Southwest Receivables Turnover vs Calculated Tax Rate Analysis

LUV Stock  USD 29.27  0.86  3.03%   
Trend analysis of Southwest Airlines balance sheet accounts such as Total Current Liabilities of 12.9 B provides information on Southwest Airlines' total assets, liabilities, and equity, which is the actual value of Southwest Airlines to its prevalent stockholders. By breaking down trends over time using Southwest Airlines balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.

About Southwest Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Southwest Airlines at a specified time, usually calculated after every quarter, six months, or one year. Southwest Airlines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Southwest Airlines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Southwest currently owns. An asset can also be divided into two categories, current and non-current.

Southwest Airlines Balance Sheet Chart

Southwest Airlines Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Southwest Airlines uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Southwest Airlines' Net Receivables is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 38.3 B in 2024, despite the fact that Net Debt is likely to grow to (83.6 M).

Total Assets

Total assets refers to the total amount of Southwest Airlines assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Southwest Airlines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Southwest Airlines balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Southwest Airlines are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Southwest Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southwest Airlines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.At this time, Southwest Airlines' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 8.29 in 2024, whereas Tax Provision is likely to drop slightly above 130.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.4B3.7B4.0B4.0B
Cost Of Revenue11.7B19.1B21.9B23.0B

Southwest Airlines fundamental ratios Correlations

0.870.720.930.720.89-0.460.890.850.89-0.280.880.92-0.560.930.850.45-0.780.990.90.180.060.190.940.770.78
0.870.550.70.470.56-0.610.670.990.57-0.210.990.89-0.450.980.660.36-0.640.920.990.02-0.03-0.010.770.530.53
0.720.550.850.260.7-0.480.610.570.7-0.670.570.63-0.390.570.750.07-0.510.730.59-0.130.01-0.370.80.480.49
0.930.70.850.640.91-0.50.880.710.9-0.490.730.86-0.560.750.910.35-0.770.910.760.180.040.10.980.710.72
0.720.470.260.640.790.00.770.410.80.090.460.62-0.40.580.560.57-0.650.640.490.450.20.640.610.860.86
0.890.560.70.910.79-0.150.90.511.0-0.220.560.74-0.570.690.790.37-0.740.820.590.320.170.320.840.830.84
-0.46-0.61-0.48-0.50.0-0.15-0.38-0.74-0.140.5-0.69-0.60.41-0.52-0.46-0.080.49-0.54-0.680.330.540.31-0.630.050.05
0.890.670.610.880.770.9-0.380.650.89-0.150.670.89-0.810.730.730.25-0.950.840.70.360.00.290.880.640.64
0.850.990.570.710.410.51-0.740.650.51-0.281.00.89-0.480.940.660.33-0.660.910.99-0.05-0.14-0.080.790.440.45
0.890.570.70.90.81.0-0.140.890.51-0.220.560.73-0.540.690.790.39-0.720.830.60.320.180.330.830.850.85
-0.28-0.21-0.67-0.490.09-0.220.5-0.15-0.28-0.22-0.26-0.2-0.03-0.17-0.470.010.09-0.31-0.270.370.10.28-0.45-0.1-0.11
0.880.990.570.730.460.56-0.690.671.00.56-0.260.89-0.440.960.70.39-0.650.931.0-0.02-0.09-0.010.810.510.51
0.920.890.630.860.620.74-0.60.890.890.73-0.20.89-0.690.880.750.3-0.870.930.910.28-0.10.10.90.580.59
-0.56-0.45-0.39-0.56-0.4-0.570.41-0.81-0.48-0.54-0.03-0.44-0.69-0.47-0.290.220.91-0.54-0.45-0.320.27-0.07-0.58-0.15-0.15
0.930.980.570.750.580.69-0.520.730.940.69-0.170.960.88-0.470.690.43-0.670.960.960.050.00.090.80.650.66
0.850.660.750.910.560.79-0.460.730.660.79-0.470.70.75-0.290.690.49-0.590.830.740.030.030.110.910.680.69
0.450.360.070.350.570.37-0.080.250.330.390.010.390.30.220.430.49-0.090.430.42-0.050.230.470.40.640.64
-0.78-0.64-0.51-0.77-0.65-0.740.49-0.95-0.66-0.720.09-0.65-0.870.91-0.67-0.59-0.09-0.75-0.67-0.330.14-0.21-0.8-0.43-0.43
0.990.920.730.910.640.82-0.540.840.910.83-0.310.930.93-0.540.960.830.43-0.750.940.110.020.10.920.720.73
0.90.990.590.760.490.59-0.680.70.990.6-0.271.00.91-0.450.960.740.42-0.670.940.0-0.070.010.840.540.55
0.180.02-0.130.180.450.320.330.36-0.050.320.37-0.020.28-0.320.050.03-0.05-0.330.110.00.30.510.090.360.36
0.06-0.030.010.040.20.170.540.0-0.140.180.1-0.09-0.10.270.00.030.230.140.02-0.070.30.17-0.060.320.32
0.19-0.01-0.370.10.640.320.310.29-0.080.330.28-0.010.1-0.070.090.110.47-0.210.10.010.510.170.090.450.44
0.940.770.80.980.610.84-0.630.880.790.83-0.450.810.9-0.580.80.910.4-0.80.920.840.09-0.060.090.630.64
0.770.530.480.710.860.830.050.640.440.85-0.10.510.58-0.150.650.680.64-0.430.720.540.360.320.450.631.0
0.780.530.490.720.860.840.050.640.450.85-0.110.510.59-0.150.660.690.64-0.430.730.550.360.320.440.641.0
Click cells to compare fundamentals

