Walgreens Boots Alliance Inc (WBA) — Tangible Net Worth Ratio
Walgreens Boots Alliance Inc (WBA) has a Tangible Net Worth Ratio of -48.2% as of May 2025. This metric is calculated by deducting intangible assets ($10.85 Billion) from net assets ($7.32 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Walgreens Boots Alliance Inc net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Walgreens Boots Alliance Inc Tangible Net Worth Ratio (1985–2024)
This chart shows how Walgreens Boots Alliance Inc's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2024. As of May 2025, the ratio stands at -48.2%, reflecting net assets of $7.32 Billion with intangible assets of $10.85 Billion USD. Also explore net asset growth rate of Walgreens Boots Alliance Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Walgreens Boots Alliance Inc (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Walgreens Boots Alliance Inc from 1985 to 2024, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Walgreens Boots Alliance Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -6.5% | $12.18 Billion | $12.97 Billion | $81.04 Billion | ▼ -58.7 pp |
| 2023 | 52.1% | $28.49 Billion | $13.63 Billion | $96.63 Billion | ▼ -12.6 pp |
| 2022 | 64.7% | $30.41 Billion | $10.73 Billion | $90.12 Billion | ▲ +6.4 pp |
| 2021 | 58.3% | $23.82 Billion | $9.94 Billion | $81.28 Billion | ▲ +9.2 pp |
| 2020 | 49.1% | $21.14 Billion | $10.75 Billion | $87.17 Billion | ▼ -7.0 pp |
| 2019 | 56.1% | $24.79 Billion | $10.88 Billion | $68.24 Billion | ▲ +0.3 pp |
| 2018 | 55.9% | $26.69 Billion | $11.78 Billion | $68.12 Billion | ▼ -8.2 pp |
| 2017 | 64.1% | $28.27 Billion | $10.16 Billion | $66.01 Billion | ▼ -1.9 pp |
| 2016 | 66.0% | $30.28 Billion | $10.30 Billion | $72.69 Billion | ▲ +5.4 pp |
| 2015 | 60.5% | $31.30 Billion | $12.35 Billion | $68.78 Billion | ▼ -33.7 pp |
| 2014 | 94.3% | $20.56 Billion | $1.18 Billion | $37.18 Billion | ▲ +1.0 pp |
| 2013 | 93.3% | $19.45 Billion | $1.31 Billion | $35.48 Billion | ▲ +0.3 pp |
| 2012 | 92.9% | $18.24 Billion | $1.29 Billion | $33.46 Billion | ▲ +1.1 pp |
| 2011 | 91.8% | $14.85 Billion | $1.21 Billion | $27.45 Billion | ▼ -0.4 pp |
| 2010 | 92.3% | $14.40 Billion | $1.11 Billion | $26.27 Billion | ▲ +7.3 pp |
| 2009 | 85.0% | $14.38 Billion | $2.16 Billion | $25.14 Billion | ▲ +1.2 pp |
| 2008 | 83.8% | $12.87 Billion | $2.08 Billion | $22.41 Billion | ▼ -2.3 pp |
| 2007 | 86.2% | $11.10 Billion | $1.54 Billion | $19.31 Billion | ▼ -9.5 pp |
| 2006 | 95.7% | $10.12 Billion | $434.70 Million | $17.13 Billion | ▼ -3.4 pp |
| 2005 | 99.1% | $8.89 Billion | $84.00 Million | $14.61 Billion | ▼ -0.1 pp |
| 2004 | 99.1% | $8.23 Billion | $73.60 Million | $13.34 Billion | ▼ -0.9 pp |
| 2003 | 100.0% | $7.20 Billion | $0.00 | $11.41 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $6.23 Billion | $0.00 | $9.88 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $5.21 Billion | $0.00 | $8.83 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $4.23 Billion | $0.00 | $7.10 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $3.48 Billion | $0.00 | $5.91 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $2.85 Billion | $0.00 | $4.90 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $2.37 Billion | $0.00 | $4.21 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $2.04 Billion | $0.00 | $3.63 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $1.79 Billion | $0.00 | $3.25 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $1.57 Billion | $0.00 | $2.91 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $1.38 Billion | $0.00 | $2.54 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | $1.23 Billion | $0.00 | $2.37 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $1.08 Billion | $0.00 | $2.09 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $947.30 Million | $0.00 | $1.91 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $823.40 Million | $0.00 | $1.68 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $712.60 Million | $0.00 | $1.51 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $622.30 Million | $0.00 | $1.36 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $553.60 Million | $0.00 | $1.20 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $481.00 Million | $0.00 | $961.90 Million | — |