TRZBF (Transat AT) Debt-to-EBITDA : 40.28 (As of Apr. 2026) — 1221% Above Median

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TRZBF Transat AT Inc TRZBF
74 GF Score
Price $1.80
GF Value $1.95
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Transat AT Debt-to-EBITDA?

Transat AT TRZBF 74 Debt-to-EBITDA is 40.28 as of Apr. 2026, which is 1221% above its 10-year median of 3.05. GuruFocus rates TRZBF with a GF Score™ of 74/100 and a GF Value™ of $1.95 (Fairly Valued). The stock has 4 warning signs investors should review. Among 656 Travel & Leisure companies, Transat AT ranks better than 53.96% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Transat AT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $123 Mil. Transat AT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $891 Mil. Transat AT's annualized EBITDA for the quarter that ended in Apr. 2026 was $25 Mil. Transat AT's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 40.28.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

TRZBF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.24   Med: 3.05   Max: 8.54
Current: 2.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Transat AT was 8.54. The lowest was -9.24. And the median was 3.05.

TRZBF's Debt-to-EBITDA is ranked better than
53.96% of 656 companies
in the Travel & Leisure industry
Industry Median: 2.41 vs TRZBF: 2.17

Transat AT  (OTCPK:TRZBF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Transat AT Debt-to-EBITDA Related Terms


Transat AT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Transat AT's Debt-to-EBITDA 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.

Transat AT Debt-to-EBITDA Chart

Transat AT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.24 -9.08 6.48 8.54 2.45

Transat AT Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Debt-to-EBITDA 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 6.76 0.78 4.81 6.51 40.28

TRZBF vs BKNG, ABNB, RCL: Debt-to-EBITDA Comparison

For the Travel Services subindustry, Transat AT's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Travel & Leisure Industry

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

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


TRZBF
74GF Score
Transat AT Inc TRZBF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transat AT Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Transat AT's Debt-to-EBITDA for the fiscal year that ended in Oct. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(123.439 + 983.377) / 452.723
=2.44

Transat AT's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(122.702 + 891.094) / 25.168
=40.28

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 40.28 mean?
Transat AT (TRZBF) has a Debt-to-EBITDA of 40.28 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Transat AT. This is 1221% above median its historical median of 3.05. According to the industry distribution chart, Transat AT ranks #302 out of 656 companies in the Travel & Leisure industry, placing it in the top 46%.
Is Transat AT's Debt-to-EBITDA too high?
Transat AT's current Debt-to-EBITDA of 40.28 is 1221% above median its 10-year median of 3.05. The Travel & Leisure industry median Debt-to-EBITDA is 2.41. Transat AT's value of 40.28 is 1571.4% above this industry median. Based on the distribution chart, Transat AT ranks #302 out of 656 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Transat AT has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transat AT's Debt-to-EBITDA compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Transat AT ranks #302 out of 656 companies for Debt-to-EBITDA. This puts Transat AT in the upper half of its industry. The industry median Debt-to-EBITDA is 2.41. Transat AT's value of 40.28 is 1571.4% above this benchmark. While the company's 10-year median is 3.05 vs. the industry median of 2.41, Transat AT has consistently been above 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 Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.41, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transat AT's current Debt-to-EBITDA of 40.28 is 1571.4% above 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Transat AT. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transat AT's current Debt-to-EBITDA is 40.28, which is 1221% above median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transat AT stock overvalued right now?
Based on GuruFocus' analysis, Transat AT (TRZBF) is currently considered Fairly Valued. The stock's GF Value™ is $1.95, compared to a current price of $1.80 — trading 7.7% below its estimated fair value. The current Debt-to-EBITDA is 40.28, which is 1221% above median its 10-year median of 3.05 and 1571.4% above the Travel & Leisure industry median of 2.41. Transat AT's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Transat AT (TRZBF), the current Debt-to-EBITDA is 40.28 as of Apr. 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 Transat AT (TRZBF) Overvalued in 2026?

Based on GuruFocus' analysis, Transat AT stock appears to be undervalued. The current stock price of $1.80 is trading 7.7% below its estimated GF Value™ of $1.95. GuruFocus considers Transat AT to be Fairly Valued.

Key valuation signals for TRZBF:

  • Debt-to-EBITDA: 40.28 (1221% above median its 10-year median of 3.05)
  • GF Value™: $1.95 vs. price of $1.80 (7.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 1571.4% above the Travel & Leisure median (#302 of 656)

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


Transat AT Business Description

Other Exchanges TRZ:Canada
Address 300, Leo-Pariseau, Bureau 600, Montreal, QC, CAN, H2X 4C2
Transat AT 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.
74GF Score

Get the complete analysis for TRZBF

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

$1.80
Price
$1.95
GF Value