.3% | CA$2.59 Billion | CA$31.21 Billion | CA$28.62 Billion | ▲ +0.6 pp |
| 2024 | 7.7% | CA$2.39 Billion | CA$31.21 Billion | CA$28.82 Billion | ▲ +5.0 pp |
| 2023 | 2.6% | CA$796.00 Million | CA$30.17 Billion | CA$29.38 Billion | ▲ +7.9 pp |
| 2022 | -5.3% | CA$-1.55 Billion | CA$29.51 Billion | CA$31.06 Billion | ▼ -5.3 pp |
| 2021 | 0.0% | CA$9.00 Million | CA$30.61 Billion | CA$30.61 Billion | ▼ -5.9 pp |
| 2020 | 5.9% | CA$1.72 Billion | CA$28.91 Billion | CA$27.20 Billion | ▼ -9.9 pp |
| 2019 | 15.9% | CA$4.40 Billion | CA$27.76 Billion | CA$23.36 Billion | ▼ -5.2 pp |
| 2018 | 21.0% | CA$4.03 Billion | CA$19.20 Billion | CA$15.16 Billion | ▲ +1.8 pp |
| 2017 | 19.2% | CA$3.42 Billion | CA$17.78 Billion | CA$14.36 Billion | ▲ +11.2 pp |
| 2016 | 8.1% | CA$1.22 Billion | CA$15.11 Billion | CA$13.89 Billion | ▲ +7.8 pp |
| 2015 | 0.3% | CA$40.00 Million | CA$13.13 Billion | CA$13.09 Billion | ▲ +10.9 pp |
| 2014 | -10.6% | CA$-1.13 Billion | CA$10.65 Billion | CA$11.78 Billion | ▲ +4.1 pp |
| 2013 | -14.8% | CA$-1.40 Billion | CA$9.47 Billion | CA$10.87 Billion | ▲ +23.1 pp |
| 2012 | -37.8% | CA$-3.35 Billion | CA$8.85 Billion | CA$12.19 Billion | ▲ +3.8 pp |
| 2011 | -41.6% | CA$-4.01 Billion | CA$9.63 Billion | CA$13.64 Billion | ▼ -28.9 pp |
| 2010 | -12.7% | CA$-1.29 Billion | CA$10.15 Billion | CA$11.44 Billion | ▼ -28.5 pp |
| 2009 | 15.8% | CA$1.65 Billion | CA$10.41 Billion | CA$8.76 Billion | ▲ +7.5 pp |
| 2008 | 8.4% | CA$952.00 Million | CA$11.36 Billion | CA$10.41 Billion | ▼ -13.5 pp |
| 2007 | 21.9% | CA$2.63 Billion | CA$11.99 Billion | CA$9.37 Billion | ▲ +3.0 pp |
| 2006 | 18.9% | CA$2.23 Billion | CA$11.75 Billion | CA$9.52 Billion | ▲ +5.8 pp |
| 2005 | 13.2% | CA$1.35 Billion | CA$10.26 Billion | CA$8.91 Billion | ▲ +73.3 pp |
| 2003 | -60.1% | CA$-4.16 Billion | CA$6.91 Billion | CA$11.06 Billion | ▼ -29.3 pp |
| 2002 | -30.9% | CA$-2.29 Billion | CA$7.42 Billion | CA$9.70 Billion | ▼ -14.2 pp |
| 2001 | -16.7% | CA$-1.46 Billion | CA$8.74 Billion | CA$10.20 Billion | — |