Empire Company Limited (EMP-A) — Tangible Net Worth Ratio

Latest as of January 2026: 73.9%

Empire Company Limited (EMP-A) has a Tangible Net Worth Ratio of 73.9% as of January 2026. This metric is calculated by deducting intangible assets (CA$1.32 Billion) from net assets (CA$5.05 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Empire Company Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

73.9%
Tangible equity / total equity

Net Assets (Equity)

CA$5.05 Billion
CAD

Intangible Assets

CA$1.32 Billion
Goodwill, patents, brand value

Total Assets

CA$17.07 Billion
CAD

Empire Company Limited Tangible Net Worth Ratio (1996–2025)

This chart shows how Empire Company Limited's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of January 2026, the ratio stands at 73.9%, reflecting net assets of CA$5.05 Billion with intangible assets of CA$1.32 Billion CAD. See Empire Company Limited (EMP-A) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Empire Company Limited (1996–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Empire Company Limited from 1996 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see EMP-A market cap.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2025 75.5% CA$5.54 Billion CA$1.36 Billion CA$17.02 Billion ▲ +0.1 pp
2024 75.4% CA$5.47 Billion CA$1.35 Billion CA$16.79 Billion ▲ +1.1 pp
2023 74.2% CA$5.34 Billion CA$1.38 Billion CA$16.48 Billion ▲ +0.3 pp
2022 73.9% CA$5.13 Billion CA$1.34 Billion CA$16.59 Billion ▼ -4.4 pp
2021 78.3% CA$4.50 Billion CA$976.00 Million CA$15.17 Billion ▲ +2.4 pp
2020 75.9% CA$4.01 Billion CA$968.80 Million CA$14.63 Billion ▲ +1.9 pp
2019 74.0% CA$4.08 Billion CA$1.06 Billion CA$9.60 Billion ▼ -3.7 pp
2018 77.7% CA$3.77 Billion CA$842.00 Million CA$8.66 Billion ▲ +1.4 pp
2017 76.2% CA$3.70 Billion CA$880.50 Million CA$8.70 Billion ▲ +1.0 pp
2016 75.3% CA$3.68 Billion CA$911.50 Million CA$9.14 Billion ▼ -9.2 pp
2015 84.5% CA$6.04 Billion CA$938.00 Million CA$11.46 Billion ▲ +1.8 pp
2014 82.7% CA$5.74 Billion CA$993.60 Million CA$12.24 Billion ▼ -4.2 pp
2013 86.9% CA$3.76 Billion CA$490.50 Million CA$7.14 Billion ▲ +0.4 pp
2012 86.5% CA$3.43 Billion CA$461.80 Million CA$6.91 Billion ▲ +0.4 pp
2011 86.2% CA$3.28 Billion CA$453.70 Million CA$6.56 Billion ▲ +1.4 pp
2010 84.8% CA$2.99 Billion CA$455.00 Million CA$6.25 Billion ▼ -2.5 pp
2009 87.3% CA$2.72 Billion CA$345.40 Million CA$5.90 Billion ▲ +1.6 pp
2008 85.7% CA$2.42 Billion CA$346.80 Million CA$5.71 Billion ▼ -12.9 pp
2007 98.6% CA$2.73 Billion CA$38.20 Million CA$5.22 Billion ▼ -0.3 pp
2006 98.9% CA$2.55 Billion CA$27.20 Million CA$5.05 Billion ▲ +30.1 pp
2005 68.8% CA$2.27 Billion CA$706.50 Million CA$4.93 Billion ▼ -0.2 pp
2004 69.1% CA$2.12 Billion CA$656.90 Million CA$4.68 Billion ▼ -30.9 pp
2003 100.0% CA$1.97 Billion CA$0.00 CA$4.52 Billion ▲ +31.9 pp
2002 68.1% CA$1.77 Billion CA$566.00 Million CA$4.31 Billion ▲ +15.6 pp
2001 52.5% CA$1.52 Billion CA$723.50 Million CA$4.25 Billion ▲ +31.2 pp
2000 21.3% CA$915.40 Million CA$720.70 Million CA$4.17 Billion ▼ -6.4 pp
1999 27.7% CA$1.02 Billion CA$740.60 Million CA$4.02 Billion ▼ -70.2 pp
1998 97.9% CA$558.30 Million CA$11.60 Million CA$1.91 Billion ▲ +0.6 pp
1997 97.3% CA$479.70 Million CA$12.90 Million CA$1.80 Billion ▲ +0.5 pp
1996 96.8% CA$480.20 Million CA$15.30 Million CA$1.73 Billion
pp = percentage points