LUV
Price:
$31.97
Market Cap:
$19.17B
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members...[Read more]
Industry
Airlines, Airports & Air Services
IPO Date
1980-01-02
Stock Exchange
NYSE
Ticker
LUV
According to Southwest Airlines Co.’s latest financial reports and current stock price. The company's current Current Ratio is 0.88. This represents a change of -11.84% compared to the average of 1.00 of the last 4 quarters.
The mean historical Current Ratio of Southwest Airlines Co. over the last ten years is 1.05. The current 0.88 Current Ratio has changed 8.34% with respect to the historical average. Over the past ten years (40 quarters), LUV's Current Ratio was at its highest in in the September 2020 quarter at 2.07. The Current Ratio was at its lowest in in the December 2015 quarter at 0.54.
Average
1.05
Median
0.71
Minimum
0.54
Maximum
2.02
Discovering the peaks and valleys of Southwest Airlines Co. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 202.91%
Maximum Annual Current Ratio = 2.02
Minimum Annual Increase = -27.50%
Minimum Annual Current Ratio = 0.54
Year | Current Ratio | Change |
---|---|---|
2023 | 1.14 | -20.20% |
2022 | 1.43 | -27.50% |
2021 | 1.97 | -2.64% |
2020 | 2.02 | 202.91% |
2019 | 0.67 | 4.92% |
2018 | 0.64 | -8.79% |
2017 | 0.70 | 6.10% |
2016 | 0.66 | 20.96% |
2015 | 0.54 | -24.60% |
2014 | 0.72 | -8.21% |
The current Current Ratio of Southwest Airlines Co. (LUV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.51
5-year avg
1.44
10-year avg
1.05
Southwest Airlines Co.’s Current Ratio is greater than United Airlines Holdings, Inc. (0.79), greater than American Airlines Group Inc. (0.57), less than JetBlue Airways Corporation (1.21), less than Spirit Airlines, Inc. (0.94), greater than Delta Air Lines, Inc. (0.39), greater than Frontier Group Holdings, Inc. (0.53),
Company | Current Ratio | Market cap |
---|---|---|
0.79 | $31.32B | |
0.57 | $9.45B | |
1.21 | $2.11B | |
0.94 | $118.28M | |
0.39 | $40.87B | |
0.53 | $1.26B |
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