Air Canada (TSX:AC) Total Current Assets: C$9,372 Mil (As of Mar. 2026)


TSX:AC Air Canada TSX:AC
86 GF Score
Price C$24.49
GF Value C$24.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Air Canada Total Current Assets?

Air Canada TSX:AC -0.73% 86 Total Current Assets is C$9,372 Mil as of Mar. 2026. GuruFocus rates TSX:AC with a GF Score™ of 86/100 and a GF Value™ of C$24.10 (Fairly Valued). The stock has 5 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Air Canada's total current assets for the quarter that ended in Mar. 2026 was C$9,372 Mil.

Air Canada  (TSX:AC) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Air Canada's Liquidation Value for the quarter that ended in Mar. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6689-30368+0.75 * 1481+0.5 * 467
=-22,335

* 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 Total Current Assets Related Terms

Air Canada Total Current Assets Historical Data

* Premium members only.

The historical data trend for Air Canada's Total Current Assets 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 Total Current Assets Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,053.00 9,665.00 10,260.00 9,062.00 7,916.00

Air Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Current Assets 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 9,024.00 8,289.00 8,372.00 7,916.00 9,372.00
TSX:AC
86GF Score
Air Canada TSX:AC
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Air Canada's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=5525+1292+490+609
=7,916

Air Canada's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=6689+1481+467+735
=9,372

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of C$9,372 Mil mean?
Air Canada (TSX:AC) has a Total Current Assets of C$9,372 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Air Canada and its competitors.
Is Air Canada's Total Current Assets too high?
Air Canada's current Total Current Assets is C$9,372 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 Total Current Assets compare to DAL and UAL?
Air Canada's Total Current Assets of C$9,372 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 Total Current Assets for a Transportation company?
A good Total Current Assets depends on the Transportation industry context. However, Total Current Assets 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 Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Air Canada and its competitors. Air Canada's current Total Current Assets is C$9,372 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$24.10, compared to a current price of C$24.49 — trading 1.6% above its estimated fair value. The current Total Current Assets is C$9,372 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 Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Total Current Assets is C$9,372 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$24.49 is trading 1.6% above its estimated GF Value™ of C$24.10. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

  • Total Current Assets: C$9,372 Mil
  • GF Value™: C$24.10 vs. price of C$24.49 (1.6% 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

Get the complete analysis for TSX:AC

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

C$24.49
Price
C$24.10
GF Value