Stock Analysis on Net
Stock Analysis on Net

Walgreens Boots Alliance Inc. (NASDAQ:WBA)

$22.49

This company has been moved to the archive! The financial data has not been updated since July 9, 2020.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Paying user area

Try for free

Walgreens Boots Alliance Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Walgreens Boots Alliance Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013
Short-term debt
Trade accounts payable
Current operating lease obligation
Accrued expenses and other liabilities
Income taxes
Current liabilities
Long-term debt
Non-current operating lease obligation
Deferred income taxes
Other non-current liabilities
Non-current liabilities
Total liabilities
Preferred stock $.01 par value; none issued
Common stock $.01 par value
Paid-in capital
Employee stock loan receivable
Retained earnings
Accumulated other comprehensive income (loss)
Treasury stock, at cost
Total Walgreens Boots Alliance, Inc. shareholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

Based on: 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30).

Short-term debt
The short-term debt as a percentage of total liabilities and equity fluctuated modestly, staying mostly below 2% through early periods but rising notably to peaks above 6% around November 2017 and November 2018. Towards the last reported periods, it shows a declining trend from 6.86% to 5.07%, indicating some reduction in short-term obligations relative to total financing.
Trade accounts payable
Trade accounts payable demonstrated a generally increasing trend, starting from around 13.05% and growing gradually to surpass 20% in multiple periods from late 2017 onward. Although it experienced minor fluctuations, it remained a significant component of current liabilities, suggesting increasing reliance or higher operational activity reflected as payables.
Current operating lease obligation
This item appeared only in the recent periods near the end of the timeline, contributing around 2.5% to total liabilities and equity. This suggests either a change in accounting standards or an increase in lease obligations classified as current liabilities, reflecting a new or growing financial commitment.
Accrued expenses and other liabilities
Accrued expenses and other liabilities maintained relative stability throughout the periods, fluctuating moderately around 6% to 9%. The consistency indicates a steady component of current liabilities related to expenses incurred but not yet paid.
Income taxes
Income taxes as a percentage of total liabilities and equity remained very low and volatile, mostly under 1%, showing small changes without any clear trend, reflecting tax-related liabilities that are minor relative to the company's overall capital structure.
Current liabilities
Current liabilities generally increased over time, starting around 24%, dipping briefly below 20% during late 2014, but trending upward toward approximately 31% to 38% in later periods. This reflects growing short-term financial obligations or operational liabilities within the company.
Long-term debt
Long-term debt showed significant variation. It peaked sharply at 28.3% in November 2014, then declined to around 19% by late 2015, stayed relatively stable with minor fluctuations near 17% to 25% in mid periods, and then dropped again to near 14% toward the end. This implies significant refinancing or repayment activity affecting long-term leverage.
Non-current operating lease obligation
Similar to current leases, non-current operating lease obligations appeared only in the last periods, with values ranging from about 24% to 25%. This reflects a substantial addition to longer-term lease commitments, impacting the composition of non-current liabilities.
Deferred income taxes
Deferred income taxes started low around 2%, increased significantly to approximately 5% during early 2015, and then progressively decreased toward 1.7%-1.8% by May 2020. This trend denotes changes in tax timing differences or tax planning over the periods.
Other non-current liabilities
Other non-current liabilities hovered between roughly 3% to 8%, with a notable decrease toward the end of the timeline to about 3%. This moderate decline could indicate repayments or settlements of other non-current obligations.
Non-current liabilities
The share of non-current liabilities varied widely, peaking near 37% in November 2014 and mostly maintaining levels between 26% and 34% in subsequent periods. The final periods show a sharp increase above 40%, likely influenced by the inclusion of operating lease obligations, altering the non-current liabilities profile substantially.
Total liabilities
Total liabilities as a percentage of total liabilities and equity display a rising overall trend from about 45% early in the timeline to above 75% at the end. The increase is especially pronounced in the last years, indicating greater leverage or higher levels of obligations relative to equity.
Common stock
Common stock showed minimal variation, remaining close to 0.02% or lower throughout, reflecting a stable par value component of equity without significant changes in share capital.
Paid-in capital
Paid-in capital experienced an increase from under 3% in early periods to around 15% during mid-periods, followed by a slight decrease to around 12% toward the end. This suggests capital injections or stock issuance activity in the middle periods with minor adjustments later on.
Employee stock loan receivable
Values were negligible and near zero, indicating that employee stock loan receivables had little impact on the financial structure.
Retained earnings
Retained earnings exhibited major fluctuations, initially around 60%, then falling sharply to near 34%-38% from late 2014 through mid-periods, rising again to near 52% during 2018-2019, and dropping sharply to near 39%-40% in 2020. This pattern reflects variable profitability, dividend payments, or other equity adjustments.
Accumulated other comprehensive income (loss)
The accumulated other comprehensive income/loss turned increasingly negative, declining from slightly positive values around 0.5% to significant negative values near -5% toward later periods, indicating growing unrealized losses or negative adjustments recorded in equity.
Treasury stock
Treasury stock showed increasing negative balances from about -7% to nearly -28% over the timeline, signifying escalating share repurchases or stock retirements, reducing total shareholders’ equity accordingly.
Total shareholders’ equity
Total shareholders’ equity declined gradually from approximately 55%-57% early on, dropping to near 35% in the latest periods. This decline corresponds with increased liabilities and rising treasury stock, indicating reduced net equity base relative to total capital employed.
Noncontrolling interests
Noncontrolling interests were minimal but showed a slight increase during mid periods, peaking near 1.2%, before tapering off toward 0.7% at the end, reflecting minor changes in ownership interests outside the principal shareholders.
Total equity
Total equity mirrors shareholders’ equity trends, declining from about 55%-57% to below 25% by the end, highlighting a growing reliance on liabilities for capital structure funding over time.
Overall capital structure
The data reveals a gradual shift from a more balanced capital structure to one increasingly weighted toward liabilities, particularly noticeable after 2014. The introduction and growth of operating lease obligations have notably increased non-current liabilities. Equity components like retained earnings and treasury stock have fluctuated significantly, contributing to a reduced equity share by the end of the observed period.