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Empire Co (Empire Co) Debt-to-Asset : 0.44 (As of Jan. 2024)


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What is Empire Co Debt-to-Asset?

Empire Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $524 Mil. Empire Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $4,903 Mil. Empire Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2024 was $12,298 Mil. Empire Co's debt to asset for the quarter that ended in Jan. 2024 was 0.44.

Empire Co Debt-to-Asset Historical Data

The historical data trend for Empire Co's Debt-to-Asset 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.

* Premium members only.

Empire Co Debt-to-Asset Chart

Empire Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.47 0.47 0.45 0.44

Empire Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Asset 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 0.44 0.44 0.43 0.44 0.44

Competitive Comparison of Empire Co's Debt-to-Asset

For the Grocery Stores subindustry, Empire Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Empire Co's Debt-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Empire Co's Debt-to-Asset falls into.


Empire Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Empire Co's Debt-to-Asset for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(492.955 + 4844.408) / 12224.637
=0.44

Empire Co's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(524.324 + 4902.928) / 12298.294
=0.44

* 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  (OTCPK:EMLAF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Empire Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Empire Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Empire Co (Empire Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Empire Co Ltd (OTCPK:EMLAF) » Definitions » Debt-to-Asset
Comparable Companies
TSX:NWC TSX:MRU TSX:WN KR TSX:L TSE:3382 XAMS:AD LSE:TSCO ASX:WOW ASX:COL BKK:CPALL XPAR:CA ACI WAR:DNP TPE:2912 LSE:SBRY ISX:AMRT CHDRAUIB IST:BIMAS OHEL:KESKOA
Traded in Other Exchanges
C15:Germany EMP.A:Canada
Address
115 King Street, Stellarton, NS, CAN, B0K 1S0
Website
https://www.empireco.ca
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.

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