Walgreens Boots Alliance Balance Sheet Health
Financial Health criteria checks 0/6
Walgreens Boots Alliance has a total shareholder equity of $12.2B and total debt of $9.6B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are $81.0B and $68.9B respectively. Walgreens Boots Alliance's EBIT is $839.0M making its interest coverage ratio 1.4. It has cash and short-term investments of $3.1B.
Key information
78.4%
Debt to equity ratio
US$9.55b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$3.11b |
| Equity | US$12.18b |
| Total liabilities | US$68.86b |
| Total assets | US$81.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WBA *'s short term assets ($18.3B) do not cover its short term liabilities ($27.0B).
Long Term Liabilities: WBA *'s short term assets ($18.3B) do not cover its long term liabilities ($41.9B).
Debt to Equity History and Analysis
Debt Level: WBA *'s net debt to equity ratio (52.9%) is considered high.
Reducing Debt: WBA *'s debt to equity ratio has increased from 69.7% to 78.4% over the past 5 years.
Debt Coverage: WBA *'s debt is not well covered by operating cash flow (10.7%).
Interest Coverage: WBA *'s interest payments on its debt are not well covered by EBIT (1.4x coverage).