Air Canada (AC) - Total Assets
Based on the latest financial reports, Air Canada (AC) holds total assets worth CA$31.21 Billion CAD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Air Canada - Total Assets Trend (2001–2025)
This chart illustrates how Air Canada's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Air Canada - Asset Composition Analysis
Current Asset Composition (December 2025)
Air Canada's total assets of CA$31.21 Billion consist of 25.4% current assets and 74.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$2.79 Billion | 9.0% |
| Accounts Receivable | CA$1.29 Billion | 4.1% |
| Inventory | CA$490.00 Million | 1.6% |
| Property, Plant & Equipment | CA$14.52 Billion | 46.5% |
| Intangible Assets | CA$1.26 Billion | 4.1% |
| Goodwill | CA$3.27 Billion | 10.5% |
Asset Composition Trend (2001–2025)
This chart illustrates how Air Canada's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Air Canada's current assets represent 25.4% of total assets in 2025, a decrease from 25.6% in 2001.
- Cash Position: Cash and equivalents constituted 9.0% of total assets in 2025, down from 12.2% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 5.0% in 2001.
- Asset Diversification: The largest asset category is property, plant & equipment at 46.5% of total assets.
Air Canada Competitors by Total Assets
Key competitors of Air Canada based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Air Lines Co Ltd
KO:003495
|
Korea | ₩50.41 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.35 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$364.82 Billion |
|
STARLUX AIRLINES LTD
TW:2646
|
Taiwan | NT$137.30 Billion |
|
Jin Air Co Ltd
KO:272450
|
Korea | ₩1.20 Trillion |
Air Canada - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.56 | 0.79 | 1.03 |
| Quick Ratio | 0.53 | 0.76 | 1.01 |
| Cash Ratio | 0.20 | 0.22 | 0.00 |
| Working Capital | CA$-6.22 Billion | CA$-2.39 Billion | CA$223.00 Million |
Air Canada - Advanced Valuation Insights
This section examines the relationship between Air Canada's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.11 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | CA$31.21 Billion |
| Market Capitalization | $4.04 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Air Canada's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Air Canada's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Air Canada (2001–2025)
The table below shows the annual total assets of Air Canada from 2001 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$31.21 Billion | +0.02% |
| 2024-12-31 | CA$31.21 Billion | +3.44% |
| 2023-12-31 | CA$30.17 Billion | +2.25% |
| 2022-12-31 | CA$29.51 Billion | -3.62% |
| 2021-12-31 | CA$30.61 Billion | +5.88% |
| 2020-12-31 | CA$28.91 Billion | +4.16% |
| 2019-12-31 | CA$27.76 Billion | +44.60% |
| 2018-12-31 | CA$19.20 Billion | +7.96% |
| 2017-12-31 | CA$17.78 Billion | +17.65% |
| 2016-12-31 | CA$15.11 Billion | +15.14% |
| 2015-12-31 | CA$13.13 Billion | +23.28% |
| 2014-12-31 | CA$10.65 Billion | +12.44% |
| 2013-12-31 | CA$9.47 Billion | +7.04% |
| 2012-12-31 | CA$8.85 Billion | -8.16% |
| 2011-12-31 | CA$9.63 Billion | -5.12% |
| 2010-12-31 | CA$10.15 Billion | -2.43% |
| 2009-12-31 | CA$10.41 Billion | -8.43% |
| 2008-12-31 | CA$11.36 Billion | -5.24% |
| 2007-12-31 | CA$11.99 Billion | +2.08% |
| 2006-12-31 | CA$11.75 Billion | +14.49% |
| 2005-12-31 | CA$10.26 Billion | +48.51% |
| 2003-12-31 | CA$6.91 Billion | -6.82% |
| 2002-12-31 | CA$7.42 Billion | -15.19% |
| 2001-12-31 | CA$8.74 Billion | -- |
About Air Canada
Air Canada provides domestic, U.S. transborder, and international airline services. It provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names 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, 202… Read more