Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Paying user area
Try for free
Walgreens Boots Alliance Inc. pages available for free this week:
- Statement of Comprehensive Income
- Balance Sheet: Assets
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Assets
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Equity (ROE) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Walgreens Boots Alliance Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Solvency Ratios (Summary)
Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).
Solvency ratio | Description | The company |
---|---|---|
Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Walgreens Boots Alliance Inc. debt to equity ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Walgreens Boots Alliance Inc. debt to capital ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Walgreens Boots Alliance Inc. debt to assets ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Walgreens Boots Alliance Inc. financial leverage ratio increased from 2017 to 2018 and from 2018 to 2019. |
Solvency ratio | Description | The company |
---|---|---|
Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Walgreens Boots Alliance Inc. interest coverage ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Walgreens Boots Alliance Inc. fixed charge coverage ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Debt to Equity
Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Short-term debt | |||||||
Long-term debt | |||||||
Total debt | |||||||
Total Walgreens Boots Alliance, Inc. shareholders’ equity | |||||||
Solvency Ratio | |||||||
Debt to equity1 | |||||||
Benchmarks | |||||||
Debt to Equity, Competitors2 | |||||||
Costco Wholesale Corp. | |||||||
Dollar General Corp. | |||||||
Target Corp. | |||||||
Walmart Inc. | |||||||
Debt to Equity, Sector | |||||||
Consumer Staples Distribution & Retail | |||||||
Debt to Equity, Industry | |||||||
Consumer Staples |
Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).
1 2019 Calculation
Debt to equity = Total debt ÷ Total Walgreens Boots Alliance, Inc. shareholders’ equity
= ÷ =
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Walgreens Boots Alliance Inc. debt to equity ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Debt to Capital
Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Short-term debt | |||||||
Long-term debt | |||||||
Total debt | |||||||
Total Walgreens Boots Alliance, Inc. shareholders’ equity | |||||||
Total capital | |||||||
Solvency Ratio | |||||||
Debt to capital1 | |||||||
Benchmarks | |||||||
Debt to Capital, Competitors2 | |||||||
Costco Wholesale Corp. | |||||||
Dollar General Corp. | |||||||
Target Corp. | |||||||
Walmart Inc. | |||||||
Debt to Capital, Sector | |||||||
Consumer Staples Distribution & Retail | |||||||
Debt to Capital, Industry | |||||||
Consumer Staples |
Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).
1 2019 Calculation
Debt to capital = Total debt ÷ Total capital
= ÷ =
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Walgreens Boots Alliance Inc. debt to capital ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Debt to Assets
Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Short-term debt | |||||||
Long-term debt | |||||||
Total debt | |||||||
Total assets | |||||||
Solvency Ratio | |||||||
Debt to assets1 | |||||||
Benchmarks | |||||||
Debt to Assets, Competitors2 | |||||||
Costco Wholesale Corp. | |||||||
Dollar General Corp. | |||||||
Target Corp. | |||||||
Walmart Inc. | |||||||
Debt to Assets, Sector | |||||||
Consumer Staples Distribution & Retail | |||||||
Debt to Assets, Industry | |||||||
Consumer Staples |
Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).
1 2019 Calculation
Debt to assets = Total debt ÷ Total assets
= ÷ =
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Walgreens Boots Alliance Inc. debt to assets ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Financial Leverage
Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Total assets | |||||||
Total Walgreens Boots Alliance, Inc. shareholders’ equity | |||||||
Solvency Ratio | |||||||
Financial leverage1 | |||||||
Benchmarks | |||||||
Financial Leverage, Competitors2 | |||||||
Costco Wholesale Corp. | |||||||
Dollar General Corp. | |||||||
Target Corp. | |||||||
Walmart Inc. | |||||||
Financial Leverage, Sector | |||||||
Consumer Staples Distribution & Retail | |||||||
Financial Leverage, Industry | |||||||
Consumer Staples |
Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).
1 2019 Calculation
Financial leverage = Total assets ÷ Total Walgreens Boots Alliance, Inc. shareholders’ equity
= ÷ =
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Walgreens Boots Alliance Inc. financial leverage ratio increased from 2017 to 2018 and from 2018 to 2019. |
Interest Coverage
Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net earnings attributable to Walgreens Boots Alliance, Inc. | |||||||
Add: Net income attributable to noncontrolling interest | |||||||
Add: Income tax expense | |||||||
Add: Interest expense, net | |||||||
Earnings before interest and tax (EBIT) | |||||||
Solvency Ratio | |||||||
Interest coverage1 | |||||||
Benchmarks | |||||||
Interest Coverage, Competitors2 | |||||||
Costco Wholesale Corp. | |||||||
Dollar General Corp. | |||||||
Target Corp. | |||||||
Walmart Inc. | |||||||
Interest Coverage, Sector | |||||||
Consumer Staples Distribution & Retail | |||||||
Interest Coverage, Industry | |||||||
Consumer Staples |
Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).
1 2019 Calculation
Interest coverage = EBIT ÷ Interest expense
= ÷ =
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Walgreens Boots Alliance Inc. interest coverage ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Fixed Charge Coverage
Aug 31, 2019 | Aug 31, 2018 | Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net earnings attributable to Walgreens Boots Alliance, Inc. | |||||||
Add: Net income attributable to noncontrolling interest | |||||||
Add: Income tax expense | |||||||
Add: Interest expense, net | |||||||
Earnings before interest and tax (EBIT) | |||||||
Add: Rental expense | |||||||
Earnings before fixed charges and tax | |||||||
Interest expense, net | |||||||
Rental expense | |||||||
Fixed charges | |||||||
Solvency Ratio | |||||||
Fixed charge coverage1 | |||||||
Benchmarks | |||||||
Fixed Charge Coverage, Competitors2 | |||||||
Costco Wholesale Corp. | |||||||
Dollar General Corp. | |||||||
Target Corp. | |||||||
Walmart Inc. | |||||||
Fixed Charge Coverage, Sector | |||||||
Consumer Staples Distribution & Retail | |||||||
Fixed Charge Coverage, Industry | |||||||
Consumer Staples |
Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).
1 2019 Calculation
Fixed charge coverage = Earnings before fixed charges and tax ÷ Fixed charges
= ÷ =
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Walgreens Boots Alliance Inc. fixed charge coverage ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |