Walgreens Cost of Revenue vs Interest Expense Analysis

WBA Stock  USD 21.02  0.51  2.49%   
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 Cost Of Revenue and its Interest Expense 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.

Cost Of Revenue vs Interest Expense

Cost of Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walgreens Boots Alliance Cost of Revenue account and Interest Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Walgreens Boots' Cost of Revenue and Interest Expense is 0.84. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Interest Expense 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' Cost of Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Walgreens Boots Alliance are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Cost of Revenue i.e., Walgreens Boots' Cost of Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Walgreens Boots Alliance income statement and represents the costs associated with goods and services Walgreens Boots provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 Profit28.3B27.1B31.1B32.7B
Total Revenue132.7B139.1B159.9B167.9B

Walgreens Boots fundamental ratios Correlations

0.920.70.950.410.890.890.91-0.020.990.080.010.8-0.50.960.590.93-0.540.980.510.650.9-0.840.850.560.49
0.920.510.880.20.970.990.8-0.170.950.02-0.140.62-0.650.970.420.77-0.680.970.320.750.78-0.740.680.450.32
0.70.510.620.170.510.50.6-0.070.710.31-0.040.41-0.420.640.260.71-0.330.650.190.30.59-0.50.840.510.2
0.950.880.620.410.820.870.94-0.130.930.23-0.110.87-0.480.880.650.93-0.630.950.530.80.97-0.870.750.40.52
0.410.20.170.410.150.120.570.470.3-0.180.50.680.310.210.880.510.20.280.920.070.5-0.560.160.20.83
0.890.970.510.820.150.970.79-0.250.930.05-0.210.52-0.750.950.370.69-0.720.930.220.70.69-0.610.680.540.16
0.890.990.50.870.120.970.78-0.320.930.08-0.280.57-0.720.950.360.74-0.750.950.210.790.75-0.70.660.460.21
0.910.80.60.940.570.790.78-0.040.880.210.00.84-0.440.80.750.86-0.580.870.610.70.91-0.790.660.390.53
-0.02-0.17-0.07-0.130.47-0.25-0.32-0.04-0.13-0.360.990.180.63-0.110.220.020.66-0.120.58-0.460.0-0.12-0.02-0.170.6
0.990.950.710.930.30.930.930.88-0.130.11-0.10.72-0.590.980.50.89-0.620.990.390.670.86-0.790.860.590.37
0.080.020.310.23-0.180.050.080.21-0.360.11-0.370.05-0.430.020.010.13-0.460.09-0.150.50.130.060.130.06-0.27
0.01-0.14-0.04-0.110.5-0.21-0.280.00.99-0.1-0.370.180.61-0.080.230.040.65-0.10.59-0.440.01-0.14-0.03-0.160.62
0.80.620.410.870.680.520.570.840.180.720.050.18-0.010.640.80.9-0.230.740.790.560.94-0.910.60.330.8
-0.5-0.65-0.42-0.480.31-0.75-0.72-0.440.63-0.59-0.430.61-0.01-0.610.01-0.260.86-0.580.3-0.68-0.280.1-0.4-0.370.4
0.960.970.640.880.210.950.950.8-0.110.980.02-0.080.64-0.610.410.83-0.610.990.330.650.8-0.760.830.550.33
0.590.420.260.650.880.370.360.750.220.50.010.230.80.010.410.63-0.170.50.90.410.72-0.650.320.190.79
0.930.770.710.930.510.690.740.860.020.890.130.040.9-0.260.830.63-0.360.890.60.590.95-0.930.820.540.63
-0.54-0.68-0.33-0.630.2-0.72-0.75-0.580.66-0.62-0.460.65-0.230.86-0.61-0.17-0.36-0.640.13-0.81-0.480.29-0.38-0.130.23
0.980.970.650.950.280.930.950.87-0.120.990.09-0.10.74-0.580.990.50.89-0.640.410.720.88-0.820.820.520.4
0.510.320.190.530.920.220.210.610.580.39-0.150.590.790.30.330.90.60.130.410.190.64-0.680.280.090.95
0.650.750.30.80.070.70.790.7-0.460.670.5-0.440.56-0.680.650.410.59-0.810.720.190.69-0.540.360.180.16
0.90.780.590.970.50.690.750.910.00.860.130.010.94-0.280.80.720.95-0.480.880.640.69-0.930.730.330.66
-0.84-0.74-0.5-0.87-0.56-0.61-0.7-0.79-0.12-0.790.06-0.14-0.910.1-0.76-0.65-0.930.29-0.82-0.68-0.54-0.93-0.67-0.35-0.75
0.850.680.840.750.160.680.660.66-0.020.860.13-0.030.6-0.40.830.320.82-0.380.820.280.360.73-0.670.660.29
0.560.450.510.40.20.540.460.39-0.170.590.06-0.160.33-0.370.550.190.54-0.130.520.090.180.33-0.350.660.04
0.490.320.20.520.830.160.210.530.60.37-0.270.620.80.40.330.790.630.230.40.950.160.66-0.750.290.04
Click cells to compare fundamentals

