Empire Company Limited

TSX:EMP.A Stock Report

Market Cap: CA$10.2b

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$1.2B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are CA$16.9B and CA$11.3B respectively. Empire's EBIT is CA$1.3B making its interest coverage ratio 4.4. It has cash and short-term investments of CA$287.7M.

Key information

21.8%

Debt to equity ratio

CA$1.20b

Debt

Interest coverage ratio4.4x
CashCA$287.70m
EquityCA$5.53b
Total liabilitiesCA$11.33b
Total assetsCA$16.87b

Recent financial health updates

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

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

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

Jun 17
Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

Is Empire (TSE:EMP.A) A Risky Investment?

Feb 12
Is Empire (TSE:EMP.A) A Risky Investment?

Recent updates

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

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

Jun 17
Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

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

May 21
Estimating The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Empire Company Limited's (TSE:EMP.A) Share Price Is Matching Sentiment Around Its Earnings

May 07
Empire Company Limited's (TSE:EMP.A) Share Price Is Matching Sentiment Around Its Earnings

Empire (TSE:EMP.A) Strong Profits May Be Masking Some Underlying Issues

Mar 22
Empire (TSE:EMP.A) Strong Profits May Be Masking Some Underlying Issues

Is Empire (TSE:EMP.A) A Risky Investment?

Feb 12
Is Empire (TSE:EMP.A) A Risky Investment?

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

Jan 30
Estimating The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Empire Company Limited's (TSE:EMP.A) Business Is Yet to Catch Up With Its Share Price

Jan 16
Empire Company Limited's (TSE:EMP.A) Business Is Yet to Catch Up With Its Share Price

Financial Position Analysis

Short Term Liabilities: EMP.A's short term assets (CA$3.1B) do not cover its short term liabilities (CA$3.8B).

Long Term Liabilities: EMP.A's short term assets (CA$3.1B) do not cover its long term liabilities (CA$7.5B).

Debt to Equity History and Analysis

Debt Level: EMP.A's net debt to equity ratio (16.6%) is considered satisfactory.

Reducing Debt: EMP.A's debt to equity ratio has reduced from 46% to 21.8% over the past 5 years.

Debt Coverage: EMP.A's debt is well covered by operating cash flow (176.8%).

Interest Coverage: EMP.A's interest payments on its debt are well covered by EBIT (4.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/11/02
Annual Earnings2024/05/04

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 here.

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 .

Analyst Sources

Empire Company Limited is covered by 21 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