Southwest Airlines Co Debt To Equity

Southwest Airlines Co annual debt to equity was $2.49 in fiscal year 2021. The annual debt to equity Decreased $-0.41 from $2.90(in 2020) to $2.49 (in 2021).
This Decreased represents a debt to equity growth of-14.13% Billion year over year.

Southwest Airlines Co quarterly debt to equity was $2.29 in the quarter ending in Sep 22. The quarterly debt to equity Decreased $-0.33 from $2.62 (in Sep 21) to $2.29 (in Sep 22).
This Decreased represents a debt to equity growth of -12.59% year over year.

In the last 5 years from 2017 to 2021 :

Highest debt to equity of Southwest Airlines Co was $2.90 in fiscal year 2020
Lowest debt to equity of Southwest Airlines Co was $1.41 in fiscal year 2017
Average debt to equity of Southwest Airlines Co was $2.02

Explore additional financial metrics for Southwest Airlines Co
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Definition of Debt To Equity :
Debt-to-equity is a leverage ratio that determines the debt of the business over shareholders’ equity. For more details on debt to equity, examples and formulas, refer to our glossary.

Southwest Airlines Co: Debt to Equity

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Southwest Airlines Co : Debt To Equity Details

2021

Southwest Airlines Co annual debt to equity was $2.49 in fiscal year 2021.
Southwest Airlines Co quarterly debt to equity was $2.90 (Mar) , $2.94 (Jun) , $2.62 (Sep) , and $2.49 (Dec) in fiscal year 2021.

2020

Southwest Airlines Co annual debt to equity was $2.90 in fiscal year 2020.
Southwest Airlines Co quarterly debt to equity was $1.96 (Mar) , $2.27 (Jun) , $2.64 (Sep) , and $2.90 (Dec) in fiscal year 2020.

2019

Southwest Airlines Co annual debt to equity was $1.63 in fiscal year 2019.
Southwest Airlines Co quarterly debt to equity was $1.70 (Mar) , $1.65 (Jun) , $1.67 (Sep) , and $1.63 (Dec) in fiscal year 2019.

Southwest Airlines Co : Debt To Equity (year over year growth)

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

2021

Southwest Airlines Co annual debt to equity Decreased -14.13% during fiscal year 2021 compared to 2020.
This represents an Decreased in debt to equity of -$0.41 from $2.49 (in 2021) to $2.90 (in 2020).

2020

Southwest Airlines Co annual debt to equity Increased +77.31% during fiscal year 2020 compared to 2019.
This represents an Increased in debt to equity of +$1.26 from $2.90 (in 2020) to $1.63 (in 2019).

Southwest Airlines Co : Debt To Equity - Annual (Tabular)

Period	Debt To Equity	Y/Y Growth
2021	$2.49	-14.13%
2020	$2.90	+77.31%

Southwest Airlines Co : Debt To Equity - Quarterly (Tabular)

Period	Debt To Equity	Y/Y Growth
Sep 22	$2.29	-12.59%
Jun 22	$2.44	-16.96%
Mar 22	$2.58	-11.24%
Dec 21	$2.49	-14.13%
Sep 21	$2.62	-0.92%
Jun 21	$2.94	+29.55%
Mar 21	$2.90	+47.94%
Dec 20	$2.90	+77.31%
Sep 20	$2.64	+58.83%
Jun 20	$2.27	+37.44%
Mar 20	$1.96	+15.28%
Dec 19	$1.63	-1.79%
Sep 19	$1.67	+1.06%
Jun 19	$1.65	+0.37%
Mar 19	$1.70	+3.09%
Dec 18	$1.66	+18.19%