Empire Financial Health
How is Empire's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: EMP.A's short term assets (CA$3.3B) do not cover its short term liabilities (CA$4.3B).
Long Term Liabilities: EMP.A's short term assets (CA$3.3B) do not cover its long term liabilities (CA$7.1B).
Debt to Equity History and Analysis
Debt Level: EMP.A's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: EMP.A's debt to equity ratio has reduced from 48.7% to 21.1% over the past 5 years.
Debt Coverage: EMP.A's debt is well covered by operating cash flow (168.3%).
Interest Coverage: EMP.A's interest payments on its debt are well covered by EBIT (5x coverage).