Southwest Airlines Co. company logo
Southwest Airlines Co. logo

Southwest Airlines Co. (LUV) Quick Ratio

Annual Quick Ratio

0.850.22-20.56%

Summary

Current Value
As of today, LUV annual quick ratio is 0.85, down -20.56% on
Historical Performance
LUV annual quick ratio is down -55.50% over the past 3 years, and up +39.34% over the past 5 years
All-Time High Comparison
LUV annual quick ratio is currently -72.58% below its historical high of 3.10 set on
3-Year Low Comparison
LUV annual quick ratio is at its 3-year low
Sector Comparison
LUV annual quick ratio is higher than 23.59% of companies in Industrials sector

Quick Ratio Chart

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Series
SUGGESTED SERIES

Performance

LUV Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.85-20.6%-55.5%+39.3%-27.4%
Quarterly Quick Ratio0.42-49.4%-72.0%-79.1%-65.0%
Price$44.52+35.4%+25.0%-5.2%+235.0%
Annual Current Assets$11.27B-19.2%-37.5%+88.7%+235.7%
Annual Inventory$800.00M-0.9%+49.0%+51.2%+262.0%
Annual Current Liabilities$12.28B+0.2%+34.0%+37.1%+358.7%
Annual Current Ratio0.92-19.3%-53.3%+37.3%-26.4%
Annual Debt To Equity0.78-10.3%-33.9%+90.2%+21.9%
Piotroski F-Score8+60.0%+14.3%+166.7%0.0%
Altman Z-Score1.98+4.8%+4.8%+59.7%-12.4%

Quick Ratio Highs

LUV Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.35N/A-37.0%
5Y1.97N/A-56.9%
All3.10-72.6%

Quick Ratio Lows

LUV Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.85at low
5Y0.85at low
All0.50+70.0%

Quick Ratio History

YearValueChange
0.85-20.6%
1.07-20.7%
1.35-29.3%
1.91-3.0%
1.97+223.0%
0.61+5.2%
0.58-9.4%
0.64+4.9%
0.61+22.0%
0.50-27.5%
0.69-1.4%
0.70-13.6%
0.81-6.9%
0.87-28.7%
1.22+4.3%
1.17+34.5%
0.87+1.2%
0.86+2.4%
0.84-6.7%
0.90-5.3%
0.95-26.4%
1.29-14.0%
1.50+37.6%
YearValueChange
1.09+87.9%
0.58-1.7%
0.59-4.8%
0.62-28.7%
0.87-4.4%
0.91+28.2%
0.71+34.0%
0.53-36.9%
0.84-34.9%
1.29+4.0%
1.24+96.8%
0.63-35.7%
0.98-41.7%
1.68-2.3%
1.72+22.0%
1.41-7.2%
1.52+23.6%
1.23-60.3%
3.10+115.3%
1.44+24.1%
1.16-20.0%
1.45-

FAQ

  • What is the current annual quick ratio of LUV?

    As of today, LUV annual quick ratio is 0.85

  • What is 1-year change in LUV annual quick ratio?

    LUV annual quick ratio is down -20.56% year-over-year

  • What is 3-year change in LUV annual quick ratio?

    LUV annual quick ratio is down -55.50% over the past 3 years

  • How far is LUV annual quick ratio from its all-time high?

    LUV annual quick ratio is currently -72.58% below its historical high of 3.10 set on December 1, 1983

  • How does LUV annual quick ratio rank versus sector peers?

    LUV annual quick ratio is higher than 23.59% of companies in Industrials sector

  • When is LUV next annual earnings release?

    The next annual earnings release for LUV is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. LUV Official Website www.southwest.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/92380/000009238025000140/0000092380-25-000140-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/92380/000009238025000024/0000092380-25-000024-index.htm
  4. LUV Profile on Yahoo Finance finance.yahoo.com/quote/LUV
  5. LUV Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/luv