Air Canada (AC.TO)
23.96
+0.75
(+3.23%)
CAD |
TSX |
Nov 21, 16:00
Air Canada Debt to Equity Ratio: 3.564 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 3.564 |
| June 30, 2024 | 8.564 |
| March 31, 2024 | 14.17 |
| December 31, 2023 | 14.23 |
| September 30, 2023 | 21.28 |
| June 30, 2023 | -20.91 |
| March 31, 2023 | -8.662 |
| December 31, 2022 | -8.532 |
| September 30, 2022 | -8.822 |
| June 30, 2022 | -9.242 |
| March 31, 2022 | -11.39 |
| December 31, 2021 | 1482.67 |
| September 30, 2021 | 92.12 |
| June 30, 2021 | 16.21 |
| March 31, 2021 | 10.17 |
| December 31, 2020 | 5.477 |
| September 30, 2020 | 5.717 |
| June 30, 2020 | 4.939 |
| March 31, 2020 | 1.621 |
| December 31, 2019 | 1.314 |
| September 30, 2019 | 2.315 |
| June 30, 2019 | 2.808 |
| March 31, 2019 | 2.948 |
| December 31, 2018 | 1.973 |
| September 30, 2018 | 1.468 |
| Date | Value |
|---|---|
| June 30, 2018 | 1.794 |
| March 31, 2018 | 2.037 |
| December 31, 2017 | 3.353 |
| September 30, 2017 | 2.064 |
| June 30, 2017 | 5.652 |
| March 31, 2017 | 7.334 |
| December 31, 2016 | 5.207 |
| September 30, 2016 | 43.34 |
| June 30, 2016 | -10.33 |
| March 31, 2016 | -8.809 |
| December 31, 2015 | 491.85 |
| September 30, 2015 | -53.84 |
| June 30, 2015 | -12.52 |
| March 31, 2015 | -4.562 |
| December 31, 2014 | -4.343 |
| September 30, 2014 | -3.395 |
| June 30, 2014 | -2.508 |
| March 31, 2014 | -2.289 |
| December 31, 2013 | -2.968 |
| September 30, 2013 | -1.332 |
| June 30, 2013 | -1.072 |
| March 31, 2013 | -1.054 |
| December 31, 2012 | -1.103 |
| September 30, 2012 | -1.030 |
| June 30, 2012 | -0.9782 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-20.91
Minimum
Jun 2023
1482.67
Maximum
Dec 2021
80.72
Average
5.208
Median
Debt to Equity Ratio Benchmarks
| Canadian Pacific Kansas City Ltd | 0.4964 |
| Canadian National Railway Co | 1.064 |
| CAE Inc | 0.7404 |
| Chorus Aviation Inc | 1.173 |
| Bactech Environmental Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 31.50B |
| Total Liabilities (Quarterly) | 28.40B |
| Shareholders Equity (Quarterly) | 3.092B |
| Current Ratio | 0.922 |
| Net Debt Paydown Yield | 3.85% |