Empire Co's Total Assets for the quarter that ended in Jan. 2024 was $12,298 Mil.
Warning Sign:
If a company builds assets at 16.2% a year, faster than its revenue growth rate of 6.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Empire Co's average Total Assets Growth Rate was 0.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 16.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.
During the past 13 years, Empire Co's highest 3-Year average Total Assets Growth Rate was 32.60%. The lowest was -10.40%. And the median was 6.10%.
Total Assets is connected with ROA %. Empire Co's annualizedROA % for the quarter that ended in Jan. 2024 was 3.29%. Total Assets is also linked to Revenue through Asset Turnover. Empire Co's Asset Turnover for the quarter that ended in Jan. 2024 was 0.46.
Empire Co Total Assets Historical Data
The historical data trend for Empire Co's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Empire Co's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note:
The Net Income data used here is four times the quarterly (Jan. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Empire Co's Asset Turnover for the quarter that ended in Jan. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Empire Co Total Assets Related Terms
Thank you for viewing the detailed overview of Empire Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EMLAF has been successfully added to your 