Chorus Aviation (TSX:CHR) Current Ratio: 1.38 (As of Mar. 2026) — 66% Above Median


TSX:CHR Chorus Aviation Inc TSX:CHR
79 GF Score
Price C$24.56
GF Value C$20.35
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Chorus Aviation Current Ratio?

Chorus Aviation TSX:CHR -0.77% 79 Current Ratio is 1.38 as of Mar. 2026, which is 66% above its 10-year median of 0.83. GuruFocus rates TSX:CHR with a GF Score™ of 79/100 and a GF Value™ of C$20.35 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,010 Transportation companies, Chorus Aviation ranks worse than 54.55% 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. Chorus Aviation's current ratio for the quarter that ended in Mar. 2026 was 1.38.

Chorus Aviation has a current ratio of 1.38. It generally indicates good short-term financial strength.

The historical rank and industry rank for Chorus Aviation's Current Ratio or its related term are showing as below:

TSX:CHR' s Current Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.83   Max: 1.45
Current: 1.38

During the past 13 years, Chorus Aviation's highest Current Ratio was 1.45. The lowest was 0.53. And the median was 0.83.

TSX:CHR's Current Ratio is ranked worse than
54.55% of 1010 companies
in the Transportation industry
Industry Median: 1.47 vs TSX:CHR: 1.38

Chorus Aviation  (TSX:CHR) 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.


Chorus Aviation Current Ratio Related Terms


Chorus Aviation Current Ratio Historical Data

* Premium members only.

The historical data trend for Chorus Aviation'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.

Chorus Aviation Current Ratio Chart

Chorus Aviation Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.69 0.78 0.95 1.30

Chorus Aviation Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 1.22 1.14 1.22 1.30 1.38

TSX:CHR vs JOBY: Current Ratio Comparison

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Chorus Aviation's Current Ratio distribution charts can be found below:

* The bar in red indicates where Chorus Aviation's Current Ratio falls into.


TSX:CHR
79GF Score
Chorus Aviation Inc TSX:CHR
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chorus Aviation Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Chorus Aviation's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=336.751/258.818
=1.30

Chorus Aviation's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=373.707/270.978
=1.38

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.38 mean?
Chorus Aviation (TSX:CHR) has a Current Ratio of 1.38 as of Mar. 2026. This is 66% above median its historical median of 0.83. Over the past decade, Chorus Aviation's Current Ratio has ranged from 0.53 to 1.45. According to the industry distribution chart, Chorus Aviation ranks #551 out of 1010 companies in the Transportation industry, placing it in the top 54.6%.
Is Chorus Aviation's Current Ratio too high?
Chorus Aviation's current Current Ratio of 1.38 is 66% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.45. The Transportation industry median Current Ratio is 1.47. Chorus Aviation's value of 1.38 is 6.1% below this industry median. Based on the distribution chart, Chorus Aviation ranks #551 out of 1010 companies in the Transportation industry, which is below the industry midpoint. Overall, Chorus Aviation has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chorus Aviation's Current Ratio compare to JOBY?
According to the Transportation industry distribution chart, Chorus Aviation ranks #551 out of 1010 companies for Current Ratio. This places Chorus Aviation in the lower half of its industry. The industry median Current Ratio is 1.47. Chorus Aviation's value of 1.38 is 6.1% below this benchmark. Historically, Chorus Aviation's own Current Ratio has ranged from 0.53 to 1.45 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.47, Chorus Aviation 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. Chorus Aviation's current Current Ratio of 1.38 is 6.1% 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. Chorus Aviation's current Current Ratio is 1.38, which is 66% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chorus Aviation stock overvalued right now?
Based on GuruFocus' analysis, Chorus Aviation (TSX:CHR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$20.35, compared to a current price of C$24.56 — trading 20.7% above its estimated fair value. The current Current Ratio is 1.38, which is 66% above median its 10-year median of 0.83 and 6.1% below the Transportation industry median of 1.47. Chorus Aviation's overall GF Score™ is 79/100 with 9 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 Chorus Aviation (TSX:CHR), the current Current Ratio is 1.38 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 Chorus Aviation (TSX:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued. The current stock price of C$24.56 is trading 20.7% above its estimated GF Value™ of C$20.35. GuruFocus considers Chorus Aviation to be Modestly Overvalued.

Key valuation signals for TSX:CHR:

  • Current Ratio: 1.38 (66% above median its 10-year median of 0.83)
  • GF Value™: C$20.35 vs. price of C$24.56 (20.7% above fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 6.1% below the Transportation median (#551 of 1010)

No single metric tells the full story. See the TSX:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chorus Aviation Business Description

Other Exchanges CHRRF:USA1H00:Germany
Address 3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions.
79GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$24.56
Price
C$20.35
GF Value