Walgreens Price to Sales Ratio vs Net Income Analysis

WBA Stock

USD 17.63 0.01 0.06%

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 Price To Sales Ratio and its Net Income 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.

Price To Sales Ratio vs Net Income

Price to Sales Ratio vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walgreens Boots Alliance Price to Sales Ratio account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Walgreens Boots' Price to Sales Ratio and Net Income is 0.65. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Net Income 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' Price to Sales Ratio and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Walgreens Boots Alliance are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Price to Sales Ratio i.e., Walgreens Boots' Price to Sales Ratio and Net Income go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Walgreens Boots Alliance stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Walgreens Boots sales, a figure that is much harder to manipulate than other Walgreens Boots Alliance multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Walgreens Boots Alliance financial statement analysis. It represents the amount of money remaining after all of Walgreens Boots Alliance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

Gross Profit Total Revenue

Walgreens Boots fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.92	0.7	0.95	0.41	0.89	0.89	0.91	-0.02	0.99	0.08	0.01	0.8	-0.5	0.96	0.59	0.93	-0.54	0.98	0.51	0.65	0.9	-0.84	0.85	0.56	0.49
Short Long Term Debt Total	0.92		0.51	0.88	0.2	0.97	0.99	0.8	-0.17	0.95	0.02	-0.14	0.62	-0.65	0.97	0.42	0.77	-0.68	0.97	0.32	0.75	0.78	-0.74	0.68	0.45	0.32
Other Current Liab	0.7	0.51		0.62	0.17	0.51	0.5	0.6	-0.07	0.71	0.31	-0.04	0.41	-0.42	0.64	0.26	0.71	-0.33	0.65	0.19	0.3	0.59	-0.5	0.84	0.51	0.2
Total Current Liabilities	0.95	0.88	0.62		0.41	0.82	0.87	0.94	-0.13	0.93	0.23	-0.11	0.87	-0.48	0.88	0.65	0.93	-0.63	0.95	0.53	0.8	0.97	-0.87	0.75	0.4	0.52
Total Stockholder Equity	0.41	0.2	0.17	0.41		0.15	0.12	0.57	0.47	0.3	-0.18	0.5	0.68	0.31	0.21	0.88	0.51	0.2	0.28	0.92	0.07	0.5	-0.56	0.16	0.2	0.83
Property Plant And Equipment Net	0.89	0.97	0.51	0.82	0.15		0.97	0.79	-0.25	0.93	0.05	-0.21	0.52	-0.75	0.95	0.37	0.69	-0.72	0.93	0.22	0.7	0.69	-0.61	0.68	0.54	0.16
Net Debt	0.89	0.99	0.5	0.87	0.12	0.97		0.78	-0.32	0.93	0.08	-0.28	0.57	-0.72	0.95	0.36	0.74	-0.75	0.95	0.21	0.79	0.75	-0.7	0.66	0.46	0.21
Retained Earnings	0.91	0.8	0.6	0.94	0.57	0.79	0.78		-0.04	0.88	0.21	0.0	0.84	-0.44	0.8	0.75	0.86	-0.58	0.87	0.61	0.7	0.91	-0.79	0.66	0.39	0.53
Cash	-0.02	-0.17	-0.07	-0.13	0.47	-0.25	-0.32	-0.04		-0.13	-0.36	0.99	0.18	0.63	-0.11	0.22	0.02	0.66	-0.12	0.58	-0.46	0.0	-0.12	-0.02	-0.17	0.6
Non Current Assets Total	0.99	0.95	0.71	0.93	0.3	0.93	0.93	0.88	-0.13		0.11	-0.1	0.72	-0.59	0.98	0.5	0.89	-0.62	0.99	0.39	0.67	0.86	-0.79	0.86	0.59	0.37
Non Currrent Assets Other	0.08	0.02	0.31	0.23	-0.18	0.05	0.08	0.21	-0.36	0.11		-0.37	0.05	-0.43	0.02	0.01	0.13	-0.46	0.09	-0.15	0.5	0.13	0.06	0.13	0.06	-0.27
Cash And Short Term Investments	0.01	-0.14	-0.04	-0.11	0.5	-0.21	-0.28	0.0	0.99	-0.1	-0.37		0.18	0.61	-0.08	0.23	0.04	0.65	-0.1	0.59	-0.44	0.01	-0.14	-0.03	-0.16	0.62
