Air Canada (TSX:AC) Marketable Securities: C$2,635 Mil (As of Mar. 2026)


TSX:AC Air Canada TSX:AC
86 GF Score
Price C$24.45
GF Value C$24.26
Valuation Fairly Valued
! 5 Warning Signs
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What is Air Canada Marketable Securities?

Air Canada TSX:AC -1.49% 86 Marketable Securities is C$2,635 Mil as of Mar. 2026. GuruFocus rates TSX:AC with a GF Score™ of 86/100 and a GF Value™ of C$24.26 (Fairly Valued). The stock has 5 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Air Canada's Marketable Securities for the quarter that ended in Mar. 2026 was C$2,635 Mil.

Air Canada's annual Marketable Securities declined from Dec. 2023 (C$5,734 Mil) to Dec. 2024 (C$4,464 Mil) and declined from Dec. 2024 (C$4,464 Mil) to Dec. 2025 (C$2,730 Mil).

Air Canada  (TSX:AC) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Air Canada Marketable Securities Related Terms

Air Canada Marketable Securities Historical Data

* Premium members only.

The historical data trend for Air Canada's Marketable Securities 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.

Air Canada Marketable Securities Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,554.00 5,295.00 5,734.00 4,464.00 2,730.00

Air Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities 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 3,729.00 3,023.00 2,507.00 2,730.00 2,635.00
TSX:AC
86GF Score
Air Canada TSX:AC
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of C$2,635 Mil mean?
Air Canada (TSX:AC) has a Marketable Securities of C$2,635 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Air Canada and its competitors.
Is Air Canada's Marketable Securities too high?
Air Canada's current Marketable Securities is C$2,635 Mil. Overall, Air Canada has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Marketable Securities compare to DAL and UAL?
Air Canada's Marketable Securities of C$2,635 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Transportation company?
A good Marketable Securities depends on the Transportation industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Air Canada and its competitors. Air Canada's current Marketable Securities is C$2,635 Mil. 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 (TSX:AC) is currently considered Fairly Valued. The stock's GF Value™ is C$24.26, compared to a current price of C$24.45 — trading 0.8% above its estimated fair value. The current Marketable Securities is C$2,635 Mil. Air Canada's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Marketable Securities is C$2,635 Mil 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 (TSX:AC) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be overvalued. The current stock price of C$24.45 is trading 0.8% above its estimated GF Value™ of C$24.26. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

  • Marketable Securities: C$2,635 Mil
  • GF Value™: C$24.26 vs. price of C$24.45 (0.8% above fair value)
  • GF Score™: 86/100 with 5 warning signs

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

Air Canada Business Description

Address 7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, Montreal, QC, CAN, H4S 1Z3
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.
86GF Score

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

C$24.45
Price
C$24.26
GF Value