Air Canada (TSX:AC) Total Liabilities: C$30,368 Mil (As of Mar. 2026)


TSX:AC Air Canada TSX:AC
86 GF Score
Price C$24.67
GF Value C$24.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Air Canada Total Liabilities?

Air Canada TSX:AC +0.65% 86 Total Liabilities is C$30,368 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.

Air Canada's Total Liabilities for the quarter that ended in Mar. 2026 was C$30,368 Mil.

Air Canada's quarterly Total Liabilities declined from Sep. 2025 (C$28,842.00 Mil) to Dec. 2025 (C$28,624.00 Mil) but then increased from Dec. 2025 (C$28,624.00 Mil) to Mar. 2026 (C$30,368.00 Mil).

Air Canada's annual Total Liabilities declined from Dec. 2023 (C$29,375.00 Mil) to Dec. 2024 (C$28,820.00 Mil) and declined from Dec. 2024 (C$28,820.00 Mil) to Dec. 2025 (C$28,624.00 Mil).

Air Canada Total Liabilities Historical Data

* Premium members only.

The historical data trend for Air Canada's Total Liabilities 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 Liabilities Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,605.00 31,062.00 29,375.00 28,820.00 28,624.00

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 Liabilities 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 29,963.00 29,360.00 28,842.00 28,624.00 30,368.00
TSX:AC
86GF Score
Air Canada TSX:AC
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=14134+(8609+1495
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+2852+1534+0)
=28,624

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=31215-2591
=28,624

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=15637+(9009+1403
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+2853+1466+0)
=30,368

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=33088-2720
=30,368

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of C$30,368 Mil mean?
Air Canada (TSX:AC) has a Total Liabilities of C$30,368 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Air Canada and its competitors.
Is Air Canada's Total Liabilities too high?
Air Canada's current Total Liabilities is C$30,368 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 Liabilities compare to DAL and UAL?
Air Canada's Total Liabilities of C$30,368 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 Liabilities for a Transportation company?
A good Total Liabilities depends on the Transportation industry context. However, Total Liabilities 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Air Canada and its competitors. Air Canada's current Total Liabilities is C$30,368 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$24.67 — trading 2.4% above its estimated fair value. The current Total Liabilities is C$30,368 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 Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Total Liabilities is C$30,368 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$24.67 is trading 2.4% above its estimated GF Value™ of C$24.10. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

  • Total Liabilities: C$30,368 Mil
  • GF Value™: C$24.10 vs. price of C$24.67 (2.4% 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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Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$24.67
Price
C$24.10
GF Value