Transat AT Inc (TRZ) — Working Capital to Net Assets Ratio
Transat AT Inc (TRZ) has a Working Capital to Net Assets ratio of 78.4% as of January 2026. Working capital of CA$-528.43 Million (current assets of CA$1.32 Billion minus current liabilities of CA$1.85 Billion) is measured against net assets of CA$-674.33 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TRZ defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Transat AT Inc Working Capital to Net Assets (1993–2025)
This chart shows how Transat AT Inc's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of January 2026, the ratio stands at 78.4%, reflecting working capital of CA$-528.43 Million against net assets of CA$-674.33 Million CAD. For the complete balance sheet picture, see balance sheet size of Transat AT Inc.
Annual Working Capital to Net Assets for Transat AT Inc (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Transat AT Inc from 1993 to 2025, covering 33 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check TRZ financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 66.5% | CA$-428.67 Million | CA$-645.05 Million | CA$979.78 Million | CA$1.41 Billion | ▲ +37.1 pp |
| 2024 | 29.4% | CA$-261.12 Million | CA$-889.08 Million | CA$1.09 Billion | CA$1.35 Billion | ▲ +22.0 pp |
| 2023 | 7.4% | CA$-57.73 Million | CA$-779.04 Million | CA$1.21 Billion | CA$1.26 Billion | ▲ +4.5 pp |
| 2022 | 2.9% | CA$-21.74 Million | CA$-750.18 Million | CA$1.03 Billion | CA$1.05 Billion | ▲ +31.4 pp |
| 2021 | -28.5% | CA$89.69 Million | CA$-315.11 Million | CA$719.86 Million | CA$630.17 Million | ▲ +217.6 pp |
| 2020 | -246.1% | CA$-163.19 Million | CA$66.31 Million | CA$851.15 Million | CA$1.01 Billion | ▼ -285.2 pp |
| 2019 | 39.1% | CA$208.94 Million | CA$534.78 Million | CA$1.13 Billion | CA$918.62 Million | ▼ -13.6 pp |
| 2018 | 52.7% | CA$315.87 Million | CA$599.37 Million | CA$1.15 Billion | CA$835.85 Million | ▼ -14.2 pp |
| 2017 | 66.9% | CA$386.56 Million | CA$577.87 Million | CA$1.14 Billion | CA$750.94 Million | ▲ +25.4 pp |
| 2016 | 41.5% | CA$192.55 Million | CA$464.39 Million | CA$887.95 Million | CA$695.41 Million | ▲ +26.5 pp |
| 2015 | 15.0% | CA$80.44 Million | CA$537.25 Million | CA$967.62 Million | CA$887.18 Million | ▼ -4.9 pp |
| 2014 | 19.9% | CA$96.03 Million | CA$482.95 Million | CA$896.20 Million | CA$800.17 Million | ▲ +1.5 pp |
| 2013 | 18.4% | CA$81.07 Million | CA$441.39 Million | CA$853.53 Million | CA$772.46 Million | ▲ +18.7 pp |
| 2012 | -0.3% | CA$-1.21 Million | CA$369.13 Million | CA$717.69 Million | CA$718.90 Million | ▼ -5.6 pp |
| 2011 | 5.3% | CA$22.80 Million | CA$432.62 Million | CA$742.53 Million | CA$719.73 Million | ▼ -9.4 pp |
| 2010 | 14.6% | CA$64.27 Million | CA$439.07 Million | CA$729.22 Million | CA$664.95 Million | ▲ +5.1 pp |
| 2009 | 9.5% | CA$34.96 Million | CA$367.36 Million | CA$645.71 Million | CA$610.75 Million | ▲ +2.5 pp |
| 2008 | 7.1% | CA$24.16 Million | CA$341.99 Million | CA$746.82 Million | CA$722.65 Million | ▼ -18.2 pp |
| 2007 | 25.3% | CA$71.51 Million | CA$282.87 Million | CA$737.71 Million | CA$666.20 Million | ▼ -7.7 pp |
| 2006 | 33.0% | CA$97.56 Million | CA$295.96 Million | CA$589.72 Million | CA$492.16 Million | ▼ -24.5 pp |
| 2005 | 57.4% | CA$225.81 Million | CA$393.12 Million | CA$622.80 Million | CA$396.99 Million | ▼ -3.1 pp |
| 2004 | 60.5% | CA$204.25 Million | CA$337.56 Million | CA$614.50 Million | CA$410.25 Million | ▲ +5.7 pp |
| 2003 | 54.8% | CA$144.48 Million | CA$263.82 Million | CA$495.27 Million | CA$350.80 Million | ▲ +35.0 pp |
| 2002 | 19.8% | CA$41.78 Million | CA$211.28 Million | CA$470.59 Million | CA$428.81 Million | ▲ +45.2 pp |
| 2001 | -25.5% | CA$-37.62 Million | CA$147.80 Million | CA$292.53 Million | CA$330.15 Million | ▼ -19.7 pp |
| 2000 | -5.8% | CA$-13.40 Million | CA$232.46 Million | CA$304.12 Million | CA$317.52 Million | ▼ -33.7 pp |
| 1999 | 27.9% | CA$57.04 Million | CA$204.15 Million | CA$302.34 Million | CA$245.31 Million | ▲ +1.7 pp |
| 1998 | 26.3% | CA$47.96 Million | CA$182.67 Million | CA$260.77 Million | CA$212.82 Million | ▲ +6.0 pp |
| 1997 | 20.2% | CA$33.28 Million | CA$164.42 Million | CA$226.87 Million | CA$193.59 Million | ▲ +177.8 pp |
| 1996 | -157.6% | CA$-83.52 Million | CA$52.99 Million | CA$122.51 Million | CA$206.03 Million | ▼ -94.9 pp |
| 1995 | -62.7% | CA$-22.50 Million | CA$35.90 Million | CA$65.60 Million | CA$88.10 Million | ▼ -8.7 pp |
| 1994 | -54.0% | CA$-21.50 Million | CA$39.80 Million | CA$55.80 Million | CA$77.30 Million | ▲ +14.7 pp |
| 1993 | -68.7% | CA$-22.60 Million | CA$32.90 Million | CA$55.00 Million | CA$77.60 Million | — |