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
Walgreens Boots Alliance (NASDAQ:WBA) Use Of Debt Could Be Considered Risky
Jan 19
Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Oct 02Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Jul 04Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Mar 08Here's Why Walgreens Boots Alliance (NASDAQ:WBA) Has A Meaningful Debt Burden
Oct 07Recent updates
3 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 02Walgreens Boots Alliance (NASDAQ:WBA) Will Pay A Dividend Of $0.48
Aug 01Walgreens Boots Alliance (NASDAQ:WBA) Has Announced A Dividend Of $0.48
Jul 16Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Jul 04Walgreens Boots Alliance's (NASDAQ:WBA) Dividend Will Be $0.48
Apr 25Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Mar 08Walgreens Boots Alliance (NASDAQ:WBA) Has Affirmed Its Dividend Of $0.48
Feb 01Walgreens Boots Alliance's (NASDAQ:WBA) Dividend Will Be $0.48
Nov 01Walgreens Boots Alliance Dividend is Solid, but it Might Not be Enough
Oct 16Walgreens Boots Alliance - A Company In Transition
Oct 146%-Yielding Walgreens Is Now Ridiculously Cheap
Oct 08Here's Why Walgreens Boots Alliance (NASDAQ:WBA) Has A Meaningful Debt Burden
Oct 07Financial Position Analysis
Short Term Liabilities: WBA's short term assets ($16.6B) do not cover its short term liabilities ($24.9B).
Long Term Liabilities: WBA's short term assets ($16.6B) do not cover its long term liabilities ($43.9B).
Debt to Equity History and Analysis
Debt Level: WBA's net debt to equity ratio (57.3%) is considered high.
Reducing Debt: WBA's debt to equity ratio has reduced from 71.1% to 61.7% over the past 5 years.
Debt Coverage: WBA's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: WBA's interest payments on its debt are not well covered by EBIT (2.9x coverage).