SOUTHWEST AIRLINES CO. (LUV) Quick Ratio
- Quick ratio · latest quarter: Value (m); Formula and calculation Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30..
Quick ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Quick ratio · latest quarter | (m) | Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Cash, securities and trade receivables | (m) | Cash and Cash Equivalents, at Carrying Value · Accounts Receivable, after Allowance for Credit Loss, Current |
| Current obligations | 13.27B USD | Liabilities, Current |
| Cash and equivalents | 3.79B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 78.00M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory · excluded from quick assets | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Cash, securities and trade receivables (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory · excluded from quick assets (USD) | Quick ratio |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $13.27B | $3.79B | (m) | $78.00M | (m) | (m) |
| 2026-03-31 | (m) | $12.48B | $3.33B | (m) | $171.00M | (m) | (m) |
| 2025-12-31 | (m) | $10.92B | $3.23B | (m) | $98.00M | (m) | (m) |
| 2025-09-30 | (m) | $10.99B | $2.90B | (m) | $52.00M | (m) | (m) |
| 2025-06-30 | (m) | $10.89B | $3.48B | (m) | $60.00M | (m) | (m) |
| 2025-03-31 | (m) | $13.90B | $8.13B | (m) | $47.00M | (m) | (m) |
| 2024-12-31 | (m) | $12.28B | $7.51B | (m) | (m) | (m) | (m) |
| 2024-09-30 | (m) | $13.49B | $8.50B | (m) | $50.00M | (m) | (m) |
| 2024-06-30 | (m) | $14.11B | $8.14B | (m) | $67.00M | (m) | (m) |
| 2024-03-31 | (m) | $12.22B | $8.37B | (m) | $58.00M | (m) | (m) |
| 2023-12-31 | (m) | $12.26B | $9.29B | (m) | (m) | (m) | (m) |
| 2023-09-30 | (m) | $12.11B | $9.50B | (m) | $142.00M | (m) | (m) |
| 2023-06-30 | (m) | $11.73B | $9.16B | (m) | $97.00M | (m) | (m) |
| 2023-03-31 | (m) | $11.33B | $8.36B | (m) | $64.00M | (m) | (m) |
| 2022-12-31 | (m) | $10.38B | $9.49B | (m) | (m) | (m) | (m) |
| 2022-09-30 | (m) | $10.42B | $10.44B | (m) | $85.00M | (m) | (m) |
| 2022-06-30 | (m) | $11.71B | $13.23B | (m) | $59.00M | (m) | (m) |
| 2022-03-31 | (m) | $10.07B | $13.10B | (m) | $70.00M | (m) | (m) |
| 2021-12-31 | (m) | $9.16B | $12.48B | (m) | (m) | (m) | (m) |
| 2021-09-30 | (m) | $9.13B | $12.98B | (m) | $67.00M | (m) | (m) |
| 2021-06-30 | (m) | $12.48B | $14.12B | (m) | $81.00M | (m) | (m) |
| 2021-03-31 | (m) | $8.18B | $11.97B | (m) | (m) | (m) | (m) |
| 2020-12-31 | (m) | $7.51B | $11.06B | (m) | (m) | (m) | (m) |
| 2020-09-30 | (m) | $7.80B | $12.11B | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | $9.36B | $12.35B | (m) | (m) | (m) | (m) |
| 2020-03-31 | (m) | $10.24B | $3.94B | (m) | (m) | (m) | (m) |
| 2019-12-31 | (m) | $8.95B | $2.55B | (m) | (m) | (m) | (m) |
| 2019-09-30 | (m) | $8.63B | $2.49B | (m) | (m) | (m) | (m) |
| 2019-06-30 | (m) | $8.61B | $2.45B | (m) | (m) | (m) | (m) |
| 2019-03-31 | (m) | $8.72B | $2.34B | (m) | (m) | (m) | (m) |
| 2018-12-31 | (m) | $7.91B | $1.85B | (m) | (m) | (m) | (m) |
| 2018-09-30 | (m) | $7.84B | $2.10B | (m) | (m) | (m) | (m) |
