Southwest Return On Tangible Assets from 2010 to 2024

LUV Stock  USD 32.43  0.46  1.44%   
Southwest Airlines Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.01 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.01320235
Current Value
0.0125
Quarterly Volatility
0.05702154
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 247.8 M or Total Revenue of 27.4 B, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0235 or PTB Ratio of 1.91. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
Check out the analysis of Southwest Airlines Correlation against competitors.
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Latest Southwest Airlines' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Southwest Airlines over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Southwest Airlines' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Airlines' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Southwest Return On Tangible Assets Regression Statistics

Arithmetic Mean0.05
Coefficient Of Variation121.90
Mean Deviation0.04
Median0.04
Standard Deviation0.06
Sample Variance0
Range0.2359
R-Value(0.23)
Mean Square Error0
R-Squared0.05
Significance0.42
Slope(0)
Total Sum of Squares0.05

Southwest Return On Tangible Assets History

2024 0.0125
2023 0.0132
2022 0.0157
2021 0.0276
2020 -0.0914
2019 0.0923
2018 0.0975

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

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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.