Southwest Total Stockholder Equity vs Accounts Payable Analysis

LUV Stock  USD 31.79  0.00  0.00%   
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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southwest Airlines Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Southwest Airlines' Total Stockholder Equity and Accounts Payable is 0.49. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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' Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Southwest Airlines are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Southwest Airlines' Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Southwest Airlines obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Southwest Airlines are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Expenses2.4B3.7B4.0B4.0B
Cost Of Revenue11.7B19.1B21.9B23.0B

Southwest Airlines fundamental ratios Correlations

0.870.740.930.720.89-0.460.890.850.890.070.880.92-0.560.930.850.55-0.780.990.90.470.06-0.020.940.770.78
0.870.70.710.470.56-0.610.670.990.570.080.990.89-0.450.980.660.65-0.640.920.990.44-0.03-0.240.770.530.54
0.740.70.720.310.66-0.380.610.680.65-0.090.660.66-0.480.740.610.05-0.560.780.670.16-0.02-0.360.670.490.5
0.930.710.720.640.91-0.50.880.710.9-0.060.730.86-0.560.750.910.33-0.770.910.760.360.04-0.090.980.710.72
0.720.470.310.640.790.00.770.410.80.130.460.62-0.40.580.560.53-0.650.640.490.610.20.490.610.860.86
0.890.560.660.910.79-0.150.90.511.00.080.560.74-0.570.690.790.3-0.740.820.590.430.170.230.840.830.84
-0.46-0.61-0.38-0.50.0-0.15-0.38-0.74-0.140.2-0.69-0.60.41-0.52-0.46-0.280.49-0.54-0.680.030.540.63-0.630.050.05
0.890.670.610.880.770.9-0.380.650.890.130.670.89-0.810.730.730.33-0.950.840.70.540.00.140.880.640.64
0.850.990.680.710.410.51-0.740.650.510.031.00.89-0.480.940.660.62-0.660.910.990.36-0.14-0.340.790.440.45
0.890.570.650.90.81.0-0.140.890.510.080.560.73-0.540.690.790.32-0.720.830.60.430.180.240.830.850.85
0.070.08-0.09-0.060.130.080.20.130.030.080.040.13-0.20.11-0.040.2-0.150.040.040.190.080.25-0.030.070.07
0.880.990.660.730.460.56-0.690.671.00.560.040.9-0.440.960.70.66-0.650.931.00.39-0.09-0.280.810.510.51
0.920.890.660.860.620.74-0.60.890.890.730.130.9-0.690.880.750.53-0.860.930.910.58-0.1-0.070.90.580.59
-0.56-0.45-0.48-0.56-0.4-0.570.41-0.81-0.48-0.54-0.2-0.44-0.69-0.47-0.29-0.020.91-0.54-0.45-0.440.27-0.07-0.58-0.15-0.15
0.930.980.740.750.580.69-0.520.730.940.690.110.960.88-0.470.690.66-0.670.960.960.440.0-0.120.80.650.66
0.850.660.610.910.560.79-0.460.730.660.79-0.040.70.75-0.290.690.36-0.590.830.740.220.03-0.20.910.680.69
0.550.650.050.330.530.3-0.280.330.620.320.20.660.53-0.020.660.36-0.250.560.660.390.090.220.420.540.54
-0.78-0.64-0.56-0.77-0.65-0.740.49-0.95-0.66-0.72-0.15-0.65-0.860.91-0.67-0.59-0.25-0.75-0.67-0.540.14-0.04-0.8-0.43-0.43
0.990.920.780.910.640.82-0.540.840.910.830.040.930.93-0.540.960.830.56-0.750.940.440.02-0.120.920.720.73
0.90.990.670.760.490.59-0.680.70.990.60.041.00.91-0.450.960.740.66-0.670.940.4-0.07-0.260.840.540.55
0.470.440.160.360.610.430.030.540.360.430.190.390.58-0.440.440.220.39-0.540.440.40.210.560.320.520.51
0.06-0.03-0.020.040.20.170.540.0-0.140.180.08-0.09-0.10.270.00.030.090.140.02-0.070.210.25-0.060.320.32
-0.02-0.24-0.36-0.090.490.230.630.14-0.340.240.25-0.28-0.07-0.07-0.12-0.20.22-0.04-0.12-0.260.560.25-0.180.390.38
0.940.770.670.980.610.84-0.630.880.790.83-0.030.810.9-0.580.80.910.42-0.80.920.840.32-0.06-0.180.630.64
0.770.530.490.710.860.830.050.640.440.850.070.510.58-0.150.650.680.54-0.430.720.540.520.320.390.631.0
0.780.540.50.720.860.840.050.640.450.850.070.510.59-0.150.660.690.54-0.430.730.550.510.320.380.641.0
Click cells to compare fundamentals

