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Southwest Airlines Co (FRA:SWN) Debt-to-Revenue : 0.33 (As of Sep. 2024)


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What is Southwest Airlines Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Southwest Airlines Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €2,822 Mil. Southwest Airlines Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €5,373 Mil. Southwest Airlines Co's annualized Revenue for the quarter that ended in Sep. 2024 was €24,759 Mil. Southwest Airlines Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.33.


Southwest Airlines Co Debt-to-Revenue Historical Data

The historical data trend for Southwest Airlines Co's Debt-to-Revenue 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.

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Southwest Airlines Co Debt-to-Revenue Chart

Southwest Airlines Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 1.35 0.78 0.40 0.35

Southwest Airlines Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 0.36 0.34 0.36 0.31 0.33

Competitive Comparison of Southwest Airlines Co's Debt-to-Revenue

For the Airlines subindustry, Southwest Airlines Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Airlines Co's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Southwest Airlines Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Southwest Airlines Co's Debt-to-Revenue falls into.



Southwest Airlines Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Southwest Airlines Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(217.329 + 8219.071) / 23925.447
=0.35

Southwest Airlines Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2821.932 + 5372.663) / 24759.48
=0.33

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Southwest Airlines Co Debt-to-Revenue Related Terms

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Southwest Airlines Co Business Description

Traded in Other Exchanges
Address
P.O. Box 36611, Dallas, TX, USA, 75235-1611
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates nearly 800 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 operated in a single, open-seating cabin configuration in a point-to-point network. In 2025, Southwest will modify its cabins to offer some seats with extra legroom and will update its ticketing process to offer assigned seats.