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
Is Walgreens Boots Alliance (NASDAQ:WBA) A Risky Investment?
Sep 09
Walgreens Boots Alliance (NASDAQ:WBA) Use Of Debt Could Be Considered Risky
May 05Walgreens Boots Alliance (NASDAQ:WBA) Use Of Debt Could Be Considered Risky
Jan 19Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Oct 02Recent updates
Walgreens: 11.9% Dividend Yield Still On Unsteady Legs
Nov 18Walgreens Q4: 2 Signs Of A Dividend Trap
Oct 29Walgreens: Undervalued Pharma Giant Poised For A Turnaround Amid Cost-Cutting And Activist Investor Potential
Oct 23Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
Oct 17Walgreens: A Turnaround Stock To Avoid
Oct 15Walgreens Stock: Cheap At 3x FWD P/E, But Still Not Worth Buying
Sep 29Is Walgreens Boots Alliance (NASDAQ:WBA) A Risky Investment?
Sep 09Walgreens: Short Interest Surge Indicates It's Time To Cut Your Losses
Sep 06Is Walgreens Ready To Rebound?
Aug 23Walgreens Boots Alliance: Likely A Value Trap, But Could Be A Speculative Long-Term Play
Aug 13Walgreens: A Painful Turnaround Lesson
Aug 02Walgreens: Here's What Comes Next
Jul 09Walgreens: Yielding Over 8% Following The Earnings Drop
Jul 02Walgreens: Beware The Value Trap Ahead Of Earnings
Jun 24Walgreens: Another Dividend Cut Could Be Coming Soon (Rating Downgrade)
May 305 Reasons Walgreens Fell By 6.4% To Nearly 25-Year Lows
May 22Walgreens: Hold Tight, Let It Turn Around First
May 06Walgreens Boots Alliance (NASDAQ:WBA) Use Of Debt Could Be Considered Risky
May 053 Reasons Walgreens Can See Upside (Rating Upgrade)
Apr 10Investors Still Waiting For A Pull Back In Walgreens Boots Alliance, Inc. (NASDAQ:WBA)
Apr 08Walgreens: New Management Team And Cost-Plus Model Are Exactly What The Doctor Prescribed
Apr 04Walgreens Earnings Preview: Revenue Estimates Holding Up; It's A Cost Structure Problem
Mar 27Walgreens' Strategic Pivot
Mar 21Walgreens Q2, Dow Exit, And Bet Against Wall Street
Mar 15Walgreens: New CEO Looking To Right The Ship
Feb 13Walgreens Boots Alliance (NASDAQ:WBA) Use Of Debt Could Be Considered Risky
Jan 19Walgreens Boots Alliance: Income Opportunity After Dividend Cut
Jan 17Walgreens Q1: Dividend Cut Now What? (Rating Upgrade)
Jan 10After Leaping 26% Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Shares Are Not Flying Under The Radar
Dec 24Walgreens Boots Alliance's (NASDAQ:WBA) Dividend Will Be $0.48
Oct 31Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Oct 02Financial 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).