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Southwest Airlines Co   (LUV)
Other Ticker:  
 
    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation

Southwest Airlines Co 's Long Term Debt to Equity

LUV's quarterly Long Term Debt to Equity and Long Term Debt, Equity growth


In Spite of the long-term debt repayement of -0.05%, in I Quarter 2024 ,Long Term Debt to Equity deteriorated to 0.78 is above the company's typical Long Term Debt to Equity.

Within Airline industry Southwest Airlines Co achieved the lowest Long Term Debt to Equity in the first quarter 2024. While Long Term Debt to Equity total ranking has improved so far in the first quarter 2024 to 182, from total ranking in the forth quarter 2023 at 1032 .

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt LUVīs has?
What is the structure of LUVīs Equity?


LUV Long Term Debt to Equity (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Equity Change -1.03 % -1.61 % 1.19 % -2.98 % -1.1 %
Y / Y Long Term Debt Change -0.31 % -0.85 % -3.98 % -9.95 % -22.41 %
Long Term Debt to Equity MRQ 0.78 0.76 0.72 0.74 0.78
LUV's Total Ranking # 182 # 1032 # 229 # 1692 # 1761
Seq. Equity Change -3.03 % -4.88 % 2.46 % 4.73 % -3.6 %
Seq. Long Term Debt Change -0.05 % -0.08 % -0.13 % -0.06 % -0.58 %



Long Term Debt to Equity first quarter 2024 Company Ranking
Within: No.
Airline Industry # 0
Transportation Sector # 3
Overall Market # 182


Long Term Debt to Equity Statistics
High Average Low
1.16 0.46 0.19
(Mar 31 2021)   (Dec 31 2019)




Financial Statements
Southwest Airlines Co 's Equity $ 10,196 Millions Visit LUV's Balance sheet
Southwest Airlines Co 's Long Term Debt $ 7,974 Millions Visit LUV's Balance sheet
Source of LUV's Sales Visit LUV's Sales by Geography


Cumulative Southwest Airlines Co 's Long Term Debt to Equity

LUV's Long Term Debt to Equity for the trailling 12 Months

LUV Long Term Debt to Equity

(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Equity TTM Growth -1.03 % -1.61 % 1.19 % -2.98 % -1.1 %
Y / Y Long Term Debt TTM Growth -0.31 % -0.85 % -3.98 % -9.95 % -22.41 %
Long Term Debt to Equity TTM 0.75 0.75 0.75 0.76 0.77
Total Ranking TTM # 57 # 107 # 105 # 56 # 114
Seq. Equity TTM Growth -3.03 % -4.88 % 2.46 % 4.73 % -3.6 %
Seq. Long Term Debt TTM Growth -0.05 % -0.08 % -0.13 % -0.06 % -0.58 %


On the trailing twelve months basis Due to long-term debt repayement of -0.05% Southwest Airlines Co has not changed Long Term Debt to Equity in the 12 months ending in I Quarter 2024 to 0.75, above the Southwest Airlines Co 's average Long Term Debt to Equity.
Long Term Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Airline industry LUV recorded the lowest Long Term Debt to Equity. While Long Term Debt to Equity total ranking has improved so far to 57, from total ranking in previous 12 month period at 107.

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt LUVīs has?
What is the structure of LUVīs Equity?

TTM Long Term Debt to Equity Company Ranking
Within: No.
Within the Airline Industry # 0
Transportation Sector # 0
Within the Market # 57


trailing twelve months Long Term Debt to Equity Statistics
High Average Low
1.08 0.48 0.2
(Sep 30 2021)   (Sep. 30, 2006)




Companies with similar Long Term Debt to Equity in the quarter ending Mar 31 2024, within Airline Industry Long Term Debt to EquityMar 31 2024 MRQ Long Term DebtMar 31 2024 MRQ Equity
Jetblue Airways Corp  1.78 $ 4,682.000  Millions$ 2,633.000  Millions
Delta Air Lines Inc   1.48 $ 16,555.000  Millions$ 11,151.000  Millions
Skywest Inc  1.10 $ 2,389.227  Millions$ 2,164.903  Millions
Southwest Airlines Co   0.78 $ 7,974.000  Millions$ 10,196.000  Millions
Sun Country Airlines Holdings Inc   0.58 $ 313.733  Millions$ 541.006  Millions
Alaska Air Group Inc   0.57 $ 2,264.000  Millions$ 3,977.000  Millions
Frontier Group Holdings Inc   0.42 $ 201.000  Millions$ 484.000  Millions

Date modified: 2024-04-30T01:19:25+00:00



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