Walgreens Boots Alliance Inc Net debt/EBITDA
What is the Net debt/EBITDA of Walgreens Boots Alliance Inc?
The Net debt/EBITDA of Walgreens Boots Alliance Inc is 101.63
What is the definition of Net debt/EBITDA?
The net debt to earnings before interest, taxes, depreciation, and amortization (Net debt/EBITDA) ratio measures financial leverage and the company’s ability to pay off its debt. It shows how long it would take the company to pay off all its debt with operations at the current level.
The net debt to EBITDA ratio is calculated as Net debt divided by EBITDA. It is similar to the debt to EBITDA ratio, but cash and cash equivalents are subtracted in net debt.
Net debt = short-term debt + long-term debt - cash and cash equivalents
EBITDA = net income + interest expense + taxes + depreciation + amortization
Lower debt debt to EBITDA ratio indicates the company is not heavily indebted and should be able to repay its obligations. Alternatively, higher ratio indicated the company is excessively indebted. The ratio varies between industries as different industries have different capital requirements. Usually, the ratio should be compared to a benchmark or an industry average to determine the company’s credit risk. Generally, a net debt to EBITDA ratio above 4 or 5 is considered high.
Net debt/EBITDA of companies in the Consumer Staples sector on NASDAQ compared to Walgreens Boots Alliance Inc
What does Walgreens Boots Alliance Inc do?
walgreens boots alliance is the first global pharmacy-led, health and wellbeing enterprise. the company was created through the combination of walgreens and alliance boots in december 2014, bringing together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted health care services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years. the company employs more than 370,000* people and has a presence in more than 25* countries; it is the largest retail pharmacy, health and daily living destination in the usa and europe. including its equity method investments, walgreens boots alliance is a global leader in pharmacy-led, health and wellbeing retail with over 13,100* stores in 11* countries. the company includes one of the largest global pharmaceutical wholesale and distribution networks with over 350* distribution centers delivering to more than 200,000** pharmacies, doctors, he
Companies with net debt/ebitda similar to Walgreens Boots Alliance Inc
- Orpea SA has Net debt/EBITDA of 100.10
- GR Properties has Net debt/EBITDA of 100.14
- Suzano S.A has Net debt/EBITDA of 100.39
- Golden Wheel Tiandi has Net debt/EBITDA of 100.91
- Brookfield Property REIT has Net debt/EBITDA of 101.02
- Reditus, Sociedade Gestora de Participacoes Sociais, S.A has Net debt/EBITDA of 101.08
- Walgreens Boots Alliance Inc has Net debt/EBITDA of 101.63
- Boss Resources has Net debt/EBITDA of 102.35
- Marston's Plc has Net debt/EBITDA of 102.40
- Sonaecom SGPS SA has Net debt/EBITDA of 102.72
- Loral Space & Communications Inc has Net debt/EBITDA of 102.97
- Basic-Fit NV has Net debt/EBITDA of 103.57
- Covia has Net debt/EBITDA of 103.58