Net Receivables	0.8	0.62	0.41	0.87	0.68	0.52	0.57	0.84	0.18	0.72	0.05	0.18		-0.01	0.64	0.8	0.9	-0.23	0.74	0.79	0.56	0.94	-0.91	0.6	0.33	0.8
Common Stock Shares Outstanding	-0.5	-0.65	-0.42	-0.48	0.31	-0.75	-0.72	-0.44	0.63	-0.59	-0.43	0.61	-0.01		-0.61	0.01	-0.26	0.86	-0.58	0.3	-0.68	-0.28	0.1	-0.4	-0.37	0.4
Non Current Liabilities Total	0.96	0.97	0.64	0.88	0.21	0.95	0.95	0.8	-0.11	0.98	0.02	-0.08	0.64	-0.61		0.41	0.83	-0.61	0.99	0.33	0.65	0.8	-0.76	0.83	0.55	0.33
Inventory	0.59	0.42	0.26	0.65	0.88	0.37	0.36	0.75	0.22	0.5	0.01	0.23	0.8	0.01	0.41		0.63	-0.17	0.5	0.9	0.41	0.72	-0.65	0.32	0.19	0.79
Other Current Assets	0.93	0.77	0.71	0.93	0.51	0.69	0.74	0.86	0.02	0.89	0.13	0.04	0.9	-0.26	0.83	0.63		-0.36	0.89	0.6	0.59	0.95	-0.93	0.82	0.54	0.63
Other Stockholder Equity	-0.54	-0.68	-0.33	-0.63	0.2	-0.72	-0.75	-0.58	0.66	-0.62	-0.46	0.65	-0.23	0.86	-0.61	-0.17	-0.36		-0.64	0.13	-0.81	-0.48	0.29	-0.38	-0.13	0.23
Total Liab	0.98	0.97	0.65	0.95	0.28	0.93	0.95	0.87	-0.12	0.99	0.09	-0.1	0.74	-0.58	0.99	0.5	0.89	-0.64		0.41	0.72	0.88	-0.82	0.82	0.52	0.4
Total Current Assets	0.51	0.32	0.19	0.53	0.92	0.22	0.21	0.61	0.58	0.39	-0.15	0.59	0.79	0.3	0.33	0.9	0.6	0.13	0.41		0.19	0.64	-0.68	0.28	0.09	0.95
Short Term Debt	0.65	0.75	0.3	0.8	0.07	0.7	0.79	0.7	-0.46	0.67	0.5	-0.44	0.56	-0.68	0.65	0.41	0.59	-0.81	0.72	0.19		0.69	-0.54	0.36	0.18	0.16
Accounts Payable	0.9	0.78	0.59	0.97	0.5	0.69	0.75	0.91	0.0	0.86	0.13	0.01	0.94	-0.28	0.8	0.72	0.95	-0.48	0.88	0.64	0.69		-0.93	0.73	0.33	0.66
Common Stock	-0.84	-0.74	-0.5	-0.87	-0.56	-0.61	-0.7	-0.79	-0.12	-0.79	0.06	-0.14	-0.91	0.1	-0.76	-0.65	-0.93	0.29	-0.82	-0.68	-0.54	-0.93		-0.67	-0.35	-0.75
Other Liab	0.85	0.68	0.84	0.75	0.16	0.68	0.66	0.66	-0.02	0.86	0.13	-0.03	0.6	-0.4	0.83	0.32	0.82	-0.38	0.82	0.28	0.36	0.73	-0.67		0.66	0.29
Other Assets	0.56	0.45	0.51	0.4	0.2	0.54	0.46	0.39	-0.17	0.59	0.06	-0.16	0.33	-0.37	0.55	0.19	0.54	-0.13	0.52	0.09	0.18	0.33	-0.35	0.66		0.04
Long Term Debt	0.49	0.32	0.2	0.52	0.83	0.16	0.21	0.53	0.6	0.37	-0.27	0.62	0.8	0.4	0.33	0.79	0.63	0.23	0.4	0.95	0.16	0.66	-0.75	0.29	0.04

Click cells to compare fundamentals

Walgreens Boots Account Relationship Matchups

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.

CRM	Salesforce
TXT	Textron
VECO	Veeco Instruments

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:

How To Invest In Walgreens

Details

Is Walgreens Stock a good investment?

Details

What is Walgreens Boots' Net Worth?

Details

Largest Consumer Staples Distribution & Retail Companies

View

Largest Consumer Staples Companies

View

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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Walgreens Price to Sales Ratio vs Net Income Analysis

Price To Sales Ratio vs Net Income

Price to Sales Ratio vs Net Income Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Net Income

Walgreens Boots fundamental ratios Correlations

Walgreens Boots Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Walgreens Boots fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Walgreens Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Total Liab	+ 0.98	Total Assets

Common Stock	- 0.93	Accounts Payable
Common Stock	- 0.93	Other Current Assets
Common Stock	- 0.91	Net Receivables
Common Stock	- 0.87	Total Current Liabilities
Common Stock	- 0.84	Total Assets
Common Stock	- 0.82	Total Liab