Air Canada (ACDVF) Ratios
Air Canada Ratios
ACDVF's free cash flow for Q3 2026 was $-440.00M. For the 2026 fiscal year, ACDVF's free cash flow was decreased by $-706.00M and operating cash flow was $266.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.56 | 0.79 | 1.03 | 1.03 | 1.45 |
| Quick Ratio | 0.53 | 0.76 | 0.99 | 1.00 | 1.42 |
| Cash Ratio | 0.20 | 0.22 | 0.28 | 0.29 | 0.64 |
| Solvency Ratio | 0.09 | 0.12 | 0.14 | -0.00 | -0.06 |
| Operating Cash Flow Ratio | 0.26 | 0.34 | 0.43 | 0.25 | -0.23 |
| Short-Term Operating Cash Flow Coverage | 1.51 | 2.24 | 4.99 | 1.87 | -1.54 |
| Net Current Asset Value | $ -20.71B | $ -19.76B | $ -19.11B | $ -21.40B | $ -20.55B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.37 | 0.41 | 0.46 | 0.55 | 0.54 |
| Debt-to-Equity Ratio | 4.47 | 5.31 | 17.41 | -10.49 | 1835.89 |
| Debt-to-Capital Ratio | 0.82 | 0.84 | 0.95 | 1.11 | 1.00 |
| Long-Term Debt-to-Capital Ratio | 0.70 | 0.78 | 0.93 | 1.15 | 1.00 |
| Financial Leverage Ratio | 12.05 | 13.07 | 37.90 | -18.98 | 3401.56 |
| Debt Service Coverage Ratio | 1.07 | 1.71 | 2.73 | 0.39 | -0.71 |
| Interest Coverage Ratio | 1.51 | 1.73 | 2.45 | -0.21 | -4.17 |
| Debt to Market Cap | 1.43 | 1.28 | 1.71 | 1.91 | 1.80 |
| Interest Debt Per Share | 39.17 | 37.43 | 41.32 | 48.05 | 49.16 |
| Net Debt to EBITDA | 2.58 | 3.33 | 2.28 | 13.45 | -7.45 |
| Profitability Margins | |||||
| Gross Profit Margin | 30.62% | 24.51% | 28.17% | 16.88% | -19.23% |
| EBIT Margin | 6.24% | 5.60% | 14.39% | -3.79% | -50.64% |
| EBITDA Margin | 15.23% | 13.68% | 22.19% | 6.11% | -25.39% |
| Operating Profit Margin | 4.10% | 5.68% | 10.44% | -1.13% | -47.64% |
| Pretax Profit Margin | 3.53% | 2.31% | 10.13% | -9.21% | -62.20% |
| Net Profit Margin | 2.88% | 7.73% | 10.42% | -10.27% | -56.28% |
| Continuous Operations Profit Margin | 2.88% | 7.73% | 10.42% | -10.27% | -56.28% |
| Net Income Per EBT | 81.62% | 333.98% | 102.89% | 111.55% | 90.48% |
| EBT Per EBIT | 85.95% | 40.78% | 97.06% | 814.97% | 130.57% |
| Return on Assets (ROA) | 2.06% | 5.51% | 7.54% | -5.76% | -11.77% |
| Return on Equity (ROE) | 24.86% | 72.03% | 285.93% | 109.32% | -40022.22% |
| Return on Capital Employed (ROCE) | 5.37% | 6.39% | 11.30% | -0.93% | -12.87% |
| Return on Invested Capital (ROIC) | 3.74% | 5.87% | 10.83% | -0.87% | -11.17% |
| Return on Tangible Assets | 2.41% | 6.43% | 8.82% | -6.75% | -13.72% |
| Earnings Yield | 10.73% | 21.58% | 34.40% | -24.49% | -48.57% |
| Efficiency Ratios | |||||
| Receivables Turnover | 17.32 | 20.44 | 19.48 | 15.97 | 9.26 |
| Payables Turnover | 0.00 | 4.52 | 4.73 | 5.11 | 2.93 |
