Southwest Airlines Co (LUV)
31.90
+0.13
(+0.41%)
USD |
NYSE |
Nov 21, 14:14
Southwest Airlines Debt to Equity Ratio: 0.7689 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.7689 |
| June 30, 2024 | 0.7641 |
| March 31, 2024 | 0.7848 |
| December 31, 2023 | 0.7516 |
| September 30, 2023 | 0.725 |
| June 30, 2023 | 0.7438 |
| March 31, 2023 | 0.7796 |
| December 31, 2022 | 0.7391 |
| September 30, 2022 | 0.796 |
| June 30, 2022 | 0.9478 |
| March 31, 2022 | 1.030 |
| December 31, 2021 | 0.986 |
| September 30, 2021 | 1.096 |
| June 30, 2021 | 1.172 |
| March 31, 2021 | 1.184 |
| December 31, 2020 | 1.103 |
| September 30, 2020 | 1.111 |
| June 30, 2020 | 0.8825 |
| March 31, 2020 | 0.5601 |
| December 31, 2019 | 0.2073 |
| September 30, 2019 | 0.3056 |
| June 30, 2019 | 0.3122 |
| March 31, 2019 | 0.3241 |
| December 31, 2018 | 0.3427 |
| September 30, 2018 | 0.3394 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.3521 |
| March 31, 2018 | 0.3734 |
| December 31, 2017 | 0.3805 |
| September 30, 2017 | 0.3499 |
| June 30, 2017 | 0.3628 |
| March 31, 2017 | 0.3737 |
| December 31, 2016 | 0.4013 |
| September 30, 2016 | 0.4095 |
| June 30, 2016 | 0.4288 |
| March 31, 2016 | 0.4413 |
| December 31, 2015 | 0.4319 |
| September 30, 2015 | 0.3829 |
| June 30, 2015 | 0.3754 |
| March 31, 2015 | 0.3893 |
| December 31, 2014 | 0.3973 |
| September 30, 2014 | 0.3677 |
| June 30, 2014 | 0.367 |
| March 31, 2014 | 0.3914 |
| December 31, 2013 | 0.3844 |
| September 30, 2013 | 0.41 |
| June 30, 2013 | 0.4327 |
| March 31, 2013 | 0.4292 |
| December 31, 2012 | 0.4511 |
| September 30, 2012 | 0.4607 |
| June 30, 2012 | 0.4789 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2073
Minimum
Dec 2019
1.184
Maximum
Mar 2021
0.8567
Average
0.7904
Median
Debt to Equity Ratio Benchmarks
| Allegiant Travel Co | 1.683 |
| JetBlue Airways Corp | 3.113 |
| American Airlines Group Inc | -6.521 |
| United Airlines Holdings Inc | 2.228 |
| Frontier Group Holdings Inc | 0.8543 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 34.85B |
| Total Liabilities (Quarterly) | 24.44B |
| Shareholders Equity (Quarterly) | 10.41B |
| Current Ratio | 0.8844 |
| Net Debt Paydown Yield | 0.02% |