Balance Sheet Data
Southwest Airlines Co. (LUV)
$26.69
+1.12 (+4.38%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 3,689 | 4,072 | 13,334 | 15,504 | 12,292 | 18,498.97 | 21,633.67 | 25,299.54 | 29,586.62 | 34,600.14 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 568 | 1,086 | 1,130 | 1,357 | 1,040 | 1,831.28 | 2,141.59 | 2,504.49 | 2,928.88 | 3,425.19 |
| Account Receivables (%) | ||||||||||
| Inventories | 461 | 529 | 414 | 537 | 790 | 877.33 | 1,025.99 | 1,199.85 | 1,403.17 | 1,640.94 |
| Inventories (%) | ||||||||||
| Accounts Payable | 1,416 | 1,574 | 931 | 1,282 | 2,004 | 2,244.02 | 2,624.27 | 3,068.96 | 3,589 | 4,197.17 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -1,976 | -1,027 | -515 | -511 | -3,946 | -2,176.34 | -2,545.12 | -2,976.40 | -3,480.76 | -4,070.58 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.