| Inventory Turnover | 31.68 | 42.97 | 46.54 | 43.27 | 34.07 |
| Fixed Asset Turnover | 1.54 | 1.71 | 1.83 | 1.39 | 0.55 |
| Asset Turnover | 0.72 | 0.71 | 0.72 | 0.56 | 0.21 |
| Working Capital Turnover Ratio | -5.20 | -20.95 | 76.21 | 9.62 | 2.75 |
| Cash Conversion Cycle | 32.60 | -54.42 | -50.66 | -40.08 | -74.38 |
| Days of Sales Outstanding | 21.08 | 17.86 | 18.74 | 22.86 | 39.41 |
| Days of Inventory Outstanding | 11.52 | 8.49 | 7.84 | 8.43 | 10.71 |
| Days of Payables Outstanding | 0.00 | 80.78 | 77.25 | 71.38 | 124.50 |
| Operating Cycle | 32.60 | 26.36 | 26.58 | 31.30 | 50.12 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 11.76 | 10.98 | 12.07 | 6.61 | -4.45 |
| Free Cash Flow Per Share | 2.40 | 3.61 | 7.70 | 2.22 | -7.51 |
| Dividend Paid and CapEx Coverage Ratio | 1.26 | 1.49 | 2.76 | 1.51 | -1.46 |
| Capital Expenditure Coverage Ratio | 1.26 | 1.49 | 2.76 | 1.51 | -1.46 |
| Operating Cash Flow Coverage Ratio | 0.32 | 0.31 | 0.31 | 0.15 | -0.09 |
| Operating Cash Flow to Sales Ratio | 0.16 | 0.18 | 0.20 | 0.14 | -0.24 |
| Free Cash Flow Yield | 12.45% | 16.24% | 41.66% | 11.47% | -35.54% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 9.32 | 4.63 | 2.91 | -4.08 | -2.06 |
| Price-to-Sales (P/S) Ratio | 0.27 | 0.36 | 0.30 | 0.42 | 1.16 |
| Price-to-Book (P/B) Ratio | 2.32 | 3.34 | 8.31 | -4.46 | 824.07 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 8.03 | 6.16 | 2.40 | 8.72 | -2.81 |
| Price-to-Operating Cash Flow Ratio | 1.64 | 2.03 | 1.53 | 2.93 | -4.75 |
| Price-to-Earnings Growth (PEG) Ratio | -0.16 | -0.20 | -0.01 | 0.08 | 0.05 |
| Enterprise Value Multiple | 4.34 | 5.95 | 3.65 | 20.31 | -12.02 |
| Enterprise Value | 14.78B | 18.12B | 17.66B | 20.55B | 19.52B |
| EV to EBITDA | 4.34 | 5.95 | 3.65 | 20.31 | -12.02 |
| EV to Sales | 0.66 | 0.81 | 0.81 | 1.24 | 3.05 |
| EV to Free Cash Flow | 19.79 | 14.00 | 6.41 | 25.82 | -7.41 |
| EV to Operating Cash Flow | 4.04 | 4.61 | 4.09 | 8.68 | -12.49 |
| Tangible Book Value Per Share | -6.26 | -5.74 | -9.95 | -16.43 | -12.38 |
| Shareholders’ Equity Per Share | 8.33 | 6.67 | 2.22 | -4.34 | 0.03 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.18 | -2.34 | -0.03 | -0.12 | 0.10 |
| Revenue Per Share | 71.94 | 62.16 | 60.99 | 46.25 | 18.23 |
| Net Income Per Share | 2.07 | 4.80 | 6.36 | -4.75 | -10.26 |
| Tax Burden | 0.82 | 3.34 | 1.03 | 1.12 | 0.90 |
| Interest Burden | 0.57 | 0.41 | 0.70 | 2.43 | 1.23 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.08 | 0.08 | 0.03 | 0.03 | 0.06 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 5.68 | 2.28 | 1.90 | -1.39 | 0.43 |
Currency in CAD