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Southwest Airlines Co (STU:SWN) Deferred Tax : €133 Mil (TTM As of Mar. 2024)


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What is Southwest Airlines Co Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Southwest Airlines Co's change in deferred tax for the three months ended in Mar. 2024 was €-63 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was €133 Mil.

Southwest Airlines Co Deferred Tax Historical Data

The historical data trend for Southwest Airlines Co's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southwest Airlines Co Deferred Tax Chart

Southwest Airlines Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.50 -588.55 -18.59 215.23 145.80

Southwest Airlines Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -48.57 192.91 53.41 -50.44 -62.56

Southwest Airlines Co Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €133 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southwest Airlines Co Deferred Tax Related Terms

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Southwest Airlines Co (STU:SWN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Southwest Airlines Co (STU:SWN) » Definitions » Deferred Tax
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UAL AAL ALK CPA SKYW JBLU ULCC ALGT ATSG SNCY DAL DUB:RYA NSE:INDIGO SGX:C6L SHSE:601111 IST:THYAO SHSE:600029 LSE:IAG SHSE:600115 TSE:9202
Traded in Other Exchanges
LUV:USA LUV:Mexico SWN:Germany S1OU34:Brazil LUV:Austria
Address
P.O. Box 36611, Dallas, TX, USA, 75235-1611
Website
https://www.southwest.com
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.