Transat AT Inc (TRZ) - Net Assets
Based on the latest financial reports, Transat AT Inc (TRZ) has net assets worth CA$-645.05 Million CAD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.57 Billion) and total liabilities (CA$3.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-645.05 Million |
| % of Total Assets | -25.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -238.9% |
| Growth Volatility | 118.34 |
Transat AT Inc - Net Assets Trend (1993–2025)
This chart illustrates how Transat AT Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Transat AT Inc (1993–2025)
The table below shows the annual net assets of Transat AT Inc from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$-645.05 Million | +27.45% |
| 2024-10-31 | CA$-889.08 Million | -14.12% |
| 2023-10-31 | CA$-779.04 Million | -3.85% |
| 2022-10-31 | CA$-750.18 Million | -138.07% |
| 2021-10-31 | CA$-315.11 Million | -575.23% |
| 2020-10-31 | CA$66.31 Million | -87.60% |
| 2019-10-31 | CA$534.78 Million | -10.78% |
| 2018-10-31 | CA$599.37 Million | +3.72% |
| 2017-10-31 | CA$577.87 Million | +24.44% |
| 2016-10-31 | CA$464.39 Million | -13.56% |
| 2015-10-31 | CA$537.25 Million | +11.24% |
| 2014-10-31 | CA$482.95 Million | +9.41% |
| 2013-10-31 | CA$441.39 Million | +19.58% |
| 2012-10-31 | CA$369.13 Million | -14.68% |
| 2011-10-31 | CA$432.62 Million | -1.47% |
| 2010-10-31 | CA$439.07 Million | +19.52% |
| 2009-10-31 | CA$367.36 Million | +7.42% |
| 2008-10-31 | CA$341.99 Million | +20.90% |
| 2007-10-31 | CA$282.87 Million | -4.42% |
| 2006-10-31 | CA$295.96 Million | -24.71% |
| 2005-10-31 | CA$393.12 Million | +16.46% |
| 2004-10-31 | CA$337.56 Million | +27.95% |
| 2003-10-31 | CA$263.82 Million | +24.87% |
| 2002-10-31 | CA$211.28 Million | +42.95% |
| 2001-10-31 | CA$147.80 Million | -36.42% |
| 2000-10-31 | CA$232.46 Million | +13.87% |
| 1999-10-31 | CA$204.15 Million | +11.76% |
| 1998-10-31 | CA$182.67 Million | +11.10% |
| 1997-10-31 | CA$164.42 Million | +210.26% |
| 1996-10-31 | CA$52.99 Million | +47.62% |
| 1995-10-31 | CA$35.90 Million | -9.80% |
| 1994-10-31 | CA$39.80 Million | +20.97% |
| 1993-10-31 | CA$32.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transat AT Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 87676600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$227.37 Million | % |
| Other Comprehensive Income | CA$8.75 Million | % |
| Total Equity | CA$-645.05 Million | 100.00% |
Transat AT Inc Competitors by Market Cap
The table below lists competitors of Transat AT Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Surf Air Mobility Inc.
NYSE:SRFM
|
$85.98 Million |
|
Malaysian Bulk Carriers Bhd
KLSE:5077
|
$85.98 Million |
|
Delfingen
PA:ALDEL
|
$86.06 Million |
|
Abcourt Mines Inc.
V:ABI
|
$86.06 Million |
|
G-Able PCL
BK:GABLE
|
$85.97 Million |
|
Dawushan Farm Tech Co Ltd
TW:6952
|
$85.93 Million |
|
MOH Nippon Plc
F:4HS
|
$85.90 Million |
|
Austin Engineering Ltd
AU:ANG
|
$85.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transat AT Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -889,076,000 to -645,055,000, a change of 244,021,000.
- Net income of 241,916,000 contributed positively to equity growth.
- Share repurchases of 16,265,000 reduced equity.
- New share issuances of 1,927,000 increased equity.
- Other comprehensive income increased equity by 16,430,000.
