Walgreens Boots Alliance Balance Sheet Health
Financial Health criteria checks 1/6
Walgreens Boots Alliance has a total shareholder equity of $15.4B and total debt of $9.5B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are $84.2B and $68.8B respectively. Walgreens Boots Alliance's EBIT is $1.7B making its interest coverage ratio 2.9. It has cash and short-term investments of $676.0M.
Key information
61.7%
Debt to equity ratio
US$9.47b
Debt
Interest coverage ratio | 2.9x |
Cash | US$676.00m |
Equity | US$15.36b |
Total liabilities | US$68.84b |
Total assets | US$84.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WGBA34's short term assets ($16.6B) do not cover its short term liabilities ($24.9B).
Long Term Liabilities: WGBA34's short term assets ($16.6B) do not cover its long term liabilities ($43.9B).
Debt to Equity History and Analysis
Debt Level: WGBA34's net debt to equity ratio (57.3%) is considered high.
Reducing Debt: WGBA34's debt to equity ratio has reduced from 71.1% to 61.7% over the past 5 years.
Debt Coverage: WGBA34's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: WGBA34's interest payments on its debt are not well covered by EBIT (2.9x coverage).