Southwest Free Cash Flow Yield vs Change In Cash Analysis

LUV Stock

USD 31.97 0.18 0.57%

Southwest Airlines financial indicator trend analysis is much more than just breaking down Southwest Airlines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southwest Airlines is a good investment. Please check the relationship between Southwest Airlines Free Cash Flow Yield and its Change In Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.

Free Cash Flow Yield vs Change In Cash

Free Cash Flow Yield vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southwest Airlines Free Cash Flow Yield account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Southwest Airlines' Free Cash Flow Yield and Change In Cash is -0.23. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Southwest Airlines, assuming nothing else is changed. The correlation between historical values of Southwest Airlines' Free Cash Flow Yield and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Southwest Airlines are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow Yield i.e., Southwest Airlines' Free Cash Flow Yield and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Change In Cash

Most indicators from Southwest Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southwest Airlines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.Enterprise Value is likely to climb to about 23.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 3.7 B in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	2.4B	3.7B	4.0B	4.0B
Cost Of Revenue	11.7B	19.1B	21.9B	23.0B

Total Operating Expenses Cost Of Revenue

Southwest Airlines fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock	Common Stock Total Equity
Total Assets		0.87	0.74	0.93	0.72	0.89	-0.46	0.89	0.85	0.89	0.07	0.88	0.92	-0.56	0.93	0.85	0.55	-0.78	0.99	0.9	0.47	0.06	-0.02	0.94	0.77	0.78
Short Long Term Debt Total	0.87		0.7	0.71	0.47	0.56	-0.61	0.67	0.99	0.57	0.08	0.99	0.89	-0.45	0.98	0.66	0.65	-0.64	0.92	0.99	0.44	-0.03	-0.24	0.77	0.53	0.54
Other Current Liab	0.74	0.7		0.72	0.31	0.66	-0.38	0.61	0.68	0.65	-0.09	0.66	0.66	-0.48	0.74	0.61	0.05	-0.56	0.78	0.67	0.16	-0.02	-0.36	0.67	0.49	0.5
Total Current Liabilities	0.93	0.71	0.72		0.64	0.91	-0.5	0.88	0.71	0.9	-0.06	0.73	0.86	-0.56	0.75	0.91	0.33	-0.77	0.91	0.76	0.36	0.04	-0.09	0.98	0.71	0.72
Total Stockholder Equity	0.72	0.47	0.31	0.64		0.79	0.0	0.77	0.41	0.8	0.13	0.46	0.62	-0.4	0.58	0.56	0.53	-0.65	0.64	0.49	0.61	0.2	0.49	0.61	0.86	0.86
Property Plant And Equipment Net	0.89	0.56	0.66	0.91	0.79		-0.15	0.9	0.51	1.0	0.08	0.56	0.74	-0.57	0.69	0.79	0.3	-0.74	0.82	0.59	0.43	0.17	0.23	0.84	0.83	0.84
Net Debt	-0.46	-0.61	-0.38	-0.5	0.0	-0.15		-0.38	-0.74	-0.14	0.2	-0.69	-0.6	0.41	-0.52	-0.46	-0.28	0.49	-0.54	-0.68	0.03	0.54	0.63	-0.63	0.05	0.05
