Walgreens Boots Debt to Equity vs. Total Asset
| WBA Stock | USD 15.55 0.10 0.65% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 1.51 | Current Value 1.58 | Quarterly Volatility 0.60854676 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.3 | 0.22 |
|
|
For Walgreens Boots profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Walgreens Boots to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Walgreens Boots Alliance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Walgreens Boots's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Walgreens Boots Alliance over time as well as its relative position and ranking within its peers.
Walgreens |
Is Consumer Staples Distribution & Retail space 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.
Walgreens Boots Alliance Total Asset vs. Debt to Equity Fundamental Analysis
Walgreens Total Asset vs. Debt to Equity
Walgreens Boots | = | null |
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Walgreens Boots |
| = | 96.63 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Walgreens Total Asset Comparison
Walgreens Boots is rated below average in total asset category among its peers.
Use Walgreens Boots in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Walgreens Boots position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Walgreens Boots will appreciate offsetting losses from the drop in the long position's value.Walgreens Boots Pair Trading
Walgreens Boots Alliance Pair Trading Analysis
The ability to find closely correlated positions to Walgreens Boots could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Walgreens Boots when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Walgreens Boots - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Walgreens Boots Alliance to buy it.
The correlation of Walgreens Boots is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Walgreens Boots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walgreens Boots Alliance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Walgreens Boots can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Walgreens Boots position
In addition to having Walgreens Boots in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Copper Thematic Idea Now
Copper
Companies involved in production of copper. The Copper theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Copper Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in Walgreens Stock
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. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
To fully project Walgreens Boots' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Walgreens Boots Alliance at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Walgreens Boots' income statement, its balance sheet, and the statement of cash flows.