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

Cumulative Southwest Airlines Co 's Interest Coverage ratios

LUV's Interest expense and Ebitda growth



LUV Interest Coverage (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Interest expense Change -26.14 % -26.74 % -20.73 % -21.43 % -22.81 %
Y / Y Ebitda Change -76.19 % 131.63 % -14.94 % 606.25 % -28.22 %
Interest Coverage (TTM) 9.31 10.77 8.02 8.11 7.11
Total Ranking # 100 # 684 # 894 # 211 # 1106
Seq. Interest expense Change 3.17 % -3.08 % -1.52 % -25 % 2.33 %
Seq. Ebitda Change -81.25 % 9.36 % 320.8 % -72.41 % 82.41 %




Interest Coverage in the fourth quarter 2023 Comment
Southwest Airlines Co 's interest coverage ratio sequentially decreased to 9.31 below company average. Due to decrease of ebitda in the Q4 2023 by -81.25%.

Within Transportation sector 2 other companies have achieved higher interest coverage ratio during the Q4 2023. While Interest coverage ratio total ranking has improved in the fourth quarter 2023 to 100, from total ranking in the third quarter 2023 at 684.

What is Interest Coverage Ratio?
Source of Southwest Airlines Co sales

Interest Coverage Company Ranking
Within: No.
Industry # 1
Sector # 3
S&P 500 # 100


Interest Coverage Statistics
High Average Low
652.63
42.62
-8.57
(June 30. 2016)   (Dec 31 2020)





Financial Statements
Southwest Airlines Co 's Interest expense $ 65 Millions Visit LUV's Income Statement
Southwest Airlines Co 's Ebitda $ 195 Millions Visit LUV's Income Statement
Where are LUV's Sales coming from? Visit LUV's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Dec 31 2023, within Transportation Sector Interest Coverage Ratio EBITDA 12 months ending Dec 31 2023Interest net 12 months ending Dec 31 2023
Delta Air Lines Inc   8.53 $ 7,115.000  Millions$ 834.000  Millions
Covenant Logistics Group Inc   8.07 $ 64.273  Millions$ 7.967  Millions

Date modified: 2024-02-07T10:02:19+00:00



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