Southwest Receivables Turnover vs Interest Coverage Analysis

LUV Stock  USD 29.27  0.86  3.03%   
Southwest Airlines financial indicator trend analysis is much more than just breaking down Southwest Airlines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southwest Airlines is a good investment. Please check the relationship between Southwest Airlines Receivables Turnover and its Interest Coverage accounts. 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.

Receivables Turnover vs Interest Coverage

Receivables Turnover vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southwest Airlines Receivables Turnover account and Interest Coverage. At this time, the significance of the direction appears to have weak relationship.
The correlation between Southwest Airlines' Receivables Turnover and Interest Coverage is 0.3. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Southwest Airlines, assuming nothing else is changed. The correlation between historical values of Southwest Airlines' Receivables Turnover and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Receivables Turnover of Southwest Airlines are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Receivables Turnover i.e., Southwest Airlines' Receivables Turnover and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Receivables Turnover

Interest Coverage

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

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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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.