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 ratio | 4.4x |
| Cash | CA$287.70m |
| Equity | CA$5.53b |
| Total liabilities | CA$11.33b |
| Total assets | CA$16.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C15's short term assets (CA$3.1B) do not cover its short term liabilities (CA$3.8B).
Long Term Liabilities: C15'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: C15's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: C15's debt to equity ratio has reduced from 46% to 21.8% over the past 5 years.
Debt Coverage: C15's debt is well covered by operating cash flow (176.8%).
Interest Coverage: C15'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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:41 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/05/04 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| James Durran | Barclays |
| Philip Bassil | Beacon Securities Limited |
| Tamy Chen | BMO Capital Markets Equity Research |