Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Walgreens Boots Alliance's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $13,485 Mil. Walgreens Boots Alliance's Total Assets for the quarter that ended in Feb. 2024 was $84,207 Mil.
Therefore, Walgreens Boots Alliance's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.16.
The historical rank and industry rank for Walgreens Boots Alliance's Equity-to-Asset or its related term are showing as below:
WBA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.35 Max: 0.57
Current: 0.16
During the past 13 years, the highest Equity to Asset Ratio of Walgreens Boots Alliance was 0.57. The lowest was 0.16. And the median was 0.35.
WBA's Equity-to-Asset is ranked worse than 83.9% of 671
companies
in the Healthcare Providers & Services industry
Industry Median: 0.47
vs WBA: 0.16
Walgreens Boots Alliance Equity-to-Asset Historical Data
The historical data trend for Walgreens Boots Alliance's Equity-to-Asset 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.
Competitive Comparison of Walgreens Boots Alliance's Equity-to-Asset
For the Pharmaceutical Retailers subindustry, Walgreens Boots Alliance's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Walgreens Boots Alliance's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Walgreens Boots Alliance's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Walgreens Boots Alliance's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as
* 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Walgreens Boots Alliance Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Walgreens Boots Alliance's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Walgreens Boots Alliance (Walgreens Boots Alliance) Business Description
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.
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