Southwest Airlines Account Relationship Matchups

Southwest Airlines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.9B34.6B36.3B35.4B36.5B38.3B
Short Long Term Debt Total4.0B12.2B12.3B9.4B9.2B9.7B
Total Current Liabilities9.0B7.5B9.2B10.4B12.3B12.9B
Total Stockholder Equity9.8B8.9B10.4B10.7B10.5B5.4B
Property Plant And Equipment Net18.4B17.7B16.4B18.7B20.6B21.6B
Net Debt1.4B1.1B(199M)(61M)(88M)(83.6M)
Retained Earnings17.9B14.8B15.8B16.3B16.3B17.1B
Cash2.5B11.1B12.5B9.5B9.3B9.8B
Non Current Assets Total19.9B19.4B18.3B20.6B22.5B23.7B
Non Currrent Assets Other577M722M882M(1.4B)388M222.9M
Cash And Short Term Investments4.1B13.3B15.5B12.3B11.5B12.0B
Net Receivables1.1B1.1B1.4B1.0B1.2B1.2B
Common Stock Shares Outstanding539M565M609M642M640M578.0M
Liabilities And Stockholders Equity25.9B34.6B36.3B35.4B36.5B38.3B
Non Current Liabilities Total7.1B18.2B16.7B14.3B13.7B14.4B
Inventory529M414M537M790M807M847.4M
Other Current Assets287M590M1.3B686M520M321.6M
Other Stockholder Equity(8.9B)(6.7B)(6.6B)(6.8B)(6.7B)(6.3B)
Total Liab16.1B25.7B25.9B24.7B26.0B27.3B
Total Current Assets6.0B15.2B18.0B14.8B14.0B14.7B
Short Term Debt1.2B915M1.0B534M474M312.5M
Intangible Assets413M399M296M295M340.4M308.2M
Accounts Payable1.6B931M1.3B530M265M251.8M
Current Deferred Revenue4.5B3.8B5.6B6.1B6.6B6.9B
Property Plant And Equipment Gross18.4B17.7B29.2B32.4B35.0B36.8B
Accumulated Other Comprehensive Income(61M)(105M)388M344M395.6M415.4M
Other Liab4.3B6.5B5.2B5.1B5.9B6.2B
Other Assets529M1.0B882M855M983.3M618.2M
Long Term Debt1.8B10.1B10.3B8.0B8.0B8.4B
Treasury Stock(10.4B)(10.9B)(10.9B)(10.8B)(9.8B)(9.3B)
Property Plant Equipment17.0B15.8B16.4B18.7B21.5B13.8B
Short Term Investments1.5B2.3B3.0B2.8B2.2B1.8B
Net Tangible Assets9.8B12.8B9.4B13.0B15.0B8.9B
Retained Earnings Total Equity17.9B14.8B15.8B16.3B18.7B11.2B
Long Term Debt Total1.8B10.1B10.3B8.0B9.3B9.7B
Capital Surpluse1.6B4.2B4.2B4.0B4.6B4.9B

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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.