EMLAF (Empire Co) Change In Working Capital: $-131 Mil (TTM As of Apr. 2026)

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EMLAF Empire Co Ltd EMLAF
79 GF Score
Price $34.76
GF Value $34.53
Valuation Fairly Valued
! 2 Warning Signs
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What is Empire Co Change In Working Capital?

Empire Co EMLAF 79 Change In Working Capital is $-131 Mil as of Apr. 2026. GuruFocus rates EMLAF with a GF Score™ of 79/100 and a GF Value™ of $34.53 (Fairly Valued). The stock has 2 warning signs investors should review.

Empire Co's change in working capital for the quarter that ended in Apr. 2026 was $12 Mil.

Empire Co's change in working capital for the fiscal year that ended in Apr. 2026 was $-132 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


Empire Co Change In Working Capital Related Terms


Empire Co Change In Working Capital Historical Data

* Premium members only.

The historical data trend for Empire Co's Change In Working Capital 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.

Empire Co Change In Working Capital Chart

Empire Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.06 -227.97 -58.51 19.31 -132.33

Empire Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.02 -103.72 -83.64 44.30 11.63
EMLAF
79GF Score
Empire Co Ltd EMLAF
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire Co Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-131 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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.

What does a Change In Working Capital of $-131 Mil mean?
Empire Co (EMLAF) has a Change In Working Capital of $-131 Mil as of Apr. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Empire Co.
Is Empire Co's Change In Working Capital too high?
Empire Co's current Change In Working Capital is $-131 Mil. Overall, Empire Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Empire Co's Change In Working Capital compare to KR and SFM?
Empire Co's Change In Working Capital of $-131 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Retail - Defensive company?
A good Change In Working Capital depends on the Retail - Defensive industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Empire Co. Empire Co's current Change In Working Capital is $-131 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Co stock overvalued right now?
Based on GuruFocus' analysis, Empire Co (EMLAF) is currently considered Fairly Valued. The stock's GF Value™ is $34.53, compared to a current price of $34.76 — trading 0.7% above its estimated fair value. The current Change In Working Capital is $-131 Mil. Empire Co's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Empire Co (EMLAF), the current Change In Working Capital is $-131 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Empire Co (EMLAF) Overvalued in 2026?

Based on GuruFocus' analysis, Empire Co stock appears to be overvalued. The current stock price of $34.76 is trading 0.7% above its estimated GF Value™ of $34.53. GuruFocus considers Empire Co to be Fairly Valued.

Key valuation signals for EMLAF:

  • Change In Working Capital: $-131 Mil
  • GF Value™: $34.53 vs. price of $34.76 (0.7% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the EMLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire Co Business Description

Other Exchanges C15:GermanyEMP.A:Canada
Address 115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd is a Canadian company whose key businesses are food retailing and related real estate. The Company's business operations were conducted through its two reportable segments: Food retailing and Investments and other operations. The Food retailing segment is comprised of three operating segments: Sobeys National, Farm Boy and Longo's. Food retailing consists of corporate and franchisee-owned retail food stores, and includes convenience and fuel stores, retail pharmacy stores and in-store pharmacies, as well as an e-commerce grocery-business, providing customers offerings in fresh and non-fresh grocery, fuel, pharmacy, health and beauty care and general merchandise. The Investments and other operations consists of investments in Crombie REIT, real estate partnership.
79GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.76
Price
$34.53
GF Value