Companies: 10,795·Total market cap: $144.5T
Air Canada

Air Canada

AC.TOTSXIndustrials● Active
$21.41
+$0.08(+0.38%)
Market Cap$6.1B
P/E Ratio—
52W High$23.72
52W Low$16.45
Cash on HandFinancialsRevenue

Air Canada (AC.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

AC.TO · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$5.53B▼ -20.9% vs prior year
FY · as of Dec 31, 2025 · Reported in CAD
Cash & Cash Equiv. (CCE)
$2.79B
cashAndCashEquivalents
Short-Term Investments
$2.73B
shortTermInvestments
YoY Change vs Prior Year
-20.9%
vs prior fiscal year
Latest Quarter
$6.69B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CAD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$5.53BCash on Hand
Total Debt$11.58BTotal Debt
Net Cash / Net Debt−$6.05BNet Debt Position
Cash vs Debt Ratio
Cash 32%Debt 68%

Air Canada carries a net debt position of $6.05B. Total debt ($11.58B) exceeds cash on hand ($5.53B). Air Canada cash vs debt ratio: 32% cash / 68% debt.

Net Cash = Cash & ST Investments − Total Debt$5.53B − $11.58B = −$6.05B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
AC.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$5.53B-20.9%
Dec 31, 2024$6.98B-18.3%
Dec 31, 2023$8.55B+7.0%
Dec 31, 2022$7.99B-10.9%
Dec 31, 2021$8.97B+17.9%
AC.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Industrials Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
The Boeing Company
The Boeing Company
BA
$29.40B17.3%#2
GE Aerospace
GE Aerospace
GE
$12.39B3.6%#3
Caterpillar Inc.
Caterpillar Inc.
CAT
$9.98B2.4%#4
RTX Corporation
RTX Corporation
RTX
$7.43B3.0%
#5
Air Canada
Air CanadaYOU
AC.TO
$5.53B89.9%
Industrials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Air Canada (AC.TO) cash on hand as of December 31, 2025 is $5.53B, comprising $2.79B in cash and cash equivalents (CCE) plus $2.73B in short-term investments — reported as Air Canada cash and short-term investments on the balance sheet (10-K filing). Also referred to as Air Canada cash reserves or cash position.

Air Canada annual cash on hand history shows decreased -20.9% in 2025: decreased -20.9% in 2025. Air Canada cash reserves in 2025 reflect the company's capital allocation strategy.

Air Canada carries total debt of $11.58B against cash of $5.53B, resulting in a net debt position of -$6.05B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

AC.TO cash on hand · 5 questions

As of December 31, 2025, Air Canada (AC.TO) has $5.53B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $2.79B in cash and cash equivalents (CCE) plus $2.73B in short-term investments. Latest quarter (March 31, 2026): $6.69B. Data sourced from the annual 10-K filing via FMP.

AC.TO cash on handAC.TO cash reservesAC.TO cash 2025how much cash does AC.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · Air Canada · Air Canada SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025