ATS Corporation (ATS) Balance Sheet

NYSE: ATSAssets, liabilities, debt and equity over 10 years.

ATS balance sheet, FY2026

March 31, 2026 · Canadian dollars

C$4.34B assets = C$2.56B liabilities + C$1.78B equity

What it ownsC$4.34BCash & ST investments: C$285.0M (6.6%)C$285.0MReceivables: C$994.4M (22.9%)ReceivablesC$994.4M · 23%Inventory: C$295.2M (6.8%)Inventory C$295.2MOther current: C$131.7M (3.0%)PP&E: C$406.8M (9.4%)PP&E C$406.8MGoodwill & intangibles: C$2.10B (48.5%)Goodwill & intangiblesC$2.10B · 48%Other non-current: C$123.4M (2.8%)=How it is financedC$4.34BCurrent liabilities: C$1.04B (23.9%)Current liabilitiesC$1.04B · 24%Long-term debt: C$1.27B (29.4%)Long-term debtC$1.27B · 29%Other LT liabilities: C$247.9M (5.7%)Shareholders’ equity: C$1.78B (41.0%)Shareholders’ equityC$1.78B · 41%

Both columns are drawn to the same scale: what ATS owns equals what it owes plus shareholders’ equity. Hover a block for its value.

ATS financial health

Current ratio1.64
Comfortable · current assets cover current liabilities 1.64×
Debt / equity0.81
Moderate leverage · C$0.81 of debt for each $1 of equity
Equity / assets41.0%
Equity-funded · of assets funded by shareholders
Cash / debt19.8%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles48.5%
Acquisition-heavy · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

ATS balance sheet trends, FY2017–FY2026

MetricTrendThenLatestChange
Total assetsC$1.37BFY2017C$4.34BFY2026+13.6%/yr
Total liabilitiesC$688.6MFY2017C$2.56BFY2026+15.7%/yr
Shareholders’ equityC$685.8MFY2017C$1.78BFY2026+11.2%/yr
Cash & short-term investmentsC$286.7MFY2017C$285.0MFY2026−0.1%/yr
Total debtC$328.7MFY2017C$1.44BFY2026+17.8%/yr
Net cash (debt)−C$42.0MFY2017−C$1.15BFY2026−C$1.1B
Working capitalC$364.4MFY2017C$668.2MFY2026+C$303.8M
Current ratio2.23FY20171.64FY2026−0.58
Debt / equity0.48FY20170.81FY2026+0.33
Shares outstanding92.8MFY201798.1MFY2026+0.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