Retained Earnings	0.89	0.67	0.61	0.88	0.77	0.9	-0.38		0.65	0.89	0.13	0.67	0.89	-0.81	0.73	0.73	0.33	-0.95	0.84	0.7	0.54	0.0	0.14	0.88	0.64	0.64
Cash	0.85	0.99	0.68	0.71	0.41	0.51	-0.74	0.65		0.51	0.03	1.0	0.89	-0.48	0.94	0.66	0.62	-0.66	0.91	0.99	0.36	-0.14	-0.34	0.79	0.44	0.45
Non Current Assets Total	0.89	0.57	0.65	0.9	0.8	1.0	-0.14	0.89	0.51		0.08	0.56	0.73	-0.54	0.69	0.79	0.32	-0.72	0.83	0.6	0.43	0.18	0.24	0.83	0.85	0.85
Non Currrent Assets Other	0.07	0.08	-0.09	-0.06	0.13	0.08	0.2	0.13	0.03	0.08		0.04	0.13	-0.2	0.11	-0.04	0.2	-0.15	0.04	0.04	0.19	0.08	0.25	-0.03	0.07	0.07
Cash And Short Term Investments	0.88	0.99	0.66	0.73	0.46	0.56	-0.69	0.67	1.0	0.56	0.04		0.9	-0.44	0.96	0.7	0.66	-0.65	0.93	1.0	0.39	-0.09	-0.28	0.81	0.51	0.51
Net Receivables	0.92	0.89	0.66	0.86	0.62	0.74	-0.6	0.89	0.89	0.73	0.13	0.9		-0.69	0.88	0.75	0.53	-0.86	0.93	0.91	0.58	-0.1	-0.07	0.9	0.58	0.59
Common Stock Shares Outstanding	-0.56	-0.45	-0.48	-0.56	-0.4	-0.57	0.41	-0.81	-0.48	-0.54	-0.2	-0.44	-0.69		-0.47	-0.29	-0.02	0.91	-0.54	-0.45	-0.44	0.27	-0.07	-0.58	-0.15	-0.15
Non Current Liabilities Total	0.93	0.98	0.74	0.75	0.58	0.69	-0.52	0.73	0.94	0.69	0.11	0.96	0.88	-0.47		0.69	0.66	-0.67	0.96	0.96	0.44	0.0	-0.12	0.8	0.65	0.66
Inventory	0.85	0.66	0.61	0.91	0.56	0.79	-0.46	0.73	0.66	0.79	-0.04	0.7	0.75	-0.29	0.69		0.36	-0.59	0.83	0.74	0.22	0.03	-0.2	0.91	0.68	0.69
Other Current Assets	0.55	0.65	0.05	0.33	0.53	0.3	-0.28	0.33	0.62	0.32	0.2	0.66	0.53	-0.02	0.66	0.36		-0.25	0.56	0.66	0.39	0.09	0.22	0.42	0.54	0.54
Other Stockholder Equity	-0.78	-0.64	-0.56	-0.77	-0.65	-0.74	0.49	-0.95	-0.66	-0.72	-0.15	-0.65	-0.86	0.91	-0.67	-0.59	-0.25		-0.75	-0.67	-0.54	0.14	-0.04	-0.8	-0.43	-0.43
Total Liab	0.99	0.92	0.78	0.91	0.64	0.82	-0.54	0.84	0.91	0.83	0.04	0.93	0.93	-0.54	0.96	0.83	0.56	-0.75		0.94	0.44	0.02	-0.12	0.92	0.72	0.73
Total Current Assets	0.9	0.99	0.67	0.76	0.49	0.59	-0.68	0.7	0.99	0.6	0.04	1.0	0.91	-0.45	0.96	0.74	0.66	-0.67	0.94		0.4	-0.07	-0.26	0.84	0.54	0.55
Short Term Debt	0.47	0.44	0.16	0.36	0.61	0.43	0.03	0.54	0.36	0.43	0.19	0.39	0.58	-0.44	0.44	0.22	0.39	-0.54	0.44	0.4		0.21	0.56	0.32	0.52	0.51
Intangible Assets	0.06	-0.03	-0.02	0.04	0.2	0.17	0.54	0.0	-0.14	0.18	0.08	-0.09	-0.1	0.27	0.0	0.03	0.09	0.14	0.02	-0.07	0.21		0.25	-0.06	0.32	0.32
Accounts Payable	-0.02	-0.24	-0.36	-0.09	0.49	0.23	0.63	0.14	-0.34	0.24	0.25	-0.28	-0.07	-0.07	-0.12	-0.2	0.22	-0.04	-0.12	-0.26	0.56	0.25		-0.18	0.39	0.38
Current Deferred Revenue	0.94	0.77	0.67	0.98	0.61	0.84	-0.63	0.88	0.79	0.83	-0.03	0.81	0.9	-0.58	0.8	0.91	0.42	-0.8	0.92	0.84	0.32	-0.06	-0.18		0.63	0.64
Common Stock	0.77	0.53	0.49	0.71	0.86	0.83	0.05	0.64	0.44	0.85	0.07	0.51	0.58	-0.15	0.65	0.68	0.54	-0.43	0.72	0.54	0.52	0.32	0.39	0.63		1.0
Common Stock Total Equity	0.78	0.54	0.5	0.72	0.86	0.84	0.05	0.64	0.45	0.85	0.07	0.51	0.59	-0.15	0.66	0.69	0.54	-0.43	0.73	0.55	0.51	0.32	0.38	0.64	1.0

