Empire Company Limited

TSX:EMP.A Stock Report

Market Cap: CA$12.9b

Empire Balance Sheet Health

Financial Health criteria checks 4/6

Empire has a total shareholder equity of CA$5.5B and total debt of CA$1.1B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CA$17.0B and CA$11.5B respectively. Empire's EBIT is CA$1.3B making its interest coverage ratio 4.3. It has cash and short-term investments of CA$285.0M.

Key information

19.52%

Debt to equity ratio

CA$1.08b

Debt

Interest coverage ratio4.3x
CashCA$285.00m
EquityCA$5.54b
Total liabilitiesCA$11.48b
Total assetsCA$17.02b

Recent financial health updates

Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly

Apr 08
Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly

Is Empire (TSE:EMP.A) Using Too Much Debt?

Nov 01
Is Empire (TSE:EMP.A) Using Too Much Debt?

Recent updates

There May Be Some Bright Spots In Empire's (TSE:EMP.A) Earnings

Jun 30
There May Be Some Bright Spots In Empire's (TSE:EMP.A) Earnings

Empire (TSE:EMP.A) Has Announced That It Will Be Increasing Its Dividend To CA$0.22

Jun 23
Empire (TSE:EMP.A) Has Announced That It Will Be Increasing Its Dividend To CA$0.22

Returns On Capital At Empire (TSE:EMP.A) Have Hit The Brakes

Jun 20
Returns On Capital At Empire (TSE:EMP.A) Have Hit The Brakes

Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly

Apr 08
Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly

Earnings Not Telling The Story For Empire Company Limited (TSE:EMP.A)

Mar 26
Earnings Not Telling The Story For Empire Company Limited (TSE:EMP.A)

Estimating The Fair Value Of Empire Company Limited (TSE:EMP.A)

Mar 12
Estimating The Fair Value Of Empire Company Limited (TSE:EMP.A)

Investors Will Want Empire's (TSE:EMP.A) Growth In ROCE To Persist

Feb 10
Investors Will Want Empire's (TSE:EMP.A) Growth In ROCE To Persist

A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Dec 11
A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Empire Company Limited's (TSE:EMP.A) Shares May Have Run Too Fast Too Soon

Nov 28
Empire Company Limited's (TSE:EMP.A) Shares May Have Run Too Fast Too Soon

Is Empire (TSE:EMP.A) Using Too Much Debt?

Nov 01
Is Empire (TSE:EMP.A) Using Too Much Debt?

A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Sep 10
A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Little Excitement Around Empire Company Limited's (TSE:EMP.A) Earnings

Aug 27
Little Excitement Around Empire Company Limited's (TSE:EMP.A) Earnings

Returns At Empire (TSE:EMP.A) Appear To Be Weighed Down

Jul 27
Returns At Empire (TSE:EMP.A) Appear To Be Weighed Down

Financial Position Analysis

Short Term Liabilities: EMP.A's short term assets (CA$3.1B) do not cover its short term liabilities (CA$4.1B).

Long Term Liabilities: EMP.A's short term assets (CA$3.1B) do not cover its long term liabilities (CA$7.4B).

Debt to Equity History and Analysis

Debt Level: EMP.A's net debt to equity ratio (14.4%) is considered satisfactory.

Reducing Debt: EMP.A's debt to equity ratio has reduced from 41.7% to 19.5% over the past 5 years.

Debt Coverage: EMP.A's debt is well covered by operating cash flow (196.6%).

Interest Coverage: EMP.A's interest payments on its debt are well covered by EBIT (4.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/07 07:43
End of Day Share Price 2025/07/07 00:00
Earnings2025/05/03
Annual Earnings2025/05/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Empire Company Limited is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James DurranBarclays
Philip BassilBeacon Securities Limited
Tamy ChenBMO Capital Markets Equity Research