Southwest Airlines Account Relationship Matchups

Southwest Airlines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.9B34.6B36.3B35.4B36.5B38.3B
Short Long Term Debt Total4.0B12.2B12.3B9.4B9.2B9.7B
Total Current Liabilities9.0B7.5B9.2B10.4B12.3B12.9B
Total Stockholder Equity9.8B8.9B10.4B10.7B10.5B5.4B
Property Plant And Equipment Net18.4B17.7B16.4B18.7B20.6B21.6B
Net Debt1.4B1.1B(199M)(61M)(88M)(83.6M)
Retained Earnings17.9B14.8B15.8B16.3B16.3B17.1B
Cash2.5B11.1B12.5B9.5B9.3B9.8B
Non Current Assets Total19.9B19.4B18.3B20.6B22.5B23.7B
Non Currrent Assets Other577M722M882M(1.4B)(1.7B)(1.6B)
Cash And Short Term Investments4.1B13.3B15.5B12.3B11.5B12.0B
Net Receivables1.1B1.1B1.4B1.0B1.1B1.2B
Common Stock Shares Outstanding539M565M609M642M640M578.0M
Liabilities And Stockholders Equity25.9B34.6B36.3B35.4B36.5B38.3B
Non Current Liabilities Total7.1B18.2B16.7B14.3B13.7B14.4B
Inventory529M414M537M790M807M847.4M
Other Current Assets287M295M638M686M520M295.3M
Other Stockholder Equity(8.9B)(6.7B)(6.6B)(6.8B)(6.7B)(6.3B)
Total Liab16.1B25.7B25.9B24.7B26.0B27.3B
Total Current Assets6.0B15.2B18.0B14.8B14.0B14.7B
Short Term Debt1.2B526M692M267M237M278.2M
Intangible Assets413M399M296M295M340.4M308.2M
Accounts Payable1.6B931M1.3B2.0B265M251.8M
Current Deferred Revenue4.5B3.8B5.6B6.1B6.6B6.9B
Property Plant And Equipment Gross18.4B17.7B29.2B32.4B35.0B36.8B
Accumulated Other Comprehensive Income(61M)(105M)388M344M395.6M415.4M
Other Liab4.3B6.5B5.2B5.1B5.9B6.2B
Other Assets529M1.0B882M855M983.3M618.2M
Long Term Debt1.8B10.1B10.3B8.0B8.0B8.4B
Treasury Stock(10.4B)(10.9B)(10.9B)(10.8B)(9.8B)(9.3B)
Property Plant Equipment17.0B15.8B16.4B18.7B21.5B13.8B
Short Term Investments1.5B2.3B3.0B2.8B2.2B1.8B
Net Tangible Assets9.8B12.8B9.4B13.0B15.0B8.9B
Retained Earnings Total Equity17.9B14.8B15.8B16.3B18.7B11.2B
Long Term Debt Total1.8B10.1B10.3B8.0B9.3B9.7B
Capital Surpluse1.6B4.2B4.2B4.0B4.6B4.9B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Southwest Airlines is a strong investment it is important to analyze Southwest Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Southwest Airlines' future performance. For an informed investment choice regarding Southwest Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Southwest Stock analysis

When running Southwest Airlines' price analysis, check to measure Southwest Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Southwest Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southwest Airlines. If investors know Southwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southwest Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
0.72
Earnings Share
0.76
Revenue Per Share
43.85
Quarterly Revenue Growth
0.105
The market value of Southwest Airlines is measured differently than its book value, which is the value of Southwest that is recorded on the company's balance sheet. Investors also form their own opinion of Southwest Airlines' value that differs from its market value or its book value, called intrinsic value, which is Southwest Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southwest Airlines' market value can be influenced by many factors that don't directly affect Southwest Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southwest Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southwest Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southwest Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.