- Other factors increased equity by 13,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$241.92 Million | +37.5% |
| Share Repurchases | CA$16.27 Million | -2.52% |
| Share Issuances | CA$1.93 Million | +0.3% |
| Other Comprehensive Income | CA$16.43 Million | +2.55% |
| Other Changes | CA$13.00K | +0.0% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Transat AT Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-10-31 | CA$1.46 | CA$2.93 | x |
| 1994-10-31 | CA$1.74 | CA$2.93 | x |
| 1995-10-31 | CA$1.27 | CA$2.93 | x |
| 1996-10-31 | CA$6.42 | CA$2.93 | x |
| 1997-10-31 | CA$4.83 | CA$2.93 | x |
| 1998-10-31 | CA$5.18 | CA$2.93 | x |
| 1999-10-31 | CA$5.85 | CA$2.93 | x |
| 2000-10-31 | CA$7.17 | CA$2.93 | x |
| 2001-10-31 | CA$4.21 | CA$2.93 | x |
| 2002-10-31 | CA$6.02 | CA$2.93 | x |
| 2003-10-31 | CA$6.83 | CA$2.93 | x |
| 2004-10-31 | CA$7.63 | CA$2.93 | x |
| 2005-10-31 | CA$8.69 | CA$2.93 | x |
| 2006-10-31 | CA$8.32 | CA$2.93 | x |
| 2007-10-31 | CA$8.27 | CA$2.93 | x |
| 2008-10-31 | CA$10.33 | CA$2.93 | x |
| 2009-10-31 | CA$10.97 | CA$2.93 | x |
| 2010-10-31 | CA$11.56 | CA$2.93 | x |
| 2011-10-31 | CA$11.18 | CA$2.93 | x |
| 2012-10-31 | CA$9.60 | CA$2.93 | x |
| 2013-10-31 | CA$11.47 | CA$2.93 | x |
| 2014-10-31 | CA$12.37 | CA$2.93 | x |
| 2015-10-31 | CA$13.93 | CA$2.93 | x |
| 2016-10-31 | CA$12.59 | CA$2.93 | x |
| 2017-10-31 | CA$15.60 | CA$2.93 | x |
| 2018-10-31 | CA$15.96 | CA$2.93 | x |
| 2019-10-31 | CA$14.20 | CA$2.93 | x |
| 2020-10-31 | CA$1.76 | CA$2.93 | x |
| 2021-10-31 | CA$-8.35 | CA$2.93 | x |
| 2022-10-31 | CA$-19.83 | CA$2.93 | x |
| 2023-10-31 | CA$-20.35 | CA$2.93 | x |
| 2024-10-31 | CA$-22.89 | CA$2.93 | x |
| 2025-10-31 | CA$-15.49 | CA$2.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transat AT Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.12%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-14.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 1.52% | 0.11% | 2.54x | 5.33x | CA$-2.79 Million |
| 1994 | 14.29% | 1.07% | 2.96x | 4.50x | CA$1.68 Million |
| 1995 | 65.50% | 3.06% | 3.21x | 6.66x | CA$14.32 Million |
| 1996 | 41.89% | 2.85% | 2.52x | 5.83x | CA$16.90 Million |
| 1997 | 15.43% | 1.93% | 2.82x | 2.84x | CA$8.92 Million |
| 1998 | 10.80% | 1.39% | 2.86x | 2.72x | CA$1.46 Million |
| 1999 | 14.71% | 1.85% | 2.98x | 2.67x | CA$9.61 Million |
| 2000 | 15.76% | 1.91% | 2.81x | 2.94x | CA$13.39 Million |
| 2001 | -72.84% | -4.66% | 3.45x | 4.52x | CA$-112.55 Million |
| 2002 | 3.99% | 0.37% | 2.69x | 3.97x | CA$-11.75 Million |
| 2003 | 18.62% | 2.14% | 2.93x | 2.96x | CA$20.80 Million |
| 2004 | 23.11% | 3.29% | 2.62x | 2.67x | CA$41.10 Million |
| 2005 | 15.30% | 2.34% | 2.49x | 2.62x | CA$19.19 Million |
| 2006 | 22.22% | 2.53% | 2.71x | 3.24x | CA$36.17 Million |
| 2007 | 28.45% | 2.64% | 2.78x | 3.88x | CA$52.19 Million |
| 2008 | -14.62% | -1.42% | 2.78x | 3.70x | CA$-84.21 Million |
| 2009 | 16.84% | 1.74% | 3.14x | 3.07x | CA$25.11 Million |
| 2010 | 14.94% | 1.88% | 2.94x | 2.71x | CA$21.70 Million |
| 2011 | -2.88% | -0.33% | 2.99x | 2.88x | CA$-54.61 Million |
| 2012 | -4.55% | -0.45% | 3.19x | 3.18x | CA$-53.30 Million |
| 2013 | 13.13% | 1.59% | 2.83x | 2.92x | CA$13.82 Million |
| 2014 | 4.74% | 0.61% | 2.73x | 2.85x | CA$-25.42 Million |
| 2015 | 7.92% | 1.19% | 2.36x | 2.82x | CA$-11.16 Million |
| 2016 | -8.99% | -1.44% | 2.26x | 2.75x | CA$-88.19 Million |
| 2017 | 23.24% | 4.47% | 2.07x | 2.51x | CA$76.52 Million |
| 2018 | 0.64% | 0.13% | 1.92x | 2.60x | CA$-56.12 Million |
| 2019 | -5.71% | -1.04% | 1.85x | 2.96x | CA$-84.02 Million |
| 2020 | -749.19% | -38.15% | 0.65x | 30.41x | CA$-503.40 Million |
| 2021 | 0.00% | -312.00% | 0.07x | 0.00x | CA$-357.93 Million |
| 2022 | 0.00% | -27.12% | 0.72x | 0.00x | CA$-370.31 Million |
| 2023 | 0.00% | -0.83% | 1.19x | 0.00x | CA$52.61 Million |
| 2024 | 0.00% | -3.47% | 1.19x | 0.00x | CA$-25.12 Million |
| 2025 | 0.00% | 7.12% | 1.32x | 0.00x | CA$306.42 Million |
Industry Comparison
This section compares Transat AT Inc's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $-7,508,907
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transat AT Inc (TRZ) | CA$-645.05 Million | 1.52% | N/A | $85.97 Million |
| ZoomAway Travel Inc (ZMA) | $-7.51 Million | 0.00% | 0.00x | $826.95K |
About Transat AT Inc
Transat A.T. Inc., together with its subsidiaries, engages in the leisure travel business in the Americas and the Transatlantic. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also provides passenger air transportation services under the Air Transat brand; outgoing tours; and destination services, including hospitality and r… Read more