ATS assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

ATS liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

ATS debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

ATS balance sheet in Canadian dollars

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Assets
Cash & short-term investmentsC$285.0MC$225.9MC$170.2MC$159.9MC$135.3MC$149.2MC$252.0MC$224.5MC$330.1MC$286.7M
Cash & equivalentsC$285.0MC$225.9MC$170.2MC$159.9MC$135.3MC$149.2MC$252.0MC$224.5MC$330.1MC$286.7M
Short-term investments——C$661.1M—————C$2.2MC$1.1M
ReceivablesC$994.4MC$1.28BC$1.21BC$955.7MC$744.8MC$451.1MC$369.8MC$435.7MC$377.9MC$310.8M
InventoryC$295.2MC$320.2MC$295.9MC$256.9MC$207.9MC$123.2MC$55.5MC$68.0MC$58.5MC$48.0M
Other current assetsC$131.7MC$79.7MC$78.8MC$79.5MC$58.5MC$16.7MC$14.5MC$28.7MC$22.5MC$16.1M
Total current assetsC$1.71BC$1.91BC$1.75BC$1.45BC$1.15BC$740.1MC$691.8MC$757.0MC$789.1MC$661.6M
Property, plant & equipment (net)C$406.8MC$447.3MC$402.6MC$357.3MC$303.4MC$201.2MC$138.7MC$97.7MC$85.1MC$69.2M
Goodwill & intangible assetsC$2.10BC$2.15BC$1.91BC$1.71BC$1.59BC$755.3MC$582.0MC$765.6MC$608.0MC$579.3M
Long-term investmentsC$0C$0C$0C$0C$0C$0C$0C$0C$0C$0
Other non-current assetsC$123.4MC$116.1MC$24.3MC$23.0MC$26.6MC$55.2MC$61.5MC$68.6MC$60.0MC$64.4M
Total assetsC$4.34BC$4.62BC$4.09BC$3.54BC$3.07BC$1.75BC$1.47BC$1.69BC$1.54BC$1.37B
Liabilities
Accounts payableC$622.4MC$665.1MC$519.9MC$647.6MC$501.5MC$252.2MC$178.7MC$254.2MC$240.1MC$183.8M
Short-term debtC$42.1MC$60.2MC$31.8MC$29.9MC$21.8MC$13.0MC$14.3MC$20.5MC$3.1MC$2.7M
Deferred revenueC$307.3MC$330.1MC$363.3MC$296.6MC$248.3MC$201.0MC$102.7MC$161.1MC$95.9MC$96.5M
Total current liabilitiesC$1.04BC$1.13BC$1.03BC$1.04BC$845.0MC$528.0MC$325.1MC$457.5MC$366.4MC$297.2M
Long-term debtC$1.27BC$1.54BC$1.17BC$1.16BC$1.02BC$430.6MC$598.0MC$0C$0C$0
Lease obligationsC$154.7MC$129.4MC$111.4MC$97.2MC$82.8MC$73.0MC$62.9M———
Other long-term liabilitiesC$247.9MC$243.6MC$203.8MC$213.9MC$222.0MC$68.9MC$0C$441.7MC$417.1MC$391.4M
Total liabilitiesC$2.56BC$2.91BC$2.40BC$2.41BC$2.08BC$1.03BC$863.4MC$899.2MC$783.4MC$688.6M
Shareholders' equity
Common stock & paid-in capitalC$852.8MC$842.0MC$865.9MC$520.6MC$530.2MC$418.9MC$366.7MC$516.6MC$548.7MC$543.3M
Retained earnings (deficit)C$722.6MC$660.4MC$724.5MC$530.7MC$416.8MC$237.0MC$170.1MC$191.4MC$121.4MC$74.6M
Accumulated other comprehensive incomeC$171.6MC$166.9MC$64.2MC$60.0MC$22.8MC$47.6MC$65.0MC$69.5MC$75.8MC$55.0M
Minority interestC$1.7MC$3.6MC$3.3MC$3.7M——————
Total shareholders' equityC$1.78BC$1.71BC$1.68BC$1.13BC$981.6MC$712.3MC$610.0MC$789.3MC$758.5MC$685.8M
Key figures
Total debtC$1.44BC$1.70BC$1.29BC$1.26BC$1.10BC$405.7MC$467.6MC$348.7MC$318.2MC$328.7M
Net cash (debt)−C$1.15B−C$1.47B−C$1.12B−C$1.10B−C$966.0M−C$256.5M−C$215.6M−C$124.2MC$12.0M−C$42.0M
Working capitalC$668.2MC$779.9MC$724.5MC$408.4MC$301.5MC$212.1MC$366.7MC$299.5MC$422.7MC$364.4M
Tangible book value−C$325.7M−C$447.3M−C$227.5M−C$584.6M−C$611.4M−C$42.9MC$28.0MC$23.7MC$150.5MC$106.4M
Shares outstanding98.1M98.0M98.6M92.2M92.6M92.4M92.5M94.1M94.0M92.8M
Current ratio1.641.691.701.391.361.402.131.652.152.23
Quick ratio1.231.341.341.071.041.141.911.441.932.01
Debt / equity0.811.000.771.121.120.570.770.440.420.48
Equity / assets41.0%36.9%41.1%31.8%32.0%40.7%41.4%46.7%49.2%49.9%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed May 28, 2026); data from EODHD.

ATS financial position

At the end of fiscal 2026 (March 31, 2026), ATS had total assets of C$4.3 billion (down 6.1% from a year earlier), total liabilities of C$2.6 billion and shareholders' equity of C$1.8 billion. It held C$285.0 million in cash and short-term investments against C$1.4 billion of debt, net debt of C$1.2 billion. Its current ratio was 1.64. In the latest quarter (ended June 30, 2026) total assets were C$4.3 billion and equity C$1.8 billion.

Related: ATS income statement, ATS cash flow statement, ATS key metrics. See the ATS stock overview for the latest quote and news.

ATS balance sheet FAQ

What are ATS's total assets?

ATS reported total assets of C$4.3 billion at the end of fiscal 2026 (March 31, 2026), compared with C$4.6 billion a year earlier.

How much debt does ATS have?

ATS had C$1.4 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.81.

How much cash does ATS have?

ATS held C$285.0 million in cash and short-term investments at the end of fiscal 2026; with C$1.4 billion of debt that is net debt of C$1.2 billion.

What is ATS's book value?

ATS's shareholders' equity (book value) was C$1.8 billion at the end of fiscal 2026.

What is ATS's current ratio?

ATS had current assets of C$1.7 billion and current liabilities of C$1.0 billion, a current ratio of 1.64 (it can cover its short-term obligations).

How much goodwill does ATS have?

ATS carried C$2.1 billion of goodwill and intangible assets, 48.5% of total assets, at the end of fiscal 2026.

Specialty Industrial Machinery: balance sheet