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SOUTHWEST AIRLINES CO (Filer) CIK: 0000092380 Print Document View Excel Document Cover Do...

SOUTHWEST AIRLINES CO (Filer) CIK: 0000092380

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Cover Document And Entity Information Financial Statements Notes to Financial Statements Accounting Policies Notes Tables Notes Details All Reports

Document And Entity Information - USD ($) 12 Months Ended Dec. 31, 2018 Feb. 01, 2019 Jun. 30, 2018 Document And Entity Information [Abstract] Entity Registrant Name SOUTHWEST AIRLINES CO Entity Central Index Key 0000092380 Current Fiscal Year End Date --12-31 Entity Filer Category Large Accelerated Filer Document Type 10-K Document Period End Date Dec. 31, 2018 Document Fiscal Year Focus 2018 Document Fiscal Period Focus FY Amendment Flag false Entity Common Stock, Shares Outstanding 552,688,849 Entity Well-known Seasoned Issuer Yes Entity Voluntary Filers No Entity Current Reporting Status Yes Entity Public Float $ 29,086,256,077 Entity Small Business false Entity Emerging Growth Company false Entity Shell Company false

Mailing Address PO BOX 36611 DALLAS TX 75235-1611

Business Address 2702 LOVE FIELD DR P O BOX 36611 DALLAS TX 75235 2147924000

SOUTHWEST AIRLINES CO (Filer) CIK: 0000092380 (see all company filings)

IRS No.: 741563240 | State of Incorp.: TX | Fiscal Year End: 1231
Type: 10-K | Act: 34 | File No.: 001-07259 | Film No.: 19566398
SIC: 4512 Air Transportation, Scheduled
Assistant Director 5

DELTA AIR LINES INC /DE/ (Filer) CIK: 0000027904

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10-K Cover Document and Entity Information Financial Statements Notes to Financial Statements Accounting Policies Notes Tables Notes Details All Reports

Document and Entity Information - USD ($) $ in Billions 12 Months Ended Dec. 31, 2018 Jan. 31, 2019 Jun. 30, 2018 Document and Entity Information [Abstract] Document Type 10-K Amendment Flag false Document Period End Date Dec. 31, 2018 Document Fiscal Year Focus 2018 Document Fiscal Period Focus FY Entity Registrant Name DELTA AIR LINES INC /DE/ Entity Central Index Key 0000027904 Current Fiscal Year End Date --12-31 Entity Well-known Seasoned Issuer Yes Entity Voluntary Filers No Entity Current Reporting Status Yes Entity Filer Category Large Accelerated Filer Entity Emerging Growth Company false Entity Small Business false Entity Shell Company false Entity Public Float $ 34.2 Entity Common Stock, Shares Outstanding 678,950,098

Mailing Address P.O. BOX 20706 DEPT 981 ATLANTA GA 30320-6001

Business Address HARTSFIELD-JACKSON ATLANTA INTL AIRPORT 1030 DELTA BOULEVARD ATLANTA GA 30354-1989 4047152600

DELTA AIR LINES INC /DE/ (Filer) CIK: 0000027904 (see all company filings)

IRS No.: 580218548 | State of Incorp.: DE | Fiscal Year End: 1231
Type: 10-K | Act: 34 | File No.: 001-05424 | Film No.: 19611523
SIC: 4512 Air Transportation, Scheduled
Assistant Director 5

Ratio analysis assignment

Assignment: The first part of this assignment is to calculate each ratio for each company for the last three fiscal year-ends.

Southwest Airlines (selected company) versus Delta Air Lines (comparison)

Use the company’s most recent 10-K annual report

Please show the ratio calculations

Accounts Receivable Turnover;

Average Collection Period for A/R;

Current Ratio;

Debt to Equity Ratio;

Inventory turnover;

Average Inventory days outstanding;

Return on Assets;

Return on Equity;

Return on Investment;

Return on Net Operating Assets;

Profit Margin;

Asset Turnover

Answer 1

-Home e Rot Louwe os 20 15 amentassets/a { l: 16993/125 26 Consent lo 56 04.92 'Quick Ytto , Quick asse (216+159)12526 341 Thven 4-2 Deys Sales outstanding tunevea。7 365/4 19 Total Asset 1.9 Totol Debt De bsAssets.q to total assel 0 8 362334 491 2361%266 312

me ntoesEIst 9.0 o 50 . I 4 115-1,4% 52 12.S Ex Pense eatin 2.3 34.8 le o Refit Mongin eteen to 7.9 Rae Fit MİoHe/Sales .3 100 38519 * Retun on assets oet assets 。 0.2 egui Stekllleir 28 引64932

Hoe dept isResn' betes as it hos mve liguidliy the lef ecie ne3 万ckios abe_ belter . ßefitablitg &tios abe better Cx. and seturn n assets ohich is bette in lowes as it is ofexeing be Hoe clefot Bit everell Home cle fot better SeenS bettes