Air Canada (AC) - Total Liabilities
Based on the latest financial reports, Air Canada (AC) has total liabilities worth CA$30.37 Billion CAD (≈ $21.97 Billion USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore AC shareholders equity momentum to track the company's year-over-year net asset growth rate.
Air Canada - Total Liabilities Trend (2001–2025)
This chart illustrates how Air Canada's total liabilities have evolved over time, based on quarterly financial data. See free cash flow generation of Air Canada to measure how efficiently the company converts operating cash flow to free cash.
Air Canada Competitors by Total Liabilities
The table below lists competitors of Air Canada ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Floor & Decor Holdings Inc
NYSE:FND
|
USA | $3.12 Billion |
|
LYFT Inc
NASDAQ:LYFT
|
USA | $5.86 Billion |
|
Hangcha Group Co Ltd
SHG:603298
|
China | CN¥7.99 Billion |
|
Fomento de Construcciones y Contratas SA
MC:FCC
|
Spain | €11.06 Billion |
|
Hisense Electric Co Ltd
SHG:600060
|
China | CN¥18.63 Billion |
|
MYR Group Inc
NASDAQ:MYRG
|
USA | $970.61 Million |
|
Youngor Group Co Ltd
SHG:600177
|
China | CN¥27.78 Billion |
|
Warehouses de Pauw Comm VA
BR:WDP
|
Belgium | €4.05 Billion |
Liability Composition Analysis (2001–2025)
This chart breaks down Air Canada's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Air Canada (AC) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.60 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 11.16 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.92 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Air Canada's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Air Canada (2001–2025)
The table below shows the annual total liabilities of Air Canada from 2001 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CA$28.62 Billion ≈ $20.71 Billion |
-0.68% |
| 2024-12-31 | CA$28.82 Billion ≈ $20.85 Billion |
-1.89% |
| 2023-12-31 | CA$29.38 Billion ≈ $21.25 Billion |
-5.43% |
| 2022-12-31 | CA$31.06 Billion ≈ $22.47 Billion |
+1.49% |
| 2021-12-31 | CA$30.61 Billion ≈ $22.14 Billion |
+12.53% |
| 2020-12-31 | CA$27.20 Billion ≈ $19.67 Billion |
+16.43% |
| 2019-12-31 | CA$23.36 Billion ≈ $16.90 Billion |
+54.04% |
| 2018-12-31 | CA$15.16 Billion ≈ $10.97 Billion |
+5.60% |
| 2017-12-31 | CA$14.36 Billion ≈ $10.39 Billion |
+3.35% |
| 2016-12-31 | CA$13.89 Billion ≈ $10.05 Billion |
+6.17% |
| 2015-12-31 | CA$13.09 Billion ≈ $9.47 Billion |
+11.09% |
| 2014-12-31 | CA$11.78 Billion ≈ $8.52 Billion |
+8.41% |
| 2013-12-31 | CA$10.87 Billion ≈ $7.86 Billion |
-10.88% |
| 2012-12-31 | CA$12.19 Billion ≈ $8.82 Billion |
-10.59% |
| 2011-12-31 | CA$13.64 Billion ≈ $9.87 Billion |
+19.21% |
| 2010-12-31 | CA$11.44 Billion ≈ $8.28 Billion |
+30.62% |
| 2009-12-31 | CA$8.76 Billion ≈ $6.34 Billion |
-15.88% |
| 2008-12-31 | CA$10.41 Billion ≈ $7.53 Billion |
+11.17% |
| 2007-12-31 | CA$9.37 Billion ≈ $6.78 Billion |
-1.65% |
| 2006-12-31 | CA$9.52 Billion ≈ $6.89 Billion |
+6.87% |
| 2005-12-31 | CA$8.91 Billion ≈ $6.45 Billion |
-19.47% |
| 2003-12-31 | CA$11.06 Billion ≈ $8.00 Billion |
+14.03% |
| 2002-12-31 | CA$9.70 Billion ≈ $7.02 Billion |
-4.90% |
| 2001-12-31 | CA$10.20 Billion ≈ $7.38 Billion |
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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