Air CanadaACDVF +0.93%83 Current Ratio is 0.60 as of Mar. 2026, which is 41% below its 10-year median of 1.01. GuruFocus rates ACDVF with a GF Score™ of 83/100 and a GF Value™ of $17.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,010 Transportation companies, Air Canada ranks worse than 89.01% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Air Canada's current ratio for the quarter that ended in Mar. 2026 was 0.60.
Air Canada has a current ratio of 0.60. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Air Canada has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Air Canada's Current Ratio or its related term are showing as below:
ACDVF'
s Current Ratio Range Over the Past 10 Years
Min: 0.56 Med: 1.01 Max: 1.6
Current: 0.6
During the past 13 years, Air Canada's highest Current Ratio was 1.60. The lowest was 0.56. And the median was 1.01.
ACDVF's Current Ratio is ranked worse than 89.01% of 1010
companies
in the Transportation industry
Industry Median: 1.47
vs ACDVF: 0.60
Air Canada (OTCPK:ACDVF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Air Canada Current Ratio Related Terms
Air Canada Current Ratio Historical Data
* Premium members only.
The historical data trend for Air Canada's Current Ratio 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.
For the Airlines subindustry, Air Canada's Current Ratio, along with its competitors' market caps and Current Ratio 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.
Air Canada Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Air Canada's Current Ratio distribution charts can be found below:
* The bar in red indicates where Air Canada's Current Ratio falls into.
* 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.
Air Canada (ACDVF) has a Current Ratio of 0.60 as of Mar. 2026. This is 41% below median its historical median of 1.01. Over the past decade, Air Canada's Current Ratio has ranged from 0.56 to 1.60. According to the industry distribution chart, Air Canada ranks #899 out of 1010 companies in the Transportation industry, placing it in the top 89%.
Is Air Canada's Current Ratio too high?
Air Canada's current Current Ratio of 0.60 is 41% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.60. The Transportation industry median Current Ratio is 1.47. Air Canada's value of 0.60 is 59.2% below this industry median. Based on the distribution chart, Air Canada ranks #899 out of 1010 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air Canada has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Current Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Canada ranks #899 out of 1010 companies for Current Ratio. This places Air Canada in the lower half of its industry. The industry median Current Ratio is 1.47. Air Canada's value of 0.60 is 59.2% below this benchmark. Historically, Air Canada's own Current Ratio has ranged from 0.56 to 1.60 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.47, Air Canada has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Canada's current Current Ratio of 0.60 is 59.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Canada's current Current Ratio is 0.60, which is 41% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (ACDVF) is currently considered Fairly Valued. The stock's GF Value™ is $17.27, compared to a current price of $17.39 — trading 0.7% above its estimated fair value. The current Current Ratio is 0.60, which is 41% below median its 10-year median of 1.01 and 59.2% below the Transportation industry median of 1.47. Air Canada's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Air Canada (ACDVF), the current Current Ratio is 0.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air Canada (ACDVF) Overvalued in 2026?
Based on GuruFocus' analysis, Air Canada stock appears to be overvalued.
The current stock price of $17.39 is trading 0.7% above its estimated GF Value™ of $17.27.
GuruFocus considers Air Canada to be Fairly Valued.
Key valuation signals for ACDVF:
Current Ratio: 0.60 (41% below median its 10-year median of 1.01)
GF Value™: $17.27 vs. price of $17.39 (0.7% above fair value)
Industry Position: 59.2% below the Transportation median (#899 of 1010)
No single metric tells the full story. See the ACDVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
83GF Score
Get the complete analysis for ACDVF
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ACDVF has been successfully added to your 
