TRZBF (Transat AT) Interest Coverage: 0 (At Loss) (As of Apr. 2026)


TRZBF Transat AT Inc TRZBF
77 GF Score
Price $1.79
GF Value $1.94
Valuation Fairly Valued
! 4 Warning Signs
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What is Transat AT Interest Coverage?

Transat AT TRZBF 77 Interest Coverage is 0 (At Loss) as of Apr. 2026. GuruFocus rates TRZBF with a GF Score™ of 77/100 and a GF Value™ of $1.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 611 Travel & Leisure companies, Transat AT ranks worse than 163665.96% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Transat AT's Operating Income for the three months ended in Apr. 2026 was $-58 Mil. Transat AT's Interest Expense for the three months ended in Apr. 2026 was $-16 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Transat AT's Interest Coverage or its related term are showing as below:


TRZBF's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.35
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Transat AT  (OTCPK:TRZBF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Transat AT Interest Coverage Related Terms


Transat AT Interest Coverage Historical Data

* Premium members only.

The historical data trend for Transat AT's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Transat AT Interest Coverage Chart

Transat AT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.70 0.00 0.12

Transat AT Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Interest Coverage 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 1.04 0.73 0.07 0.00 0.00

TRZBF vs BKNG, ABNB, RCL: Interest Coverage Comparison

For the Travel Services subindustry, Transat AT's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Transat AT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Transat AT's Interest Coverage falls into.


TRZBF
77GF Score
Transat AT Inc TRZBF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Transat AT Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Transat AT's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, Transat AT's Interest Expense was $-94 Mil. Its Operating Income was $11 Mil. And its Long-Term Debt & Capital Lease Obligation was $983 Mil.

Interest Coverage=-1* Operating Income (A: Oct. 2025 )/Interest Expense (A: Oct. 2025 )
=-1*11.057/-94.443
=0.12

Transat AT's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Transat AT's Interest Expense was $-16 Mil. Its Operating Income was $-58 Mil. And its Long-Term Debt & Capital Lease Obligation was $891 Mil.

Transat AT did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Transat AT (TRZBF) has a Interest Coverage of 0 (At Loss) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Transat AT and its competitors. According to the industry distribution chart, Transat AT ranks #999999 out of 611 companies in the Travel & Leisure industry.
Is Transat AT's Interest Coverage too high?
Transat AT's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Transat AT ranks #999999 out of 611 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Transat AT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transat AT's Interest Coverage compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Transat AT ranks #999999 out of 611 companies for Interest Coverage. This places Transat AT in the lower half of its industry. The industry median Interest Coverage is 5.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Transat AT and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transat AT's current Interest Coverage is 0 (At Loss). 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 $1.94, compared to a current price of $1.79 — trading 7.8% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Transat AT's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Transat AT (TRZBF), the current Interest Coverage is 0 (At Loss) 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 $1.79 is trading 7.8% below its estimated GF Value™ of $1.94. GuruFocus considers Transat AT to be Fairly Valued.

Key valuation signals for TRZBF:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $1.94 vs. price of $1.79 (7.8% below fair value)
  • GF Score™: 77/100 with 4 warning signs

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.
77GF Score

Get the complete analysis for TRZBF

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

$1.79
Price
$1.94
GF Value