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Southwest Airlines Account Relationship Matchups

Southwest Airlines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.9B	34.6B	36.3B	35.4B	36.5B	38.3B
Short Long Term Debt Total	4.0B	12.2B	12.3B	9.4B	9.2B	9.7B
Total Current Liabilities	9.0B	7.5B	9.2B	10.4B	12.3B	12.9B
Total Stockholder Equity	9.8B	8.9B	10.4B	10.7B	10.5B	5.4B
Property Plant And Equipment Net	18.4B	17.7B	16.4B	18.7B	20.6B	21.6B
Net Debt	1.4B	1.1B	(199M)	(61M)	(88M)	(83.6M)
Retained Earnings	17.9B	14.8B	15.8B	16.3B	16.3B	17.1B
Cash	2.5B	11.1B	12.5B	9.5B	9.3B	9.8B
Non Current Assets Total	19.9B	19.4B	18.3B	20.6B	22.5B	23.7B
Non Currrent Assets Other	577M	722M	882M	(1.4B)	388M	222.9M
Cash And Short Term Investments	4.1B	13.3B	15.5B	12.3B	11.5B	12.0B
Net Receivables	1.1B	1.1B	1.4B	1.0B	1.2B	1.2B
Common Stock Shares Outstanding	539M	565M	609M	642M	640M	578.0M
Liabilities And Stockholders Equity	25.9B	34.6B	36.3B	35.4B	36.5B	38.3B
Non Current Liabilities Total	7.1B	18.2B	16.7B	14.3B	13.7B	14.4B
Inventory	529M	414M	537M	790M	807M	847.4M
Other Current Assets	287M	590M	1.3B	686M	520M	321.6M
Other Stockholder Equity	(8.9B)	(6.7B)	(6.6B)	(6.8B)	(6.7B)	(6.3B)
Total Liab	16.1B	25.7B	25.9B	24.7B	26.0B	27.3B
Total Current Assets	6.0B	15.2B	18.0B	14.8B	14.0B	14.7B
Short Term Debt	1.2B	915M	1.0B	534M	474M	312.5M
Intangible Assets	413M	399M	296M	295M	340.4M	308.2M
Accounts Payable	1.6B	931M	1.3B	530M	265M	251.8M
Current Deferred Revenue	4.5B	3.8B	5.6B	6.1B	6.6B	6.9B
Property Plant And Equipment Gross	18.4B	17.7B	29.2B	32.4B	35.0B	36.8B
Accumulated Other Comprehensive Income	(61M)	(105M)	388M	344M	395.6M	415.4M
Other Liab	4.3B	6.5B	5.2B	5.1B	5.9B	6.2B
Other Assets	529M	1.0B	882M	855M	983.3M	618.2M
Long Term Debt	1.8B	10.1B	10.3B	8.0B	8.0B	8.4B
Treasury Stock	(10.4B)	(10.9B)	(10.9B)	(10.8B)	(9.8B)	(9.3B)
Property Plant Equipment	17.0B	15.8B	16.4B	18.7B	21.5B	13.8B
Short Term Investments	1.5B	2.3B	3.0B	2.8B	2.2B	1.8B
Net Tangible Assets	9.8B	12.8B	9.4B	13.0B	15.0B	8.9B
Retained Earnings Total Equity	17.9B	14.8B	15.8B	16.3B	18.7B	11.2B
Long Term Debt Total	1.8B	10.1B	10.3B	8.0B	9.3B	9.7B
Capital Surpluse	1.6B	4.2B	4.2B	4.0B	4.6B	4.9B

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