Walgreens Income Quality vs Invested Capital Analysis
WBA Stock | USD 17.43 0.38 2.13% |
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 Income Quality and its Invested Capital 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.
Income Quality vs Invested Capital
Income Quality vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walgreens Boots Alliance Income Quality account and Invested Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between Walgreens Boots' Income Quality and Invested Capital is 0.25. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Invested Capital 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' Income Quality and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Walgreens Boots Alliance are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Income Quality i.e., Walgreens Boots' Income Quality and Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Walgreens Boots Alliance. There are two different methods for calculating Walgreens Boots Alliance invested capital: operating approach and financing approach. Understanding Walgreens Boots invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.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 |
Also Currently Popular
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Walgreens Stock analysis
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.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
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.