Southwest Airlines Current Ratio 2010-2024 | LUV

Southwest Airlines current ratio for the quarter ending June 30, 2024 was 0.9.

  • Southwest Airlines average current ratio for 2023 was 1.22, a 25.61% decline from 2022.
  • Southwest Airlines average current ratio for 2022 was 1.64, a 12.77% decline from 2021.
  • Southwest Airlines average current ratio for 2021 was 1.88, a 16.05% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.

Southwest Airlines Current Ratio 2010-2024 | LUV

  • Southwest Airlines average current ratio for 2023 was 1.22, a 25.61% decline from 2022.
  • Southwest Airlines average current ratio for 2022 was 1.64, a 12.77% decline from 2021.
  • Southwest Airlines average current ratio for 2021 was 1.88, a 16.05% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.