Walgreens Total Stockholder Equity vs Long Term Debt Total Analysis
WBA Stock | USD 18.12 0.93 5.41% |
Walgreens Boots financial indicator trend analysis is more than just analyzing Walgreens Boots Alliance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walgreens Boots Alliance is a good investment. Please check the relationship between Walgreens Boots Total Stockholder Equity and its Long Term Debt Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Total Stockholder Equity vs Long Term Debt Total
Total Stockholder Equity vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walgreens Boots Alliance Total Stockholder Equity account and Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Walgreens Boots' Total Stockholder Equity and Long Term Debt Total is 0.13. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Walgreens Boots Alliance, assuming nothing else is changed. The correlation between historical values of Walgreens Boots' Total Stockholder Equity and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Walgreens Boots Alliance are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., Walgreens Boots' Total Stockholder Equity and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Long Term Debt Total
Most indicators from Walgreens Boots' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walgreens Boots Alliance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. The current year's Selling General Administrative is expected to grow to about 40.4 B, whereas Tax Provision is projected to grow to (1.6 B).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 28.3B | 27.1B | 31.1B | 32.7B | Total Revenue | 132.7B | 139.1B | 159.9B | 167.9B |
Walgreens Boots fundamental ratios Correlations
Click cells to compare fundamentals
Walgreens Boots Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Walgreens Boots fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 87.2B | 81.3B | 90.1B | 96.6B | 111.1B | 116.7B | |
Short Long Term Debt Total | 40.1B | 33.4B | 35.5B | 33.5B | 38.6B | 40.5B | |
Total Current Liabilities | 27.1B | 22.1B | 22.6B | 24.5B | 28.2B | 29.6B | |
Total Stockholder Equity | 21.1B | 23.8B | 29.4B | 20.0B | 23.0B | 12.2B | |
Property Plant And Equipment Net | 35.1B | 34.1B | 33.0B | 33.3B | 38.2B | 40.2B | |
Net Debt | 39.6B | 32.2B | 34.1B | 32.8B | 37.7B | 39.6B | |
Retained Earnings | 34.2B | 35.1B | 37.8B | 33.1B | 38.0B | 39.9B | |
Cash | 516M | 1.2B | 1.4B | 728M | 837.2M | 1.1B | |
Non Current Assets Total | 69.1B | 65.5B | 73.2B | 81.1B | 93.3B | 98.0B | |
Non Currrent Assets Other | (822M) | 137M | 287M | 2.6B | 2.9B | 3.1B | |
Cash And Short Term Investments | 516M | 1.2B | 2.5B | 739M | 849.9M | 1.2B | |
Net Receivables | 7.1B | 5.7B | 5.0B | 5.4B | 6.2B | 6.5B | |
Common Stock Shares Outstanding | 880.3M | 866.4M | 865.9M | 863.2M | 776.9M | 807.2M | |
Liabilities And Stockholders Equity | 87.2B | 81.3B | 90.1B | 96.6B | 111.1B | 116.7B | |
Non Current Liabilities Total | 39.0B | 35.4B | 37.1B | 43.6B | 50.1B | 52.7B | |
Inventory | 9.5B | 8.2B | 8.4B | 8.3B | 9.5B | 5.2B | |
Other Current Assets | 974M | 799M | 1.1B | 1.1B | 1.3B | 1.4B | |
Other Stockholder Equity | (9.3B) | (9.2B) | (5.6B) | (10.1B) | (9.1B) | (8.6B) | |
Total Liab | 66.0B | 57.5B | 59.7B | 68.1B | 78.4B | 82.3B | |
Total Current Assets | 18.1B | 15.8B | 16.9B | 15.5B | 17.8B | 9.2B | |
Short Term Debt | 6.0B | 3.6B | 3.3B | 3.3B | 3.8B | 3.9B | |
Accounts Payable | 14.5B | 11.1B | 11.3B | 12.6B | 14.5B | 15.3B | |
Other Liab | 3.8B | 5.3B | 5.0B | 12.4B | 14.3B | 15.0B | |
Other Assets | 660M | 2.0B | 1.7B | 2.5B | 2.9B | 3.0B | |
Long Term Debt | 12.2B | 7.7B | 10.6B | 8.1B | 9.4B | 5.9B | |
Property Plant Equipment | 33.4B | 34.1B | 33.0B | 31.8B | 36.5B | 38.3B | |
Property Plant And Equipment Gross | 35.1B | 34.1B | 33.0B | 46.2B | 53.1B | 55.8B | |
Accumulated Other Comprehensive Income | (3.8B) | (2.1B) | (2.8B) | (3.0B) | (2.7B) | (2.6B) | |
Good Will | 15.3B | 12.4B | 22.3B | 28.2B | 32.4B | 34.0B | |
Treasury Stock | (19.1B) | (20.6B) | (20.6B) | (20.7B) | (18.6B) | (17.7B) | |
Intangible Assets | 10.8B | 9.9B | 10.7B | 13.6B | 15.7B | 16.5B | |
Net Tangible Assets | 20.6B | 1.5B | 26.3B | (23.3B) | (21.0B) | (19.9B) | |
Deferred Long Term Liab | 1.8B | 1.5B | 1.9B | 1.4B | 1.3B | 1.6B | |
Long Term Investments | 7.3B | 7.0B | 5.5B | 3.5B | 3.1B | 4.8B | |
Short Long Term Debt | 3.5B | 1.3B | 1.1B | 918M | 826.2M | 784.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running Walgreens Boots' price analysis, check to measure Walgreens Boots' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Walgreens Boots is operating at the current time. Most of Walgreens Boots' value examination focuses on studying past and present price action to predict the probability of Walgreens Boots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walgreens Boots' price. Additionally, you may evaluate how the addition of Walgreens Boots to your portfolios can decrease your overall portfolio volatility.
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Is Walgreens Boots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Walgreens Boots. If investors know Walgreens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Walgreens Boots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 1.69 | Earnings Share (7.00) | Revenue Per Share 167.542 | Quarterly Revenue Growth 0.063 |
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.