Southwest Airlines Co Debt To Total Asset

Southwest Airlines Co annual debt to total asset was $0.71 in fiscal year 2021. The annual debt to total asset Decreased $-0.03 from $0.74 (in 2020) to $0.71 (in 2021).
This Decreased represents a debt to total asset growth of -4.05% Billion year over year.

Southwest Airlines Co quarterly debt to total asset was $0.70 in the quarter ending in Sep 22. The quarterly debt to total asset Decreased $-0.03 from $0.72 (in Sep 21) to $0.70 (in Sep 22).
This Decreased represents a debt to total asset growth of -3.83% year over year.

In the last 5 years from 2017 to 2021 :

Highest debt to total asset of Southwest Airlines Co was $0.74 in fiscal year 2020
Lowest debt to total asset of Southwest Airlines Co was $0.58 in fiscal year 2017
Average debt to total asset of Southwest Airlines Co was $0.66

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Definition of Debt To Total Asset :
Debt-to-Total Asset is a leverage ratio that indicates the amount of debt of a business against its assets. For more details on Debt To Total Asset, examples and formulas, refer to our glossary.

Southwest Airlines Co: Debt to total asset

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Southwest Airlines Co : Debt to total asset Details

2021

Southwest Airlines Co annual debt to total asset was $0.71 in fiscal year 2021.
Southwest Airlines Co quarterly debt to total asset was $0.74 (Mar) , $0.75 (Jun) , $0.72 (Sep) , and $0.71 (Dec) in fiscal year 2021.

2020

Southwest Airlines Co annual debt to total asset was $0.74 in fiscal year 2020.
Southwest Airlines Co quarterly debt to total asset was $0.66 (Mar) , $0.69 (Jun) , $0.73 (Sep) , and $0.74 (Dec) in fiscal year 2020.

2019

Southwest Airlines Co annual debt to total asset was $0.62 in fiscal year 2019.
Southwest Airlines Co quarterly debt to total asset was $0.63 (Mar) , $0.62 (Jun) , $0.62 (Sep) , and $0.62 (Dec) in fiscal year 2019.

Southwest Airlines Co : Debt To Total Asset (year over year growth)

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Southwest Airlines Co : Debt To Total Asset (Year Over Year Growth) Details

2021

Southwest Airlines Co annual debt to total asset Decreased -4.05% during fiscal year 2021 compared to 2020.
This represents an Decreased in debt to total asset of -$0.03 from $0.71 (in 2021) to $0.74 (in 2020).

2020

Southwest Airlines Co annual debt to total asset Increased +19.84% during fiscal year 2020 compared to 2019.
This represents an Increased in debt to total asset of +$0.12 from $0.74 (in 2020) to $0.62 (in 2019).

Southwest Airlines Co : Debt to total asset - Annual (Tabular)

Period	Debt to total asset	Y/Y Growth
2021	$0.71	-4.05%
2020	$0.74	+19.84%

Southwest Airlines Co : Debt to total asset - Quarterly (Tabular)

Period	Debt to total asset	Y/Y Growth
Sep 22	$0.70	-3.83%
Jun 22	$0.71	-4.92%
Mar 22	$0.72	-3.14%
Dec 21	$0.71	-4.05%
Sep 21	$0.72	-0.25%
Jun 21	$0.75	+7.49%
Mar 21	$0.74	+12.28%
Dec 20	$0.74	+19.84%
Sep 20	$0.73	+16.14%
Jun 20	$0.69	+11.44%
Mar 20	$0.66	+5.16%
Dec 19	$0.62	-0.68%
Sep 19	$0.62	+0.40%
Jun 19	$0.62	+0.14%
Mar 19	$0.63	+1.14%
Dec 18	$0.62	+6.83%