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 ratio | 4.3x |
| Cash | CA$285.00m |
| Equity | CA$5.54b |
| Total liabilities | CA$11.48b |
| Total assets | CA$17.02b |
Recent financial health updates
Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly
Apr 08
Is Empire (TSE:EMP.A) Using Too Much Debt?
Nov 01Recent updates
There May Be Some Bright Spots In Empire's (TSE:EMP.A) Earnings
Jun 30Empire (TSE:EMP.A) Has Announced That It Will Be Increasing Its Dividend To CA$0.22
Jun 23Returns On Capital At Empire (TSE:EMP.A) Have Hit The Brakes
Jun 20Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly
Apr 08Earnings Not Telling The Story For Empire Company Limited (TSE:EMP.A)
Mar 26Estimating The Fair Value Of Empire Company Limited (TSE:EMP.A)
Mar 12Investors Will Want Empire's (TSE:EMP.A) Growth In ROCE To Persist
Feb 10A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)
Dec 11Empire Company Limited's (TSE:EMP.A) Shares May Have Run Too Fast Too Soon
Nov 28Is Empire (TSE:EMP.A) Using Too Much Debt?
Nov 01A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)
Sep 10Little Excitement Around Empire Company Limited's (TSE:EMP.A) Earnings
Aug 27Returns At Empire (TSE:EMP.A) Appear To Be Weighed Down
Jul 27Financial 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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/21 02:06 |
| End of Day Share Price | 2025/07/21 00:00 |
| Earnings | 2025/05/03 |
| Annual Earnings | 2025/05/03 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| James Durran | Barclays |
| Philip Bassil | Beacon Securities Limited |
| Tamy Chen | BMO Capital Markets Equity Research |