Walgreens Boots Account Relationship Matchups

Walgreens Boots fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.2B81.3B90.1B96.6B111.1B116.7B
Short Long Term Debt Total40.1B33.4B35.5B33.5B38.6B40.5B
Total Current Liabilities27.1B22.1B22.6B24.5B28.2B29.6B
Total Stockholder Equity21.1B23.8B29.4B20.0B23.0B12.2B
Property Plant And Equipment Net35.1B34.1B33.0B33.3B38.2B40.2B
Net Debt39.6B32.2B34.1B32.8B37.7B39.6B
Retained Earnings34.2B35.1B37.8B33.1B38.0B39.9B
Cash516M1.2B1.4B728M837.2M1.1B
Non Current Assets Total69.1B65.5B73.2B81.1B93.3B98.0B
Non Currrent Assets Other(822M)137M287M2.6B2.9B3.1B
Cash And Short Term Investments516M1.2B2.5B739M849.9M1.2B
Net Receivables7.1B5.7B5.0B5.4B6.2B6.5B
Common Stock Shares Outstanding880.3M866.4M865.9M863.2M776.9M807.2M
Liabilities And Stockholders Equity87.2B81.3B90.1B96.6B111.1B116.7B
Non Current Liabilities Total39.0B35.4B37.1B43.6B50.1B52.7B
Inventory9.5B8.2B8.4B8.3B9.5B5.2B
Other Current Assets974M799M1.1B1.1B1.3B1.4B
Other Stockholder Equity(9.3B)(9.2B)(5.6B)(10.1B)(9.1B)(8.6B)
Total Liab66.0B57.5B59.7B68.1B78.4B82.3B
Total Current Assets18.1B15.8B16.9B15.5B17.8B9.2B
Short Term Debt6.0B3.6B3.3B3.3B3.8B3.9B
Accounts Payable14.5B11.1B11.3B12.6B14.5B15.3B
Other Liab3.8B5.3B5.0B12.4B14.3B15.0B
Other Assets660M2.0B1.7B2.5B2.9B3.0B
Long Term Debt12.2B7.7B10.6B8.1B9.4B5.9B
Property Plant Equipment33.4B34.1B33.0B31.8B36.5B38.3B
Property Plant And Equipment Gross35.1B34.1B33.0B46.2B53.1B55.8B
Accumulated Other Comprehensive Income(3.8B)(2.1B)(2.8B)(3.0B)(2.7B)(2.6B)
Good Will15.3B12.4B22.3B28.2B32.4B34.0B
Treasury Stock(19.1B)(20.6B)(20.6B)(20.7B)(18.6B)(17.7B)
Intangible Assets10.8B9.9B10.7B13.6B15.7B16.5B
Net Tangible Assets20.6B1.5B26.3B(23.3B)(21.0B)(19.9B)
Deferred Long Term Liab1.8B1.5B1.9B1.4B1.3B1.6B
Long Term Investments7.3B7.0B5.5B3.5B3.1B4.8B
Short Long Term Debt3.5B1.3B1.1B918M826.2M784.9M

Walgreens Boots Investors Sentiment

The influence of Walgreens Boots' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Walgreens. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Walgreens Boots' public news can be used to forecast risks associated with an investment in Walgreens. The trend in average sentiment can be used to explain how an investor holding Walgreens can time the market purely based on public headlines and social activities around Walgreens Boots Alliance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Walgreens Boots' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Walgreens Boots' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Walgreens Boots' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Walgreens Boots.

Walgreens Boots Implied Volatility

    
  181.39  
Walgreens Boots' implied volatility exposes the market's sentiment of Walgreens Boots Alliance stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Walgreens Boots' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Walgreens Boots stock will not fluctuate a lot when Walgreens Boots' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Walgreens Boots in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Walgreens Boots' short interest history, or implied volatility extrapolated from Walgreens Boots options trading.

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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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
1.92
Earnings Share
0.66
Revenue Per Share
165.003
Quarterly Revenue Growth
0.1
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.