Walgreens Boots Alliance Inc (WBA) — Working Capital to Net Assets Ratio
Walgreens Boots Alliance Inc (WBA) has a Working Capital to Net Assets ratio of -140.1% as of May 2025. Working capital of $-10.26 Billion (current assets of $15.70 Billion minus current liabilities of $25.96 Billion) is measured against net assets of $7.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Walgreens Boots Alliance Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Walgreens Boots Alliance Inc Working Capital to Net Assets (1985–2024)
This chart shows how Walgreens Boots Alliance Inc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1985 to 2024. As of May 2025, the ratio stands at -140.1%, reflecting working capital of $-10.26 Billion against net assets of $7.32 Billion USD. Check Walgreens Boots Alliance Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Walgreens Boots Alliance Inc (1985–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Walgreens Boots Alliance Inc from 1985 to 2024, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Walgreens Boots Alliance Inc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -70.8% | $-8.62 Billion | $12.18 Billion | $18.34 Billion | $26.95 Billion | ▼ -39.1 pp |
| 2023 | -31.7% | $-9.03 Billion | $28.49 Billion | $15.50 Billion | $24.54 Billion | ▼ -13.0 pp |
| 2022 | -18.7% | $-5.68 Billion | $30.41 Billion | $16.90 Billion | $22.58 Billion | ▲ +7.5 pp |
| 2021 | -26.2% | $-6.24 Billion | $23.82 Billion | $15.81 Billion | $22.05 Billion | ▲ +16.4 pp |
| 2020 | -42.6% | $-9.00 Billion | $21.14 Billion | $18.07 Billion | $27.07 Billion | ▼ -14.1 pp |
| 2019 | -28.5% | $-7.07 Billion | $24.79 Billion | $18.70 Billion | $25.77 Billion | ▼ -14.2 pp |
| 2018 | -14.3% | $-3.82 Billion | $26.69 Billion | $17.85 Billion | $21.67 Billion | ▼ -18.6 pp |
| 2017 | 4.3% | $1.21 Billion | $28.27 Billion | $19.75 Billion | $18.55 Billion | ▼ -25.0 pp |
| 2016 | 29.3% | $8.87 Billion | $30.28 Billion | $25.88 Billion | $17.01 Billion | ▲ +19.4 pp |
| 2015 | 9.9% | $3.10 Billion | $31.30 Billion | $19.66 Billion | $16.56 Billion | ▼ -6.4 pp |
| 2014 | 16.3% | $3.35 Billion | $20.56 Billion | $12.24 Billion | $8.89 Billion | ▲ +0.9 pp |
| 2013 | 15.4% | $2.99 Billion | $19.45 Billion | $11.87 Billion | $8.88 Billion | ▲ +4.2 pp |
| 2012 | 11.2% | $2.04 Billion | $18.24 Billion | $10.76 Billion | $8.72 Billion | ▼ -17.4 pp |
| 2011 | 28.6% | $4.24 Billion | $14.85 Billion | $12.32 Billion | $8.08 Billion | ▼ -2.6 pp |
| 2010 | 31.2% | $4.49 Billion | $14.40 Billion | $11.92 Billion | $7.43 Billion | ▼ -5.6 pp |
| 2009 | 36.7% | $5.28 Billion | $14.38 Billion | $12.05 Billion | $6.77 Billion | ▲ +7.3 pp |
| 2008 | 29.4% | $3.79 Billion | $12.87 Billion | $10.43 Billion | $6.64 Billion | ▲ +4.5 pp |
| 2007 | 24.9% | $2.77 Billion | $11.10 Billion | $9.51 Billion | $6.74 Billion | ▼ -14.1 pp |
| 2006 | 39.0% | $3.95 Billion | $10.12 Billion | $9.71 Billion | $5.76 Billion | ▼ -4.1 pp |
| 2005 | 43.1% | $3.84 Billion | $8.89 Billion | $8.32 Billion | $4.48 Billion | ▼ -1.7 pp |
| 2004 | 44.8% | $3.69 Billion | $8.23 Billion | $7.76 Billion | $4.08 Billion | ▲ +4.0 pp |
| 2003 | 40.8% | $2.94 Billion | $7.20 Billion | $6.36 Billion | $3.42 Billion | ▲ +5.3 pp |
| 2002 | 35.5% | $2.21 Billion | $6.23 Billion | $5.17 Billion | $2.96 Billion | ▲ +8.9 pp |
| 2001 | 26.5% | $1.38 Billion | $5.21 Billion | $4.39 Billion | $3.01 Billion | ▼ -2.9 pp |
| 2000 | 29.4% | $1.25 Billion | $4.23 Billion | $3.55 Billion | $2.30 Billion | ▼ -7.8 pp |
| 1999 | 37.2% | $1.30 Billion | $3.48 Billion | $3.22 Billion | $1.92 Billion | ▲ +0.6 pp |
| 1998 | 36.6% | $1.04 Billion | $2.85 Billion | $2.62 Billion | $1.58 Billion | ▼ -0.8 pp |
| 1997 | 37.4% | $887.00 Million | $2.37 Billion | $2.33 Billion | $1.44 Billion | ▼ -3.6 pp |
| 1996 | 41.0% | $837.00 Million | $2.04 Billion | $2.02 Billion | $1.18 Billion | ▼ 0.0 pp |
| 1995 | 41.0% | $735.10 Million | $1.79 Billion | $1.81 Billion | $1.08 Billion | ▲ +1.5 pp |
| 1994 | 39.5% | $622.10 Million | $1.57 Billion | $1.67 Billion | $1.05 Billion | ▼ -2.5 pp |
| 1993 | 42.0% | $579.60 Million | $1.38 Billion | $1.46 Billion | $883.50 Million | ▼ -2.5 pp |
| 1992 | 44.6% | $549.50 Million | $1.23 Billion | $1.44 Billion | $889.30 Million | ▼ -7.6 pp |
| 1991 | 52.1% | $563.60 Million | $1.08 Billion | $1.25 Billion | $683.80 Million | ▼ -6.4 pp |
| 1990 | 58.6% | $554.70 Million | $947.30 Million | $1.19 Billion | $632.30 Million | ▼ -6.8 pp |
| 1989 | 65.4% | $538.10 Million | $823.40 Million | $1.08 Billion | $544.90 Million | ▼ -2.8 pp |
| 1988 | 68.2% | $485.70 Million | $712.60 Million | $974.30 Million | $488.60 Million | ▲ +10.6 pp |
| 1987 | 57.5% | $358.00 Million | $622.30 Million | $823.60 Million | $465.60 Million | ▼ -2.3 pp |
| 1986 | 59.9% | $331.40 Million | $553.60 Million | $720.20 Million | $388.80 Million | ▲ +6.4 pp |
| 1985 | 53.4% | $257.00 Million | $481.00 Million | $593.50 Million | $336.50 Million | — |