TRZBF (Transat AT) LT-Debt-to-Total-Asset : 0.66 (As of Jan. 2025)

View and export this data going back to 2014. Start your Free Trial

What is Transat AT LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Transat AT's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.66.

Transat AT's long-term debt to total assets ratio increased from Jan. 2024 (0.59) to Jan. 2025 (0.66). It may suggest that Transat AT is progressively becoming more dependent on debt to grow their business.

Transat AT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Transat AT's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Transat AT Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.38

0.66

0.71

0.68

0.72

Transat AT Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.59	0.64	0.69	0.72	0.66

Transat AT LT-Debt-to-Total-Asset Calculation

Transat AT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	1432.796	/	1999.644
	=	0.72

Transat AT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	1392.959	/	2097.591
	=	0.66

Transat AT (OTCPK:TRZBF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Transat AT LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Transat AT's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Transat AT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Transat AT Inc (OTCPK:TRZBF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1TJ:Germany TRZ:Canada

Address

300, Leo-Pariseau, Bureau 600, Montreal, QC, CAN, H2X 4C2

Website

https://www.transat.com

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.