| 2018-06-30 | (m) | $7.72B | $2.11B | (m) | (m) | (m) | (m) |
| 2018-03-31 | (m) | $7.16B | $1.82B | (m) | (m) | (m) | (m) |
| 2017-12-31 | (m) | $6.91B | $1.50B | (m) | (m) | (m) | (m) |
| 2017-09-30 | (m) | $6.96B | $1.46B | (m) | (m) | (m) | (m) |
| 2017-06-30 | (m) | $7.10B | $1.54B | (m) | (m) | (m) | (m) |
| 2017-03-31 | (m) | $7.46B | $1.85B | (m) | (m) | (m) | (m) |
| 2016-12-31 | (m) | $6.84B | $1.68B | (m) | (m) | (m) | (m) |
| 2016-09-30 | (m) | $7.82B | $1.97B | (m) | (m) | (m) | (m) |
| 2016-06-30 | (m) | $7.83B | $2.04B | (m) | (m) | (m) | (m) |
| 2016-03-31 | (m) | $8.25B | $2.39B | (m) | (m) | (m) | (m) |
| 2015-12-31 | (m) | $7.41B | $1.58B | (m) | (m) | (m) | (m) |
| 2015-09-30 | (m) | $7.08B | $1.74B | (m) | (m) | (m) | (m) |
| 2015-06-30 | (m) | $6.88B | $1.77B | (m) | (m) | (m) | (m) |
| 2015-03-31 | (m) | $6.90B | $2.02B | (m) | (m) | (m) | (m) |
| 2014-12-31 | (m) | $5.92B | $1.28B | (m) | (m) | (m) | (m) |
| 2014-09-30 | (m) | $6.45B | $1.83B | (m) | (m) | (m) | (m) |
| 2014-06-30 | (m) | $7.03B | $1.88B | (m) | (m) | (m) | (m) |
| 2014-03-31 | (m) | $6.44B | $1.74B | (m) | (m) | (m) | (m) |
| 2013-12-31 | (m) | $5.68B | $1.35B | (m) | (m) | (m) | (m) |
| 2013-09-30 | (m) | $5.55B | $1.33B | (m) | (m) | (m) | (m) |
| 2013-06-30 | (m) | $5.78B | $1.49B | (m) | (m) | (m) | (m) |
| 2013-03-31 | (m) | $5.41B | $1.34B | (m) | (m) | (m) | (m) |
| 2012-12-31 | (m) | $4.65B | $1.11B | (m) | (m) | (m) | (m) |
| 2012-09-30 | (m) | $4.97B | $1.17B | (m) | (m) | (m) | (m) |
| 2012-06-30 | (m) | $5.08B | $1.08B | (m) | (m) | (m) | (m) |
| 2012-03-31 | (m) | $5.05B | $1.56B | (m) | (m) | (m) | (m) |
| 2011-12-31 | (m) | $4.53B | $829.00M | (m) | (m) | (m) | (m) |
| 2011-09-30 | (m) | $5.32K | $1.02K | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | $5.32K | $1.59K | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | $4.36B | $2.04B | (m) | (m) | (m) | (m) |
| 2010-12-31 | (m) | $3.31B | $1.26B | (m) | (m) | (m) | (m) |
| 2010-09-30 | (m) | $3.19B | $1.03B | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | $3.34B | $989.00M | (m) | (m) | (m) | (m) |
| 2010-03-31 | (m) | $2.92B | $1.11B | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | $2.68B | $1.11B | (m) | (m) | (m) | (m) |
| 2009-09-30 | (m) | $3.02B | $902.00M | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | $3.07B | $946.00M | (m) | (m) | (m) | (m) |
| 2009-03-31 | (m) | $3.12B | $1.15B | (m) | (m) | (m) | (m) |
| 2009-01-01 | (m) | (m) | $1.37B | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | $2.81B | $1.37B | (m) | (m) | (m) | (m) |
| 2008-09-30 | (m) | (m) | $2.39B | (m) | (m) | (m) | (m) |
| 2008-06-30 | (m) | (m) | $4.65B | (m) | (m) | (m) | (m) |
| 2008-03-31 | (m) | (m) | $2.98B | (m) | (m) | (m) | (m) |
| 2008-01-01 | (m) | (m) | $2.21B | (m) | (m) | (m) | (m) |
| 2007-12-31 | (m) | (m) | $2.21B | (m) | (m) | (m) | (m) |
| 2006-12-31 | (m) | (m) | $1.39B | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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