Empire Company Limited (EMP-A) — Working Capital to Net Assets Ratio
Empire Company Limited (EMP-A) has a Working Capital to Net Assets ratio of -16.4% as of January 2026. Working capital of CA$-828.00 Million (current assets of CA$3.33 Billion minus current liabilities of CA$4.16 Billion) is measured against net assets of CA$5.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See EMP-A free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Empire Company Limited Working Capital to Net Assets (1996–2025)
This chart shows how Empire Company Limited's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of January 2026, the ratio stands at -16.4%, reflecting working capital of CA$-828.00 Million against net assets of CA$5.05 Billion CAD. See how many days can Empire Company Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Empire Company Limited (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Empire Company Limited from 1996 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see EMP-A stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -17.4% | CA$-962.00 Million | CA$5.54 Billion | CA$3.13 Billion | CA$4.10 Billion | ▼ -3.0 pp |
| 2024 | -14.4% | CA$-787.00 Million | CA$5.47 Billion | CA$3.10 Billion | CA$3.89 Billion | ▲ +2.5 pp |
| 2023 | -16.9% | CA$-902.50 Million | CA$5.34 Billion | CA$2.96 Billion | CA$3.86 Billion | ▲ +3.1 pp |
| 2022 | -20.0% | CA$-1.03 Billion | CA$5.13 Billion | CA$3.21 Billion | CA$4.24 Billion | ▼ -13.5 pp |
| 2021 | -6.6% | CA$-294.70 Million | CA$4.50 Billion | CA$3.19 Billion | CA$3.49 Billion | ▲ +13.5 pp |
| 2020 | -20.0% | CA$-804.50 Million | CA$4.01 Billion | CA$3.26 Billion | CA$4.06 Billion | ▼ -19.0 pp |
| 2019 | -1.0% | CA$-41.80 Million | CA$4.08 Billion | CA$2.64 Billion | CA$2.68 Billion | ▲ +11.3 pp |
| 2018 | -12.4% | CA$-466.30 Million | CA$3.77 Billion | CA$2.50 Billion | CA$2.96 Billion | ▼ -3.6 pp |
| 2017 | -8.8% | CA$-324.20 Million | CA$3.70 Billion | CA$2.17 Billion | CA$2.49 Billion | ▼ -5.6 pp |
| 2016 | -3.1% | CA$-115.50 Million | CA$3.68 Billion | CA$2.60 Billion | CA$2.72 Billion | ▲ +0.4 pp |
| 2015 | -3.5% | CA$-213.60 Million | CA$6.04 Billion | CA$2.27 Billion | CA$2.48 Billion | ▼ -4.0 pp |
| 2014 | 0.5% | CA$26.40 Million | CA$5.74 Billion | CA$2.59 Billion | CA$2.57 Billion | ▼ -0.5 pp |
| 2013 | 0.9% | CA$35.20 Million | CA$3.76 Billion | CA$1.96 Billion | CA$1.93 Billion | ▲ +4.6 pp |
| 2012 | -3.7% | CA$-127.20 Million | CA$3.43 Billion | CA$1.89 Billion | CA$2.02 Billion | ▼ -10.4 pp |
| 2011 | 6.7% | CA$220.70 Million | CA$3.28 Billion | CA$2.03 Billion | CA$1.81 Billion | ▲ +16.6 pp |
| 2010 | -9.9% | CA$-295.10 Million | CA$2.99 Billion | CA$1.79 Billion | CA$2.09 Billion | ▼ -3.1 pp |
| 2009 | -6.8% | CA$-184.10 Million | CA$2.72 Billion | CA$1.52 Billion | CA$1.71 Billion | ▼ -1.8 pp |
| 2008 | -5.0% | CA$-121.10 Million | CA$2.42 Billion | CA$1.41 Billion | CA$1.53 Billion | ▼ -5.5 pp |
| 2007 | 0.5% | CA$14.10 Million | CA$2.73 Billion | CA$1.43 Billion | CA$1.42 Billion | ▲ +6.9 pp |
| 2006 | -6.4% | CA$-162.50 Million | CA$2.55 Billion | CA$1.36 Billion | CA$1.52 Billion | ▼ -2.9 pp |
| 2005 | -3.4% | CA$-77.80 Million | CA$2.27 Billion | CA$1.59 Billion | CA$1.67 Billion | ▲ +12.9 pp |
| 2004 | -16.3% | CA$-346.50 Million | CA$2.12 Billion | CA$1.07 Billion | CA$1.42 Billion | ▼ -25.6 pp |
| 2003 | 9.3% | CA$182.70 Million | CA$1.97 Billion | CA$1.57 Billion | CA$1.39 Billion | ▼ -4.5 pp |
| 2002 | 13.8% | CA$244.00 Million | CA$1.77 Billion | CA$1.60 Billion | CA$1.36 Billion | ▲ +4.0 pp |
| 2001 | 9.7% | CA$148.10 Million | CA$1.52 Billion | CA$1.65 Billion | CA$1.50 Billion | ▲ +89.9 pp |
| 2000 | -80.2% | CA$-734.20 Million | CA$915.40 Million | CA$1.12 Billion | CA$1.86 Billion | ▼ -23.8 pp |
| 1999 | -56.4% | CA$-577.40 Million | CA$1.02 Billion | CA$1.01 Billion | CA$1.59 Billion | ▼ -25.5 pp |
| 1998 | -30.9% | CA$-172.40 Million | CA$558.30 Million | CA$486.80 Million | CA$659.20 Million | ▲ +4.9 pp |
| 1997 | -35.8% | CA$-171.60 Million | CA$479.70 Million | CA$467.90 Million | CA$639.50 Million | ▼ -18.8 pp |
| 1996 | -17.0% | CA$-81.70 Million | CA$480.20 Million | CA$437.60 Million | CA$519.30 Million | — |