Walgreens Boots Alliance Balance Sheet Health
Financial Health criteria checks 2/6
Walgreens Boots Alliance has a total shareholder equity of $15.4B and total debt of $8.9B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are $83.0B and $67.6B respectively. Walgreens Boots Alliance's EBIT is $1.9B making its interest coverage ratio 3.7. It has cash and short-term investments of $711.0M.
Key information
57.8%
Debt to equity ratio
US$8.91b
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$711.00m |
| Equity | US$15.43b |
| Total liabilities | US$67.56b |
| Total assets | US$82.99b |
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 02Walgreens Boots Alliance (NASDAQ:WBA) Has A Somewhat Strained Balance Sheet
Jul 04Recent updates
Is 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 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 04Financial Position Analysis
Short Term Liabilities: WBA's short term assets ($16.3B) do not cover its short term liabilities ($25.0B).
Long Term Liabilities: WBA's short term assets ($16.3B) do not cover its long term liabilities ($42.5B).
Debt to Equity History and Analysis
Debt Level: WBA's net debt to equity ratio (53.2%) is considered high.
Reducing Debt: WBA's debt to equity ratio has reduced from 71.1% to 57.8% over the past 5 years.
Debt Coverage: WBA's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: WBA's interest payments on its debt are well covered by EBIT (3.7x coverage).