Walgreens Boots Alliance (Walgreens Boots Alliance) Effective Interest Rate on Debt % : 1.64% (As of Feb. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Walgreens Boots Alliance Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Walgreens Boots Alliance's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $552 Mil. Walgreens Boots Alliance's average total debt for the quarter that ended in Feb. 2024 was $33,680 Mil. Therefore, Walgreens Boots Alliance's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 1.64%.

Walgreens Boots Alliance Effective Interest Rate on Debt % Historical Data

The historical data trend for Walgreens Boots Alliance's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Walgreens Boots Alliance Effective Interest Rate on Debt % Chart

Walgreens Boots Alliance Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.16

2.17

2.48

1.16

1.68

Walgreens Boots Alliance Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.54	1.87	1.77	1.18	1.64

Competitive Comparison of Walgreens Boots Alliance's Effective Interest Rate on Debt %

For the Pharmaceutical Retailers subindustry, Walgreens Boots Alliance's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Walgreens Boots Alliance's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Walgreens Boots Alliance's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Walgreens Boots Alliance's Effective Interest Rate on Debt % falls into.

Walgreens Boots Alliance Effective Interest Rate on Debt % Calculation

Walgreens Boots Alliance's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * -580	/	( (35478	+	33534)	/ 2 )
=	-1 * -580	/	34506
=	1.68 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32133	+	3345
=	35478

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30269	+	3265
=	33534

Walgreens Boots Alliance's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -552	/	( (33737	+	33623)	/ 2 )
=	-1 * -552	/	33680
=	1.64 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29717	+	4020
=	33737

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29347	+	4276
=	33623

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Walgreens Boots Alliance (NAS:WBA) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Walgreens Boots Alliance Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Walgreens Boots Alliance's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Walgreens Boots Alliance (Walgreens Boots Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Walgreens Boots Alliance Inc (NAS:WBA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

WBA:Mexico 1WBA:Italy W8Ad:UK W8A:Germany W8A:Germany W8A:Germany W8A:Germany WGBA34:Brazil WBA:Austria

Address

108 Wilmot Road, Deerfield, IL, USA, 60015

Website

https://www.walgreensbootsalliance.com

Walgreens Boots Alliance is one of the largest retail pharmacy chains in the U.S., with over 8,500 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the U.S. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.

Executives

Nancy M Schlichting	director	200 WILMOT ROAD, DEERFIELD IL 60015
Timothy C Wentworth	director, officer: Chief Executive Officer	C/O EXPRESS SCRIPTS HOLDING COMPANY, ONE EXPRESS WAY, ST. LOUIS MO 63121
Richard P. Gates	officer: SVP, Chief Pharmacy Officer	C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Neal J. Sample	officer: EVP, Chief Information Officer	200 VESEY STREET, NEW YORK NY 10285
Todd Heckman	officer: Interim Global Controller	C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Polen Thomas E Jr	director	BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
John Patrick Driscoll	officer: EVP, Pres. U.S. Healthcare	C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Rosalind G Brewer	director, officer: CEO	C/O MOLSON COORS BREWING COMPANY, 1225 17TH STREET, SUITE 3200, DENVER CO 80202
Kevin M. Ban	officer: EVP, Chief Medical Officer	C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Bryan C Hanson	director	ZIMMER BIOMET HOLDINGS, 345 E. MAIN STREET, WARSAW IN 46580
Henry Lee Cooper	officer: EVP, Pres. Walgreens Pharmacy	C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Tracey D Brown	officer: SVP, Pres., Walgreens Retail	675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Inderpal S Bhandari	director	C/O WALGREENS BOOTS ALLIANCE, INC., DEERFIELD IL 60015
Steven J Shulman	director	1564 NE EXPRESSWAY, ATTN: BJ PURCELL, ATLANTA GA 30329
Holly May	officer: EVP, Global Chief HR Officer	6301 FITCH PATH, NEW ALBANY OH 43054