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Transat AT (Transat AT) Equity-to-Asset : -0.30 (As of Jan. 2024)


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What is Transat AT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Transat AT's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-626 Mil. Transat AT's Total Assets for the quarter that ended in Jan. 2024 was $2,076 Mil. Therefore, Transat AT's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -0.30.

The historical rank and industry rank for Transat AT's Equity-to-Asset or its related term are showing as below:

TRZBF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.33   Med: 0.27   Max: 0.4
Current: -0.3

During the past 13 years, the highest Equity to Asset Ratio of Transat AT was 0.40. The lowest was -0.33. And the median was 0.27.

TRZBF's Equity-to-Asset is ranked worse than
95.49% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs TRZBF: -0.30

Transat AT Equity-to-Asset Historical Data

The historical data trend for Transat AT's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Transat AT Equity-to-Asset Chart

Transat AT Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.03 -0.17 -0.33 -0.30

Transat AT Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -0.33 -0.30 -0.30 -0.30

Competitive Comparison of Transat AT's Equity-to-Asset

For the Travel Services subindustry, Transat AT's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Transat AT's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Transat AT's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Transat AT's Equity-to-Asset falls into.



Transat AT Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Transat AT's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=-568.144/1873.811
=-0.30

Transat AT's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-625.925/2075.625
=-0.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Transat AT  (OTCPK:TRZBF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Transat AT Equity-to-Asset Related Terms

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Transat AT (Transat AT) Business Description

Traded in Other Exchanges
Address
300 Leo-Pariseau Street, Suite 600, Montreal, QC, CAN, H2X 4C2
Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.

Transat AT (Transat AT) Headlines