Southwest Other Current Assets from 2010 to 2024

LUV Stock  USD 32.36  0.40  1.25%   
Southwest Airlines Other Current Assets yearly trend continues to be fairly stable with very little volatility. Other Current Assets will likely drop to about 321.6 M in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1985-12-31
Previous Quarter
619 M
Current Value
601 M
Quarterly Volatility
328.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 247.8 M or Total Revenue of 27.4 B, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0235 or PTB Ratio of 1.91. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
Check out the analysis of Southwest Airlines Correlation against competitors.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.

Latest Southwest Airlines' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Southwest Airlines over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Southwest Airlines' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Airlines' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Southwest Other Current Assets Regression Statistics

Arithmetic Mean469,377,930
Geometric Mean344,240,810
Coefficient Of Variation61.69
Mean Deviation195,430,989
Median456,000,000
Standard Deviation289,564,276
Sample Variance83847.5T
Range1.3B
R-Value0.37
Mean Square Error77849.4T
R-Squared0.14
Significance0.17
Slope24,040,295
Total Sum of Squares1173864.6T

Southwest Other Current Assets History

2024321.6 M
2023520 M
2022686 M
20211.3 B
2020590 M
2019287 M

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' Other Current Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets520 M321.6 M

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Additional Tools for Southwest Stock Analysis

When running Southwest Airlines' price analysis, check to measure Southwest Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.