Walgreens Boots Alliance (LTS:0LSZ) Cash-to-Debt

: 0.02 (As of Feb. 2024)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Walgreens Boots Alliance's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Walgreens Boots Alliance couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

The historical rank and industry rank for Walgreens Boots Alliance's Cash-to-Debt or its related term are showing as below:

LTS:0LSZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.89
Current: 0.02

During the past 13 years, Walgreens Boots Alliance's highest Cash to Debt Ratio was 0.89. The lowest was 0.01. And the median was 0.09.

LTS:0LSZ's Cash-to-Debt is ranked worse than
93.56% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 0.72 vs LTS:0LSZ: 0.02

Walgreens Boots Alliance Cash-to-Debt Historical Data

The historical data trend for Walgreens Boots Alliance's Cash-to-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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Walgreens Boots Alliance Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

0.06

0.01

0.04

0.07

0.02

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
Cash-to-Debt																0.05	0.03	0.02	0.02	0.02

Competitive Comparison

For the Pharmaceutical Retailers subindustry, Walgreens Boots Alliance's Cash-to-Debt, along with its competitors' market caps and Cash-to-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 Cash-to-Debt Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Walgreens Boots Alliance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Walgreens Boots Alliance's Cash-to-Debt falls into.

Walgreens Boots Alliance Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Walgreens Boots Alliance's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	739	/	(3265	+	30269)
	=	0.02

Walgreens Boots Alliance's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	668	/	(4276	+	29347)
	=	0.02

Walgreens Boots Alliance (LTS:0LSZ) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Walgreens Boots Alliance Cash-to-Debt Related Terms

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Walgreens Boots Alliance (LTS:0LSZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Walgreens Boots Alliance Inc (LTS:0LSZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WBA:USA WBA:Mexico 1WBA:Italy W8Ad:UK 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.

Walgreens Boots Alliance (LTS:0LSZ) Headlines

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