Walgreens Boots Alliance (LTS:0LSZ) Debt-to-Equity : 3.15 (As of Aug. 2024)

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What is Walgreens Boots Alliance Debt-to-Equity?

Walgreens Boots Alliance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $3,887 Mil. Walgreens Boots Alliance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $28,965 Mil. Walgreens Boots Alliance's Total Stockholders Equity for the quarter that ended in Aug. 2024 was $10,446 Mil. Walgreens Boots Alliance's debt to equity for the quarter that ended in Aug. 2024 was 3.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

LTS:0LSZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 1.06 Max: 3.15
Current: 3.15

During the past 13 years, the highest Debt-to-Equity Ratio of Walgreens Boots Alliance was 3.15. The lowest was 0.47. And the median was 1.06.

LTS:0LSZ's Debt-to-Equity is ranked worse than
94.38% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.465 vs LTS:0LSZ: 3.15

Walgreens Boots Alliance Debt-to-Equity Historical Data

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

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Walgreens Boots Alliance Debt-to-Equity Chart

Walgreens Boots Alliance Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Equity

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1.92

1.43

1.40

1.68

3.15

Walgreens Boots Alliance Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial															1.68	1.73	2.49	2.40	3.15

Competitive Comparison of Walgreens Boots Alliance's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Walgreens Boots Alliance's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Walgreens Boots Alliance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Walgreens Boots Alliance's Debt to Equity Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3887	+	28965)	/	10446
	=	3.14

Walgreens Boots Alliance's Debt to Equity Ratio for the quarter that ended in Aug. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3887	+	28965)	/	10446
	=	3.14

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Walgreens Boots Alliance Debt-to-Equity Related Terms

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

Walgreens Boots Alliance Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

WBA:USA 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 US, with over 8,000 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 US. 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 Headlines

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